Mineral royalties shocker!
Published On August 26, 2022 » 1464 Views» By Times Reporter » HOME SLIDE SHOW, SHOWCASE
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. Solochi

By EMILY KUWEMA-
ZAMBIA Revenue Authority (ZRA) Commissioner General Dingani Banda says a verification exercise has revealed that 910 companies dealing in export of minerals did not declare mineral royalties between 2015 and June 2022.
He says this is according to an internal verification audit that was carried after it was discovered last year that a lot of companies were registered but only a few paid mineral royalties.
Mr Banda said this in Chongwe yesterday when he and Zambia National Service (ZNS) Commander Maliti Solochi inspected an intercepted truck that contained a mineral called rough amethyst which was undervalued.

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