Indigenisation deadline

The deadline for mining companies to submit their plans for indigenisation passed today with reports that major mining companies such as Anglo Platinum which owns Unki Mine near Shurugwi and Implats which owns Zimplats near Chegutu as well as part of Mimosa near Zvishavane were cooperating with the government. The companies have until September to sell their stakes but they can also get credits from the government which would help them not cede 51 percent to locals.

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