Category: Extractives Press Statements

The 2023 National Budget: A Deep Reflection on the Mining Sector.

The 2023 budget has made serious pronouncements on the mining sector covering a wide spectrum of issues. The pronouncements have seen key changes in mineral royalty, and Property Transfer Tax (PTT). The budget speech also touches on other issues including Artisanal and Small-scale Mining (ASM), geological mapping, the Kalumbila multi-facility economic zone, manufacturing of car…
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2023 BUDGET EXPECTATIONS FOR THE MINING SECTOR.

Mining continues to be the backbone of Zambia’s economy accounting for over 10 percent of GDP and over 70 percent of export earnings. The sector also positions itself as a significant source of domestic revenue generation. Additionally, it continues to be a source of employment for many Zambians.

LEVERAGING AFRICA’S EXTRACTIVE SECTOR FOR NUTRITION AND FOOD SECURITY FINANCING.

On 13 July 2022, Tax Justice Network Africa (TJNA), Oxfam, Centre for Trade Policy, and Development (CTPD) in partnership with Africa Union (AU) Economic Social and Cultural Council (ECOSOCC) will be convening a dialogue on ‘Leveraging Africa’s extractive sector for nutrition and food security financing’ at the Radisson Blu, in Lusaka Zambia.

MANGANESE IS AN ESSENTIAL MINERAL IN THE GREEN ECONOMIC TRANSITION PROCESS

Zambia is richly endowed with a vast number of mineral resources within its geographical confines including base, gemstones, energy, precious, and industrial minerals. However, over the past years, the country has been heavily reliant on the copper mining sector dwarfing the exploitation of other mineral resources. DOWNLOAD TO READ MORE

REVIEW THE MINERAL RESOURCES DEVELOPMENT POLICY OF 2013

The Mineral Resources Development Policy (MRDP) of 2013 came into effect in July 2013. It replaced the 1995 mining policy which aimed at encouraging private investment in the exploration and development of new large and small-scale mines to exploit base metals, gemstones, energy and industrial minerals. The policy also aimed at encouraging downstream processing.

GOVERNMENT NEEDS TO EXERCISE CAUTION WITH REDESIGNING MINING FISCAL POLICY

The new dawn Government has signalled a move to support the increase in copper production, from 800,000 tonnes to over 3 million tonnes in 10 years. This coupled with high copper prices will bring in more dollars through taxes and export earnings, create more jobs and business opportunities, etc.

AHEAD OF THE 2021 GENERAL ELECTIONS: KEY ISSUES ON THE MINING SECTOR

As the country goes to the polls on 12th August 2021, it is expected that the political party that forms government will transform the mining sector into a tool of national development. The Centre for Trade Policy and Development (CTPD) wishes to note that this can only be attained if six critical issues facing the…
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CRAFT A SECTOR-SPECIFIC MINING TAXATION REGIME FOR ARTISANAL AND SMALL-SCALE MINING

The mining sector has been dominated by large scale mining at the neglect of Artisanal and Small-scale Mining (ASM). However, it is worth noting that the latter presents itself as a conduit of inducing poverty reduction in communities hosting mineral resources

Working Towards a Stable and Competitive Mining Tax Administration System

Last Week CTPD Senior Researcher Public Finance Dr Gabriel Pollen moderated a panel discussion themed” working towards a stable and competitive Mining Tax administration system at the Just ended Zambia Mining Indaba organized by the Ministry of Mines and Ministry of Finance with support from CTPD and Oxfam.

THE 2021 ZAMBIA MINING INDABA OFFICIALLY OPENS

Republican President Edgar Lungu says Government is determined to resolve policy and regulatory issues that investors have raised regarding investment in the mining industry.President Lungu also says there is need to develop a simplified mining tax administration as this will make it easy for Government to verify and audit Mining firms’ reported profits and losses.He…
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