Goldfields reaches agreement with Ghana
The reduction in the corporate tax rate from 35 percent to 32,5 percent is effective March 17.
It will be for a period of eleven years for Tarkwa and nine years for Damang, each renewable for an additional five years.
“Ghana continues to be a key region for Gold Fields and we commend the Government of Ghana for creating a fair and competitive environment in the country,” Gold Fields stated on Tuesday.
The Johannesburg Stock Exchange-listed company globally diversified producer of gold with eight operating mines in Australia, Ghana, Peru and South Africa.
– CAJ News
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