Mines ministry seeks to balance taxation, growth

THE Ministry of Mines is seeking to achieve a delicate balance between maintaining viable taxation for miners and promoting value addition and beneficiation in the sector, with a focus on 2025 and beyond.

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This comes as platinum group metals (PGMs), a significant contributor to the country’s mineral export revenues, face a major crisis due to slumping global prices.
Permanent secretary at the ministry, Pfungwa Kunaka, told The Financial Gazette that a two-pronged approach has been proposed to the Treasury, balancing current performance with future aspir

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