Mimosa Mine in Zvishavane handed over 600 housing units to its employees. This is part of the company’s efforts to improve the welfare and living conditions of its workforce. The houses which were built in partnership with FBC Bank will be sold to the employees as a 15-year mortgage with zero deposit.
Mimosa company executive chairman, Winston Chitando said:
The houses will be sold on a zero deposit, zero transfer fees basis and in terms of the current exercise, we will be seeing 600 houses transferring ownership and cumulatively with the first phase we did comes to a total of 1 516 houses, which are changing ownership.
This development is testimony to the mine’s dedication towards development of its employees and a contribution to the country’s socio-economic agenda as espoused in ZimAsset