Moti Group to Sell its Share in Zimbabwe Chrome Mining Operations

19 April 2018

Ferro-Alloys.com : The President of Zimbabwe Hon. Emmerson Mngangagwa's administration announced the plan for the mining companies to list the majority of their shares on the securities exchange in the country or to create risk locking their rights for mining. By doing this the Government seeks the influx of money to help stable the country's economy as the economy was fell drastically under the previous ruler.

Right after this decision by the President administration, the famous mining Group of South Africa “Moti Group” managing selling their shares in Zimbabwe Chrome mining operations, which they started many months ago. The company spokesperson told that the country’s plan intends all the mining companies To list on local exchanges makes us thinking selling our shares.

• [Editor:mab]