Zim Gold1 Dec 2025 08:01
Worth noting if you have any related investment and the company has not informed the market [ask yourself WHY?]
'St Helier, December 1, 2025 - Caledonia Mining Corporation Plc ("Caledonia" or "the Company") notes the proposed changes announced to the royalty and tax regimes, as they apply to gold miners, in the Republic of Zimbabwe's 2026 National Budget presented by the Minister of Finance, the Honourable Professor Mthuli Ncube, on November 27, 2025.
These include two proposed fiscal measures relevant to the gold sector: an increase in the royalty rate from 5% to 10% when the gold price exceeds US$2,500/oz (with the higher rate understood to apply to the full gold price), and a change to the tax treatment of capital expenditure whereby the current 100% upfront deduction would instead be spread over the life of the project, affecting the timing, but not the total amount, of tax payable.'
https://www.londonstockexchange.com/news-article/CMCL/proposed-changes-to-royalty-and-tax-regimes-in-zim/17350719