K43.3bn from mining tax!
Published On February 5, 2024 » 450 Views» By Times Reporter » Business, Stories
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By CHATULA KANGALI –
TAX payments from the mining sector rose by 11 per cent to K43.3 billion, according to the latest independently audited report from the Zambia Extractive Industries Transparency Initiative (ZEITI).
The report indicates total revenues received by the Government from the mining sector rose to more than K43.3 billion in 2022, a significant increase on the K39 billion received in 2021.
Top contributing mines being Kansanshi Mining with contributions of K15 billion, First Quantum Minerals (FQM) Trident making contributions of K8.6 billion and Lumwana Mine making contributions of K4 billion.

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