FOCUS: Why is Zimbabwe considered the likeliest beneficiary of South Africa’s chrome ore export tax?

By IM Staff
Published: Wednesday, 03 February 2021

Zimbabwe emerged as the most likely beneficiary of South Africa’s proposed chrome ore export tax in a recent Fastmarkets’ poll. Fastmarkets examines the investment prospects for Zimbabwe’s chrome sector and some of the hurdles the domestic industry faces, and why participants showed particular confidence in the country.

By Jon Stibbs, Siyi Liu

In the poll, when asked which chrome-producing countries would likely benefit from increased investment as a result of South Africa’s chrome ore export tax, Zimbabwe received the largest amount of votes from respondents with 43%, surpassing Turkey (25%), India (9%), other countries in the world...

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