By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily NationDaily NationDaily Nation
  • Home
  • News
    News
    Stay informed with the latest breaking news, in-depth analysis, and exclusive reports from around the world. From politics and global affairs to science, technology, and…
    Show More
    Top News
    BAN CAMPING IN DANGEROUS SPITS – NGWIRA
    January 5, 2022
    HH FRUSTRATED
    July 19, 2021
    Doctors decry falling medical education standards
    April 10, 2024
    Latest News
    Let’s rise and guard our vote, Musenge appeals to Zambians
    August 11, 2026
    ECZ warns against disinformation ahead of Thursday polls
    August 11, 2026
    Free food for voters is bribery – Mukandila
    August 11, 2026
    Stop the barbaric, violent political skirmishes – HRC
    August 7, 2026
  • Business
    Business
    Your go-to source for the latest in business, finance, and the economy. Stay ahead with market trends, corporate insights, and expert analysis on entrepreneurship, investments,…
    Show More
    Top News
    China stock swoon could boost US real estate
    March 6, 2025
    Why homeowners are leaving billions on the table
    March 6, 2025
    Lock in now! Stock sell-off sinks mortgage rates
    March 6, 2025
    Latest News
    Tourism expansion can create thousands of jobs – Jito
    August 10, 2026
    From Recovery to Record Growth
    August 10, 2026
    HH directs Mopani, KCM to prioritise youth contracts
    August 5, 2026
    KCM pledges continuity in cultural preservation investment
    August 4, 2026
  • Court News
    Court NewsShow More
    Shoppers can now pay with their mobile wallet at Zambia’s largest retailer 
    August 3, 2026
    LUSAMBO LOSES BAIL BID AGAIN
    July 26, 2026
    ConCourt petitioned to clarify candidate withdrawals
    July 16, 2026
    Kabesha seeks court clarity on independent candidates
    July 2, 2026
    Court extends Mwamba’s bench warrant
    June 24, 2026
  • Sports
    SportsShow More
    Flying Fish extols FIFA World Cup final experience
    July 28, 2026
    Eam Zambia boxers advance with 3 victories in Glasgow Games
    July 28, 2026
    creation.Copper Queens wind up Algeria camp with friendly
    July 22, 2026
    Bernadette Deka Zulu lands top global position
    July 3, 2026
    Immig FC caps dream debut season with trophy presentation to immigration chief
    July 2, 2026
  • Contact
Search
NEWS
  • News
  • Local News
  • Politics
  • Health
  • Court News
  • Tie Business
  • Biz & Corporate
  • Contact Us
  • Privacy Policy
© 2026 Daily Nation Zambia. All Rights Reserved.
Reading: Mine tax holiday disadvantaging Zambians – PeP
Share
Sign In
0

No products in the cart.

Notification
Font ResizerAa
Daily NationDaily Nation
0
Font ResizerAa
  • Home
  • News
  • Business
  • Court News
  • Sports
  • Contact
Search
  • News
  • Local News
  • Politics
  • Health
  • Court News
  • Tie Business
  • Biz & Corporate
Sign In Sign In
Follow US
© 2026 Daily Nation Zambia. All Rights Reserved. Developed by GOPES.
📖 Read ePaper
Daily Nation > Blog > Local News > Mine tax holiday disadvantaging Zambians – PeP
Local NewsNews

Mine tax holiday disadvantaging Zambians – PeP

Daily Nation
Last updated: March 11, 2022 7:17 pm
Daily Nation
Share
3 Min Read
Sean Tembo
SHARE

By SILUMESI MALUMO

THE reason Zambians are feeling the pinch of the high cost of living is because Government has given the mines a tax holiday, Patriot for Economic Progress president Sean Tembo has said.

Mr Tembo said Zambians are not benefiting from high copper prices because of such wrong decisions.

“The new dawn administration gave mining houses this de facto tax holiday because these mines have been funding the UPND campaigns  since time in memorial, so they are now paying pack.

However, he said, this is being done at the detriment of Zambians citizens.

“With the high copper prices being at a record high, we were supposed to be recording a huge budget surplus right now, our foreign reserves at BOZ were supposed to be growing exponentially, our foreign debts which the current government inherited were supposed to be liquidated at a fast pace, but none of that is happening,” Mr Tembo said.

He said “They are even failing to hire 11,000 medical personnel and 30,000 teachers which they promised.”

He further said contractors have not been paid for months resulting in huge loss of employment.

“Hospitals have no medicine and the cost of living is unbearable. These are problems which are supposed to be there when copper prices are at rock bottom not when they are record high,” he said.

- Advertisement -
Ad imageAd image

Mr Tembo said Zambians of all creed, regions, provinces and tribes need to accept that the man whom they entrusted with the job of running the affairs of this nation does not have nation interest at heart.

Mr Tembo said Mr Hichilema has put his personal interests and the interests of UPND above the interests of the nation.

Mr Tembo said “Instead of collecting the tax that is due to the nation from the mining sector while copper prices are at an all time high, they would rather give them a de facto tax holiday so as to pay back the debt that the party has accumulated over the years while in opposition from the mines.”

Mr Tembo accused the UPND of sabotaging the country in favour of foreign and corporate interests, all at the expense of the common Zambian.

He said instead of bringing hope and help to people as promised during campaigns, all UPND was offering   Zambians are shallow excuses which become more incoherent by the day.

You Might Also Like

INVEST IN EMERALD MINING, ZAMBIANS TOLD

BALLOT PRINTING TRANSPARENT – YALI

Haimbe too junior to lecture Gonzales on diplomacy

ECZ incapable of conducting free, fair elections -Nakacinda

FERTILISER FIASCO

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Copy Link Print
Previous Article ZICTA deactivates 2.1 million sim cards
Next Article RUPIAH BANDA DIES

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
56.4kFollowersFollow
4.4kFollowersFollow
- Advertisement -
Ad imageAd image

Latest News

Immigration nab 10 Ethiopians as 212 Congolese refugees get repatriated
Community Local News Politics Premium
August 11, 2026
Let’s rise and guard our vote, Musenge appeals to Zambians
Local News News Politics Premium
August 11, 2026
AU-COMESA deploys 93 observers for Zambia elections
Local News Politics Premium
August 11, 2026
NGO tells ECZ to ensure polls are free, fair, credible
Local News Politics Premium
August 11, 2026
//

We influence over 2 million readers and are the most preferred news platform in Zambia.

Quick Links

  • Politics
  • Court News
  • Health
  • Millennium TV

Top Categories

  • News
  • Local News
  • Politics
  • Health
  • Court News
  • Tie Business
  • Biz & Corporate

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Daily NationDaily Nation
Follow US
© 2026 Daily Nation Zambia. All Rights Reserved. Developed by GOPES.
  • Contact Us
  • Privacy Policy
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?