Mining Claims can now be used as collateral when borrowing – CBZ
Mining claim can now be used as collateral when one borrows from CBZ.
Speaking at the Zimbabwe Miners Federation (ZMF) event currently underway at Odyssey in Kadoma CBZ Bank representative Mr Foster Mxoli said viable mining claims with proper reports can be used as collateral when one intends to borrow money from the bank. He however emphasized the need for miners to conduct proper exploration and said the facility is only available to registered miners thus those with mining titles.
He also said the bank has introduced a miners desk which is ready to serve miners across the country.
More to follow
