Stay updated with breaking news from Goodwell Mateyo. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
It's done! A few weeks ago, Asante Gold acquired a 90% stake in the Chirano gold mine in Ghana in a deal valued at USD 225 million with Canada's Kinross Gold Corporation. This takeover happened thanks to public funds and should boost the recovery of the national extractive sector recovery,…
By Reuters Staff 2 Min Read A truck travels to a depth of 516 metres below the surface to collect ore at the Chibuluma copper mine in the Zambian copperbelt region, file. REUTERS/Rogan Ward/File Photo LUSAKA (Reuters) - Zambia paid 8.5 billion kwacha ($400 million) in value-added tax refunds to mining companies last year, the head of the tax authority said on Wednesday, equal to about 3.5% of the external debt that the southern African country is struggling to repay. Zambia, Africa’s second-largest copper producer, is negotiating with creditors to try to get debt relief, after it defaulted...
By Reuters Staff 2 Min Read A truck travels to a depth of 516 metres below the surface to collect ore at the Chibuluma copper mine in the Zambian copperbelt region, file. REUTERS/Rogan Ward/File Photo LUSAKA (Reuters) - Zambia paid 8.5 billion kwacha ($400 million) in value-added tax refunds to mining companies last year, the head of the tax authority said on Wednesday, equal to about 3.5% of the external debt that the southern African country is struggling to repay. Zambia, Africa’s second-largest copper producer, is negotiating with creditors to try to get debt relief, after it defaulted...