Zimbabwe: Chinese Seek 65 Percent Stake At Kamativi, Mugabe Refuses to Bend Indigenisation Law

6 December 2016

PRESIDENT Robert Mugabe refused to bend the indigenisation policy in favour of the Chinese who wanted a 65 percent stake at the Kamativi Tin Mine, minister Walter Chidhakwa has revealed.

Appearing before the MPs on Monday, the minister of mines said Kamativi Mine is now set to re-open after the Chinese finally dropped their demands and agreed to finance the deal to the tune of $100 million.

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