Latest Breaking News On - Kuvimba mining house private - Page 2 : comparemela.com

By Alois Vinga ZIMBABWE Stock Exchange (ZSE) listed nickel miner, Bindura Nickel Corporation has transferred $3 billion worth of shares to the new purchaser believed to have close links with business tycoon, Kuda Tagwireyi. This follows Sotic International Ltd, a Mauritius-based firm’s finalisation of a 74.73% stake acquisition in the company (BNC) from Asa Resource Group Plc. Sotic owns Zimbabwe’s Landela Mining Venture Ltd and is linked to Kuda Tagwireyi, one of President Emmerson Mnangagwa’s close allies and adviser who also has investments in chrome mining, fuel, agriculture and banking sectors of the country. An update to shareholders by the BNC company secretary Conrad Mukanganga this week said the Tagwireyi linked firm, Sotic nominated its preferred company to receive the shares.

Mashonaland centralKuda tagwireyiConrad mukangangaAlois vingaEmmerson mnangagwaMwana africaKuvimba mining house privateZimbabwe landela mining venture ltdStock exchangeAsa gold to kuvimba mining house privateBindura nickel corporationAsa resource group plcSotic international ltdSpread thisAsa resource groupLandela mining venture ltd