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Zambia bets on tax break to revive copper exports

Photo by CALITORE @ Unsplash Copper
Photo by CALITORE @ Unsplash

Kennedy Mupeseni

Kennedy is a Zambian based journalist covering business, finance, energy and mining.
  • Move aims to ease smelter bottlenecks and revive copper exports
  • IMF loan programme extension could unlock additional $145m in funding

 

LUSAKA, ZAMBIA – Zambia has suspended its export tax on copper concentrates for three months in a bid to boost local mineral processing and revive foreign exchange inflows.

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