Tanzania, Feb 6 – Miners in Tanzania have been persuaded to pay taxes and other government imposed charges in order to avoid future challenges and consequences thereof. The Premier for the Federation of Miners in Tanzania (FEMATA), Mr John Bina asked the key players in the sector to adhere to such policies timely and voluntarily to evade rough times by the authorities.
During his short visit to Sekenke Gold Mine in Iramba District and Mpipiti village Gold mine in Singida District, Mr Bina shared the nuggets of wisdom to the miners present and urged them to be accountable in their operations. Evasion of taxes has drenched a number of companies a lot of money that would have been an easy yoke had they paid their dues as expected.
A number of companies have been stripped off their licenses and workers lost their jobs in a moment. It has been a major scandal especially for the gold sector where Acacia Company had a series of downfall after its tax scandal. This could lead to a major breakdown of any business and a huge loss in the economy of the country.
Taxes enable the government make proper plans for the country in terms of investments and project financing and such issues of not paying tax become a stumbling block to the growth and development of the economy. Court orders have summoned a number of enterprises to be malfunction for some time, which shakes their financial capacity to still their operations in the long run.
Mr Bina advised the miners to play their role and pay their financial obligations for the good of the country’s economy. Their economic contribution is what the government depends on to budget for various fields in the sector and manage the resources of the country for better productivity level in future.
He mentioned that taxes and levies are inevitable for any worker and should therefore thrive to pay obeisance to the government’s expectations. The nation needs their financial support to help ease the burden on the government shoulders.
There have been a number of complaints by key players in different sector decrying of the hefty taxes that have been placed on them weighing down their development in the country. The government is weighing options as it looks to reduce its borrowings from other external sources. AU Chairman and Rwanda’s Premier Paul Kagame challenged Afrian countries to finance their projects as debts weaken the AU.
Mr. Bina reminded them that there are always consequences in failing to pay taxes as the payment afterwards could be a mountain to climb.