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Acacia Mining slapped with huge tax bill as shares tumble

Acacia Mining slapped with huge tax bill as shares tumble
Gold miner Acacia Mining says it has received a tax bill that is four times the GDP of Tanzania where it operates, affecting its performance in the stock market. Acacia Mining’s shares fell for a sixth straight session on Tuesday in the wake of a...

Mining fails to attract more FDI to Africa -EY report

Mining fails to attract more FDI to Africa -EY report
In summary Mining sector accounted for just 6.2% of foreign direct investment (FDI) that landed in Africa last year. Capital investment was primarily driven by capital-intensive projects in real estate, hospitality and construction South Africa remains the continent’s leading FDI destination US continues to...
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