Mining
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Impact of illicit financial flows on socio economic development
By Davison Kaiyo While the “Zimbabwe is open for business” mantra is good in attracting foreign investors the government of Zimbabwe need to step up efforts to curtail illicit financial flows (IFFs) by enforcing anti avoidance provisions especially towards aggressive tax planning structures in line with the current transfer-pricing framework that was introduced into the…
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Stellar results lead to ‘tempting times’ for world’s top miners
By PWC Africa The world’s 40 largest mining companies have delivered an impressive financial performance in 2017, increasing revenue by 23 per cent to USD 600bn JOHANNESBURG, South Africa, June 5, 2018/ — Market capitalisation of the Top 40 up 30% to USD $926 billion (bn) Revenue up 23% to $600bn Earnings before interest, taxes,…