The Auditor General’s fears on mines and tax
Friday, January 27, 2023 | 160 Views |
Mine PIC: MORERI SEJAKGOMO
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.
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...