Nicolas Kazadi: DRC’s Artisanal Gold Export Tax Cut to 0.5% “Necessary”
Since the close of 2022, the Democratic Republic of Congo (DRC) has witnessed a decrease in the tax rate for the export of artisanal gold, dropping from 1.5% to 0.5%. According to the arguments put forward by the Congolese Minister of Finance, Nicolas Kazadi, during the press briefing on Monday August 28, 2023, this measure was necessary in the context of non-competitive or even confiscatory taxation. “At the end of 2021, during the preparation of the 2022 budget, the Government of the Republic had taken the initiative to request that…
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