Man­gudya, Chid­hakwa to ad­dresss min­ing sec­tor play­ers

Chronicle (Zimbabwe) - - Business - Bianca Mlilo Busi­ness Re­porter

MINES and Min­ing De­vel­op­ment Min­is­ter Wal­ter Chid­hakwa and Re­serve Bank of Zim­babwe (RBZ) gover­nor Dr John Man­gudya are to­day ex­pected to ad­dress play­ers in the min­ing sec­tor at a con­fer­ence in Zvisha­vane.

The one-day con­fer­ence, dubbed the “Great Dyke Busi­ness In­vest­ment Fo­rum” will be at­tended by Cham­ber of Mines Zim­babwe chief ex­ec­u­tive Mr Isaac Kwesu and Mi­mosa Hold­ings ex­ec­u­tive chair­man Mr Win­ston Chi­tando.

Rep­re­sen­ta­tives from the Fed­er­a­tion of Small Scale Min­ers, Buy Zim­babwe Cam­paign and bankers would also at­tend the meet­ing.

One of the or­gan­is­ers, Buy Zim­babwe Cam­paign and Ya FM chief ex­ec­u­tive of­fi­cer Mr Mun­yaradzi Hweng­were yes­ter­day told Busi­ness Chron­i­cle the meet­ing was an at­tempt to har­ness the po­ten­tial that the Great Dyke has for the ben­e­fit of lo­cal peo­ple.

“We re­alised that the Great Dyke, as much as it’s known for its min­er­als, very lit­tle has been done to un­lock its po­ten­tial.

“There is no data­base of small scale min­ers, the eco­nomic po­ten­tial of the area has not been as­cer­tained and there are no schools to show for all the rich­ness of the area,” said Mr Hweng­were.

“We’ve to in­vest in know­ing the place and un­lock­ing its po­ten­tial. Big com­pa­nies and small scale min­ers will come to­gether on that day. The rea­son why we in­vited Dr Man­gudya is be­cause RBZ plays a crit­i­cal role in the min­ing sec­tor in terms of ex­ports and in­cen­tives.”

The Great Dyke is host to many min­er­als in­clud­ing gold, sil­ver, chromium, plat­inum, nickel and as­bestos. — @Bian­caMlilo

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