The Central African Republic’s forestry ministry is warning the government and private companies to comply with tax clearance regulations after they adopted controversial tactics from the Russian mercenary group Wagner.
Ministers of Economy and finance have been urging businesses to pay taxes on timber sales, but so far, many have refused, citing lack of transparency in the process.
- The Central African Republic is rich in natural resources, including timber, gold and diamonds, making it an attractive destination for companies looking to invest.
- However, the country’s fragile security situation and weak institutions have led to concerns about corruption and exploitation.
Ministers of Economy and finance have been urging businesses to pay taxes on timber sales, but so far, many have refused, citing lack of transparency in the process.
Central African Republic: Wagner Methods Adopted, Tax Clearance Refusal Sparks Ministry Warning