Indigenisation inflexibility stymies Zimbabwean gas

By Ian Nkala 28 April 2017
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Zimbabwean President Robert Mugabe at independence day celebrations in Harare in 2016. (PA) Zimbabwean President Robert Mugabe at independence day celebrations in Harare in 2016. (PA)

Efforts by Zimbabwe’s government to boost investment in gas and other mineral reserves are being undermined by a lack of flexibility over the country’s indigenisation law, which requires the state to hold 51% of all resource licences. Zimbabwe’s gas reserves, estimated by the government at 1.13 trillion cubic metres, continue to lie untapped because of a lack of funding. 

“We are pushing [for more investment],” Walter Chidhakwa, Zimbabwe’s minister of mines and mining development, told Interfax Natural Gas Daily

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