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Mining Tax Changes aimed at getting maximum benefits from Zambia’s Mineral Wealth-Davies Mwila

PF Secretary General Davies Mwila says the changes made to the mining tax regime in the 2019 budget is aimed at deriving maximum benefits from the Country’s wealth and boosting related business activities in the industry.

Mr. Mwila who has since urged mining companies to support the proposed tax regime says government wants to stabilize the taxation in the sector apart from getting what is meaningfully due to the Zambians.

He noted that the issues surrounding the Value added Tax-VAT refunds and payment of mine suppliers needed to be addressed with a sustainable and friendlier taxation regime.

Mr. Mwila says government has also broadened the tax base to ensure that a larger chunk of the budget is funded using local resources for sustainable development and improved people’s lives.

The Secretary General who was speaking during the PF Lufwanyama Fundraising braii at Mindolo dam in Kitwe on the Copperbelt said the Party will not hesitate to flush out any individual working against President Edgar Lungu.

He said the party wants officials who are credible and loyal to the President.

Mr. Mwila also urged the party to explain all the developmental projects being implemented by the party in Lufwanyama to win the electorates confidence.

He said government has built dams, roads and developed two farming blocks in Lufwanyama to improve people’s lives.

During the function over 260-thousand Kwacha was raised for party mobilization in Lufwanyama.

And PF Copperbelt Chairman Steven Kainga assured Mr. Mwila that the party is intact in the region.

The function was attended by Livestock Minister Kampamba Mulenga, PF Copperbelt Youth Chairman Nathan Chanda, District commissioners and several civic leaders.

Source: Lusaka Times

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