Connect with us

Hi, what are you looking for?

LOCAL NEWS

Kuvimba Mining at odds with traditional authorities in Mberengwa over lithium claims

Kuvimba Mining at odds with traditional authorities in Mberengwa over lithium claims

Harare | One of the country’s largest mining businesses, Kuvimba Mining House, whose foundation was marred by scandal, is at odds with traditional elders in Midlands region, Express Mail Zim can disclose.

According to close sources, the mining conglomerate overstepped lithium mining restrictions in Mberengwa, where they took over the Sandawana mine.

Traditional elders, including Chief Chingoma, Chief Mposi, Chief Mapiravana, and Chief Mposi, have expressed concern that the miner is depriving youngsters and villages who are not profiting from the area’s abundant resources.

”The chiefs met last week to map way forward over the bullying by Kuvimba and resolved or rather are contemplating to air their griviances to the presidium when they visit the province on August 10,” said our impeccable source.

It is also alleged that Kuvimba colluded with police to seize mining equipment from youths in the Mberengwa community, depriving them of their rights and ore, in direct contravention of President Emmerson Mnangagwa’s NDS1 and sustainable development and youth empowerment policies.

Advertisement. Scroll to continue reading.

Kuvimba controls a diverse range of assets, either as the sole owner or as a substantial shareholder.

Freda Rebecca gold mine is one of the entities. Bindura Nickel Corporation, Jena Mines, Sandawana Mine, and Great Dyke investments are only a few examples.

The mine’s ownership has also been kept hidden, despite the fact that the government holds a share in the corporation through a public-private partnership.

However, some speculative stories have linked it to businessman Kuda Tagwirei, an allegation that corporate officials have refuted.

Documents, including leaked correspondence between executives and shareholders, show that weeks after Tagwirei was sanctioned by the US, his Mauritius-based Sotic International began planning to shift its assets to a newly formed holding company – Ziwa Resources.

Advertisement. Scroll to continue reading.

Ziwa is the partnership’s sole private shareholder in Kuvimba.

Efforts to obtain feedback from the company’s young CEO, Simba Chinyemba, a trained actuary, were futile since he did not answer to queries emailed to him last week and did not pick up phone calls made to his cell number.

More | ZiMetro News

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Catch More Updates Below

Advertisement