Miners raise caution about new royalties

CHAMBER of Mines Zimbabwe (CoMZ) has struck a note of caution after Finance minister Mthuli Ncube announced an increase in royalties for the platinum and lithium sectors, saying some miners may struggle to meet the new thresholds. Presenting the mid-term budget review and supplementary budget last week, Ncube proposed a royalty rate of five percent…

Subscribe to read full article. Subscribe today

Related posts

Capital crunch stifling growth

Matabeleland South inflation highest in Zimbabwe

Interest rates ‘still too high

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More