Govt expects investment boom in mining sector

Mines, Energy and Water Development Minister Christopher Yaluma says the recent move by Cabinet to approve changes to the 2015 mining tax regime will attract further investment to the mining sector.

Mr Yaluma says the reason government decided to revise the mining tax regime is to create a conducive environment for mining companies to operate.Yaluma

He adds that government will also ensure that the Zambian people have a fair share from the mining proceeds by formulating policies that benefit both the investors and the local people.

Mr. Yaluma has since appealed to mining companies to continue engaging government on issues affecting the industry so that they can continue to operate in a conducive environment.

The Mines Minister has also appealed to stakeholders to continue advising government on new ideas that can contribute positively to the mining sector.

Leave a Reply

Your email address will not be published. Required fields are marked *

*