ATTRACT MORE INVESTMENT INTO MINING-ZIPAR

BY AGNESS NJOVU

The Zambia Institute for Policy Analysis and Research -ZIPAR- has urged government to enhance measures aimed at attracting more exploration and investments in the mining sector.

ZIPAR Executive Director HERRICK MPUKU says this should be done while enhancing revenue collection by government.

Dr. MPUKU has further called on government to expedite the process to resolve challenges at Mopani and Konkola Copper Mines -KCM- as a way of unlocking the sector and contribute to increased copper production.

Speaking during a presser analyzing the country’s 2022 economic performance and outlook for next year, Dr. MPUKU observed that the first half of this year saw the mining sector recording a negative growth of 6.9 percent, compared to the 4.9 percent negative
growth recorded in 2021.

He however stated that the sector recorded significant investments on the back of concessions in the 2022 budget specifically reinstatement of the deductibility of mineral royalty.

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