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Zimbabwe land

Africa Brief: Implats, Zimbabwe, Comair, drug firms, Congo oil contract and more

Implats and Zimbabwean Indigenisation Minister Saviour Kasukuwere signed a conditional, non-binding term sheet for an R8.3bn deal to transfer 20% of Zimplats to employee and community trusts and 31% to a state-run National Indigenisation and Economic Empowerment Fund.

Zimplats holds a special mining lease over two areas in Zimbabwe totalling 48,535ha in extent.

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