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Barrick wanajidai kuendesha sera za kodi na uwekezaji za Tanzania

Discussion in 'Habari na Hoja mchanganyiko' started by Jasusi, Jun 9, 2011.

  1. J

    Jasusi JF-Expert Member

    Jun 9, 2011
    Joined: May 5, 2006
    Messages: 11,450
    Likes Received: 95
    Trophy Points: 145
    African Barrick Gold plc

    Update on 2011/12 Tanzanian Budget

    The Tanzanian Minister for Finance presented the 2011/12 Budget to Parliament
    yesterday in Dodoma. Amongst the range of initiatives and measures put
    forward, there were several of relevance to our business in Tanzania. Chief
    amongst these were:

    - The proposal of a special escrow account to deal with indirect tax
    payments from the mining industry in order to facilitate the timely repayment
    of fuel excise duties. We have been working with the government and the
    Tanzania Revenue Authority to find a solution to this administrative issue and
    the new process should improve our working capital management going forward.

    - Further measures to address the power shortage in Tanzania through
    supporting investment in an additional 160MW of generating capacity, as well
    as a commitment to help secure financing for the state utility TANESCO for the
    longer term development of the national network.

    - Contrary to media reports earlier in the day, no other measures were
    announced addressing the tax status of mining companies in Tanzania. As
    previously communicated, the tax treatment of our existing operations is, and
    will continue to be, that set out in the respective Mineral Development

    Commenting on these developments, ABG CEO Greg Hawkins commented, "Today's
    Budget speech is illustrative of the Tanzanian government's ongoing commitment
    to promoting a balanced investment environment for mining businesses operating
    here in Tanzania. We have put considerable effort into achieving a workable
    framework for dealing with the issue of fuel excise duty recovery and it is
    encouraging to see this articulated in the solution proposed today. This
    builds on the increased level of governmental engagement we have seen
    following the recent unfortunate events at North Mara as well as in dealing
    with the replacement of the SAG mill motor at Buzwagi, which is now installed
    and fully functional. Although the replacement took slightly longer than first
    expected with a short-term production loss of around 15,000 ounces we remain
    confident this will largely be recovered over the balance of the year. ABG
    continues to focus on optimizing our current operations and further expanding
    the business in Tanzania. We will be doing this in partnership with the
    government for the benefit of all our stakeholders."
  2. a

    al-karim Member

    Jun 9, 2011
    Joined: Dec 23, 2009
    Messages: 25
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    Ahsante kwa kutupa mwanga kuhusu utendaji wa ABG.
    ningependa kujua yafuatayo:
    1.annual amount of extraction ya financial year 2010-11
    2.quantity of exportation and its value,
    3.TAX RATE wanayotozwa na serikali.
    4.Selling price huko nje.
  3. K

    Kituko JF-Expert Member

    Jun 9, 2011
    Joined: Jan 12, 2009
    Messages: 5,825
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    Hakuna makosa makubwa Serikali ya Tanzania imeyafanya/inayafanya kama ya kuipa kampuni moja (Barrick) migodi zaidi ya mitano, maana hata sasa Chamber of mines wameimonopoly, wataiyumbisha sana serikali hao wazee wa Blood Gold