Zimbabwe: Relax 51/49 Requirement On Diamond, Platinum Mines, Urges Zimbabwe's Mining Chamber

Zimbabwe's mining chamber has asked the government to allow majority ownership by foreign investors in diamond and platinum mines, a move it says will unlock more investment for the capital intensive sector.

In March this year, the southern African country changed its empowerment law to limit majority ownership by state entities to only diamond and platinum mines and not the entire mining sector as in previous version of the legislation.

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