Published: 02 March 2018

Competitiveness of Zimbabwe’s mining sector is under scrutiny in terms of attracting investors on the back of capital equipment gaps, access to finance, fluctuating global commodity prices and delays on the amendment of the Mines and Minerals Bill.                 

Zimbabwe boasts of vast mineral deposits and reserves however it is the ability of the nation to compete with other economies based on its mineral resource strength that is under scrutiny, according to Global Solutions director Mr Edward Murray.                              

Global fluctuating mineral prices are also hindering planning and production targets for investors notes mining engineer Mr Peter Mutsinya.        

Costs involved in the extraction sector in light of the multi currency regime are of concern to investors, adds Chamber of Mines past president Mr Roy Pitchford.

There is also investors concerns centred on delays in the amendment of the Mines and Minerals Bill noted Growth Mentors International chairman Mr Cliff Chafausipo.

With investors inquiring on possible opportunities in the resources sector, Zimbabwe is being called on to pursue an aggressive marketing system that ensures it does not miss out on the opportunities. 
- zbc

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