246 views

Miners’ royalties headache

Zimbabwe’s mining industry wants to wholly pay royalties, taxes and other levies in local currency to improve the viability of the sector amid revelations they are struggling to find takers for the.

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90 views

Zim earns US$30m from Arcadia deal

ZIMBABWE is set to reap about US$30 million as capital gains tax from the sale of Arcadia lithium project by Prospect Resources to a Chinese resources outfit, Zhejiang Huayou Cobalt Co (Huayou).

On.

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167 views

Rio Tinto posts bumper year

Diversified giant Rio Tinto has reported record results for the 2021 financial year, with a 116% surge in aftertax profit.

“Our people have continued to safely run our world-class assets and are working.

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177 views

Miners liken forex retention regime to tax

ZIMBABWE’S mining industry is losing 20% of its local currency indexed revenue due to a tough retention regime that compels operators to surrender forex to the central bank, according to the Chamber.

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133 views

New bid to revive Zisco

GOVERNMENT yesterday said it had chosen Kuvimba Mining House, a company in which it has majority shareholding and is linked to President Emmerson Mnangagwa’s ally, to revive the moribund ZiscoSteel.

The government created.

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