Treasury avails $5 million to MPC

Treasury avails $5 million to MPC
Published: 06 May 2014

Treasury has availed $5 million capital to the Ministry of Mines and Mining Development to enable the Mining Promotion Corporation to start operations.

The newly formed MPC will ensure an increase in exploration activities and development of an inventory of bankable projects that can be marketed to potential local and international investors.

Commissioning the MPC board yesterday, Mines and Mining Development Minister Walter Chidhakwa said government was ready to create a platform for exploration and mineral development.

Mines and Mineral Development Permanent Secretary Professor Francis Gudyanga will chair the board on interim basis.

The other board members are David Murangari, Ambrose Made, Amon Murwira, Bertha Muzangaza, Brains Muchemwa, Mabasa Hawadi and Catherine Machokoto.
- herald
Tags: Chidhakwa,


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