Miners push for ‘big five’ issues

13

MINERS have called for the upward review of foreign currency retention threshold from 60 to 80 percent to allow them to meet their increased forex demands as well as operation and expansion costs.
In their proposal to the treasury seen by The Financial Gazette, ahead of the midterm budget statement expected at the end of this month, the miners said the push was motivated by the government’s move to legislate the multi-currency system.