Implats Zimbabwe Mine Gives 10% to Locals

Reuters Africa reported Zimbabwe’s Mimosa mine has given a 10 percent stake to locals in an attempt to meet a controversial law.

As quoted in the market news:

British banks Barclays Plc and Standard Chartered Plc have also offered to sell 10 percent stakes in their local units, although the government believes that is not enough, Youth and Empowerment Minister Saviour Kasukuwere said.

Click here to read the full Reuters Africa report.