Tax South Africa Latest Information

Tax South Africa Latest Information

ANC mine study seeks new taxes, buries nationalisation
JOHANNESBURG/CAPE TOWN (Reuters) - A study submitted to South Africa's ruling ANC to reform its vital mining sector proposes a 50 percent tax on profits and rejects nationalisation as an "unmitigated disaster" for Africa's largest economy. Although it delivers a hammer blow to calls for nationalisation by radical elements in the African National Congress (ANC), mining houses will be wary of the ...

South African Minister Announces No Mining Tax Surprises
In an effort to quell fears of tax regime change, South Africa’s National Planning Minister, Trevor Manuel, insists no surprises to come.SOURCE: VantageWire.com - According to South Africa’s National Planning ...

South Africa rules out nationalising key mining industry
South Africa on Tuesday ruled out nationalising its key mining industry in a reassurance to jittery investors and a blow to those in the ruling ANC calling for a state takeover.

S.Africa will not spring new tax on mines: minister
CAPE TOWN (Reuters) - South Africa will not surprise mining companies with sudden new taxes, although it may adjust existing tax codes, a leading government minister said on Monday. "If there is to be change, I'm pretty sure that the finance minister and department of mineral resources will take a long-term view and not impose this one fine morning," Trevor Manuel, the National Planning minister ...

South Africa won't nationalise mines: official
South Africa's government sought to reassure investors as a major mining conference kicked off Monday that it has no plans to nationalise its mines despite the radical rhetoric of some in the ruling ANC.

Minister: No tax surprises for South Africa's platinum miners 7th February 2012
South Africa's platinum group metal miners will not be surprised with any sudden new taxes, a government minister said Monday (February 6th).

Trouble Looms for South Africa Mining
ANC Study said to propose South Africa mine Resource-Rent Tax A study into mine nationalization ordered by South Africa's ruling African National Congress proposes a 50%

ANC Study Said to Propose S. Africa Mine Resource-Rent Tax
A study into mine nationalization ordered by South Africa’s ruling African National Congress proposes a 50 percent resource-rent tax rather than taking over operations, a party official who has seen the document said.

ANC mine study seeks new taxes
A study submitted to South Africa's ruling ANC to reform its vital mining sector proposes a 50 percent tax on profits and rejects nationalisation as an “unmitigated disaster” for Africa's largest economy.

Gibraltar, South Africa Sign TIEA
Gibraltar's Minister for Financial Services, Gilbert Licudi has welcomed the signing of the territory's 20th tax information exchange agreement, with South Africa.

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