Johannesburg - Impala Platinum Holdings [JSE:IMP] has denied
it made an “irrevocable offer” to hand over a stake in its local unit to the
government of Zimbabwe.
“Implats has not made an irrevocable offer to the Zimbabwe
government today,” the company said in a statement late on Wednesday.
A senior Zimbabwe minister told Reuters on Wednesday that
the world’s second-largest platinum producer had made the offer to hand over a
29.5% stake in its Zimplats unit to a state-run fund.
Harare has been pushing Implats to hand over majority
control of the unit to local investors under a new and controversial black
empowerment law.
Implats said it was committed to finding an “equitable and mutually acceptable solution”.