Economics

Zimbabwe Faces Mining-Asset Seizure Over Canceled Joint Ventures

  • State-owned miner’s appeals against arbitration ruling failed
  • Amari says it’s owed $65.9 million by Zimbabwe mining company
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Zimbabwe, which is banking on investment in its natural resources to arrest an economic free-fall, faces having the assets of the state mining company seized after a final appeal of a 2014 arbitration ruling failed.