Zambia Chamber of Mines calls on government to institute tax reform in the mining sector
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Zambia Chamber of Mines calls on government to institute tax reform in the mining sector

ByBrian Kithinji

Zambia Chamber of Mines has asked the government to reform its taxation policies and treat mineral royalty payments as a deductible expense, in order to eliminate double taxations and spur investment in the sector. Since Parliament passed new tax regulations in 2019, mineral royalty payments have not been treated as a deductible expense when calculating…

Mali gold exports rose by 6.5% in 2019 FY
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Mali gold exports rose by 6.5% in 2019 FY

ByBrian Kithinji

External trade data from Mali’s statistics agency reveals that the country’s gold exports rose 6.5% to 65.6 tonnes in 2019 compared with the previous financial year. The Statistics agency delayed release of the data owing to the coronavirus pandemic that has grinded the Malian economy to a halt and led to refocusing of policy, and…

Uganda’s government to finance road construction in neighboring DR Congo
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Uganda’s government to finance road construction in neighboring DR Congo

ByBrian Kithinji

Uganda will finance projects to construct over 200 kilometers of road in its eastern neighbor –DR Congo, so as to boost trade between the two nations. The Democratic Republic of Congo is one of the poorest countries in the world, despite possessing unmatched size and wealth of natural resources. Decades of corruption, mismanagement, and conflict…