Coloured gemstone producer Gemfields , has asked the Zambian government to remove a recently re-introduced 15% export tax on ...
Combined with an existing 6% mineral royalty tax, the 15% export duty on emeralds represents a significant tax burden for ...
Now, Gemfields is faced with a 15% export levy on emerald exports from Zambia. The tax came into effect at the beginning of ...
It explained that the 15% export tax on precious gemstones directly impacted the Zambian emeralds mined by Kagem Mining ...
London-listed Gemfields said on Wednesday that it would lobby the Zambian government to suspend the newly reinstated 15% ...
Gemfields shares were in the red on Wednesday morning, after the company confirmed that the Zambian government had reinstated ...
ZAMBIA has imposed a shock 15% export duty on precious gemstones adding further pressure on Gemfields which operates the ...
London-listed Gemfields, whose ambassador is actress Mila Kunis, has been blindsided by the imposition of a double-digit tax ...
Gemfields said it has resumed mining at its Montepuez ruby mine in Mozambique after temporarily suspending operations in the ...
Gemfields (LON: GEM) (JSE: GML) has temporarily suspended ruby mining operations in Mozambique following violent incidents ...
Two recent cases, in Zambia and Mali, have miners worried. Zambia imposed a 15% export duty on gemstones from the beginning ...
Gemfields, a leading emerald producer, is urging the Zambian government to reconsider a 15% export tax on emeralds. The tax, reinstated in 2023, could harm industry sustainability and deter investment ...