Mugabe woos foreign mining

ZIMBABWE'S President Robert Mugabe has urged foreign mining companies to invest in the country and sought to allay fears that they could be expropriated.

ZIMBABWE'S President Robert Mugabe has urged foreign mining companies to invest in the country and sought to allay fears that they could be expropriated.

Mugabe told a mining conference in Harare that the government would soon pass a new law to govern the sector.

Under the previously proposed bill, foreign companies could not hold more than 49percent of a business. - Reuters

X