MINING & RETAIL

RioZim bemoans 'punitive' royalties

ROYALTIES on Zimbabwean-mined diamonds have remained punitive, scaring away investors and disadvantaging local players, diversified resources firm RioZim has said.The firm's chief executive officer Bh...

By Staff reporter | Published: 05 July 2018
Facebook Tweet Google+

BUSINESS NEWS

Actors, ZBC clash over royalties

LOCAL drama Sibahle Nje actors have accused Zimbabwe Broadcasting Corporation of reneging on its obligation to pay them royalties for the drama series produced by Praise Matinhure and aired on the nat...

By Staff reporter | Published: 03 July 2018
Facebook Tweet Google+

MINING & RETAIL

Zimbabwe mulls increasing mining royalties

GOVERNMENT says it will engage mining companies with a view to gain their buy-in on its intention to increase the threshold of mining royalties for most minerals to between 10 and 15 percent.The move...

By Staff reporter | Published: 28 August 2017
Facebook Tweet Google+

MINING & RETAIL

Zimbabwe mining royalties go up 22.84%

REVENUE from mining royalties has, in the first half of 2017, gone up by 22.84 percent to $34.27 million against a target of $27.9 million, buoyed by rising gold and platinum output.During the period ...

By Staff reporter | Published: 17 July 2017
Facebook Tweet Google+

MINING & RETAIL

Zim 2013 mining royalties fall below target

Zimbabwe last year achieved only 54,6 percent of targeted royalties from the mining sector.According to official figure cited in the African Development Bank (AfDB)'s latest Zimbabwe Monthly Economic ...

By Staff reporter | Published: 09 April 2014
Facebook Tweet Google+

MINING & RETAIL

Zim govt earns $4,3m royalties in Dubai tender

The Government has earned $4,3 million in royalties from the inaugural diamonds sale in Dubai.This was after the country sold 380 000 carats at the tender, which yielded $29,2 million at an average pr...

By Staff reporter | Published: 07 April 2014
Facebook Tweet Google+

MINING & RETAIL

Mining royalties dip 45%

Zimbabwe's mining royalties slumped by 45 percent to $133,7 million against a target of $245 million in the full year to December 2013, casting further doubt on the country's 2014 economic projections...

By Staff reporter | Published: 29 January 2014
Facebook Tweet Google+

MINING & RETAIL

Zim govt to lower mining royalties

THE Government intends to lower royalties from mineral sales mainly for gold miners in a bid to shore up deliveries and resuscitate Fidelity Printers and Refiners. In 2012, Government pegged royaltie...

By Business Reporter | Published: 06 December 2013
Facebook Tweet Google+

MINING & RETAIL

Zimbabwe to review mining taxes, royalties

GOVERNMENT says it will review mining royalties and rates of taxation with a view to reduce the cost from mining charges to ensure optimal exploitation of minerals, Deputy Minister of Mines and Mining...

By Staff reporter | Published: 05 November 2013
Facebook Tweet Google+

MINING & RETAIL

Govt urged to review royalties

FINANCE minister Patrick Chinamasa should consider reviewing the mining sector's taxation regime as the 2014 national budget beckons, experts have said.Chinamasa, who presents the budget later next ...

By Staff reporter | Published: 23 October 2013
Facebook Tweet Google+

MINING & RETAIL

Increase of taxes and royalties could impact New Dawn operation

New Dawn Mining said its operations and development plans in Zimbabwe could be impacted by various factors, including, for example, increased taxes and royalties, mining fees, power and labor costs,...

By Mafu Sithabile | Published: 10 June 2013
Facebook Tweet Google+
Pages:
1
Business Daily Zimbabwe

Latest News

  1. 1 Mnangagwa stuffs cabinet with family, loyalists
  2. 2 Protesters plan Beitbridge Border Post shutdown
  3. 3 Zimdollar future hangs in the balance
  4. 4 Dutch firm blocked from purchasing Astra Industries parent company
  5. 5 David Coltart elected Bulawayo mayor
  6. 6 NRZ targets US$1m from property leases
  7. 7 Zimbabwe's new MPs to declare assets
  8. 8 Ian Makone elected Harare mayor
  9. 9 Varun Beverages in expansion drive
  10. 10 IDBZ resolute in supporting NDS1

Latest Published Reports

Latest jobs