Zimbabwe Mining Fee Increase May Be Illegal, Committee Says

Zimbabwe’s decision to increase fees for mining licenses and applications by as much as 5,000 percent may have been unconstitutional, a parliament committee said in a report.

“There was no regard to whether the application to mine would succeed or not,” the Legal Parliamentary Committee said in a report obtained by Bloomberg News today. The fees “impose a hefty financial burden on citizens and non-citizens alike who opt to invest in the mining sector.”