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The Federation of Small-Scale Mining Associations of Zambia (FSSMAZ) has called on the government to abolish the 15 percent export duty on precious stones and metals entirely, rather than merely suspending it.
The government suspended the duty last Tuesday after its reintroduction on January 1, 2025 sparked controversy among industry players.
FSSMAZ President, Joseph Mwansa, welcomed the suspension but insisted that a complete removal of the tax would create a stable and predictable business environment, encouraging investment and growth.
Read more: Association defends support for suspension of 15% export duty on precious stones
“Abolishing the export duty will enhance competitiveness, attract investors, and support economic development,” Mwansa said in a telephone interview with Zambia Monitor.
He also urged the government to streamline export processes to reduce delays and improve Zambia’s standing in the global market.
While acknowledging that suspending the duty would help stabilize the mining sector, Mwansa stated the importance of continued stakeholder engagement in shaping policies that benefit the industry.
“The mining sector, alongside agriculture, is a key driver of Zambia’s economy. This decision demonstrates the government’s willingness to listen to stakeholders and create a favorable business environment,” he added.
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