Tuesday, 05 June 2007

Zimbabwe denies mining nationalisation plans

(Reuters) - Zimbabwe denied on Tuesday it wants to nationalise its mining sector, but said it wants mining companies operating in the mineral-rich country to have a majority local ownership.

Mines Minister Amos Midzi told a metals conference in Namibia that the country had received bad publicity regarding reports that it wanted to nationalise the key sector.


Read more at Reuters Africa

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