ACF invests $220m, eyes diamonds

ACF invests $220m, eyes diamonds
The panel discussion. FLTR: Mr Tshepo Mahloele, CEO of Harith General Partners, Ashruf Kaka, National Project Director of African Chrome Fields, Honourable Winston Chitando, Zimbabwe Minister of Mines and Mining Development & Mr Rafiq Bagus, CEO of Morning Tide Investments.
Published: 01 March 2018
ONE of the country's growing resource outfits, African Chrome Fields (ACF), says it has invested over $200 million at its Midlands operations in the past three years, and is now scouting for diamond and gold assets.

ACF national director, Ashruf Kaka, told delegates at the Zimbabwe Mining Investment Conference 2018 yesterday that the firm's investments had created 1 200 jobs in the country.

A further 5 500 people had indirectly benefited from the project, he said, reiterating President Emmerson Mnangagwa's assurance that investments were safe in Zimbabwe, which is battling to reform unfriendly policies.
- fingaz
Tags: ACF,

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