Zambia's Foreign Miners Cry Foul

Rivonia — Zambia's intention to charge a 10% royalty on all mining activities in the country has foreign miners up in arms.

On the face of it, Zambia appears to be committed to developing its economy through tourism, agriculture and mining. However, the Levy Mwanawasa administration appears to be suffering from policy indecision, following recent pronouncements that all foreign firms undertaking mining activities in the country will from the end of the year be expected to remit 10% of their total profits to the government.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.