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Shabanie workers approach ZACC

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Shabanie Mashava Mine (SMM) workers, who are owed more than US$2,8 million by the asbestos mining company, have approached the Zimbabwe Anti-Corruption Commission (ZACC) to investigate its administrator and top management over alleged corruption in asset disposal of the company.

Zimbabwe Diamonds and Allied Workers Union executive member (Zidawu) Mr Justice Chinhema said the disgruntled Shabanie Mashava Mine employees had approached Zacc, the Ministry of Justice, Legal and Parliamentary Affairs and the company’s top management over alleged mistreatment of workers.

Mr Chinhema said the company has failed to pay the employees’ outstanding salaries but has been disposing of properties as well as selling houses.

“We are representing more than 800 Shabanie Mashava Mine employees. They have many concerns over the way things have been run by the administrator, Mr Arafas Gwaradzimba. They are owed more than US$2,8 million by the company in outstanding salaries. The administrator has been disposing of the company properties where he is claiming two percent of the proceeds. He has failed to resuscitate the company and now he is stripping the assets. The employees have approached Zacc to investigate the administrator and the top management.

We have also approached the Ministry of Justice who is the appointing authority of company administrator,” he said.

In a letter seen by the publication, some of the concerns raised by the workers are that Shabanie Mashava Mine administrator, Mr Gwaradzimba had allegedly hired his own private company, AMG Global Accountants, to audit the finances and financial transactions at the Zvishavane-based company.

“The President has made a clarion call that the anti-graft crusade will spare no one. He further exhorted the citizenry at all levels to report all forms/cases of corruption to the Zimbabwe Anti-Corruption Commission (Zacc). We hope your office will respond positively to this urgent appeal.

“We are appealing to your offices to come to the rescue of a systematic stripping expedition of the mines by the administrator (Arafas Gwaradzimba) and his hand-picked management team. This has contributed immensely to the failure of operation resumptions at the mines. The auditors from Gwaradzimba audit firm AMG Global Accountants are favoured for any auditing required,” reads the letter.

The workers alleged that management under Mr Gwaradzimba disposed gold mines among them Belvedere, Mukaradzi, Tebekwe, Mt Morgan,  Surprise intending to raise money to resuscitate the asbestos mine.

“We have noted with concern unclear circumstances in disposing of AA Mines gold claims. A number of AA Mines gold claims have been disposed of in unclear circumstances claiming ‘To Raise Money’ to resuscitate the mine operations. The following gold claims have been disposed off — Belvedere, Mukaradzi, Mt Morgan and Surprise, just to name but a few. The proceeds realised in those sales are not known but the fact of the matter is there for all to see as nothing happened in an effort to resuscitate the mine operations from the proceeds realized from the sales,” said the workers.

The employees further alleged that the company disposed of health care facilities to universities, leaving them and their dependants stranded.

“The employees’ management have been abusing their office by making unilateral decisions as they have sold off both hospitals at the mines, Shabanie Mine Hospital to Necta Care and Gaths Mine Hospital to Great Zimbabwe University which has led to employees and their dependents now failing to get medical care while management is catered for by Cimas,” alleged the employees.

SMM administrator Mr Gwaradzimba could not be reached for comment. 

The Sunday News

Fidelity official gold buying prices Friday 6 November 2020

Fidelity Printers and Refiners (FPR) official gold buying prices Friday 6 November 2020

  • SG 90% AND ABOVE $55,77/g
  • SG ABOVE 85% BUT BELOW 90% $54,84/g
  • SG ABOVE 80% BUT BELOW 85% $53,59/g
  • SG ABOVE 75% BUT BELOW 80% $52,97/g
  • SAMPLE BELOW 10g BUT ABOVE 5g $54,22/g
  • FIRE ASSY CASH $56,09
  • EXCHANGE RATE $81,6740

Cash available. Fidelity Printers and Refiners prices will be changing daily in relation to world market prices.


Contact FPR

No. 1 George Drive, Msasa, Harare, Email: [email protected], Telephone: +263 242-486670, +263 242-486694, +263 242-487131, +263 242-447810-5

Ali Mohammed still committed to investing in Zimbabwe

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Investor Ali Mohammed is committed to continuing investing in Zimbabwe despite his name being tainted over a gold smuggling scandal.

Shantel Chisango

Speaking to Mining Zimbabwe, Ali’s associate who spoke on the condition of anonymity said that Ali Mohammed has high hopes for Zimbabwe and will play his part to help the country financially.

“Mohamed Ali believes in Zimbabwe making it to the top henceforth he will not stop investing in it even after the gold scandal is gone,” says the source.

Furthermore, the source added that Ali plans to invest a total amount of 50 million dollars in the Mining sector and he will supply vehicles to the Mining industry as well.

“If all goes as planned, he will give vehicles to the Mining sector because he is passionate to play his part in seeing Zimbabwe prosper.”

Meanwhile, Ali’s company has not stopped operating, however, the business has been affected.

“Business is still operating but has been affected for this matter is in the public domain”.

Ali’s business associates hope that all works out well and have no doubt he will be exonerated.

The source further added that they were disappointed in how Ali was treated pertaining to the scandal at hand considering the fact that he is an investor in the country.

“Ali was disappointed in the treatment he received because of the issue at hand.”

Ali was arrested after he was fingered as the owner of 6kg of gold that was found in possession of Henrietta Rushwaya at the Robert Mugabe International airport. Rushwaya is alleged to have told the arresting officers that the gold was owned by Ali and was destined for Dubai something Ali has denied. Ali has been kept in custody since the evening of the 29th of October 2020 and is frequently appearing in court. Ali has been denied bail and is expected in court again this morning.

 

Fidelity official gold buying prices Thursday 5 October 2020

Fidelity Printers and Refiners (FPR) official gold buying prices Thursday 5 October 2020

  • SG 90% AND ABOVE $54,67/g
  • SG ABOVE 85% BUT BELOW 90% $53,76/g
  • SG ABOVE 80% BUT BELOW 85% $ 52,53 /g
  • SG ABOVE 75% BUT BELOW 80% $51,92/g
  • SAMPLE BELOW 10g BUT ABOVE 5g $53,14/g
  • FIRE ASSY CASH Not supplied
  • EXCHANGE RATE $81,6740

Cash available. Fidelity Printers and Refiners prices will be changing daily in relation to world market prices.


Contact FPR

No. 1 George Drive, Msasa, Harare, Email: [email protected], Telephone: +263 242-486670, +263 242-486694, +263 242-487131, +263 242-447810-5

Fidelity official gold buying prices Wednesday 4 October 2020

Fidelity Printers and Refiners (FPR) official gold buying prices Wednesday 4 October 2020

  • SG 90% AND ABOVE $54,91/g
  • SG ABOVE 85% BUT BELOW 90% $53,99/g
  • SG ABOVE 80% BUT BELOW 85% $ 52,76 /g
  • SG ABOVE 75% BUT BELOW 80% $52,15/g
  • SAMPLE BELOW 10g BUT ABOVE 5g $ 53,37/g
  • FIRE ASSY CASH $55,21/g
  • EXCHANGE RATE $81,6740

Cash available. Fidelity Printers and Refiners prices will be changing daily in relation to world market prices.


Contact FPR

No. 1 George Drive, Msasa, Harare, Email: [email protected], Telephone: +263 242-486670, +263 242-486694, +263 242-487131, +263 242-447810-5

Rushwaya cleared on secret nostro accounts

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  • Rushwaya cleared on secret Nostro accounts 
  • ZMF insiders accuse Philemon Mokuele of acting childishly
  • Names of those who may take over from Rushwaya pop up

Suspended Zimbabwe Miners Federation (ZMF) President Ms Henrietta Rushwaya has been cleared of allegations of opening secret Nostro accounts where miners allegedly deposited fees, Newsday reports.

An investigation conducted by a special committee set up by the federation established that the former ZIFA boss did not open any Nostro accounts without the knowledge of other ZMF members.

ZMF chairperson Makumba Nyenje on Tuesday confirmed that the probe exonerated Rushwaya of any wrongdoing.

“Actually, they are not secret accounts, they are accounts which they opened on behalf of the organisation. We discovered that they were waiting for other signatories to bring their documents. It is above board and no money has been deposited into the accounts,” Nyenje said.

The allegations of misuse of the nonexistent funds in the Nostro accounts were made public by Zimbabwe Miners Federation (ZMF) General Secretary Philemon Mokuele in a side interview with the sun news. Mokuele said that miners were depositing their fees in the accounts amid fears that the ZMF members could have been duped of thousands of US dollars in the clandestine operations.

Mokuele has since the arrest of Rushwaya been on an offense attacking the underfire suspended ZMF boss yet weeks ago he was pictured in numerous photos smiling with his hand across Rushwaya’s shoulder. ZMF insiders say Mokuele has been acting childishly and recklessly, throwing around unsubstantiated allegations, and has ambitions to become the Association’s leader.

ZMF is currently being led by an interim leader Mr. Marufu Sithole until Rushwaya’s case is concluded in the courts. Names of those who may replace the beleaguered ZMF boss have started popping up with Mugawu, Dosman Mangisi, Makumba Nyenje, being frequently mentioned.

Rushwaya was suspended from ZMF following her arrest at the Robert Gabriel Mugabe International Airport on Monday last week on suspicion of attempting to smuggle to Dubai more than 6kg of gold worth US$330 000.

Rushwaya has however claimed that she picked up the wrong bag with four gold bars instead of a similar bag with her clothes when she went to the airport.

Fidelity official gold buying prices Tuesday 3 October 2020

Fidelity Printers and Refiners (FPR) official gold buying prices Tuesday 3 October 2020

  • SG 90% AND ABOVE $54,38/g
  • SG ABOVE 85% BUT BELOW 90% $53,47/g
  • SG ABOVE 80% BUT BELOW 85% $ 52,25 /g
  • SG ABOVE 75% BUT BELOW 80% $51,64/g
  • SAMPLE BELOW 10g BUT ABOVE 5g $ 52,86/g
  • FIRE ASSY CASH $54,68/g
  • EXCHANGE RATE $81,3531

Cash available. Fidelity Printers and Refiners prices will be changing daily in relation to world market prices.


Contact FPR

No. 1 George Drive, Msasa, Harare, Email: [email protected], Telephone: +263 242-486670, +263 242-486694, +263 242-487131, +263 242-447810-5

Only a single body was exhumed at Task Mine

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  • Only Shingai Gwatidzo’s remains were exhumed and buried.
  • Four miners still remain underground.
  • Well-wishers can get in touch with Masviba on the number listed at the bottom of this post.

Contrary to reports from a local publication yesterday alleging that two bodies were exhumed at Task Mine only a single body was unearthed.

Task Mining Syndicate (Pvt) Ltd Chairman Timothy Masviba said that only one body was recovered contrary to Media reports alleging otherwise.

“Only one body was exhumed, we are yet to recover the rest,” said Masviba.

The body of Shingai Gwatidzo was laid to rest at Borgan Villa resettlement area in Mhondoro on Sunday.

Five artisanal small scale miners were trapped underground on the 8th of September 2020 when the mine shaft they were working on collapsed. There is no hope of finding any one of the four remaining, alive as it has been over 50 days since the dreadful accident.

Currently, there are reports that the rescuers downed tools and are demanding they be compensated monetarily before they resume searching for the four remaining miners underground.

Financing of the whole rescue mission is proving to be a tall order as the miners have to ensure the miners’ families who have camped at the mine are fed. The families at once numbered over a hundred a number which has now dwindled. Other expenses include PPE’s, rescuers allowances, coffins, transportation of final resting places and much more.

Task Mining Syndicate Chairman has since appealed for assistance from well-wishers for the rescue team and feeding the families no matter how small is welcome. Well-wishers can get in touch with the Task Mining Syndicate Chairman Mr. Timothy Masviba on +263 78 650 1026.

Magara to join Weir Group board in 2021

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Zimbabwean born Ben Magara and Srinivasan Venkatakrishnan will join the board of global engineering group Weir as non-executive directors from January 19, 2021.

Both Venkatakrishnan, who is popularly known as Venkat, and 2019’s most influential individual in Zimbabwe mining, Ben Magara have extensive experience leading global mining businesses, Weir said in a statement on November 2.

Venkat previously served as CEO of both Vedanta Resources and AngloGold Ashanti, while Magara had been CEO of platinum producer Lonmin, after having previously held a number of senior roles at Anglo American.

Appointed Lonmin boss in July 2013 at the world’s third-largest platinum mining company, Magara was tasked with improving industrial relations and guiding the platinum miner’s turnaround strategy after strikes the prior year triggered violence which killed 46 people including 34 strikers shot dead by police in a single day at its Marikana mine. After a four-year turnaround strategy, Lonmin under Magara made a profit of R1,4billion. Lonmin was later in 2019 sold for US$400million.

Magara has a degree in Mining Engineering from the University of Zimbabwe.

Remains of 20 year old miner to be laid to rest tommorrow

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Shingai Gwatidzo one of the miners who lost his life underground at Task Mine after a shaft collapse’s remains have been retrieved and will be laid to rest tomorrow morning.

Shingai’s father who has been on-site from the day of the announcement of the unfortunate news said the journey has been difficult but he is thankful his son will finally be laid to rest.

“We are on our way going home with Shingai’s body and burial will be tomorrow morning. Thanks for your support and l pray kuti vana vawanikwe,” Mr Gwatidzo said.

Shingai Gwatidzo was a form four student who decided to spend his time making extra money when schools were shut down due to the COVID-19 pandemic lock-down.

Constantino Dzinoreva (47), Charles Mutume (31), and brothers Crynos Nyamukanga (44) Munashe Christian (17) remains have not yet been retrieved from the underground since the 8th of September 2020 but signs are positive as the five “Task Five” worked as a team.

Task Mining Syndicate (Pvt) Ltd Chairman Mr. Timothy Masviba said the journey has been tough but spirited efforts, resilience and determination have finally brought results.

He also appealed for help from well-wishers in getting help with burial expenses, coffins, food for rescuers and families.

See Video Interview below as Masviba narrates the difficult journey to date:-