By ROGERS KALEROONLY old mines scheduled for recapitalization should be exempted from paying the Mineral Royalty Tax National Union of Miners and Allied Workers (NUMAW ) Treasurer Saul Simujika has said.The exemption, he said, was on account of the reinvestment exercise imperative in revamping their operations to increase production.He has also called on Government to ensure that it had access to genuine production figures because many mines were in the habit of losses when they were making huge profits.He claimed that some mining companies were cheating to create an impression they were making losses in order to renege from offering employees reasonable conditions of service.Mr Simujika said some mining companies were in the habit of declaring fake losses to get sympathy from government so that they can award mediocre salary increments and poor conditions of service to their employees.“We have had mining companies claiming to be making losses to avoid giving their workers better conditions […]
CHEATING MINES FINGERED
