OPERATIONAL EXCELLENCE
76 to his role as President , what are Mateyo ’ s hopes for his tenure at the Chamber ? “ We are keen to engage with government and hopefully negotiate a far more acceptable mining tax regime . Currently Zambia is one of the most expensive mining investment destinations from a fiscal regulatory point of view . Our immediate hope is to resolve this impasse …”
He believes it ’ s vital to improve the perception of mining in Zambia as he notes the current negative impression has informed some of the more adverse regulatory changes . “ I am quite optimistic that once we get more stability people will buy-in to the benefit of mining to our population ,” he adds , suggesting this would help create the environment for increased investment , alongside the National Development Fund , not only in copper but gemstones and other minerals such as manganese .
Mateyo hopes that a compromise can be reached that delivers a mining fiscal regime as attractive to investors as other countries . Stability is key , as he notes that even though exploration
APRIL 2019