Zimbabwe to end tax relief for miners

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ZIMBABWE said it won’t grant further tax relief to mining houses from next January in a bid to force them to complete plants to process raw materials.

The country’s platinum industry has already made progress in developing a base metal refinery plant, which is expected to come on line next year, the Ministry of Finance said Monday in a statement posted on X.

Zimplats Holdings has so far spent US$29 million on the US$190 million project. – Bloomberg

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