Home
About
Contact
Register
Login
Generate
WhatsApp Message
*Govt Should Remove 51-49 Percent Law For Diamond, Platinum Sector As Well: Miners* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?fs Miners have urged President Emmerson Mnangagwa to amend the Indigenisation act to remove the component requiring all diamond and platinum mines to be majority owned by Zimbabwean people. Mnangagwa’s administration has already amended the Indigenisation law and removed the 51-49 percent requirement for all businesses except those in the diamond sector. Chamber of Mines of Zimbabwe president Batirai Manhando told journalists last week, ---------- Latest itel S24 available on Pindula: 128GB storage, 4GB RAM $119 USD WhatsApp: +263715068543 Calls: 0772464000 Buy Online: https://www.pindula.co.zw/market/itel-s24-128gb-22-20240426142756795795/?s=wanews ---------- > We are engaging the government, our view is that these (Platinum and Diamond) are capital intensive industries and by their nature require lots of money and for us to leave platinum and diamond on the 51-49 percent we think it should be revised in line with other metals. More: New Zimbabwe _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
Copy to clipboard
Feedback