EXPLORATION OPPORTUNITIES IN NAMIBIA - Unctad XI
EXPLORATION OPPORTUNITIES IN NAMIBIA - Unctad XI
EXPLORATION OPPORTUNITIES IN NAMIBIA - Unctad XI
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Fourth Licensing RoundRoyalty and PIT remain at previous levels(5% and 35%)Annual training fund contributionFiscal changesLevel of APT initiation modified to make marginalprojects more attractiveAPT1 now initiated at 20 % RRRAPT2 now initiated at 22.5% RRRAPT3 remains at 25% RRRAPT1 set at 25%; APT2 & 3 negotiable