Business
‘Govt pampering looters with tax breaks’
NewsDay Staff ·

ZIMBABWE’S civic society organisations have raised fresh concerns over elevated plunder of the country’s resources by multinationals, and are pushing to close loopholes.
During a crucial conference on resources last week, leading resource campaigners said they were also concerned that as clear pillage and plunder was taking place, government was pampering the same corporations with tax incentives.
These insights came up during the Zimbabwe Alternative Mining Indaba (ZAMI), which revealed that the resource-based loans (RBLs) model was unsustainable.
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