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Zambia says mining firms in debt to government, audit

A truck exits the mine after collecting ore at the Chibuluma copper mine in the Zambian copperbelt region. [Photo: Reuters]

LUSAKA - The Zambia Revenue Authority (ZRA) said on Friday an audit shows mining companies owe the government more than the state is due to pay them in tax refunds.

Mining companies have been demanding Zambia pay the $550-$600 million due to them in Value Added Tax (VAT) refunds.

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