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Govt inefficiencies, corruption killing investment projects

Govt inefficiencies, corruption killing investment projects
zimbabwesituation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zimbabwesituation.com Daily Mail and Mail on Sunday newspapers.

RioZim, military wrangle blow to investment bait

The Zimbabwe Independent November 27, 2020 THE protracted dispute between RioZim and the military, as well as a company owned by Pakistani nationals Falcon Resources over chrome mining claims in Darwendale, Mashonaland West province is a blow to President Emmerson Mnangagwa’s drive to lure investment into the country and stem the rapid fall in foreign direct investment. Kudzai Kuwaza RioZim won its protracted dispute with the military and Falcon Resources in a recent ruling by the Supreme Court. The dispute started sometime in August 2018 when Defence and War Veterans Affairs minister Oppah Muchinguri declared RioZim’s mining claims a cantonment area and offered them to Falcon Resource, which was a violation of the law.

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