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kaunda.jpgZAMBIANS should stop fighting among themselves to pave way for peace and development, former president Kenneth Kaunda has said.

In an interview in Lusaka yesterday, Dr Kaunda said Zambians should emulate Jesus Christ who embraced all human beings regardless of race, religion, or tribe and did much to promote oneness in the world.

He said this at St Paul’s Congregation of the United Church of Zambia (UCZ) after leading several Christians in a march past to commemorate Palm Sunday, which symbolises the triumphal entry of Jesus Christ into Jerusalem.

“The triumphal entry by Jesus into Jerusalem signifies a great demonstration of what we, who call ourselves Christians, ought to embrace and promote.

“Love your neighbours, that is what He (Jesus) died for. Let us stop quarrelling among ourselves in our groups and work together for the good of our mother Zambia,” he said.

Dr Kaunda advised young people especially to remain focused in their quest for a developed Zambia and to always look up to God for help and guidance.

Lusaka Diocese Anglican Bishop, David Njobvu, called on parents to dedicate their lives to positive upbringing of their children to avoid what he termed moral decay among the youth.

Bishop Njobvu also called on the Government to use resources being freed by cooperating partners on employment creation for the youth.

Bishop Njobvu urged all the citizens to be responsible and desist from corrupt activities, which he referred to as acts of selfishness.

And at another celebration, Cathedral of the Child Jesus administrator, Francis Chilufya, said Palm Sunday was a great event that Christians of all denominations should observe.

Father Chilufya said this when worshippers from different church groups, parishes and congregations waving palm branches converged for Palm Sunday prayers at the Supreme Court grounds in Lusaka.

He said Christians should march for Jesus Christ in memory of his triumphal entry into Jerusalem, his subsequent suffering and death at the hands of his tormentors.

(Dr. Kaunda With Zambians In California, 2003 – Picture Courtesy – AZACA)

Anglican Cathedral Bishop Charley Thomas, who read the story of Palm Sunday from Matthew Chapter 21 verses 1 – 11 in the Bible, urged the congregants to raise their palm branches in praise of Jesus Christ.

St Ignatius Parish Priest Joe Keaney conducted a brief prayer service, which was attended by, among others, Chief Justice Ernest Sakala, clergymen and women as well as Cathedral of the Child Jesus Parish members.

Others were from St Columbus Presbyterian Church, Anglican Cathedral of the Holy Cross, and the Trinity Congregation of the UCZ.

In Chipata, Christians from different congregations marched together to celebrate Palm Sunday.

The Christians from the Roman Catholic, UCZ, Methodist Church, and Anglican Church, among others, waved palm leaves as they walked from Chipata DayHigh school, through Kapata market, to St Anne’s Cathedral Parish.

The procession that was characterised by singing and ululations ended at UCZ All Saints Congregation.

At St Annes Cathedral Parish, Chipata Catholic Diocese Vicar General, Wilfred Bwezani, advised Christians to persevere despite hardships and to embrace a spirit of forgiveness for one another.

Source: Times of Zambia

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b6_edited.jpegthandiwe.jpgclassy-daddy-3.jpgone-zambia-one-nation.jpg

In every country there is rich and poor. For those who never experienced poverty in their up bringing, poverty is a tale. We hope politicians that are out to make change in the society should remember the legacy  to bring change. Zambian chronicle is here for change. Some clips below are here to show how important every child is. No matter, which environment or place they are being raised in. Poverty will never stop them, they dance, they play drums with their inborn skills and talent. 

Most of us at Zambian chronicle grew up with no resources, limited education system, walked to school, no lunch packs. That did not stop us, we made it, and grew up with hearts to reach out to other people with our limited resources. our legacy is to help kids( boys and girls) and women, By bringing out the positive side of this world. 

We expect Zambian presidential candidates to focus on  important issues like education, to help the future generation to be better leaders and reach their dreams.

 

Zambian Chronicle’s legacy:- Next Zambian President should bring hope to the future generation. Please all Zambian leaders should address the problems below:

v=8c1ByH_oMz4&feature=related]

Tribal Zambian Party

Zambian kids dancing

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By Belliah K Theise

 b6_edited.jpegThis week ‘s memo is about  the next Zambian president. Who should take the Zambian presidential sit in 2011?

I hate to admit this, the truth is, our leaders are always voted by villagers, marketeers and street boys who have no clue about education and foreign policies. 

 According to our observation, most politicians have a way to get into a mind of a person with little knowledge or no knowledge at all.  This includes developed countries. If you take a close look on politics, you will find that people end up voting for a candidates who keeps preaching what voters want to hear. People will go out to vote just because of a hear say,  without assessing a candidate  in practical terms.

In most cases, political Candidates have a tendency to study what the audience want to hear. Any one can stand and say I will give you jobs, bring rich breakfast, lunch and dinner in your home. Zambian Voters will listen because there are no jobs and are in poverty. As a candidate, you are happy when people vote for you. Are you going to keep your promise once you are voted in office?

 Practically, things always turns out to be different from all the promises that politicians make.

it’s time for candidates who are aspiring, to start preaching on practical issues and not to give fake hopes to people. Talk about real things that affects the economy of every country, and explain, to voters that it is not an easy path to bring stability to the country, it takes hard work and devotion to make things happen.

Disappointments, comes out when a candidate makes fake promises, do something else after being voted into office. We ask all the aspiring candidates to be more practical in the way they make promises to people, to avoid early disappointments.

It is not fair for voters  who have no clue on “Inflation” or economics, who listens innocently and line up to vote for a candidate who later does something contrary to his/her promise.

Zambia has highly experienced ,knowledgeable, and educated people.  Why is it that Zambians ends up voting for wrong leaders?

Could it be that all the educated Zambians, are too frustrated with the system, and has opted to sit back and watch, while the poor Zambian villagers , marketeers and street boys take their stand to vote for what they hear from those who can read their minds and give them fake promises? or could it be that qualified leaders and educated Zambians are  too busy with other duties and other personal stuff, or they are not brave enough to fight for their people or  is it lack of bringing themselves out with a positive approach to their fellow Zambians?

 If you are candidate or a voter. It is time to revisit your weaknesses and try to improve on them.

Our advice is:

Avoid:  Hate, tribal, gossip, and malicious rumors. By all means, should not be used as a tool to pick a right candidate for president. Validate each rumor, use your own discretion and common sense. Avoid operating like robots that are programed to perform certain functions.  Operating like a robot, makes both leaders and their voters look like idiots, when things go sour.

Remember:

Not every rumor or gossip is true. Yes there is no smoke without fire, but you have to remember that humans always enjoy negatives that appear on a candidate without using their good sense of judgement or common sense, they vote basing on those facts. If a negative outweighs a positive side of a candidate, it takes away all the good work he/she has done.

Remember, Media and campaigns are there to help voters to pick the best candidate, but at the same time, uses that as a tool to bring down a candidate, if the opponent has strong links to the media.  Many great leaders are brought down in no seconds, and voters end up voting for useless candidates.

Again… use your common sense and your good judgement, when you read negatives that comes flying on potential candidates.

On that note, we decided to re-visit Inonge Mbikusita Lewanika’s profile, as she seem to be carrying all the package of what makes a great president.

We at Zambian Chronicle, would like to see Dr Inonge Mbikusita Lewanika, contest for president in 2011. We have well rounded Zambian candidates like, HH and Many more, Inonge adds to the package.

For years, Zambians have had a problem when it comes to picking a president. It’s time to check where Zambians go wrong when it comes to voting?

Weakness:

We Vote with emotions, tribal, rumors and hate, Worse more when it comes to gender. 

In the end we get disappointed with our own voting when things go in a different direction. 

May be it is time to turn around, and look seriously inside lives and works of the aspiring candidates, without looking at a tribe, relations, cheap gossips or malicious rumors.

It is even more difficult to convince a Zambian mind, when it comes to women leadership.

When we look at Zambians, we see a lot of potential candidates men and women, that can lead us in 2011, and bring light to Zambia. 

I am not here advocating for Inonge because I am a woman.

Here at Zambian Chronicle, we are looking at the credentials, Education and experience.

Zambia needs a candidate for president, that has both local and foreign policy experience. As an African country we can not rule out education. It should be very cardinal  in this aspect.

 Therefore when it comes to choosing a president, let us open our eyes and pick quality and not quantity.

Inonge Mbikusita Lewanika and Hakainde Hichilema are both quality.

Having said that, Zambian Chronicles will continue to bring out candidates, that we think can make great president for Zambia in the future.

As we pointed out, in our earlier debates, Hakainde Hichilema and Inonge Mbikusita Lewanika, have the real package.

Therefore, without looking at the tribes and gender, we feel Inonge can make a great president for Zambia for 2011. This includes, the appointees of ministers and local government officials.

This forum may help the next Zambian President to pick right candidates for certain roles.

Below is Inonge ‘s profile and credentials:

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Princess Inonge Mbikusita-Lewanika (born 10 July 1943, Senanga) is a senior Zambian politician currently. For more about her check

http://www.inongelewanika.com/family.htm

   1.   Dr. Inonge Mbikusita-Lewanika is currently Ambassador of the Republic of Zambia to the United States of America . Before her appointment to Washington D.C.

 2. She was Ambassador and Special Envoy to the Zambian President during his term as Chairman of the African Union.

3. Dr. Lewanika served as a Member of Parliament in the Zambian Parliament from 1991 to 2001. She was the first Chairperson of the Zambia All Party Women Parliamentarians Caucus and also founding Vice-chairperson of the outhern, Eastern and Horn of Africa African Women Parliamentarian Caucus.

  

4. At a very critical time just before national elections in 2001, Dr. Lewanika chaired the National Crisis Committee of the Alliance of Opposition Political Parties.

5.  She is a former candidate for President of the Republic of Zambia in the December 2001 Elections.

6.  She is an Educator by profession and has worked in various levels of Education.

Prior to her involvement in politics, Dr. Lewanika worked with UNICEF in key leadership roles in Africa overseeing more than twenty countries at a time. Jim Grant, the former head of UNICEF once called her “the most knowledgeable person about the children of Africa .” Dr. Lewanika was among five women from various continents to brief members of the United Nations Security Council on the first and unprecedented debate that resulted in UN Resolution 13 on WOMEN, PEACE and SECURITY in the year 2000. She was among sixteen (16) eminent African Women Members of the Organization of African Unity (now African Union) Committee on Peace and Development, an Advisory Group to the African Union.

She was President of Federation of African Women’s Peace Networks (FERFAP) from 1997 to 2002. As President of the Federation of African Women Peace Networks (FEFAP) she contributed to mobilization of peace activities. In that capacity, she was selected to be among ten prominent African Women Peace Workers that visited Rwanda soon after the genocide. She later led a United Nations delegation to Burundi and Rwanda to assess the effects of the genocide on women and children and recommend intervention strategies. She led the Electoral Institute of Southern Africa (EISA) Observer Mission of 96 Southern African

Academicians, Researchers and Members of Civil Society to the Zimbabwean Presidential, Mayoral and Council Elections in 2002. She was one of the International Youth Foundation’s founding board members.

Dr. Lewanika holds a Ph.D. in Early Childhood and Primary Education from New York University . She is a mother of two grown daughters, a grandmother to four boys and a grand daughter. She has lived in five countries and speaks eight languages.

——————————–

A look at more of  Inonge Mbikusita Lewanika’s work Below: 

After 30 years of promoting girls’ education in the less-developed world, aid workers are now realizing that it is not enough to simply open the school door to girls. Unemployment, clean water and HIV/AIDS are now also on their agenda.
Inonge Mbikusita-LewanikaWASHINGTON (WOMENSENEWS)–Like many aid workers and activists trying to improve the lives of women in developing countries, Inonge Mbikusita-Lewanika has long viewed education as the key to solving many of her countrywomen’s problems.Mbikusita-Lewanika, a former member of Zambia’s parliament and now the country’s ambassador to the United States, says the benefits of educating girls are so numerous– from raising marrying ages and lowering birth rates to stemming health and economic problems–that she would like to install a plaque reading “Send the Girls to School” in every village.But 30 years after the U.S. government and other aid-givers began to promote gender equality in their programs, they, like Mbikusita-Lewanika, have learned that relieving the burdens of poor women is more complex than once thought. Foreign aid officials from the United States, United Kingdom, United Nations and various nongovernmental organizations say that it is not enough to open the school door to girls if their families are besieged by unemployment, unclean water, labor-intensive household chores and, increasingly, debilitating health problems such as HIV/AIDS. Nor is it enough to get a few women elected to the parliament or congress while women in the countryside still suffer age-old discriminations.To succeed, say aid experts, gender-equality programs must be integrally incorporated into the aid process from top to bottom, beginning with constant attention to gender issues at the policy level and ending with a wide distribution of burden-relieving aid in the rural areas where discrimination is often most ingrained.In Africa, for instance, women perform about 75 percent of agricultural work, according to Mark Blackden, the lead economist in the World Bank’s Poverty Reduction and Management of Gender Equity Division. He estimates the continent’s per-capita income would have doubled over the last 30 years if women had been given more aid and education to help with crop production. But aid givers have only recently realized that “one does indeed need to talk about the African farmer and her husband,” Blackden said.Instead, because of cultural misunderstandings, they have often directed agricultural education and technology to men. As a result, Mbikusita-Lewanika said, it is not uncommon to see men sitting on tractors as women and girls continue to cultivate with a hand hoe nearby.Clearing a small plot of land in this manner can involve 18-hour days, leaving women little time to raise their children, gather fire wood, walk long distances to find potable water and, increasingly, care for the sick. With such intensive household labor needs, Mbikusita-Lewanika said girls often have little time for school.”The average woman takes care of everyone else but herself,” Mbikusita-Lewanika said at a recent Capitol Hill briefing for legislative staff.In countries where economies have been destroyed by conflict or AIDS, another factor diminishes the rationale for education: The lack of jobs when a girl graduates. As a result, Mbikusita-Lewanika said that, while education “may be the most important investment, it may not necessarily be the first investment” that donors should undertake. For instance, providing drinking water would save women in many Zambian villages 1 1/2 hours a day, she said.In 1973, the U.S. Congress passed the Percy Amendment requiring that the nation’s foreign aid help integrate women into the mainstream of developing countries’ societies. Since then, the U.S. Agency for International Development–the main administrator of U.S. development aid–and other organizations have progressed from conducting a few gender equality projects a year to considering gender issues as a part of nearly every decision. While women’s issues once were often segregated in a separate office or set of discussions, all programs are now expected to address their impact on women.”The progress can be summed up in one sentence: It is no longer a separate thing,” USAID administrator Andrew S. Natsios told a Washington foreign aid conference earlier this month.

More Work to Be Done

Still, aid officials and activists say there is much more to do. According to the World Bank, more than 20 percent of the world’s population still lives on about $1 per day. The majority are women. And women’s burdens, especially in AIDS-stricken Africa, are growing as they bear bigger social and financial burdens.

One way donors can begin to lift that burden, Mbikusita-Lewanika told legislative staff, is to bypass governments and distribute aid money to local faith-based organizations and other groups that work at the local level and already know the intricate problems the women in their community face. Many central governments have not established effective ways to distribute help in the countryside, she said.

Other officials suggest increasing funding to fight HIV/AIDS in Africa. The $2 billion the Bush administration is prepared to spend in 2004 “is not enough,” said Kathryn Wolford, president of Lutheran World Relief, based in Baltimore.

Wolford also suggests an increased focus on debt relief for poor countries, which would free funds for social programs and infrastructure that could relieve women’s burdens.

Other activists say aid organizations need to collect and process more data showing the positive link between women’s participation and economic development. While many activists suggest that there is already too much talk about women’s problems and not enough action to solve them, economists say that more convincing evidence of the link between women’s progress and economic progress could be found.

At the foreign aid conference, Phil Evans, the senior social development adviser for the United Kingdom’s U.N. mission, said that statistical gender analyses are often riddled with “methodological problems,” in large part because researchers have focused on studying women instead of placing them in a societal context.

Some say the United States should signal its commitment to gender equality by ratifying the Convention on the Elimination of All Forms of Discrimination Against Women, an international treaty that aims to outlaw discrimination against women and requires signatory countries to periodically report on their progress. President Carter signed the treaty in 1980 but the U.S. Senate has not ratified it as 174 nations have done.

Ratifying the treaty would send a powerful signal that the United States will join the world to “use the instruments available to us to hold countries accountable” for improving women’s lives, Geeta Rao Gupta, president of the Washington-based International Center for Research on Women, told legislative staff.

New Solutions in Afghanistan

In Afghanistan, USAID is attempting to deal with these challenges and its methods are not always very subtle. To encourage families to educate their daughters, USAID gives extra rations of vegetable oil to girls who attend school every day for a month, Natsios said. The number of girls attending school has increased overall from 6 percent to 35 percent, Natsios said, and is reaching 50 percent in some towns.

Not all of USAID’s work in Afghanistan is so targeted at women and girls but Natsios said he has found that nearly every project is having an impact on women’s status. For instance, the U.S. program that is building a 300-mile road from Kandahar to Kabul is unexpectedly improving women’s health in southern Afghanistan. Now mothers in childbirth and women in other forms of medical distress can be driven to medical facilities in Kabul in a matter of five to six hours. Before the road was built, the trip could take two days, Natsios said.

In addition, USAID has installed day-care centers in all Afghan government ministry buildings. Natsios said women who work for the ministries–many now widows with young children–said they would not return to their jobs unless their children had a safe place to go.

While many activists and government officials say gender issues are no longer seen as women’s alone, they hope the next 30 years will bring a greater resolution to age-old problems.

“It has taken a very long time to get as far as we are and (we) have a very long road to go,” said Julia Taft, assistant administrator and director of the United Nation’s Bureau for Crisis Prevention and Recovery.

Lori Nitschke is a freelance journalist living in Washington, D.C. She was recently a Knight-Bagehot fellow at Columbia University in New York, where she received master’s degrees in journalism and business administration. Previously, she covered economic issues for Congressional Quarterly.

Copyrights © 2008 Zambian Chronicle. All rights reserved. Zambian Chronicle content may not be stored except for personal, non-commercial use. Republication and redissemination of Zambian Chronicle content is expressly prohibited without the prior written consent of Zambian Chronicle. Zambian Chronicle shall not be liable for any errors, omissions, interruptions or delays in connection with the Zambian Chronicle content or from any damages arising therefrom.

Zambian Chronicle is a wholly owned subsidiary of Microplus Holdings International, Inc.

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By Shapi Shacinda

LUSAKA, Feb 29 (Reuters) – Zambia has asked foreign mining companies for alternative proposals following their criticism of planned tax changes, officials said on Friday.

“As a committee, we believe the government has done its research worldwide on which they are basing their proposal,” Godrey Beene, chairman of a Zambian parliamentary committee dealing with mining issues, told the state media.

“We have therefore given mining companies time to go and prepare a counter proposal which they should submit to us any time this week.”

He did not indicate if the proposed rates by the government would be cut.

The head of the Chamber of Mines of Zambia, Frederick Bantubonse, said foreign miners would pay more than the stated 47 percent in effective mining taxes when the new regime comes into force from April, compared to 31.7 percent now.

The government has proposed a windfall profit tax at a minimum of 25 percent and an increase in mineral royalty to 3.0 percent from 0.6 percent.

It also plans a variable profit tax at 15 percent on taxable income above eight percent and to raise corporate tax to 30 percent from 25 percent.

Bantubonse said the mining firms had studied the proposed tax increases and found they would be higher than 47 percent and detrimental to their operations and future investments.

“(Mining) companies have scrutinized … new mining tax proposals for their own operations and in every case have found that the effective tax rate will be higher than (the) calculated 47 percent,” he said in a statement.

The government had not called mining firms for a meeting to discuss the tax rates, despite numerous promises.

“To date, no such discussions or consultations have taken place. All (mining firms) with development agreements are willing to discuss and renegotiate the terms and conditions of their agreements,” Bantubonse said.

Zambia’s biggest copper producer is Konkola Copper Mines (KCM), a unit of London-listed Vedanta Resources (VED.L: Quote, Profile, Research).

Others are Mopani Copper Mines, a venture of Swiss firm Glencore International AG [GLEN.UL], First Quantum Minerals (FM.TO: Quote, Profile, Research) and Chibuluma Mine, a unit of Metorex (MTXJ.J: Quote, Profile, Research). Australia’s Equinox Minerals (EQN.AX: Quote, Profile, Research) owns Lumwana Mining Plc. (Reporting By Shapi Shacinda; editing by Michael Roddy)

© Reuters 2008 All rights reserved

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By JAMES MUYANWA

levy.jpgPRESIDENT Levy Mwanawasa has told Zambians to prepare themselves to participate in global economy as Government increases citizens’ access to investments through the programmes of the Citizens’ Economic Empowerment Commission that kick off this year.

Addressing the nation on ZNBC radio and television on the even of the New Year, President Mwanawasa said that Government would increase the Zambians’ access to investment through the CEEC, which would enable all citizens, including women and the youth to have an opportunity to fully exploit their entrepreneurial abilities.

Dr Mwanawasa said the creation of multi-facility economic zone in Copperbelt and Lusaka provinces was another way of empowering the local people and uplift their standards of living through job creations.

He said Government on its part would continue implementing prudent macro-economic policies to safeguard gains made so far while ensuring the economic activities benefited the people. The focus for this year would, therefore, to grow the economy by at least seven per cent, he said.

Dr Mwanawasa said Government was keen to ensure that Zambians fully participated in the economic affairs at all levels including the international one, and urged the Zambian private sector to actively participate in the procurement and exploration of petroleum.

Dr Mwanawasa said Government had worked hard to overcome the challenges, which had been causing the intermittent disruptions in the supply of petroleum. Government had now introduced a long-term supply system, he said.

“As regards petroleum exploration, I am pleased to note that in the past year, Government has engaged stakeholders in order to finalise proposed amendments to the Petroleum Exploration Act of 1985,” he said.

Dr Mwanawasa said as soon as amendments to the Act were effected the nation would witness exploration activities in some provinces particularly North-Western Province where selected blocks had already been demarcated.

On mining, he said, the sector had made tremendous achievements and attracted huge investments but the onus was now on the Government to ensure that full benefits were derived from the ventures.

He said it was for that reason that this Government had engaged mining companies to re-negotiate the mining development agreements, which he said, would be concluded soon.

“Fair-minded and objective people will agree that so far, our economic, political and social programmes are on the right track. This is evidenced by the positive economic developments. “At the macro-economic level, the economy has continued to perform very well,” he said.

Source: Times Of Zambia

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LUSAKA (AFP) — Zambia’s international reserves hit over a billion dollars this year, the highest figure in the country’s history, the central bank governor announced on Saturday.
Caleb Fundanga said Zambia had recorded 1.1 billion dollars in foreign reserves up from 706 million dollars that the country accumulated in 2006.

“Zambia has continued to record favourable external sector performance resulting in an accumulation of gross international reserves of 1.1 billion in December 2007,” Fundanga said in a statement.

“This is the highest the country has ever accumulated,” he added.

He said Zambia’s economy is expected to grow by 6.2 percent in 2008, while the country’s inflation will remain at the single-digit level.

“The overriding objective of monetary policy in 2008 is to consolidate the gains made in establishing price stability by achieving a third consecutive year of single-digit inflation,” Fundanga said.

Zambia’s inflation rate stands at 8.9 percent.

He said the country will face major challenges next year due to the projected rise in prices of petroleum products at the international market and the higher electricity tariffs in the southern African region.

Copyright © 2007 AFP

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Published:Dec 07, 2007



Zambia’s government has begun renegotiating fixed tax agreements held by international mining firms with a view to effecting the new tax measures early next year.

Zambia’s finance minister announced plans to increase taxes paid by copper mining firms so that the Zambians can also reap the benefit of high copper prices and the commodity boom.

Revenues from copper, which is currently trading at about US$3.00/lb on the international market, make up more than half of Zambia’s gross domestic product.

Most big mining firms in Zambia signed legally binding development agreements with the government, allowing them to operate at a fixed tax rate for a period between 15 to 25 years.

According to The Times of Zambia, these agreements for lower taxes were signed with investors at a time when the prices of copper on the foreign market were very low.

The concessions were granted to the mining investors in 2000, but their tax contribution no longer corresponds with their revenues following soaring metal prices on the international market.

Announcing plans to increase the royalties paid by copper mining firms, Zambia’s finance and national planning minister Ng’andu Magande said it had become apparent that there was a need for further reform in the country’s fiscal and regulatory regime if the people of Zambia were to benefit equitably from their natural resources.

Magande said copper mining firms in Zambia were expected to earn US$3.5 billion in revenue this year, but would only pay a tax contribution of US$198 million to government, “which is low”.

“It is therefore important that mining companies should contribute more to the government,” Magande said.

He said a lot of work had already been done towards developing an optimal fiscal and regulatory regime for the mining sector, and he expected to be able to provide a comprehensive statement on the new mining tax regime in the country’s 2008 budget address.

However, he warned the planned optimal fiscal and regulatory regime when implemented might render the current and future development agreements irrelevant.

Zambia’s mineral royalty is pegged at 0.6%, which is said to be one of the lowest in the world, but government intends to increase it to around three percent.

Source: The Times – RSA

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