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There is a persistent misconception in Zambia’s political discourse: the idea that President Hakainde Hichilema’s administration has handed out “tax holidays” and incentives that benefit multinational mining companies at the expense of the Zambian people. Critics often point to the 2022 budget, which reintroduced the deductibility of the Mineral Royalty Tax (MRT) against Corporate Income […] The post The $3.46 Billion Reality Check: How FQM’s 2025 Numbers Tell the Real Story of Zambia’s...
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