Patriot Resources is rapidly shifting its Zambian foothold from a single discovery into a broader …
Read More »Zambia in drive to dismantle outstanding refunds, pays 67% of VAT refunds to mining firms
Last year, Zambia paid a value-added tax refund of 8.5 billion kwacha ($400 million) to mining firms, the head of the tax authority said recently. After it defaulted on a $42.5 million coupon in November, Zambia, Africa’s second-largest copper producer, is negotiating with creditors to try to get debt relief. …
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