Economist Oliver Saasa
Economist Oliver Saasa

Economist Oliver Saasa has urged government and mining companies in the country to embrace dialogue in finding a lasting solution to the new mining tax regime which has forced some firms to downsize their operations.

Commenting on threats by Mines Minister Richard Musukwa that government will revoke the License for Konkola Copper Mines if it proceeds with its plans to downsize its operations owing to the new mining tax regime to be effected this year, Professor Saasa said dialogue will allow both parties to find a lasting solution to the matter.

Professor Saasa said dialogue must become an integral part part of the solution to the new mining tax regime before more Zambians lose their jobs.

He said threats from both government and mining companies will not help in finding a solution but will result in job losses in the mining sector.

Professor Saasa noted that although it is the responsibility of government to maximise compliance in terms of tax and to raise requisite resources needed for development, this should not be done by disadvantaging players in the economy.

He emphasised that the mining industry is critical to the development of the country and government needs to commit to dialogue other than taking draconian measures that will be costly to both parties.

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12 COMMENTS

  1. Let him revoke and instead of empty threats. We shall then wait for him to ran it efficiently and profitably.

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  2. What dialogue?
    Do you see other governments being treated the way our government gets taken for a ride by these investors?

    Let them leave if that’s what they want to do. The biggest mistake was made by the then MMD privatisation senseless concessions.

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    • AND we can’t keep on feeding that historic error. We need to get back what is ours for our people.

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  3. Lessons from across the southern border.
    The Elders has implored President Emmerson Mnangagwa to manage the country’s economy in a juat and efficient way and ensure engagement with civil society organisations in order to reaolve the ongoing crisis.
    The Elders are an independent group of global leaders working together for peace and human rights who represent an independent voice, not bound by the interests of any nation, government or institution.
    The Elders said they were gravely alarmed by reports of growing unrest and intimidation across the country urging Mnangagwa to listen to the people’s voices.
    “We are gravely alarmed by reports of growing unrest and intimidation across Zimbabwe. President Emmerson Mnangagwa’s government has responsibility to manage the economy in a just and…

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    • Continued
      … President Emmerson Mnangagwa’s government has responsibility to manage the economy in a just and efficient way and must listen to voices of civil society so that the crisis can be resolved peacefully.”

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    • “”…The Elders are an independent group of global leaders working together for peace and human rights who represent an independent voice, not bound by the interests of any nation, government or institution…”
      Are these demons from the ocean??? Your description of these extraterrestrial beings doesn’t add up. Every human being on the planet is affiliated to a nation or institution. Watamba Sana Star Wars mune.

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    • @Zambian Citizen, it seems malice is your second nature. Any way my main concern is what is “brewing” in DRC and Zimbabwe, which every peace loving person shouldn’t ignore. To reduce your ignorance, The Elders is an international non-governmental organisation of public figures noted as elder statesmen, peace activists, and human rights advocates, who were brought together by Nelson Mandela in 2007. They describe themselves as “independent global leaders working together for peace and human rights”.

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    • These groupings always have origins and are funded by bigger groupings that have certain ideologies they believe in. That “independent” label is a myth. Putin together with Iran will sponsor a group and call it “independent” of western capitalist influence and vice versa. If Zimbabwe is to succeed the focus has to shift from political to economic and humanitarian. Elections passed and everyone including your “elders” have to accept that ED won and MDC failed to prove theor lies in court. What will save Zimbabweans is the LIFTING OF SANCTIONS not covert international activities aimed at unseating a democratically elected govt. by groupings with hidden agendas.

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    • Exiled former Minister of Youth Patrick Zhuwawo has warned President Emmerson Mnangagwa that ZANU PF legislators are plotting to impeach him.
      Writing in his Zhuwawo Brief on Monday Zhuwawo said, “You already know that most of the ZANU PF legislatures are itching to impeach you as you correctly observed on Wednesday 30 May 2018. The mass action is spurring them on to save the nation and their constituents from further suffering and to also protect their jobs.”
      Zhuwawo said Mnangagwa has failed to uphold the constitution and those are the grounds that will be used to impeach him.
      “Grounds for your impeachment in terms of Section 97(1) of the Constitution of Zimbabwe for (a) serious misconduct , (b) failure to obey, uphold and defend the constitution ,and (c) willful violation of the…

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    • Continued
      … (c) willful violation of the constitution are being prepared.”
      Zhuwawo further urged Mnangagwa to follow the example of former President Robert Mugabe and accept his fate to save the lives of Zimbabweans.
      “As your impeachment looms, it is in your best interest that you accept it and contain your die hard sycophants from engaging in conduct that will be attributed to you in both local courts and International courts of justice.
      “You must take a leaf from President Mugabe who chose to save lives by accepting your treachery in November 2017.The nation need to move forward with dialogue to institute necessary reforms and restore legitimacy as the basis for resolving the economic crisis.”
      Last year there were reports that Vice President Constantino Dominic Nyikadzino…

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  4. Let the mines downsize and use robots ….most countries have modernized in Zambia you want to use a hundred people with drills when a machine can do it.

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  5. The government may have a point, but does know where the enemy, trade mispricing, transfer pricing and trade missworking documents arei hidden in the mining company. How can you kill an enemy whom you have not located? Firing guns in the mine without aiming at an enemy is a waste of time. Should look at trade mispricing, where the copper is sold. Auditing will not yield the desired results. The mining business can be complex for the government to zero in. If the government has no facts, better to stop wasting time and resources. Patrotic See.

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