{"id":8954,"date":"2021-11-01T12:57:33","date_gmt":"2021-11-01T12:57:33","guid":{"rendered":"https:\/\/www.africa-press.net\/zambia\/all-news\/chamber-of-mines-welcomes-2022-national-budget"},"modified":"2021-11-02T13:24:07","modified_gmt":"2021-11-02T13:24:07","slug":"chamber-of-mines-welcomes-2022-national-budget","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zambia\/all-news\/chamber-of-mines-welcomes-2022-national-budget","title":{"rendered":"Chamber of Mines welcomes 2022 national budget"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Zambia. <\/strong><\/span>Zambia Chamber of Mines president, Godwin Beene, says the 2022 national budget measures announced last Friday, should be seen as a step in the right direction towards the full reform of the mining tax regime.<\/p>\n<p>Dr. Beene noted that prioritising the urgently needed removal of the mineral royalty taxes non-deductibility by the Minister of Finance, Situmbeko Musokotwane, is a clear indication to the world that Zambia is once again open for business.<\/p>\n<p>\u201cI am certain that the world\u2019s mining investors will start to look at Zambia afresh after today. And this is what is needed if we are to see minerals germinate and allow the government to reach its ambitious target of increasing copper production to three million tonnes per year,\u201d he said.<\/p>\n<p>Dr. Beene added that the reform of the Zambian tax code will see renewed interest from investors and could lead to new mines reaching production over the next five to ten years. He observed that with the right stabilising policies in place, the development could completely change the country\u2019s development trajectory.<\/p>\n<p>\u201cWe do understand that the Finance Minister\u2019s immediate priority was to stem the outflow of reserves in order to meet the nation\u2019s debt obligations. But this is a refreshingly prudent Budget, and most definitely a step in the right direction,\u201d he said.<\/p>\n<p>He further noted that work is needed on tax reform, along with guarantees of stability, if Zambia is to attract the investments necessary to triple copper production.<\/p>\n<p>\u201cBut with this hugely positive early signal, the mining industry stands ready to work collaboratively with the government in its endeavour,\u201d he stated. This is contained in a statement issued to ZANIS in Lusaka today.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/zambia\">Zambia<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Zambia. Zambia Chamber of Mines president, Godwin Beene, says the 2022 national budget measures announced last Friday, should be seen as a step in the right direction towards the full reform of the mining tax regime. Dr. Beene noted that prioritising the urgently needed removal of the mineral royalty taxes non-deductibility by the [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":8953,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,8,12,16],"tags":[234,235,3943,233,3944],"class_list":["post-8954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","category-twitter","tag-africa-press","tag-africa-press-zambia","tag-godwin-beene","tag-zambia","tag-zambia-chamber-of-mines-president"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Chamber of Mines welcomes 2022 national budget - Zambia<\/title>\n<meta name=\"description\" content=\"Zambia Chamber of Mines president, Godwin Beene, says the 2022 national budget measures announced last Friday, should be ...\" \/>\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\/chamber-of-mines-welcomes-2022-national-budget\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chamber of Mines welcomes 2022 national budget\" \/>\n<meta property=\"og:description\" content=\"Zambia Chamber of Mines president, Godwin Beene, says the 2022 national budget measures announced last Friday, should be ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zambia\/all-news\/chamber-of-mines-welcomes-2022-national-budget\" \/>\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=\"2021-11-01T12:57:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-02T13:24:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2021\/11\/img-61813bcb0877b.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"674\" \/>\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=\"1 minute\" \/>\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\/chamber-of-mines-welcomes-2022-national-budget#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/chamber-of-mines-welcomes-2022-national-budget\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Chamber of Mines welcomes 2022 national budget\",\"datePublished\":\"2021-11-01T12:57:33+00:00\",\"dateModified\":\"2021-11-02T13:24:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/chamber-of-mines-welcomes-2022-national-budget\"},\"wordCount\":299,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/chamber-of-mines-welcomes-2022-national-budget#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2021\/11\/img-61813bcb0877b.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Zambia\",\"Godwin Beene\",\"Zambia\",\"Zambia Chamber of Mines president\"],\"articleSection\":[\"all news\",\"head lines\",\"homepage-english\",\"policy\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zambia\/all-news\/chamber-of-mines-welcomes-2022-national-budget#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/chamber-of-mines-welcomes-2022-national-budget\",\"url\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/chamber-of-mines-welcomes-2022-national-budget\",\"name\":\"Chamber of Mines welcomes 2022 national budget - 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