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Namibia proposes mining tax hike

Steel Guru | July 26, 2011 | 9:04 am Africa Europe Diamond 

Nambia’s ministry of finance said that Nambia plans to raise its mining tax by 17% to boost revenue, but the hike will not apply to the diamond sector. As per report the ministry of finance wants the mining tax to be raised to 44% from 37.5%.

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