BREAKING: Mines Ministry reverts to old mining fees
Mines and Mining Development Ministry has repealed the recent Mining fees increase that saw an upwards of 800% hike in some instances. The fees have been reverted to the old ZWL rates.
The hike had created an uproar in the Small-scale mining sector with the Henrietta Rushwaya lead Zimbabwe Miners Federation (ZMF) announcing it was engaging Minister Chitando to have the hike reviewed.
Pressure from Rushwaya seems to have the government rethinking the hike as experts had cautioned it would create pandemonium in the mining sector.
See rates below:-
S.I. 46 of 2020 Mining (General) (Amendment) Regulations, 2021 (No. 25) (1)
More to follow…