Govt Scraps Export Tax After Rio Tinto’s Murowa Diamonds Threatens to Close

NOW DAILY

The Zimbabwe government has been forced to scrap a punitive 15 percent tax on unprocessed mineral exports after London Stock Exchange-listed Rio Tinto threatened to close it’s Murowa diamond mine in Zvishavane.
Midlands Senator Lilian Timveos asked deputy mines and mining development, Fred Moyo to explain the new government position in the Senate recently.
SENATOR TIMVEOS:
My question is directed to the Deputy Minister of Mines and Mining Development. Murowa Diamonds has terminated contracts of most of their companies that were contracted there and over 250 people have lost their jobs. What is your Ministry doing about the problems that are now being faced by these miners who have lost their jobs?
THE DEPUTY MINISTER OF MINES AND MINING
DEVELOPMENT (MR. F. MOYO):
Thank you Madam President. Yes, we had a problem regarding Murowa Diamond Mines which faced three challenges recently. The first one was the one that Government was…

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