Zimbabwe’s first mining explosives manufacturing plant at Intrachem in Kwekwe is almost complete, ZBC News reports.
This came out during the progress assessment tour of Intrachem industry in Kwekwe this Thursday by Cabinet ministers including Industry and Commerce Minister, Dr Sekai Nzenza. She said capacitation of local industries is government’s priority. Nzenza added:
I am pleased by the company’s progress; this initiative will help import substitution and will see the company as one of the best exporters of explosives…..
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Also speaking at the same event, Midlands Minister of State for Provincial Affairs and Devolution, Senator Larry Mavhima emphasised the importance of embracing provincial economic development through utilisation of local industries. Mavima said:
We want this industry not only to transform the mining sector only but also the Midlands province should benefit economically from the industry….
Meanwhile, Intrachem Chief executive officer, Mr Langton Nyandoro urged the government to continue supporting industrial growth which in turn would ascertain “more production..”
Mining is one of the strategic areas which the Zimbabwean government has identified as key in the resuscitation of the collapsed economy.
Zimbabwe last year launched a roadmap for the achievement of a US$12 billion mining industry in Zimbabwe by 2023, a 344% increase from US$2.7 billion in 2017.
Observers often bemoan the externalisation of minerals through the country’s porous borders, an issue that is believed to have robbed the country of billions of dollars in potential revenue.
More: ZBC News