CLEAN : South Africa opens 2015 Mining Indaba Conference (2)

What historical example is used to illustrate the mistakes of nationalization in mining economies?

• The nationalization of steel in the US

• The nationalization of mines in the 1970s

• The nationalization of coal in the UK

• The nationalization of oil in the Middle East

What is a significant factor contributing to Zambia's economic challenges despite its mineral wealth?

• High inflation rates

• Political instability

• Lower commodity prices

• Lack of skilled labor

How does the government policy affect investor sentiment in Zambia?

• It encourages more foreign investments

• It has no effect on investor sentiment

• It boosts investor confidence

• It adds further dampening to investor sentiment

What is one potential downside of increasing taxation according to the transcript?

• It could lead to higher inflation

• It might reduce foreign investments

• It could harm employment and global growth

• It may increase government debt

What is the trade-off mentioned in the context of taxation policies?

• Between domestic and international trade

• Between public and private sector growth

• Between low tax regimes and tax and spend policies

• Between short-term and long-term economic benefits