{"id":28586,"date":"2022-08-09T21:08:16","date_gmt":"2022-08-09T21:08:16","guid":{"rendered":"https:\/\/www.africa-press.net\/zambia\/all-news\/fred-mmembe-criticised-for-saying-that-zambians-should-not-celebrate-the-imminent-imf-deal"},"modified":"2022-08-09T21:24:16","modified_gmt":"2022-08-09T21:24:16","slug":"fred-mmembe-criticised-for-saying-that-zambians-should-not-celebrate-the-imminent-imf-deal","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zambia\/all-news\/fred-mmembe-criticised-for-saying-that-zambians-should-not-celebrate-the-imminent-imf-deal","title":{"rendered":"Fred M\u2019membe criticised for saying that Zambians should not celebrate the imminent IMF deal"},"content":{"rendered":"

Africa-Press – Zambia. <\/strong><\/span>Copperbelt-based good governance activist Peter Mulenga has castigated Sociality Party leader Dr. Fred M\u2019membe for saying that Zambians should not celebrate the imminent IMF deal because the country is losing millions in uncollected mine taxes. Dr. M\u2019membe this week said going for an IMF deal while giving tax breaks to investors was not adding up.<\/p>\n

Dr. M\u2019membe\u2019s comment came as IMF Managing Director Kristalina Georgieva said. \u201cThe support from the Official Creditor Committee for Zambia\u2019s envisaged IMF-supported program, together with its commitment to negotiate debt restructuring terms, provides the IMF with official financing assurances.\u201d<\/p>\n

Reacting to Dr. M\u2019membe\u2019s negative comment against the IMF deal, Mr. Mulenga said the mining taxation system in Zambia was not bad as portrayed by the Socialist Party leader. Mr. Mulenga also questioned how Dr. M\u2019membe arrived at $3bn he thinks Zambia losses.<\/p>\n

\u201cThis is my reaction to the article by Dr. Fred M\u2019membe, President of the Socialist Party claiming that Zambia can\u2019t celebrate scoring the IMF deal of $1.4bn because the country loses $3bn in mining taxes. Can I just say that mining houses are paying their fair share of taxes in Zambia. Yes there are still loopholes in tax collection but I feel the Government is fixing all loopholes in tax collection. Mining taxation policy is ok in Zambia. Equally important is that these same mining firms are also operating in other countries and they are contributing their share in their respective countries. However, let\u2019s not talk about what other countries are collecting from these same firms. If you look at Alexander Nkosi\u2019s analysis, you will find Dr. M\u2019membe wanting on this issue. I think on the 3bn US Dollars he missed the point or the research was short,\u201d Mr. Mulenga said.<\/p>\n

\u201cIf you begin examining the tax policy in Zambia, you will notice that our taxation is better than other countries. Now let\u2019s look at what Dr M\u2019membe talked about; are we giving away $3bn in mine taxes in Zambia? The question is, how did he arrive at that figure, what research did he conduct and who conducted that research? This is the biggest problem with some politicians in Zambia, who are only serving their selfish interest. Is the Socialist Party focusing on discrediting the Government on IMF loan for political mileage or doing checks and balances? Is this a political game of putting more numbers on your side or hardening Zambians to the extent that they demand for regime change? The general public would have wanted President M\u2019membe to be asking how the Government intends to utilise the IMF loan facility,\u201d Mr. Mulenga said.<\/p>\n

\u201cAlexander Nkosi has asked and I will be asking again. Is there $3bn lost in mine taxes in Zambia? If truly there is, then please we need him to help to recover that amount by reporting to the ZRA to investigate. This will be the prudent thing to do. By doing so, measures will then be put in place for this country to collect the lost income for the betterment of Zambia. The general public would want him to do this I think. From the look of things, the mine ministry together with their counterparts in the Finance ministry have been putting up very good policies to maximize revenue collection in the mines.<\/p>\n

The question which Mr Bob Sichinga has asked is the question the general public expected Dr M\u2019membe to have been asked. \u2018\u2019 What is it for, recurrent expenditure? Is it to reignite, stimulate the economy, and in what areas?\u201d Mr. Mulenga said the IMF loan facility would benefit Zambians if utilised on things like road construction.<\/p>\n

\u201cRenovating the road network could be one good economic stimulus the Government can look at. Roads in Zambia are one of the killing machines. So I feel investing in roads is not a bad idea. Zambians should not be cheated by cheap propaganda. What Zambians need is an improvement in the quality of living. This Government is on course and very soon Zambian will start seeing results of the efforts the government is making. We cannot judge them in a year; remember Rome was never built in a day or two. On the Copperbelt, we can see green lights already; there are positives in the mining sector worth pointing at. Again, I salute the Mines Minister Mr. Paul Kabuswe and the Provincial Minister Elisha Matambo for their efforts in facilitating meaningful development. Zambians will soon see why President Hakainde Hichilema appointed these young ministers in his cabinet,\u201d Mr. Mulenga said.<\/p>\n

For More News And Analysis About Zambia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zambia. Copperbelt-based good governance activist Peter Mulenga has castigated Sociality Party leader Dr. Fred M\u2019membe for saying that Zambians should not celebrate the imminent IMF deal because the country is losing millions in uncollected mine taxes. Dr. M\u2019membe this week said going for an IMF deal while giving tax breaks to investors was […]<\/p>\n","protected":false},"author":84,"featured_media":28585,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,6,8,16],"tags":[234,235,233],"class_list":["post-28586","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-files","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-zambia","tag-zambia"],"yoast_head":"\nFred M\u2019membe criticised for saying that Zambians should not celebrate the imminent IMF deal - Zambia<\/title>\n<meta name=\"description\" content=\"Copperbelt-based good governance activist Peter Mulenga has castigated Sociality Party leader Dr. Fred M\u2019membe for sayin ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zambia\/all-news\/fred-mmembe-criticised-for-saying-that-zambians-should-not-celebrate-the-imminent-imf-deal\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fred M\u2019membe criticised for saying that Zambians should not celebrate the imminent IMF deal\" \/>\n<meta property=\"og:description\" content=\"Copperbelt-based good governance activist Peter Mulenga has castigated Sociality Party leader Dr. Fred M\u2019membe for sayin ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zambia\/all-news\/fred-mmembe-criticised-for-saying-that-zambians-should-not-celebrate-the-imminent-imf-deal\" \/>\n<meta property=\"og:site_name\" content=\"Zambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-09T21:08:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-09T21:24:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2022\/08\/postQueueImg_12-62f2d06de8f9c.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"737\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/fred-mmembe-criticised-for-saying-that-zambians-should-not-celebrate-the-imminent-imf-deal#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/fred-mmembe-criticised-for-saying-that-zambians-should-not-celebrate-the-imminent-imf-deal\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Fred M\u2019membe criticised for saying that Zambians should not celebrate the imminent IMF deal\",\"datePublished\":\"2022-08-09T21:08:16+00:00\",\"dateModified\":\"2022-08-09T21:24:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/fred-mmembe-criticised-for-saying-that-zambians-should-not-celebrate-the-imminent-imf-deal\"},\"wordCount\":794,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/fred-mmembe-criticised-for-saying-that-zambians-should-not-celebrate-the-imminent-imf-deal#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2022\/08\/postQueueImg_12-62f2d06de8f9c.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Zambia\",\"Zambia\"],\"articleSection\":[\"all news\",\"files\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zambia\/all-news\/fred-mmembe-criticised-for-saying-that-zambians-should-not-celebrate-the-imminent-imf-deal#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/fred-mmembe-criticised-for-saying-that-zambians-should-not-celebrate-the-imminent-imf-deal\",\"url\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/fred-mmembe-criticised-for-saying-that-zambians-should-not-celebrate-the-imminent-imf-deal\",\"name\":\"Fred M\u2019membe criticised for saying that Zambians should not celebrate the imminent IMF deal - 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