FAILURE to extract a change of heart from the Zambian government this week over a controversial export duty on emeralds could ...
Combined with an existing 6% mineral royalty tax, the 15% export duty on emeralds represents a significant tax burden for ...
Coloured gemstone producer Gemfields , has asked the Zambian government to remove a recently re-introduced 15% export tax on emeralds to avoid hurting the sector.
Now, Gemfields is faced with a 15% export levy on emerald exports from Zambia. The tax came into effect at the beginning of this year and adds to other taxes such as royalties that the company had ...
Two people have been killed by security forces protecting infrastructure related to Gemfield's Montepuez (MRM) ruby mine in Mozambique amid a flare-up in civil ...
It explained that the 15% export tax on precious gemstones directly impacted the Zambian emeralds mined by Kagem Mining ...
(IDEX Online) - Gemfields is reeling from the shock imposition of a 15 per cent export duty on the emeralds it mines in ...
Gemfields said it has resumed mining at its Montepuez ruby mine in Mozambique after temporarily suspending operations in the wake of attacks by groups it said are associated with the illegal ruby ...
JOHANNESBURG, Dec 24 (Reuters) - Gemfields Group (GEMGE.L), opens new tab said on Tuesday disruptions were possible at its largest ruby mine in Mozambique, after people torched buildings in ...
London-listed Gemfields, whose ambassador is actress Mila Kunis, has been blindsided by the imposition of a double-digit tax on the export of gemstones from Zambia.
Gemfields owns 75% of Kagem, with the government of Zambia holding the balance. The Kagem mine has reported cumulative emerald sales revenue of $1.1 billion between 2009 and 2023, according to ...