Zimbabwe's new mine licence fees and resource rentals will significantly raise the cost of mining and threaten the sector's viability, with as much as 60 percent of mining revenues going to the government, an industry body said on Monday. |||
Zimbabwe's new mine licence fees and resource rentals will significantly raise the cost of mining and threaten the sector's viability, with as much as 60 percent of mining revenues going to the government, an industry body said on Monday.
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More than 50 foreign-owned mining firms risk losing their licences after failing to submit acceptable indigenisation and empowerment plans as directed by government, the Zimbabwe Herald newspaper reported. ||| More than 50 foreign-o... Read Post
Zimbabwe is looking into complaints by the mining industry that steep hikes in its fees and taxes will seriously hurt miners by taking 60 percent of every dollar they earn, an official said. ||| Zimbabwe is looking into complaints b... Read Post
The Zimbabwean government is proposing hefty registration, rental and licence fees for mining activities. ||| The Zimbabwean government is proposing hefty registration, rental and licence fees for mining activities, the state-contro... Read Post