By Dumisani Ndlovu
One of the fast growing Zimbabwean Company, Chenxi Chengetai Investments is set to spread its wings to other African countries.
The company’s General Manager Tsvangirayi Simon Karimanzira said this at the recent official handover of Zanu Pf Offices in Shurugwi.
“Chenxi Chengetai Investments is a gold mining joint venture company whose global footprint extends to Asian countries such as Myanmar, Indonesia and Singapore. Currently our eyes are set on establishing gold mines in African countries such as DRC, Tanzania and Ghana.
In Zimbabwe, Chenxi Chengetai Investments began its operations on the 12th of April 2019 in Mutoko Mashonaland East Province.
“Our vision is to be an exemplary and sustainable world-class gold mining company that competes with leaders locally, regionally and globally,”Karimanzira added.
Speaking at the same event, Minister of State for Provincial Affair, Owen Ncube hailed the New Dispensation for continuously attracting investment across the globe in sectors which he said Zimbabwe have a comparative and competitive advantage such as mining, agriculture, manufacturing, tourism, construction with the Midlands Province having the highest Gross Domestic Product (GDP) growth in the country.
“The investments by Chenxi Chengetai Investments is a confirmation of the confidence investors have in Zimbabwe’s Investment Climate which guarantees security of investment”
“In this regard, Government has taken bold decision to implement Easy of Doing Business to accelerate Private Sector led socio-economic growth and development,” Honorable Ncube said.
In views of the above, Minister Ncube added that Chenxi Chengetai Investments through heap leaching, significantly contributes to employment, technology transfer and attainment of the US$12 billion mining economy by 2030.
