@WaltJackman These two were idiots,nothing more nothing less.Rgm left the country in the hands of thugs despite ample time to groom a successor and Nm did nothing except to behave like a tortoise placed on a post.
@ProfJNMoyo This is all froth and no real stuff.Mapera Prof Mombasa.Your hatred for citizens is just something else.Anyway stay well in your hole till God decides otherwise.
@ProfJNMoyo No no RGM,postponed elections, rigging elections,maimed,tortured and killed opponents during election time.He was very evil,devil incarnate proper.
@ProfJNMoyo You are forgetting short sleeve and long sleeve in https://t.co/283KdZQ3Mn are the least qualified person to comment about violence, atrocities and https://t.co/t4ydBavFmS used propaganda to invite violence against your own people during your time in Zanu pf. Nway how is Mombasa?
@dhonzamusoro007@HlisUmoya The problem is you want to control everything through command programmes.Somethings are better left for the market to determine through the invisible hands of demand and supply forces . The type of command system you employ in Zimbabwe encourages looting by zanu pf.
In Zimbabwe,chiefs are treated better than professors,soldiers,policemen,doctors,teachers .After every five years they are given brand new vehicles yet hospitals ,schools and the civil service is in dire poverty.The priorities are wrong in Zim.
High Court Justice Paul Siyabona (pictured) has issued a judgement with far-reaching financial implications for Zimbabwean chrome miners and the tax authority, saying chrome ore concentrates and ferrochrome alloy are "not minerals but mineral-bearing products which do not attract mining royalties on their disposal".
Musithu ruled: "The court determines that chrome ore concentrates and ferrochrome alloy are not minerals, but mineral-bearing products."
This follows an application by Zimasco (Pvt) Ltd, a Midlands-based ferrochrome producer owned by Sinosteel, against the Zimbabwe Revenue Authority (Zimra), the tax agency.
Zimasco had sought a declaratur and other consequential relief on the contentious matter.
Primarily, it wanted the court to declare chrome ore concentrates and ferrochrome are "mineral bearing products" which do not attract mining royalties on their disposal.
The application was opposed by Zimra which insisted that Zimasco products are in fact minerals and therefore attract liability for mining royalties.
Musithu said:
"The applicant (Zimasco) did not sell the chromite ore that it extracted from the earth. Prior to January 2022, the Minister (of Mines) had not fixed rates of royalties in respect of mineral bearing products, and for that reason the applicant was not obliged to pay royalties for the chrome ore concentrates and ferrochrome alloy which
it disposed during the period 1 January 2019 to 30 September 2022.
"While the law fixed the rates of royalty for minerals, it did do the same for mineral
bearing products. The respondent (Zimra) cannot, based on mere assumptions, extend the rates of mining royalties to mineral bearing products when the legislature was cognisant of the
distinction between minerals and mineral bearing products, but failed to fix rates of royalties
for mineral bearing products. "Further, from a consideration of the definitions of mineral and
mineral bearing products, this court is satisfied that what the applicant (Zimasco) produced for sale to the export market were mineral bearing products which called for the fixing of separate rates of mining royalties, as distinct from those applicable to minerals.
"The applicant (Zimasco) is therefore entitled to the relief that it seeks in the main.
"Having made that finding, it is unnecessary to traverse the second leg of the applicant’s
case, which is whether the royalties which it was required to pay were properly calculated."
Zimasco was represented by Advocate Thabani Mpofu and Zimra by Simplicio Bhebhe.
DISPOSITION (JUDGEMENT)
Resultantly it is ordered that:
1. The application be and is hereby granted with costs;
2. It is declared that chrome ore concentrates, and ferrochrome are mineral bearing products and no mining royalties are payable on their disposal; 2.1 Consequent to paragraph 2, the applicant is not liable to pay mining royalties to the respondent on the chrome ore concentrates and ferrochrome which the applicant disposed during the period 1 January 2019 to 30 September 2022;
3. The schedules issued by the respondent to the applicant on 24 March 2023 for the total sums of ZWL881 544 511.00 and USD10 523 347.00, as shortfalls of mining
royalties be and are hereby set aside;
4. The respondent is ordered to refund the sums of ZW 389 606 502.95 and USD2 485 183.83 and any other amount paid by the applicant to the respondent in discharging the mining royalties in the total sums of ZWL 881 544 511.00 and USD
10 523 347.00, as the shortfall of mining royalties and penalties due by the applicant
for the period January 2019 to September 2022.