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Parastatal Partners Dubious Chinese Firm, Claimed $100m Investment Fails to Materialise

Parastatal Partners Dubious Chinese Firm, Claimed $100m Investment Fails to Materialise

THE State-owned Zimbabwe Mining Development Cooperation (ZMDC) partnered a Chinese company despite Beijing refusing to endorse the deal citing concerns about the investor, parliament heard on Monday. The Chinese investor, Beijing Pinchang, had in 2015 pledged $100 million for the revival of Kamativi tin mine but it later emerged that the foreign partner did not […]

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