Economic clouds, platinum lining

Foreign mining companies benefit more from the halting recovery as local political problems mount

Hefty political obstacles block further economic progress in Zimbabwe after last year’s impressive turnaround. Mining operations, such as those involving gold and platinum, will grow faster, boosted by some of the world’s most generous royalty and corporate taxation terms. Yet the economy’s most productive parts – farming and manufacturing – will be held back in 2010 by political meddling and mismanagement.

Article Tags:
Tendai Biti, Joseph Made, Morgan Tsvangirai, Roy Bennett, South Africa, Obert Mpofu, Emmerson Mnangagwa, Solomon Mujuru, Murisi Zwizwai, Military-backed diamond mines, British, Lebanese, Elias Mudzuri, Edward Chindori-Chininga

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