Business / Economy
Zimbabwe among most unattractive mining destinations
11 Mar 2015 at 07:22hrs | Views
Zimbabwe according to a latest Canadian think tank Fraser Institute ranks Zimbabwe among the most unattractive mining destinations with the country lagging behind the DRC, Mozambique and South Africa.
Zimbabwe is ranked 118 out of 122 jurisdictions.
It said the main problem with Zimbabwe is the impromptu changes in policy over ownership of mineral rights and taking leases off companies after exploration success.
According to Fraser Institute, Zimbabwe's performance was dismal in terms of its policy perception index and the findings by the firm comes at a time when government is working on policy consistence.
Source - dailynews
