Zimbabwe: Removing 51 Percent Law On All Minerals Will Lure More Foreign Investors. Says Unki Boss

A local platinum mining company manager Walter Nemasasi said the 49 to 51 percent threshold imposed on platinum group of metals and diamonds should be lifted to lure more investors and improve productivity.

The Emmerson Mnangagwa led government when it came into power in November amended the controversial empowerment policy which forced businesses to ensure 51 percent equity ownership by black locals.

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