The Lusaka High Court has ordered the seizure of goods, chattels, and other property belonging to Konkola Copper Mines (KCM) valued at K38.9 million. This follows KCM’s failure to pay Copperbelt Energy Corporation (CEC) a debt of $11.84 million (K38.9 million at the time of the order) under the creditors’ scheme of arrangement, which is Read more about COURT ORDERS SEIZURE OF KCM PROPERTIES WORTH K38.9 MILLION OVER UNPAID DEBT[…]

The Centre for Trade Policy and Development (CTPD) has called on Government to withdraw the suspension of the 15% export tax on gemstones and precious metals. Two weeks ago, government suspended export duty on precious stones and metals. CTPD Extractives Research Associate, Stephen Kambani, says the decision to suspend the tax undermines Zambia’s capacity to Read more about CTPD URGES GOVERNMENT TO REINSTATE MINERAL EXPORT TAXES ON GEMSTONES AND PRECIOUS METALS.[…]