Posts Tagged ‘mining’

Zimbabwe Hints at Compromise with Foreign Miners

Zimbabwe again hinted it might show flexibility in its stance towards foreign mining companies, with a government official saying a law forcing them to surrender 51 percent stakes to local people was “an aspiration“, not a hard target. Reuters reports the rather groundbreaking remarks took place at a mining conference today by Prince Mupazviriho, the [...]

Zimbabwe Rising: With Great Opportunity Comes Great Responsibility

We as an international community have a duty in newfound opportunity: we must pay close attention to the booms in present-day Zimbabwe in order for them to respectively blossom in to sustainable pillars of development. We must also accept and address certain realities hindering our ‘getting on-board’. The Zimbabwean mining sector is expected to grow [...]

As Zimbabwe Collapses, Business Struggles for Survival

Things are looking worse than ever in Zimbabwe, as the increasingly isolated President Robert Mugabe defied international pressure and outright condemnation to proceed with a “one-candidate poll” in the runoff election for the presidency on Friday – leaving not only the beleaguered public, but also foreign and domestic businesses, between a rock and a hard [...]