Population: 17.8 million Land Area: 752,618 sq km Main Official Language(s): English Capital: Lusaka Mining Region(s): Copperbelt Province, North-Western Province, Southern Province, Luapula Province, Central Province and Eastern Province Chief of State: Edgar Lungu (since 25 January 2015) Natural Resources: copper, cobalt, zinc, lead, coal, emeralds, gold, silver, uranium, hydropower Human Development Index Ranking (1 – 189): 146 Source: UNDP GDP, PPP (constant 2017 international $): US$ 62,147,314.84 Source: World Bank 2019 GDP per capita, PPP (constant 2017 international $): US$ 3,479 Source: World Bank 2019 GDP Growth Rate: 1.7% Source: World Bank 2019 Exports: Raw Copper ($5.42B), Refined Copper ($3.06B), Cobalt ($249M), Source: OEC 2018 Export partners: Switzerland (42.08%), China (14.45%), DRC (9.54%), Singapore (7.73%), South Africa (4.85%) Source: World Bank 2018

Imports: Copper Ore ($1.04B), Refined Petroleum ($701M), Crude Petroleum ($383M), Delivery Trucks ($243M), and Nitrogenous Fertilizers ($200M), Source: OEC 2018 Import partners: South Africa (28.82%), DRC (14.73%), China (13.64%), UAE (6.3%), India (4.68%) Source: World Bank 2018 Transparency International Corruption Perceptions Index Score: 34/100 Source: Transparency International 2019 TAXATION RATES Corporate income tax rate on mining operations: 30% Corporate income tax rate: 35% Source: PWC

ROYALTIES Copper Price:

4,500 US$/t= 5.5%

4,500-6,000 US$/t= 6.5%

6000-7500 US$/t= 7.5%

7500-9000 US$/t= 8.5%

9000+ US$/t= 10%

Cobalt and Vanadium: 8% Base Metals: 5% Precious Metals: 6% Industrial Minerals: 5% Gemstones: 6% Source: PWC 2020 Import duties on imported machinery: 25% Value Added Tax: 16% Source: Corpus Legal Practitioners Business Environment Ranking (1 – 190) Ease of Doing Business: 85 Starting a Business: 117 Dealing with construction permits: 67 Getting electricity: 129 Registering property: 149 Paying Taxes: 17 Enforcing Contracts: 130 Source: World Bank 2020