Harare — Zimbabwe’s mining industry needs to be "reorganised" so that it contributes more towards the country’s economy, President Robert Mugabe said on Tuesday. Although Mugabe did not give details on what form the transformation would take, his government has, in recent years, pressured mining firms to transfer majority stakes to black ownership under a 2008 law, and to cede some claims. "There is a lot of work going on in that sector, not least the reorganisation whose completion we impatiently await," Mugabe, Zimbabwe’s sole ruler since independence in 1980, told thousands at a rally to mark the country’s 37th independence anniversary in a Harare stadium. Zimbabwe, where mining generates more than 50% of export earnings, holds significant mineral deposits and the world’s top two platinum producers, Impala Platinum and Anglo American Platinum, have operations there. Mining has also overtaken agriculture as the leading provider of employment, after the Mugabe government started se...
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