The interim government of President Emmerson Mnangagwa has modified the contentious Indigenisation and Economic Empowerment Act in a significant policy shift that will see the 51/49 indigenisation threshold being applied only to diamonds and platinum mining, leaving all other sectors of the economy open to investors of any nationality. The amendment was announced on 7 December in a budget statement by finance and economic development minister Patrick Chinamasa.
Subscribe to African Energy
African Energy is a brand of
