ZMF compiling youth in mining data for US$10m facility, deadline tommorrow
The Zimbabwe Miners Federation (ZMF) through its provincial youth secretaries across the nation is compiling youth data for the latter to benefit from the Minister of Mines and Mining Development Hon Winston Chitando’s US$10 million youth fund as a strategy to ramp up production for the achievement of the US$12 billion annual mining revenue by the end of 2023.
Rudairo Mapuranga
The Minister of Mines and Mining Development recently announced that the government was going to unveil a US$10 million fund to bankroll youth to motivate the youth as they are crucial in the achievement of the US$12 billion mining industry.
According to the Deputy Minister of Mines and Mining Development Dr Polite Kambamura, the mining sector has so far achieved US$6 billion in 2022 and is hoping the youth fund can help the industry achieve the US$8 billion target for 2022.
“We are happy that so far we have achieved 6 billion from the set target of 8 billion for the year 2022. We believe that capacitating youths will give further impetus in our drive to achieve the US$12 billion milestone,” Dr Kambamura said.
According to ZMF CEO Wellington Takavarasha, ZMF is compiling data for youth in mining in all provinces for those who have claims and those awaiting certificates.
“ZMF is working very closely with The Ministry of Mines and Mining Development in coming up with a database for youth in mining in all the Provinces (both registered and unregistered) for them to benefit from ZMF mining mechanization and loan enhancement program. We are therefore kindly requesting you to urgently compile and submit to the ZMF Head office all youth in mining under your Province below the age of 35 years by 1700 hours of Friday the 2nd of September 2022,” Takavarasha said.