(LUSAKATIMES, ZNBC) Kansanshi Mines pays $30m tax
Kansanshi Mines pays $30m taxPosted on July 25th, 2008
Kansanshi Copper Mine in Solwezi in the North Western Province has paid over $30 million to the Zambian government under the newly introduced windfall tax on mining firms. Finance Deputy Minister, Jonas Shakafuswa said government expects other mining firms to pay their dues. He told ZNBC news that the funds will be channeled towards infrastructure development.
Mr. Shakafuswa said time has come for the local people to benefit from their vast mineral wealth. The windfall tax on mining firms was effected on April 1, this year.
[ZNBC]
Labels: KCM, SHAKAFUSWA, WINDFALL TAX
posted by MrK @ 6:33 PM
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