Zimbabwe's Mining Industry Fears New Levy Will Put Some Miners Out Of Business

Published
There are fears in Zimbabwe that plans to introduce a new industry tax to fund a state owned mining exploration entity could force some mines to shut down. The government levy would transform the Minerals Marketing Corporation, into a mineral exploration company. However, at a time when commodity prices are sliding across the board, Farai Mwakutuya reports, that this the extra tax will hurt mining operations which are already struggling to stay afloat.
Category
Zimbabwe
Be the first to comment