Africa's second-biggest copper producer, Zambia is
planning to review mining taxes to boost government revenue after
"inadequate" receipts from the sector last year, finance minister
Alexander Chikwanda has said.
Chikwanda told parliament late on Tuesday that mining taxes contributed 18.8 percent to government revenue in 2013,
"The contribution of the mining sector is admittedly inadequate. It is only fit and proper that the country gets optimal revenue from its
depleting resources. There will be an appropriate and opportune time for parliament to review the existing legislation," he said.
Chikwanda told parliament late on Tuesday that mining taxes contributed 18.8 percent to government revenue in 2013,
"The contribution of the mining sector is admittedly inadequate. It is only fit and proper that the country gets optimal revenue from its
depleting resources. There will be an appropriate and opportune time for parliament to review the existing legislation," he said.
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