BizDay Zimbabwe
BizDay Zimbabwe

Zimbabwe's leading authority on business, finance and investment news.

BizDay
Author

0

Share


avrt
BizDay Zimbabwe

Zim not a Chinese colony

BizDayBizDay

Boksburg, Johannesburg, April 03, 2013 – Zimbabwe is not being colonised by the Chinese as many would like to believe, deputy mines minister Gift Chimanikire told an investment conference here on Wednesday.

“The Chinese came in when nobody else was not there. Chinese are not colonising us,” he said.

He said Zimbabwe was open to any country as 60 percent of the country was still to be explored for mines.

Chimanikire said Zimbabwe was discouraging a situation where large mining companies owned more than half of the country’s natural resources.

China said recently its two-way trade with Africa had increased by nearly 45% in a year to hit a record $114.8bn. Its investment in Zimbabwe has been growing steadily over the last decade.

BizDay
Author

BizDay

0

Comments