Zambia to Revise Budget as Cabinet Approves Mine Tax Changes
This article is for subscribers only.
Zambia’s cabinet approved changes to its mining tax system that will lead to lower revenue and require spending cuts.
Cabinet will approve the details on April 20 and then the amendments will be presented to lawmakers, Amos Chanda, President Edgar Lungu’s spokesman, said in an e-mailed statement. No details of the changes were provided.