Zimbabwe Independent (Harare)
2 July 2009
GOVERNMENT has withdrawn the Mines and Minerals Amendment Bill which demanded foreign owned mines to cede 51% of their shareholding to locals as it seeks to lure external investors.
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The Bill may have been withdrawn, but few overseas investors will have confidence that it will not be resurrected whilst Mad Bob is still around. Only by his complete absence, and zanu-pf being powerless, will investor confidence truly return.
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The Bill may have been withdrawn, but few overseas investors will have confidence that it will not be resurrected whilst Mad Bob is still around. Only by his complete absence, and zanu-pf being powerless, will investor confidence truly return.