Zimbabwe to Scrap Platinum and Diamond Mine Ownership Rules

A rule requiring local investors to control platinum mines will be scrapped and foreigners will be allowed to own 100% in a bid to revive investment, Finance Minister Mthuli Ncube has said. President Emmerson Mnangagwa has sought to water down some of the contentious rules of his predecessor, former president Robert Mugabe, as mining investment had dried up.

Photo: The Herald

Finance and Economic Development Minister Mthuli Ncube (file photo).


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