Govt optimistic after tax revision

Barrick Gold's Lumwana mine
Barrick Gold's Lumwana mine

Vice President Inonge Wina says investment in the mining sector will increase following the revision of the mining tax regime.
Mrs. Wina says government is confident that the move will attract more investment in the mining sector.


She was speaking when China Non-ferrous Metal Mining Group Company Chief Executive Officer, Keli Zhang, and his delegation called on her at Government House on Sunday.
The Vice president praised the Mining Company for its continued investment in Zambia.


Mr. Keli says his company has so far invested close to 3-Billion US dollars in Zambia, and will continue to invest even in other sectors of the economy.


And Commerce Minister Margert Mwanakatwe encouraged Chinese investors to to consider investing in sectors such as Agriculture.
She also said government will ensure that the Multi- Economic Zones are attractive to various sectors of the economy.