Law and the Indigenisation of Mineral Resources in Zimbabwe: Any Equity for Local Communities?
Southern African Public Law (SA Public Law), Vol. 25, No. 2, 2010
22 Pages Posted: 6 Jun 2011 Last revised: 3 Oct 2011
Date Written: June 6, 2011
Despite its endowment with various mineral resources and the inclusive government set up in 2009, Zimbabwe continues to suffer an economic tragedy. The country is rich in, among other minerals, the top selling platinum, diamonds, and gold. One would therefore assume that the economic problems facing the country should have been brought to an end through sustainable exploitation of the rich mineral resources. However, despite closure of some mining companies and the downsizing of many, it is undeniable that, these mineral resources are being extracted and exported. The question begging for an answer is what happens to the wealth generated through mining activities? To what extent do local communities living in mineral rich areas equitably share in the benefits of mining? Is the legal framework facilitative enough, to promote the interests of local communities and concomitantly ensure socially, economically and environmentally sustainable mining? Will the proposed indigenisation law help matters?
Suggested Citation: Suggested Citation