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Reuters reported Anglo American Platinum (JSE:AMS) will hand over a 10 percent stake in its Unki project in Zimbabwe to locals.
Reuters reported Anglo American Platinum (JSE:AMS) will hand over a 10 percent stake in its Unki project in Zimbabwe to locals.
As quoted in the market news:
President Robert Mugabe, who is driving the law which seeks to transfer majority ownership of all foreign-owned firms — including mines and banks — to locals, officiated at the event held at Unki, Shurugwi, about 350 kilometres south of the capital.