This is something that could benefit Triton
Mining tax relief.
Mozambique's Council of Ministers this week approved a change in the mining tax law that could revoke a sharp hike in taxes that was described as “absurd” after it came into force in 2015.
Govt approves changes on tax regime and fiscal benefits for mining and petroleum operations – Mozambique
8:32 CAT | 31 May 2017
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Folha de Maputo (File photo) / Mouzinho Saíde
Speaking to reporters at the end of the weekly session of the Council of Ministers (Cabinet), the government spokesperson, Deputy Health Minister Mouzinho, said that during Tuesday’s meeting the Council of Ministers had approved bills to amend the tax regime and fiscal benefits for mining and for petroleum operations.
Saíde gave no details of the changes, which will not take effect until approved by parliament.
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