OFFERS ON ZCCM-IH SHOW THAT BUSINESS ENVIRONMENT IN ZAMBIA IS ATTRACTIVE-DR. HAABAZOKA
Capetown: Wednesday 6th February 2019
President of the Economics Association of Zambia Dr Lubinda Haabazoka has said Zambia has an attractive business environment.
Speaking on the sidelines of African Mining Indaba being held in Capetown, Dr Haabazoka said the recent offer by First Quantum Minerals and others, to propose to buy a stake in ZCCM-IH demonstrated that Zambia was a favourite Foreign Direct Investment(FDI) destination.
He, however, said Zambia should continue to ensure that it derived maximum benefit from the sector as the new tax regime measures were still not enough.
He also called on Zambian citizens to support the new mine tax measures as announced in the 2019 Budget and that they would not disadvantage the sector.