Government has maintained that it will go ahead and implement the new mining taxes despite threats of legal action by the mining firms.
Chief Government Spokesperson Michael Mulongoti says government would proceed and ensure that Zambians benefited from their God given natural resources.
Mr. Mulongoti said this in Lusaka today when he officiated at a breakfast meeting organised by the Professional Management Review (PMR).
He noted that government has decided to re-visit the mining agreements and introduce a new fiscal and regulatory regime to bring about equitable distribution of wealth in the country.
Meanwhile, Mr Mulongoti has challenged the private sector in the country to partner with government to ensure there is continued growth in the national economy.
Mr. Mulongoti further disclosed that Zambia has recorded unprecedented increase in the number of applications for investment licenses, work permits and enquiries on the investment opportunities in the mining, energy, agriculture and banking and financial services sectors.
He said this is due to the sound economic management programmes put in place by government adding that government would remain committed to supporting investors who will add impetus to ensure that the country meets the Millennium Development Goals (MDGs) and make the vision 2030 a reality.
Earlier, Commerce, Trade and Industry Minister Felix Mutati has challenged Zambian entrepreneurs to be innovative and start manufacturing products that would penetrate on the international markets.
Mr. Mutati said the Zambian entrepreneurs must aim at breaking the barriers to doing business and ensure that they make a challenge in the Zambian business sector.
He further disclosed that government is this year targeting a growth of US$3 billion in the business sector due to the good enabling environment and increased investment levels in the sector.
And Professional Management Review (PMR) Chief Executive Officer Johan Hattingh said his company will remain committed to promoting Zambian companies by showcasing their products on the international markets.