Zimbabwe aims to impose a 26% free carry interest in new mining projects and negotiate similar arrangements with existing mining operators, reflecting an emerging trend among African nations to increase ownership stakes in the mining industry.

Zimbabwe is seeking to increase its ownership share in the mining sector by aiming for a 26% free carry interest in new mining projects. The government intends to negotiate similar stakes with existing operators as part of its strategy to enhance its presence in the mining industry. This move aligns with the trend among various African nations striving for greater control over their natural resources.

In conclusion, Zimbabwe’s initiative to establish a 26% free carry interest in new mining projects and negotiate with current operators reflects a growing desire among African nations to assert more authority in the mining sector. This strategy not only emphasizes the importance of resource ownership but also represents a significant shift towards attracting investments while ensuring local participation.

Original Source: www.northernminer.com