Zimbabwean government asks mines to fund local infrastructure
By the AFREEQUE newsroom, based on Dailynews
The Zimbabwean government is asking mining companies and investors to fund local infrastructure so that mineral exploitation brings greater benefits to communities. The policy aims to increase the mining sector’s contribution to the national economy, notably through gold, the main driver of foreign currency earnings and state royalties, according to the Daily News.
The Zimbabwean government is asking mining companies and investors to fund the construction of essential infrastructure in communities where they exploit resources. The aim is to turn revenue from minerals, particularly gold, into tangible benefits for local people, the Daily News Zimbabwe reports.
The government wants to increase the mining sector’s contribution to national economic development. Gold is seen as a driver of foreign currency earnings and royalties paid to the state, according to the same media outlet.
