Zimplats reprieve


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The government today gave Zimplats, Zimbabwe’s biggest platinum producer until November 15 to come up with a revised plan on how it intends to localise its ownership. The government rejected Zimplats’ initial plan. The news was welcomed by the market which saw parent company Implats’ share gain by 2 percent.

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Charles Rukuni
The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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