Tag Archives: Zambia Revenue Authority (ZRA)

Munali Nickel Mine ‘buy off’ staggers over US$12 million debt

Plans for a 100 percent takeover of the Zambia’s sole nickel mine, a unit of Albidon Zambia Limited may probably take longer than was envisaged because of a protracted US$12 million debt the company owes. According to the Government, the impending sale of Munali nickel mine to a British Company, …

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Zambia’s Mineral Tax Regime

By: Kayombo Musumali. (Mining Engineer) 17th of February 2014, Zambia’s Extractive Industries Transparency Initiative (EITI) report was officially published indicating that Zambia’s mining revenue in 2011 rose 81% to US $1,360 million (ZMW 7.5 billion) compared to the 2010 figures ($750 million) representing an over 30% contribution to government revenue. …

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