CAPE TOWN: Zim delegation markets mining industry

By Tafara Chikumira in Cape Town
THE ENERGY crisis affecting the SADC region came at the fore during an inter-ministerial conference held at the ongoing investing in African mining indaba underway in Cape Town South Africa with Zimbabwe saying there are vast opportunities to be accrued in the energy industry.
The Zimbabwean government has taken advantage of the ongoing international mining conference to tell the world of the vast opportunities that the country presents in the mining industry. Minister of Mines and Mining Development, Winston Chitando says the country could tap-in on the energy crisis affecting the region through exploration of its natural resources.
“We are saying whenever there is a crisis there tend to be opportunities. We are not cry babies but we are innovative people who are capable of coming up with ideas when the going gets tough. We have vast deposits of coal and gas which can be exploited to provide the much-needed energy in the region. To investors we are simply saying Zimbabwe is indeed open for business,” said Minister Chitando.
Deputy Minister of Foreign Affairs and International Trade, David Musabayana noted that the government continues to value investors by coming up with a number of policies that create a conducive environment for investors.
“The government continues to make sure that we put in place legislative frame work to protect investors and maintain peace in the country. One of the key ingredients to provide the groundwork for investment is peace. We continue to ensure that the environment is safe. We are also coming up with the mining and minerals bill which is also meant to ensure stability in the mining sector,” said the deputy minister.
The southern region is facing a huge energy deficit with the drying up of the Kariba dam worsening the situation as Zimbabwe and Zambia which relies on the dam for power generation had to be forced to import power to supplement the energy produced locally.