Another presentation from the Zambia's first ever Emeralds International Conference held last month. This presentation is from the Zambia Revenue Authority. It has a useful chart on the main sources of tax revenue in this sector. Predictably, Kagem appears to pay 80% of the tax revenue. One gets the sense that the biggest challenge for Government is to deal with illegal traders not showing in the numbers. Unfortunately, there appears little activity on that front.
Copyright © Zambian Economist 2013