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Mining tax will happen one way or another – SA economic policy head

January 04, 2013 - 16:30 GMT Location: Johannesburg

KEYWORDS: Resource rental tax , super tax , South Africa , ANC , Manguang , Godongwana export tax

Mining companies in South Africa will have to come to terms with higher taxes, whether through higher royalties or through a new resource rental tax currently under discussion, a government representative said.

Enoch Godongwana – head of the government’s economic policy committee – made the claim on December 20 while briefing journalists in Manguang after the conclusion of the African National Congress’ (ANC) 53rd national elective conference. The conference was watched closely by the international investment and mining communities to gauge the...

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