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 ...
Combined with an existing 6% mineral royalty tax, the 15% export duty on emeralds represents a significant tax burden for ...
Now, Gemfields is faced with a 15% export levy on emerald exports from Zambia. The tax came into effect at the beginning of ...
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% ...
Gemfields said it has resumed mining at its Montepuez ruby mine in Mozambique after temporarily suspending operations in the ...
Two people were shot and killed as security forces made up of Mozambican police and military moved to protect the village.
London-listed Gemfields, whose ambassador is actress Mila Kunis, has been blindsided by the imposition of a double-digit tax ...
Gemfields updated the market on the unrest in Mozambique on Thursday, reporting two deaths as “illegal” ruby mining groups ...
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 ...