Zuma Seeks Mining Tax Review to Boost South African Revenue
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South African President Jacob Zuma said mining royalties will be reviewed as he comes under pressure to reduce poverty and inequality in the world’s biggest producer of platinum, chrome and manganese.
Finance Minister Pravin Gordhan will commission a study of current tax policies later this year, Zuma, 70, told lawmakers in his State-of-the-Nation speech in Cape Town yesterday.