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We have four newspapers: The Zimbabwe Independent, a business weekly published every Friday, The Standard, a weekly published every Sunday, and Southern and NewsDay, our daily newspapers. Each has an online edition.
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Zimbabwe’s mining industry badly needs significant capital injection, with the gold sector alone needing US$1 billion in capex, according to the Chamber of Mines of Zimbabwe (CoMZ).
These limitations have left most sectors of the economy vulnerable to loadshedding and erratic supply, despite the government’s efforts to stabilise the sector.
It was against this background that we did not find the latest report by the Chamber of Mines of Zimbabwe (CoMZ) last week indicating the job carnage surprising.
Currently, the Chamber of Mines of Zimbabwe is hosting its annual congress, which includes discussions on opportunities presented by the surging gold prices.