Lack of Consultation, Major Cause of Disagreement Over Mining Tax Hike

Lack of Consultation, Major Cause of Disagreement Over Mining Tax Hike

Francis Timore-Boi, a tax consultant, has expressed support for mining firms opposing the recent increase in the Growth and Sustainability Levy, citing the government’s failure to consult industry stakeholders. He acknowledged that Ghana is facing significant “fiscal pressure since 2023” and understands why the government is looking for ways to close the financial gap.  However, he argued that the concerns of mining firms, especially regarding t…

Mining sector revenues hit 2.7tri/- in four years

TANZANIA’S mining sector has significantly boosted national income, generating approximately 2.7tri/- in revenue over the past four years. This achievement represents 82 per cent of the sector’s 3.35tri/- target, according to a performance report released recently by the Mining Commission in Dodoma. The Commission’s Executive Secretary, Engineer Ramadhani Lwamo, attributed the performance to strengthened management of mining operations across th…