2020 will be a productive year for the mining sector – Association of Mine Suppliers
Written by newsroom on November 1, 2019
By Clinton Masumba in Kitwe
The Association of Mine Suppliers and Mine Contractors has described as unfriendly the year 2019 for the Mining Sector due to inconsistency in policy pronouncements and implementation.
And the Association has projected a productive 2020 following government’s decision to maintain Value Added Tax (VAT)as well as refurbishment of smelter plants at Konkola and Mopani.
Speaking at a media briefing in Kitwe, Association President Augustine Mubanga has charged that 2019 has been characterised by lack of trust between government and the mining investors.
He says the move resulted in a number of projects being suspended by the mines.
Mr Mubanga has stated that with the positive outlook of 2020, there is need for government to open up dialogue with stakeholders in the sector to address issues that might hinder the growth of the sector.