mining sector.jpgLocal mining stakeholders attending the forthcoming four day long ‘Investing in Africa Mining Indaba’ to be hosted by South Africa, have been urged to utilise the platform to attract investment in the sector, by entering into business partnerships with the international investors.

The annual ‘Investing in Africa Mining Indaba’, which is one of the largest gathering for mining’s most influential stakeholders and decision-makers, will be held in Cape Town South Africa from the 7th to the 11th of February and is set to attract 4 500 delegates from across the world.

Zimbabwe Miners Federation National Chairman, Mr. Edzayi Kufandarerwa, believes the country’s mining industry which has attracted significant attention from the international community, stands to benefit from the indaba as far as attracting investment and capacity building is concerned.

 
The Mining Indaba which comes at the back of recovery in the sector, as well as firming metal prices on the international market due to the recovery of many developed economies, will centre on developments in the industry, commodities outlook and social investment.

 
Zimbabwe has recently revised its growth rate target to between 10% and 12% from the initial 9.3%  attributed to the upturn  in the mining sector which is envisaged to increase gold, platinum and diamond output in this year.