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Tuesday, 16 October 2007

Taxation and its discontents...

We are fortunate this month on two counts. First, ZIPPA have published their 4th Quarter Journal focusing on the important issue of taxation. This is a critical area for Zambia's development path. Secondly, Fred Bantubonse has a piece in the same journal that expands on his previously stated position that Zambia should not increase the mining taxes. The chart above is from Bantubonse's article showing Zambia's actual and projected earnings on the existing mining tax regime. There's a lot to agree and disagree with in his article, but I won't spoil your read any further.

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