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DRC demands 40% gross revenue from mining operators [Business Africa]

DRC demands 40% gross revenue from mining operators [Business Africa]

Business Africa

DRC- Mining: repatriation of profits

Copper and cobalt alone account for nearly eighty percent of the democratic republic of Congo’s revenue.
With the slump in global mineral prices and a stagnant economic growth, the government has directed all mining operators to repatriate forty percent of their gross revenue.

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