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Mystery Of Sanctioned Tagwirei's Assets In Zimbabwe Revival Plan


Bloomberg News
In December, the government of Zimbabwe announced a multibillion-dollar project called Kuvimba Mining House Ltd. that would hold some of the nation’s most valuable gold, platinum, chrome and nickel mines and whose revenue would be used to revive the country’s moribund economy.
The venture would be 65% owned by the government and 35% by private investors, Finance Minister Mthuli Ncube said in a January interview, predicting it would be “highly profitable” within two years.
President Emmerson Mnangagwa said in December the venture will help “in unlocking the inherent richness and value of our country’s mineral deposits,” according to the state-controlled Herald newspaper. ....

United States , Mashonaland Central , South Africa , Western Cape , Great Dyke , Zimbabwe General , Cayman Islands , South African , Emmerson Mnangagwa , Tara Oconnor , George Guvamatanga , David Brown , Amardeep Sharma , Robert Mugabe , Mthuli Ncube , Kudakwashe Tagwirei , Christopher Fourie , Sakunda Holdings , International Monetary Fund , Almas Global Opportunity Fund , Pfimbi Ltd , Bindura Nickel Corp , Puma Energy Ltd , Kuvimba Mining House Ltd , Almas Capital Ltd , Almas Fund ,

A welcome boost for Zim's economy?


There are big plans for two mining interests in Zimbabwe; GDI and Kuvimba.
David Brown’s association with Zimbabwe’s mining sector dates to his six years as CEO of Impala Platinum (Implats), which ended in 2012. During that time, he met with then president Robert Mugabe to end a dispute between the government and Implats regarding certain mineral rights.
Brown is now back in the country as non-
executive chairman of Great Dyke Investments
(GDI), a company backed by private Russian
interests that is hoping to raise $550m for a
platinum group metals (PGM) mine, Darwendale.
His day job, however, is with another entity, an emergent gold miner, Kuvimba Mining House, a rather grandiloquent-sounding company that has the support of Zimbabwean President Emmerson Mnangagwa. ....

Mashonaland Central , Cayman Islands , Zimbabwe General , Freda Rebecca , Kudakwashe Tagwirei , Mzi Khumalo , Almas Global Opportunity Fund , Metallon Corporation , Bindura Nickel Corporation , Quorus Management Services , Quorus Management , Simba Chinyemba , மஷோனலண்ட் மைய , கேமன் தீவுகள் , ஸிஂபாப்வே ஜநரல் , ஃப்ரெடா ரிபேக்க , அல்மாஸ் உலகளாவிய வாய்ப்பு நிதி , பிந்துரா நிக்கல் நிறுவனம் ,