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An Economist has advised government
on the need for a cautious revision of the mines tax regime in order to maximise
national revenue benefits.
Oliver Saasa says there is
need to strengthen the entire tax regime and not just address the proposed re-introduction
of windfall tax.
Professor Saasa has told
ZANIS in Lusaka that the taxes in the mining sector must be amalgamated in
order to realise maximum benefits from Zambia’s mineral wealth.
He has further advised the
PF government to take time in revising the mines taxes in order to avoid
introducing retrogressive policies and taxes.
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