Guy Scott Tells Mining and Energy Conference: We Are an Intelligent Government

The introduction of Statutory Instrument No.32 is not meant to “kill” the mining sector or is it a form of exchange controls but is aimed at ensuring that the proceeds from the mineral resources benefits the Zambian people said VICE President Guy Scott. Government would ensure that taxes remitted by companies were thoroughly scrutinized so that they could fully benefit the nation said Dr Scott. “Some sectors feel we are going backwards by claiming that we are introducing exchange controls but I want to tell you that we are an intelligent Government that wants to ensure that the resources are properly managed through the implementation of the SI 32,” he said.