First Quantum Chief Executive Officer Phillip Pascal has urged government to consider lowering the taxes to enable mining companies thrive.

Mr. Pascal says by reducing taxes especially in the mining sector, government would also maintain the country’s position as an attractive investment destination.

He reminded government to realise that there are other competing countries.

Speaking in Kitwe recently when Minister of Finance held a stakeholders held a stakeholders discussion on Sales Tax, Mr. Pascal said the high taxes would make the cost of production higher in the mining sector and make the country unattractive for business.


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