More tax regime instability, massive increases, and novel taxes not seen anywhere else in the world, will hurt the mining industry and all those who rely on its success, Zambia Chamber of Mines President Nathan Chishimba said after an emergency meeting of mining companies, the Lusaka Times reported on Thursday. 

“Having met as an industry, we are convinced that attracting investment is the only way to grow our economy, and growing our economy – and the base of taxpayers – is Zambia’s route to a prosperous future,” said Chishimba.