Monday, June 21, 2021

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InvestmentMining

Zimbabwe: Mining Sector Leads Investor Interest

From The Herald by Africa Moyo The mining sector remains the most favoured investment portfolio in the country, with 57 applications out of 153 approved in the first 11 months of the year, statistics from the Zimbabwe Investment Authority (ZIA) reveal. Zimbabwe has known reserves for 66 minerals including gold, diamonds, platinum, chrome and asbestos, among others, making the mining sector key attraction for investors particularly foreigners. From January to November 30, 2017, ZIA approved investment proposals worth $1,5 billion, which is slightly below what was achieved in the same...