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37,911 Posts.
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26/09/17
08:24
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most companies don't even make a 40% profit margin therefore it is logical you are misunderstanding this.
this appears to not be about profit sharing but about foreign exchange; that the revenue must flow through the DRC central banking system
the 40% provision is a favour for the mining companies because originally 100% of their revenue receipts had to flow thru the DRC central bank
the law is here:
a clearer video is here: http://www.africanews.com/2017/06/2...venue-from-mining-operators-business-africa//
btw, the DRC govt owns 30% of the AVZ deposit
Last edited by
ddzx:
26/09/17
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