May 13, 2021

Andrew Campbell 

A healthy economy should build on the good tax policy. Export tax is a major element to maintain the global mining industry during the pandemic. This industry still can have a little growth in global markets but doesn’t mean risk-free.

Export taxes are imposed when goods or services are selling from one country to other countries. In Africa, especially in West Africa, export tax is an important tool to attract international mining companies. They have to oversee the differences of the export taxes measurement in West Africa. For example, Sierra Leone and Ghana do not tax export. Gabon and Guinea levied mineral taxes based on their agreements respectively.

Anthony Assassa, Director of Operations at BDO Francophone, suggest West Africa standardize rule on the export taxes. It is to attract more international investors and traders for stable fiscal revenues.  

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