ACTOM, Africa’s largest manufacturer, repairer and distributor of electro-mechanical equipment will exhibit at Electra Mining …
Read More »First Quantum plans 2 500 layoffs in Zambia over tax hikes
Canada’s First Quantum Minerals (FQM) said recently that it would lay off 2 500 workers in Zambia over plans by Africa’s No.2 copper producer to hike mining taxes. The southern African country plans to introduce new mining duties, replace value-added tax (VAT) with a sales tax and increase royalties, from …
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