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LESOTHO

Chamber of Mines rebels against new tax regime

The Chamber of Mines is dead set against the new tax regime parliament is about to ratify. It includes a sharp increase in taxes for the mining industry. [...]

Published on 16/06/2023 at 04:40 GMT

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Mining

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Firestone Diamonds
Gem Diamonds
Lucapa Diamonds
Matekane Mining Investment Corporation
Moeketsi Majoro
Mohale Ralikariki
Mosuoe Mapetla
Revenue Services Lesotho
Sam Maketane
Storm Mountain Diamonds

Diamond transport monopoly challenged in Maseru

The four diamond companies operating in Lesotho are protesting against being forced to use a local aviation company to transport their diamonds.

LESOTHO Mining 13/06/2022

Political instability gives diamond miners a breather on tax reforms

As the country gears up for the general elections in September, miners have been able to put a freeze on the mining tax reform. Given the rocky political climate, it is not likely to be back on the table before the end of the year.

LESOTHO Mining 24/03/2022

Mining magnate Sam Matekane launches his political career

Sam Matekane, a partner in Gem Diamonds' lucrative Lets'eng diamond mine and who is reputed to be the richest man in the Kingdom of Lesotho, is now entering politics, with an eye on the premiership in this October's elections.

Sam Matekane, owner of the Matekane Group of Companies.

LESOTHO Mining 09/09/2021

Maseru takes a hard line with diamond producers

Following the recent inauguration of the first diamond mine owned by a Mosotho, the government is looking for an independent diamond valuer to reduce reliance on selling prices decided by the mining companies. It is also considering raising the bar regarding the minimum local shareholding in foreign mining ventures.

Spotlight

LESOTHO Mining 27/09/2016

Ukrainian equity fund steps into primary diamond market

A musical chairs game is underway in the elite club of primary diamond operators in Lesotho, a country reputed for the size and exceptional quality of its gems. While the explorer Paragon Diamonds, based in Guernsey, could bow out, South [.

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Firestone Diamonds
Gem Diamonds
Lucapa Diamonds
Matekane Mining Investment Corporation
Moeketsi Majoro
Mohale Ralikariki
Mosuoe Mapetla
Revenue Services Lesotho
Sam Maketane
Storm Mountain Diamonds

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Chamber of Mines rebels against new tax regime

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Diamond transport monopoly challenged in Maseru

Political instability gives diamond miners a breather on tax reforms

Mining magnate Sam Matekane launches his political career

Maseru takes a hard line with diamond producers

Ukrainian equity fund steps into primary diamond market

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Niger junta deploys propaganda machine to win popular support

NB Mining affair: bumpy road ahead for opposition candidate Katumbi in run up to presidential elections

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Chamber of Mines rebels against new tax regime

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Set up email notifications for these topics

Diamond transport monopoly challenged in Maseru

Political instability gives diamond miners a breather on tax reforms

Mining magnate Sam Matekane launches his political career

Maseru takes a hard line with diamond producers

Ukrainian equity fund steps into primary diamond market

Set up email notifications for these topics

About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites