Mmegi

MDCB proposes two-tier royalty system

Ramping up: Sandfire’s Motheo Mine is the latest producer on the Kalahari Copperbelt PIC: SANDFIRE.COM.AU
Ramping up: Sandfire’s Motheo Mine is the latest producer on the Kalahari Copperbelt PIC: SANDFIRE.COM.AU

The Minerals Development Company Botswana (MDCB) has advised government to adopt a two-tier royalty system for mining, where those companies that process resources within the country would receive favourable rates.

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.


Editor's Comment
Gov't must guard against cadre deployment

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...

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