Exploration fees hiked


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Zimbabwe today hiked mining exploration fees by almost 2 000 percent to $1 million in a bid to curb speculation. “We have companies and individuals who are holding onto unused mining claims. This will not help the economy. We want mining for development,” deputy Minister of Mines Gift Chimanikire was quoted as saying.

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Charles Rukuni
The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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