MDCB proposes two-tier royalty system
Friday, May 10, 2024 | 470 Views |
Ramping up: Sandfire’s Motheo Mine is the latest producer on the Kalahari Copperbelt PIC: SANDFIRE.COM.AU
The MDCB is the state minerals investment agency and government’s chief policy advisor for the sector.
At present, mineral royalties payable by mines in the country range from three to 10% annually and are levied on the gross market value of production.
As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...