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Zim needs investor-friendly policies - mine chiefs

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Harare - A sound, conducive policy and economic framework are prerequisites for investment inflows into mining projects in Zimbabwe, mining executives in Zimbabwe told industry and government officials in Harare on Friday.

The government says it is realising fewer benefits from the country's mineral riches. Zimbabwe has the world's second-largest platinum reserves and vast deposits of other minerals.

"Why can't these mines that are at break even (or that are not profitable because of taxes and levies) close down? There is money at the mines and we need to interrogate issues beyond figures," said Fortune Charumbira, president of the chief's council in Zimbabwe.

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