Economy

Why is HH Defending Mines Instead of Zambians- Antonio Mwanza

FULL STATEMENT

HH says The Mines can’t wait to have him as President because he has promised them thst he will revert to VAT and reduce it from 16% to 10 percent to allow mines make more profit.

One would have thought that as a leader of the biggest opposition political party Mr Hakainde Hichilema would be the first one to demand that the mines must pay a fair share of taxes for the benefit of Zambia and Zambians but alas the man has decided to defend the multi-national companies at the expense of his own country and country men and women.

How can a man who seeks the highest office in the land choose to be on the side of foreign capital instead of standing for his own country?

The mines have since 1890 being reaping of Zambia and the measures that the Patriotic Front Government have put up are meant to ensure that mines pay a fair share of taxes for the benefit of Zambia and Zambians. And we expect every well meaning Zambian to support these Government efforts and not work the foreign capitalists in reaping off their country.

Zambia is losing about K9.6 billion annually in value added tax (VAT) refunds to exporters and manufacturers.

This has prompted Government to abolish VAT to replace it with a non-refundable sales tax to be effected in April 2019.

The new measure will benefit the consumers as well as strike a balance not to stifle production.

Currently, the country’s manufacturing base is too low to sustain the huge chunk of VAT refunds.

The 2019 budget tax reforms are meant to ensure Zambians benefit more from their resources, rather than continue accumulating debt while shareholders of mining houses are getting richer, it is appropriate that the debate should be extended to illicit financial flows which mines are alleged to be among the major culprits.

By all accounts, the mining sector should have been a saviour of the country’s economy. But, the reality is that whether the price of resources increase or decrease, the people do not benefit. Many Zambians, including the president, Edgar Chagwa Lungu, echo this view.

The entire mining sector is structured in such a way that mining companies always take the lion share of profits, leaving behind poor communities and massive environmental damage that mostly affects water and soil quality. Evidence abounds of polluted streams and rivers in the Copperbelt, all polluted by various mining activities.

Today, the prices of copper and cobalt, the minerals in which Zambia has the largest stake, have risen at an unprecedented high rate of USD7,000 and USD$80,000 per tonne respectively. This increase in price of these two minerals is a great opportunity for the economy of Zambia.

The question that needs to asked is why is Mr Hakainde Sammy Hichilema defending mines instead of Zambia and Zambians?

21 Comments

  1. Landlord

    Just arrest him again, the Man is too traditional. If he can’t think of the School he started his grade one from, the two crass roomed School he did nothing, do you think he can do something good for the Zambians? HH=0, He is a business Man wangonbe. Thats being Stupidity!!! Zambia needs to go forward. He is wasting our time. JUST CONTINUE ARRESTING HIM AGAIN AND AGAIN, AKAFWILE NAMUCHIFUNGO.

  2. GMZ

    Wat A Shame,mother Zambia Need True Leaders With A Heart For The People Not These Power Hungry Lions!!They Say History Has A Tendence Of Repeating Itself,maybe He Wants To Go The Privatisation Way..Shame Ba HH.

  3. Mother fucker

    hh is just a mother fucker

  4. Kim

    Hh is just a piece of shit. Umwana wamubuchende, product of adultery no wonder he behaves like a harlot. Zambians are smarter than his satanic snares, we ll teach this bustard a lesson come 2021.Go GBM go Garry nkombo!!!

  5. Wakishale

    Really HH is big shit. When govt reduces tax for the mines, he’s the the first to cry fail. When govt increases taxes, again he’s the first to cry fail. What sort of leader is he? For him every situation is chance to deceive Zambian in bid to campaign for presidency. Bwana you can’t cheat Zambians any more. They already know what you stand for. Western Capitaliststs who have continued to fund you.

  6. BUNKUTWE

    ZAMBIAN’S please Wakeup PLEASE… 16% – 10% Look Zambians, ( Zambia is losing about K9.6 billion annually in value added tax (VAT) refunds to exporters and manufacturers.). We NEED understanding Here, in the year 2018 How many People have been Pruned by the Mines due to What, “MINIMUM WAGES ” Understand Something Here to those Of you who have Maidens in yo homes You get the Sance now. Ka YOU CANT INCREASE SALARIES,WITHOUT YOUR SALARIES INCREASED what it means Here is, TAX, DOLLARS against KWACHA, kwacha is Losing more and more annually against Dollar so what Next TAX HIKES, BELIEVE YOU ME NO AMOUNT OF TAX MINES CANT PAY, BUT THE QUESTION IS HOW??? + THE MINIMUM WAGES, kkkkkkk What a Joke. 16% is Too Much On the Cost of Zambians, Wake Up. Its Better 10% To benefit Many ZAMBIANS with a little each one of use gets at the End of the Month. And many jobs for the Youths, IF WE JUST COMMENT ON EVERY STUPID POSTS WILL BECOME PUBLIC FOOLS. LETS MIND, BANE. KALE BWACHA TUKABUKALWISA IFWE. Thanks BUNKUTWE here

  7. BUNKUTWE

    Y isn’t that the PF GOVERNMENT all is Doing is Increasing On Everything, I have a Question for US, it’s about the 16%, How much % Was it During LUPIYA BANDA’S governance how much Was it? (_______) and how where things dueling this term.

    ZAMBIAN’S Tax Increase is just way too too much, On the Cost Of many Zambians on No Money in there pockets, to be flank. Only in Zambia this kind of taxation is tolareted,

    IN AFRICA ONLY ZAMBIA

    FUEL HIKE, LOOK AT ZIMBABWE here they are saying NO in Full Force And One Voice, NO NO NO.
    What did ZAMBIANS DO???

    ALL BEST DONE BY A ZAMBIAN IS BLAMING PEOPLE WHO ARE TRYING TO DO WHAT IS RIGHT FOR THE WELL BEING OF MANY.

    Shame On You Guys Who Are Just Insulting, blindly. We are still inslaved by TAXATIONS. BUNKUTWE here…

  8. Sata Mwanawasa

    He likes money more than people.

  9. BUNKUTWE

    BENA ZAMBIAN, MWAMPAPUSHA, SIMPLE MATHEMATICS MWAFILWA, 16% – 10%,

    -> Farmers how do you FEEL you farm at the cost of your labour and investment, WE THE GOVERNMENT name the Price of your Commodities???

    Let me put it in this way;

    ° Farmers are saying 16% is there Price, labour + investment.
    ° The Government is Saying 10%, On the Cost Of Zambian Farmers.
    #What are the demerits On Farmer’s
    -farmers won’t be able to farm in the next season.
    -farmers won’t have a surplus in there sales.
    -farmers are labouring in vain
    -TAX
    -Transportation
    -NO MERITS IN SHORT.

    #What are the demerits, On The Governments.
    -NO DEMERITS.

    #What are the MERITS on Farmers, Selling at 10%
    -NO MERITS.

    #What are the MERITS on Govrnment Buying at 10%
    – 100% MERIT.

    WHAT IS THIS???

    In Short Companies, won’t be able to add minimum wages, to all of its employees, so 16% Will be Fired in Order to add to the remaining, 84%, 16% Off those fired will not depopulate Production of any Company, ON THE CONTRARY 16% Will be POPULATING the No JOBs POPULATION, The Best the PF Government Can Do, Some Time We All Need To Swallow Our Eagle Some times, its To COPIE some Strategy.from our Opponents For the betterment.

    TV LEVY
    DIGITAL doesn’t Care about the minority
    What has Digital Tv Benefit the Puwa?
    Oh have Zambians benefited?
    Or K3 for TV was not benefiting Zambians BUT K5 Zambians are Benefitting???
    @ K3, Muvi Tv, Prime Tv, Cbc Tv, Tbn Tv, Znbc 1 & 2 Were FREE
    @K5, Znbc 1 & 2 are for free.

    Kkkkkkkkkkkk DIGITAL,

    ZAMBIAN GOVERNMENT HAS LOST VALUE, OF LEADERSHIP, GOVERNMENT MEANS EQUITY, THE GOVERNMENT ISNT RUN BY A MACHINE, BUT PIPO, CHOSEN BY PIPO FOR GOVERNANCE.

    IS IT THAT ALSO THE GOVERNMENT IS NOW GOING DIGITAL??? kkkkkkkk Zambia Zambia I LOVE MY COUNTRY ZAMBIA.

  10. Iwe

    This insult awe lets respect elder pipo these r jst politics plz.

  11. Dj one

    This is my consen as a citizen of this beloved country called mother Zambia am appealing to the government increasing of mining taxes will not solve anything look for the solution of the economy of this country the more you are increasing taxes the more workers are being sucked were are we going, I MISS MMD.

  12. wise leader

    DJ one you need to be taken to hospital together with your bullshit hh

  13. sinter

    Do mine owners vote?.

  14. Bernard musonda

    Get out hh and jophley bwalya bwamba

  15. Kafwanayo

    Get out hh and jophley bwalya bwamba

  16. zed dweller

    HH temunobe iwe Mwanza ,just enjoy the scraps from your master’s table.l like what Sishuwa wrote about Ba Antonio he said and I quote “All that this guy used to stand for has left him through the other end after joining Pf.All of you posting crap about HH on this mining thing don’t have a clue these tax increase will send alot of miners to the streets.Bwana Hakainde is talking about saving jobs. The tax increase will not benefit a commoner taxpayers money is a ruling party’s pocket money .That is why Mwanza is defending it.Any way God works mysteriously,we shall see if the. miners who will lose jobs will vote Of ,mind you they have families ,yonse in ma votes ayo. Ask yourself Ba mourinho if your tactics are right.UNZA,CBU,Zaffico, peasant farmer, street vendor,civil servant bones mwavundula manje mufakepo na shi main I awe sure malume Mu zalila.

  17. Country boy

    He is a money monger, let him be

  18. J. K

    Its a good move, but are the Zambian people going to benefit, considering what has been transpiring in this our nation, the FIC report, the auditor generals report,etc I seriously doubt it.

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