Economy

Habazooka Mocks New Mining Tax Critics

Economics Association of Zambia president Lubinda Habazooka says critics of the new mining tax regime have eaten humble pie after having seen the benefits.

Habazooka says those that opposed the tax regime have regretted their stance and are appreciating the turnaround after mine forms backed down on massive job cuts.

FULL STATEMENT

Bringing sanity to Zambia’s tax regime (Mine taxation and Sales Tax introduction) is the first step towards more measures we shall propose this year aimed at enhancing national economic development.

 

Zambia’s economy is actually bigger than captured in official figures. It is not coincidence that we are amongst the most stable economies in Africa.

Issues to do with unemployment levels, low government revenues and reduced trickle down effect are as a result of leakages in the economy. Leakages created by old laws some of which were hastily enacted in the post command economy era of the early 90s.

We propose that each citizen fully reads and understands the 7th National Development plan and Vision 2030. To our friends that cannot digest the information at individual level, we have a series of activities lined up this year where these will be fully explained.

In order to achieve sustainable economic development, each and every citisen should speak with one voice. Let us all unite for the sake of our country.  Even our critics are now in the forefront of supporting the new mine tax regime because “success knows no orphans”. Those that decided to take an opposite stance are now regretting because the truth has prevailed.

Politics, tribe, race, education should not divide us. We are one team. The Zambian team. Its us vs them in the global economy.

EAZ shall soon propose measures to our stakeholders aimed at ending decades long national economic development bottlenecks and impediments.

 

Dr. Lubinda Haabazoka

on Behalf of the EAZ Board.

22 Comments

  1. Fines @five,five

    Comment ,,,,,Mr Habazoka whether you are a professor or who you call your self you are Dull very dull guy ,most stupid human being on earth
    Ba falls ba habazoka kamutelele ,,,First you need a good government in place which respect the well fare of people ,,not this Lungu led govt .Second you need a strong driven economy to bring development in all corners of Zambia .Third we need strong investment and credible organisation to assist us develop
    You are please d because Mopani is not laying off workers do you know how much those workers earn per month ??Contractors get 900.00—1350.00Mopani direct employees get 1400.00–3800.00 The m6 and m7,8 which accures the most labour force
    The Luanshya Mines employee get 1,250–1600.0 from Chinese ,,Now you are busy praising the EAZas a good body You fuck how much is food basket in c/belt you idiot ??5,000 including rents and food but no Mopani world on sm 6,7,8reach that !! Mudala habazoka you are a fool because you don’t think that’s why batonga you can’t manage this country makadi ako !!Manage your economy tu ngombe twako not Tax Regime aiming to kill Zambian miners ,,,The company will heavily tax the employer and reserve their money you idiot !!No over time ,,seventh day pay ,shift differential ,Sunday double ticket ,and all new employees will be casuals and contractor paid peanuts
    Poor Habazoka !!!you too l go back to UNZA

    • Leon

      Mr fines@five,five if you are a Union leader no need to insult and mine workers are not complaining perhaps they are able to pay rent and feed on what you think is a small salary. Who are you to complain on behalf what if they tell you to shut up.

  2. proud country

    Indeed we’re one let us not separate

  3. proud country

    Insults it can’t tak

  4. Mr. Bemba land is great

    Yes it is true enemies of this republic are known wanted workers to be through into the streets to gain political mileage mine owners have shamed them they are not for the people but for themselves critically hakainde came out to condemn the tax regime sham on you

  5. proud country

    Insults can’t take us any were just leave your comment in helpful manner

  6. One zed manex

    I want to hear what HH will say??? I want to know if he will stack the mines for accepting to pay taxes that will help develop mother Zambia.???

    • Gap

      One zed manex,what is best pay tax or pay workers good salaries

  7. Razor

    Here we go again. The defacto PF spokesperson and job seeker at it again trying to make his voice heard so that he can be employed as soon as his stint at the EAZ is over.

  8. Muntu

    Russian Trained Economist

  9. Mbolo yako

    Mr Habazoka his a danda head man doesn’t know what his talking abt . his a failed leader of economy

  10. Mbolo yako

    Mr Habazoka his a danda head man who doesn’t know what his talking abt . his a failed leader of economy

  11. Fisunge

    Comments please five five and you mboloyako you’re not Zambian citizens why are you people so negative when the government do good instead your e insulting your friends teach yourselves and mouth to respect other people this country needs to develop from these taxes not with big mouthes like yours so the huge profits the mines make are to leave this country developed OK the two of you tell the country if you have the money to change the face of Zambia apart from the taxpayer mines included

  12. Taapa Lele

    idiots people are to be corrected.eaz leader open your eyes.

  13. Mk

    Admin, is it impossible to block people who always insult on this platform? I’ve noticed that some people just insult whenever they want to comment and even comment contrary to the topic under discussion. Plz help us on such people. Thnx

  14. Kings,

    This Is Amimal Farm, Like Mmd Like Pf, Away With Pf Come 2021, Habazooka Search Your Brains.

  15. Mulenga

    Bafikala

  16. Mulenga

    Umutomboko bafikala

  17. Mulenga

    Umutomboko

  18. Rob Chiyabuka

    Let’s be sober as we contribute. Following that threat of job cuts from FQM early this month, the govt said they were willing to negotiate and true to their word Sales Tax rate has not been announced yet. If KCM and Mopani declare there will be no job losses it shld be welcomed by all and sundry because here have been continuous consultation all the time

  19. Rob Chiyabuka

    Let’s be sober as we contribute. Following that threat of job cuts from FQM early this month, the govt said they were willing to negotiate and true to their word Sales Tax rate has not been announced yet. If KCM and Mopani declare there will be no job losses it shld be welcomed by all and sundry because there have been continuous consultation all the time. Stay away from attacking personalities focus on the issues at hand

  20. Kingsley

    OK let’s see

Comments are closed.