Zimbabwe’s mining royalty taxation

For Murowa Diamonds, located near Zvishavane, this corporate separation marks the end of an era that began when global mining giant Rio Tinto divested its 78% majority stake in 2015.

ZIMBABWE’S mining sector has long been a significant contributor to the country’s economy, with mineral exports accounting for a substantial portion of its Gross Domestic Product (GDP). Mining royalties are a critical component of Zimbabwe’s fiscal landscape, forming a key source of revenue from the country’s vast natural resources.Recent legislative changes by the Minister of…

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