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Zimbabwe Further Suspends Platinum Export Tax

|Approved Changes|Zimbabwe
Zimbabwe

According to recent reports, the government of Zimbabwe agreed in May 2022 to further suspend the implementation of the 5% export tax on un-beneficiated (un-processed) platinum. The export tax was originally to be implemented in 2015 at a rate of 15% but was subsequently reduced to 5% and suspended multiple times, with the latest suspension to 2022. The primary reason for the introduction of the export tax was to push for greater investment in beneficiation (processing) facilities by mining c…

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