The mining sector has appealed to Vice-President Joyce Mujuru to intervene in the indigenisation progamme which should see foreign owned companies ceding their majority shareholding by September. Chamber of Mines President Victor Gapare was today reported to have written to Mujuru asking that indigenisation be allowed to take place over five or even 10 years because of the shortage of capital. He said locals needed between US$5 and $7 billion to buy the controlling shareholding.
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