The National Union of Mineworkers (NUM) has warned it will embark on strikes at diamond miners De Beers and Petra Diamonds’ operations in South Africa, and at diversified miner Exxaro Resources’ coal operations. This followed after the parties were unable to reach a wage settlement agreement at the Council for […]
mines
Zambia chamber of mines says double taxation hurting investment
LUSAKA, Sept 28 (Reuters) – Zambia should treat mineral royalty payments as a deductible expense in order to avoid double taxation and attract investment, the Zambia Chamber of Mines said on Monday. Since 2019, mineral royalty payments have not been treated as a deductible expense when calculating corporate income tax […]