How can Zambia Prevent an Economic Disaster Post-COVID-19? 1 Mining in Zambia Global markets Mining tax 

How can Zambia Prevent an Economic Disaster Post-COVID-19?

The COVID-19 pandemic – whilst first and foremost a public health emergency – is creating a global economic crisis in its wake, which could cause longer lasting disruption than the virus itself. For the mining industry, the disappearance of global industrial activity has created a sudden and severe over-supply of copper, causing prices to plummet. The turmoil threatens to kill mining industries around the world, including Zambia’s.  Renowned economist Professor Oliver Saasa shares his views on possible responses that Government could implement to mitigate the damage. Countries around the world are swiftly… Read More Here
Albert Yuma rails against “tax harassment” and “foreign interference” 2 Mining in DRC Mining tax 

Albert Yuma rails against “tax harassment” and “foreign interference”

A poisonous business environment, gloomy and opaque, fiscal harassment… These were some of the words used by Albert Yuma, the president of the Congo Business Federation (FEC), in his acerbic attack on government policy. He also railed against “foreign interference” in mining issues. “No government should ever promise what it is not sure to deliver. It is a question of credibility and accountability of public action to the governed,” he said. Yuma is currently at the Centre of a judicial investigation opened by the Kinshasa public prosecutor’s office into Gécamines’… Read More Here

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