29.05.2012 - South Africa Mine Union supports resource tax
The South African National Union of Mineworkers supports the ruling African National Congress’s proposal for a resource-rent tax for the mining industry as an alternative to nationalizing mines, Business Day reported, citing the union. The additional taxes raised should be used for a sovereign wealth fund and a state-owned mining company, the union proposed at its national congress last week, according to the Johannesburg-based newspaper...............................................Full Article: Source
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