$7bn of platinum for cars, Zim banking wanted, miners keen on M&As

The platinum glut is set to diminish just as mine production declines for the first time since 2008; Foreign mining companies operating in Zimbabwe may be required to bank their money with local financial institutions; Ernst & Young reports an...

Now Zim govt wants mining companies to bank with local financial institutions

Foreign mining companies operating in Zimbabwe will soon be required to bank their money with local financial institutions and to on the Zimbabwe Stock Exchange (ZSE), a senior government official has said.

Mugabe keen to see FDI flows into Zim’s mining sector

In a private meeting held with investors at the Zimbabwe Mining Indaba, which was held in September, Zimbabwean President Robert Mugabe emphasised the importance of investment in the Zimbabwean mining industry.

Tsvangirai calls for SA-style Mining Charter for Zimbabwe

Zimbabwean Prime Minister Morgan Tsvangirai said last week that a Mining Charter for his country – similar to South Africa’s – should be seriously considered.

Zimbabwe wants to attract $16bn in mining investment by 2018

Zimbabwe hopes to attract mining investment of between $6-billion and $16-billion by the end of 2018, Prime Minister (PM) Morgan Tsvangirai said on Thursday. Mining investment would give the country's gross domestic product a considerable boost,...

Implats ‘definitely not planning to wind up business’ in Zim

Mining major Impala Platinum Holdings (Implats) CEO David Brown is upbeat about investment prospects in Zimbabwe.

Business warns government of unintended 
consequences of empowerment legislation

The new Zimbabwe government should ensure that any changes to mining legislation, while empowering Zimbabweans, does not have the unintended effect of discouraging investment in the mining sector.

Business deals struck with Mugabe’s govt will be reviewed, MDC warns

A senior official of Zimbabwe’s Movement for Democratic Change (MDC) has warned that business deals struck with President Robert Mugabe’s government during the last few years will be “scrutinised and dealt with accordingly” if the party...