Namibia plans to raise mining tax from 37.5% to 44%, diamonds exempt
Namibia plans to raise its mining tax to 44 percent from 37.5 percent but said the hike will not apply to diamond mining companies, the ministry of finance said in a statement on Friday.
The ministry said the country is facing volatility in its key revenue sources and is looking to strengthen revenue collection.
{{ commodity.name }}
{{ post.title }}
{{ post.date }}
Comments