FINANCE and National Planning Minister Dr Situmbeko Musokotwane says only 15 percent of mining taxes will be paid in the Chinese currency Yuan in 2026. He says 60 percent will be paid in US Dollars and 25 percent will be paid in Kwacha. Meanwhile, ZRA Acting Commissioner General Timothy Milambo says only about four mines were currently remitting taxes in the Chinese Currency as a pilot. Speaking during a press briefing, Tuesday, Dr Musokotwane said in 2025, payment of taxes in mining was about 73 percent in US Dollar, Kwacha was 25 percent and Yuan was at two percent. “As we moved towards the end of 2025 the Zambian government decided that payments in taxes from the mining companies can...




