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 batteries, challenges of Konkola Copper Mines (KCM) and Mopani Copper Mines (MCM), setting up of a mining commission, and participation of the government in the mining sector through the purchase of golden shares. The subsequent section analyses some of these key pronouncements. The last section makes recommendations based on the analysis.