PRETORIA – Zimbabwe’s President Robert Mugabe on Wednesday defended his government’s drive to take majority control of foreign-owned companies, saying investors must pay for exploiting Africa’s mineral wealth.
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“The capital that is aimed at mining for example, is drawing from my country a resource that cannot be replaced tomorrow, leaving holes in my country,” Mugabe told reporters after trade talks with South African President Zuma.
Western countries have withheld financial aid to Harare in protest over Mugabe’s policies and charges he has rigged elections to stay in power, worsening an economic crisis that has driven millions of Zimbabweans to South Africa for jobs.
(Reporting by Joe Brock and Tendai Dube; Writing by Stella Mapenzauswa; Editing by James Macharia)