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Will Aldabra put up gold refineries in Rwanda?

Plans to put up gold refineries started. In 2017, Aldabra received a phone call from one of the higher authorities in Rwanda, requesting for a meeting in Kigali with a Steering Committee that was set up to find ways of adding value to gold in the country.

Did Aldabra hire a lawyer in Rwanda?

Aldabra hired Mutangana and Partners Law Offices, the leading law firm in the country, represented by a former Prosecutor General. However, even the legal representative of Aldabra in Rwanda has been detained for no reason, and without any due process.

Will aldango be able to waive mineral tax liabilities in Rwanda?

Aldango filed numerous requests to the Rwanda Revenue Authority to waive, as promised, the alleged tax liabilities: The first one on February 27, 2018 clarified that the profit margin in gold is very minimal, and, therefore, imposing a mineral tax rate of six percent (6%) is unrealistic and an exemption was promised before the project was set up.

What arrangements did Aldabra make for a gold refinery?

Aldabra has wide experience in this field, having participated in the set-up of gold refineries in other African markets. The discussions and deliberations of the meeting resulted in the following arrangements: e. provide initial and working capital.