Mugabe cabinet leaves investors wary

[miningmx.com] – ZIMBABWE president, Robert Mugabe’s newly formed cabinet has left investors wary fearing its composition may signal a return to policies that led to a 40% contraction in the economy, said Bloomberg News.

“This cabinet doesn’t bring with it the air of significant change, and foreign investors will have to be convinced by actions of the appointees before they rush in,’ Scott Gibb, a London-based partner at Cube Capital, told the newswire service.

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