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Zim sticks to 51% indigenisation with its platinum mines

INTERNATIONAL - Anglo American Platinum, Impala Platinum and Sibanye Stillwater will still be required to cede 51percent shares in Zimbabwean operations under indigenisation requirements which have been scrapped for all other sectors, although the platinum miners have received a reprieve after the government deferred a tax on platinum exports to 2019. This forms part of economic policy reforms that Zimbabwe outlined under its 2018 budget and fiscal policy statement yesterday under new President Emerson Mnangagwa.
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