Anglo American paid around $23.5 billion in total tax and economic contributions throughout its global activities in 2023, compared to $24.5 billion recorded in 2022.
Payments dropped sharply in South Africa from $9 billion in 2022 to $7.5 billion in 2023 while increases were recorded in Brazil, Australia, and the United Kingdom.
The amount of taxes and royalties paid to South Africa also decreased from about $1.6 billion in 2022 to $831 million in 2023.
It rose in Australia from $774 million in 2022 to about $1 billion in 2023, while Zimbabwe experienced a substantial increase, from $35 million in 2022 to $95 million in 2023.
Meanwhile, Anglo said it recorded an increase in employment data from 58,600 to 59,900 over the previous year.
The most significant increases were observed in Australia, Botswana, Canada, Namibia, and Peru.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
