(Business in Cameroon) – A draft decision from the Ministry of Finance (Minfi), reviewed by Business in Cameroon, details the distribution of non-tax revenues generated by the country’s mining and industrial sector. The document, a copy of which was sent to the Ministry of Mines, Industry and Technological Development (Minmidt), identifies eight non-tax revenue streams the finance ministry will collect from the sector.
Under this framework, the public treasury will receive 20% of fees for file reviews and research permits. It will also retain 90% of the evaluation and research fees for applications to grant or renew mining titles, 90% of the fees for approving geological service providers, and 90% of the export certificate fees for mineral substances. The remaining portions of these specific fees will go to the Minmidt.
Additionally, the public treasury will collect 90% of penalties for failing to present a secured letter during mineral transfers. It will also receive 90% of authorization fees for establishing and operating classified facilities, and 90% of authorization fees for establishing and operating depots.
For fees related to reviewing applications for artisanal quarry exploitation permits, 100% of these revenues will be allocated to the locally competent municipalities.
This revenue-sharing decision applies to the current fiscal year. It also enables the public treasury to collect non-tax revenues from mining activities while awaiting the implementation of regulations under the December 2023 Mining Code.
Ludovic Amara
