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New mineral tax under review

By Hicks Sikazwe Government is to review the mineral tax, if possible defer the implementation of the controversial 2015 increase. President Lungu ha since directed the ministries of Finance and Mines respectively to ensure changes are effected by April 8 to forestall a possible crisis in the mining sector. Last …

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Mines still required to produce export documentation – ZRA

ZAMBIA Revenue Authority commissioner general Berlin Msiska says mining companies pushing for the accumulated VAT refunds will still have to produce export documentation because “law is law”.  Last month, the government relaxed its rules on the documentation mining exporters need to claim tax refunds. The row over how mining companies …

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Aurecon clinches US 200m Zesco power upgrade contract.

Zambia Electricity Supply Corporation (ZESCO) has awarded Aurecon a $200m contract to provide engineering, design and construction supervision services.The World Bank funded project will improve Transmission and Distribution Rehabilitation in Lusaka.The Zambia capital is regarded as the second fastest growing city in Africa. Its Electricity demand has grown at 6% …

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Practical workshops for mining community at CBM-TEC

Free, practical workshops for mining community at Copperbelt Mining Trade Expo & Conference in Kitwe in May “We are addressing a great need in the industry” The free, practical workshops at the Copperbelt Mining Trade Expo and Conference or CBM-TEC in Zambia’s mining hub Kitwe were so well attended last year that …

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Study on rail link between Angola and Zambia to costs US$4.9 million

The African Development Fund (ADF) will provide funding of US$4.9 million for a study to upgrade Angola’s transport plan, including the connection of the national rail network to Zambia, according to an Angolan presidential order. The order approves the financing agreement for a study of the update of the Master …

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