July 17, 2019 / 8:40 AM / 4 months ago

Zambia's finmin to outline position on new sales tax in coming weeks

JOHANNESBURG, July 17 (Reuters) - Zambia’s newly installed finance minister Bwalya Ng’andu said on Wednesday he would in the next few weeks give a clear position on the replacement of the country’s current value-added tax with a new, non-refundable sales tax.

The tax is a sour point in a row between the government and miners in Africa’s second-largest copper producer. Ng’andu also said a committee would examine the impact of a new tax regime on miners. (Reporting by Chris Mfula; writing by Emma Rumney; editing by Jason Neely)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below