THE Federation of Small-Scale Mining Associations has welcomed government’s decision to reduce mineral royalty tax for artisanal and small-scale miners from six percent to three percent, saying the move will help grow the sector. Association president Joseph Mwansa says the reduction will encourage small-scale miners to sell their gold through legal channels. He has, however, expressed disappointment with the K1.2 billion allocated to the mining sector in the 2027 National Budget, arguing that the industry deserves more funding given its contribution to the country’s economy. Presenting the 2027 National Budget, Finance and National Planning Minister Dr Situmbeko Musokotwane announced a reduction in mineral royalty tax from six percent to three percent for artisanal and small-scale miners who sell their gold...




