Zimbabwe To Hike Royalties For Gold Producers Amid Record Price Surge | Firstpost Africa | N18G

Описание: Zimbabwe is moving to capitalise on record global gold prices by proposing a major gold royalty hike, which could make its gold the most heavily taxed in the region. Under the new budget plan, miners would pay a 10% royalty when gold prices exceed $2,501 per ounce, up from the previous flat 5% rate. Large and small-scale miners warn that the policy will shrink profits, reduce investment, and push more production into informal smuggling networks. 

---

Zimbabwe Gold | Gold Royalty Hike | Global Prices Gold | Gold Mining Sector|Firstpost Africa | Joshua Barnes | Africa | Global South | Geopolitics | Military Coup | Environment | Climate Change | Firstpost | News Live | World News | Latest News | Global News | International News | News | Trending News

#zimbabwe #gold #royaltyhike #miningsector #goldprices #firstpostafrica #africa #joshuabarnes #globalsouth #militarycoup #firstpost #newslive #worldnews #latestnews #globalnews #news #internationalnews #trendingnews

Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel.

Subscribe to Firstpost channel and press the bell icon to get notified when we go live.
   / @firstpost  

Follow Firstpost on Website:
https://www.firstpost.com

Follow Firstpost on Instagram:
  / firstpost  

Follow Firstpost on Facebook:
  / firstpostin  

Follow Firstpost on X:
  / firstpost  

Follow Firstpost on WhatsApp:
https://www.whatsapp.com/channel/0029...