Categories: Business Editor's Picks

Govt urged to be aggressive with mine investors

Financial Analyst Blessings Kafwanka says the government should be aggressive when dealing with investors in the mining sector.

Mr. Kafwanka notes that the government is somewhat assertive when dealing with concerns raised by individuals and Civil Society Organization but is lenient with investors in the mine sector.

He cites recommendations made by various stakeholders with regards the adjustment of the Pay As You Earn (PAYE), due to the cost of living which the government has maintained in the 2019 national budget.

Mr. Kafwanka says it is worrying that since the mines have objected the new tax regime, the government has opened a door to dialogue but forgetting pertinent issues raised by the individuals.

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