Zimbabwe wants mining companies operating in the country to list the majority of their shares on the local exchange, stirring uncertainty among investors as the nation with the world's biggest platinum reserves after South Africa tries to bring in money to fix the economy.
Companies are seeking mining rights and already listed on a foreign bourse must notify the mines minister, and 85 percent of the funds from the local listing must be used exclusively to develop the local right, according to the bill.
- Daily News
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