The Kitwe District Chamber of Commerce and Industry (KCCI) says the new mining tax regime being implemented by Government is a major boost to the Country’s mining sector.
KCCI Vice President for Commerce Emmanuel Mbambiko says President Edgar Lungu and the PF government’s decision to implement a floating tax regime for the mining sector has provided a Win-Win situation for mine investors and the Government.
Mr. Mbambiko was speaking at a press briefing in Kitwe today ahead of the third edition of the Copperbelt Mining Trade Expo that opens in Kitwe on Thursday, May 12.
And Mining Expo Convener Nicole Smith said the event will help to find solution to some of the challenges facing the sector.
Meanwhile KCCI President Allan Nyirenda says the commissioning of the multi million US dollar Synclinorium shaft at Mopani is an indication that foreign investors are upbeat about the future of the sector.