A mineral tracking system employing a data evaluation tool designed by the United Nations Conference on Trade and Development (UNCTAD) and the Zambian Revenue Authority (ZRA) helped Zambia recover an additional US$1 million in export dues from mining companies in… Read More ›
Zambia
Zambia fines Glencore for lack of arm’s length pricing
In a case brought by the Zambia Revenue Authority (ZRA), the Supreme Court of Zambia has fined Glencore subsidiary Mopani Copper Mines US$13 million for violating the country’s Arm’s Length Standards (ALS). After examining a ZRA audit of Mopani’s 2006-09… Read More ›