Zimbabwe lifts chrome export ban, lowers royalties

By Liz Gyekye
Published: Friday, 12 June 2015

The country would like to stimulate mining activity by reversing a decision to ban chrome exports and lowered royalties on the material. Zimbabwe’s government hope that the decision will enable chrome producers to mobilise financial resources to invest in modern technology in smelting, as well as address the plight of small-scale manufacturers.

Zimbabwe’s government has lifted the ban on chrome ore exports after a four-year hiatus failed to ignite local processing.

The move was part of a raft of reforms targeted at boosting mineral revenue inflows. The government also scrapped a tax on the export of chrome ore (chromite) and lowered power tariffs...

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