- Government suspends 15% export duty on precious stones and metals to enhance global competitiveness
- Industry players welcome the move, but concerns over fiscal impact remain
Lusaka, Zambia – Zambia has suspended the 15% export duty on precious stones and metals, a decision welcomed by industry stakeholders as a positive step for the sector’s growth. The suspension follows the issuance of Statutory Instrument No. 4 of 2025 by Finance and National Planning Minister Situmbeko Musokotwane, effectively removing the tax.
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