Coloured gemstone producer Gemfields , has asked the Zambian government to remove a recently re-introduced 15% export tax on ...
It explained that the 15% export tax on precious gemstones directly impacted the Zambian emeralds mined by Kagem Mining ...
Now, Gemfields is faced with a 15% export levy on emerald exports from Zambia. The tax came into effect at the beginning of ...
Combined with an existing 6% mineral royalty tax, the 15% export duty on emeralds represents a significant tax burden for ...
(IDEX Online) - Gemfields is reeling from the shock imposition of a 15 per cent export duty on the emeralds it mines in ...
Gemfields shares were in the red on Wednesday morning, after the company confirmed that the Zambian government had reinstated ...
London-listed Gemfields said on Wednesday that it would lobby the Zambian government to suspend the newly reinstated 15% ...
London-listed Gemfields, whose ambassador is actress Mila Kunis, has been blindsided by the imposition of a double-digit tax ...
Two recent cases, in Zambia and Mali, have miners worried. Zambia imposed a 15% export duty on gemstones from the beginning ...
Gemfields said it has resumed mining at its Montepuez ruby mine in Mozambique after temporarily suspending operations in the ...
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 ...
Pressure is mounting on the owner of Faberge to sell off the iconic jewellery brand as the firm continues to be rocked by ...