mmegi

The Auditor General’s fears on mines and tax

Mine PIC: MORERI SEJAKGOMO
Mine PIC: MORERI SEJAKGOMO

In November 2021, the Auditor General released a ground-breaking report, suggesting that the country has been short-changed over the years by the mining sector in terms of tax and other revenues. Mmegi re-runs the story in light of the latest allegations around De Beers

The Department of Mines has not been sufficiently verifying whether the royalties and other dues paid by mining companies match their production and sales, meaning government has potentially been receiving less than it should from the economically critical sector, the Auditor-General has found.

A special audit into the Department of Mines’ efficiency in collecting revenues from the mining sector, found loopholes through which companies could be side-stepping their obligations to government.

Editor's Comment
Commitment by DPP to fight corruption welcome

Whilst many citizens put trust in their leaders that they are tackling one of the worst curses that can befall a country, the public has lost trust after all the cases seemed not to go anywhere.As the saying goes, ‘corruption is a cancer that eats away at the fabric of society’; corruption affects effective governance.Corruption affects delivery of services to the public and also crumbles most systems meant to assist citizens who are very...

Have a Story? Send Us a tip
arrow up