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South Africa

South Africa Forum/Politics

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Ramaphosa: No intentions to make changes to SA's mining royalties structure

ewn.co.za/2025/0...

submitted 10 months ago by Lthabo1999

Ramaphosa: No intentions to make changes to SA's mining royalties structure

submitted 10 months ago by Lthabo1999

Ramaphosa: No intentions to make changes to SA's mining royalties structure
  • President Cyril Ramaphosa stated that there are no plans to change the mining royalties system in South Africa.
  • Instead of increasing taxes, the focus is on getting more value from minerals before they are exported, as mining companies already contribute significantly to the country through taxes and other means.
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