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Kuvimba primed to anchor key mining projects


David Brown
IN 2019, the Government launched a roadmap to grow the mining sector to US$12 billion by 2023 through leveraging on the country’s diverse mineral wealth.
Some critics described the plan as over-ambitious as it was likely to be stymied by lack of foreign direct investment, inefficient utilities, poor transportation, particularly rail, and lack of skills and competencies.
However, the Government, in partnership with foreign investors, has come up with a strategy to take the lead in driving investment in the mining sector following the establishment of Kuvimba Mining House an anchor company likely to be a game-changer.
Currently, the Government holds 65 percent in the venture, while foreign investors own the remainder. ....

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