GOLD DELIVERY TARGET UNCHANGED SAYS ZIMBABWE MINERS FEDERATION.
Written by yafmnews on July 12, 2019
The Zimbabwe Miners Federation says 40-tonne gold target for this year remains unchanged even though production has been affected negatively by the economic situation in the country.
In an interview with Great Dyke News’ Savemore Sithole ZMF Chief Executive Officer Wellington Takavarasha said the federation is working with several stakeholders to avert obstacles that could hinder meeting the target.
Government has this year set an ambitious gold delivery target of 40 tonnes. Gold deliveries to Zimbabwe’s sole gold buyer Fidelity Printers and Refiners fell by 20 percent to 10,8 tonnes in the first five months of 2019 from 13.59 tonnes during the same period last year resulting from suspected smuggling and crippling foreign currency and power shortages.
The Legislator for Silobela Constituency, Manoki Mpofu has urged the government to further decentralize depots for maize to ease transport costs being incurred by villagers.
He indicated that his constituents are traveling to areas as far as Nkayi to buy maize at the nearest depots.
He went on to highlight that the drought situation has been compounded by water shortages.
A program to resuscitate broken down boreholes has been derailed by inflation, as only 7 boreholes have been revived out of more than 300 boreholes requiring attention constituency-wide.
We conclude with regional news in South Africa where – A court is expected to pass judgment in the trial of former President Jacob Zuma’s son Duduzane, who is facing culpable homicide and negligent driving charges.
His lawyers have asked the court to acquit him on all charges because of insufficient evidence.
In 2014, Zuma’s Porsche crashed into a taxi in Sandton, instantly killing a passenger.
Initially, the National Prosecuting Authority declined to press charges.
But this decision was reviewed last year after AfriForum announced its intention to institute a private prosecution.