Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
South Africa should seize the current timely opportunity to amend its mining taxation to make the most sense in encouraging foreign investment, stimulating prospecting, getting mining companies to start dealing with marginal mines and at the same time giving enough back to the fiscus and the people, KPMG corporate tax head Muhammad Saloojee pleaded on Tuesday. “That’s the model we’ve got to start working on, bringing all those factors into account,” said Saloojee, who spoke to Creamer Media’s Mining Weekly Online on the sidelines of the 2015 Breakfast Conversation prelude to the upcoming Junior Indaba in Johannesburg on June 3 and 4.
South Africa should seize the current timely opportunity to amend its mining taxation to make the most sense in encouraging foreign investment, stimulating prospecting, getting mining companies to start dealing with marginal mines and at the same time giving enough back to the fiscus and the people, KPMG corporate tax head Muhammad Saloojee pleaded on Tuesday. “That’s the model we’ve got to start working on, bringing all those factors into account,” said Saloojee, who spoke to Creamer Media’s Mining Weekly Online on the sidelines of the 2015 Breakfast Conversation prelude to the upcoming Junior Indaba in Johannesburg on June 3 and 4.
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