By ZBC Reporter
President Robert Mugabe yesterday officiated the launch of the National Gold Company of Zimbabwe, a private gold producer, developer and explorer.
Speaking at a launch dinner hosted by company executives and investors at a private venue in Harare, President Mugabe commended the efforts given by company directors in collaborating with external investors, stressing the importance of investing in the country’s gold mining sector.
“Government is committed to delivering to the nation through supporting and working together well with the private sector, and I encourage you to remain committed to economic development through investments into the sector, creating jobs and contributing to economic prosperity,” he said.
The National Gold Company of Zimbabwe (Pvt) Ltd is a rising Zimbabwean gold producer, developer and explorer set to capitalize on the country’s rich and under-explored gold reserves for growth and development.
The company will operate at its flagship gold mine 170km north of Harare and also explore deposits in need of further exploration, development and investment, the company employs over 100 employees through direct and indirect jobs.
It aims to strengthen the contribution of the gold mining sector to economic development and plans to achieve this by scaling up the production of gold from its main assets.
Company CEO, Jason Swanepoel Zhuwao (24), founded the company early this year together with investors with a clear objective to help the country attain a multibillion-dollar mining economy.