African Global Capital keen to invest in mining

 

By Golden Sibanda

 

SOUTH Africa-based investment firm, African Global Capital, believes now is the time to invest in the local mining industry to avoid losing opportunities to suitors also eyeing the sector.

African Global Capital?s Ian Benning told Herald Business in an interview that although there still is some uncertainty over mining and empowerment legislation, there was no need to delay any investments.

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Business Reporter

ZIMBABWE?S fastest-growing supermarket chain Shoppa Stoppa has rolled out 14 outlets in the last 12 months, sinking in US$3,5 million in the process.

Shoppa Stoppa now runs 15 supermarkets across the country with three more set to open in Bulawayo, Masvingo and Gokwe before year-end.

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The Republic of Zimbabwe is an independent country in Southern Africa, well endowed with mineral, agricultural and other resources, which have created opportunities for the growth of resource-based industrial activities.

 

The inclusive government has crafted an Economic Revival Framework outlined in a document referred to as Short Term Economic Recovery Programme ("STERP"). This document articulates Zimbabwe's collective vision as the country progresses economically.

 

The Zimbabwe economy developed from 1950 to 2000 into a highly diversified market based economy.

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