CAPITAL MARKETS

Zim ownership levels revealed

THE Zimbabwean ministry of mines has released draft regulations in regards to indigenous ownership levels which would see ownership start at 20% within two years and increase to 30% within ten years, Aquarius Platinum has told its shareholders.

Rebecca Keenan
Zim ownership levels revealed

Under the regulations ownership must be 25% within seven years. Media reports earlier this week had Zimbabwe president Robert Mugabe pushing for 50% ownership. Zimbabwe had been proposing a law earlier...

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