Chinese investors elbow out local chrome miners

THE Zimbabwe Mining and Alloy Smelting Company (Zimasco) has ditched about 150 small-scale chrome miners in favour of Chinese investors, an investigation has established.

The affected miners are crying foul over their exclusion, which runs foul of the Zimbabwe Investment and Development Agency (Zida) Act and the Constitution.

Section 13 of the Zida Act [Chapter 14:37] prohibits discrimination between local and foreign investors.

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