Tax changes to boost mine rehabilitation

The changes, which come into effect tomorrow, will encourage more funds towards mine closure plans and rehabilitation, potentially preserving the environment and livelihoods of nearby communities.

The move will benefit companies such as Mupane Gold Mine and Tati Nickel, which already have millions of pula invested in mine rehabilitation funds ahead of the year as their closures loom. Yesterday, Minerals, Energy and Water Resources Permanent Secretary Boikobo Paya explained the latest tax amendments to scores of mining investors attending the annual Resource Sector conference.