Zambia scores first in ‘G-Factor for Natural Resources’
Published On May 2, 2024 » 356 Views» By Times Reporter » Business, Stories
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. Kabeta

By CHATULA KANGALI –
ZAMBIA has become the first country in Africa to publish ‘G-Factor for Natural Resources’ data for key mining companies, Zambia Extractive Industry Transparency Initiative (ZEITI) has revealed.
ZEITI says the G-Factor for Natural Resources shows the percentage of a mining company’s revenue that is paid to the country in direct, primary taxes.
National Coordinator Ian Mwiinga said in a statement that the G-Factor for Natural Resources also showed where Zambia was a shareholder and the dividends paid.

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