If the mines find the new tax regime unbearable, they must pack and go, says Wusakile independent member of parliament Pavyuma Kalobo.
But the Zambia Chamber of Mines says it’s the mining tax policy inconsistency that is frustrating the investors, warning that even if the mining firms wholly comply with the new tax regime, government would still not realise the targeted revenue.
Meanwhile, the Zambia Chamber of Commerce and Industry (ZACCI) says Africa’s strategy of taxing itself to prosperity, is not logical.
And The Mine Workers Union of Zambia says the union supports government’s stance that the mines must pay more taxes whilst keeping all the workers.
Take a listen:
Send this to a friend