• Home
  • Radio
  • TV
  • Advertisement
  • Disclaimer
  • Public Notice
    • Opinion
  • New Africa Business News
  • Contact
  • Log In
facebook
    • News
    • Business
    • Video
    • Entertainment
    • Sport
    • Jobs
    • Government
    • Immigrants
    • Investment
    • Gallery
      • Animal
      • Africa Map
    • NGO
    BREAKING NEWS
    East African Community Unveils Bioeconomic Strategy for the next Decade
    Africa Exchange Fair Trade Limited (AFEX) Expands Into Kenya, Target High Commodities Trading While Bolstering the Continent’s Food Security
    Ghana & Nigeria to Improve Cross-Border Trade
    Tanzania Seeks to Reach New Record Cashew Production by 2025
    Nestle Nigeria Capitalized Rural Women to enable Financial Capacity and boosting Standard of Living
    World Trade Organization published…Trade plays an Important facet in Access to Medical, Goods and Services
    African Development Bank Group President Calls for More Partnerships to Build Africa’s Social Infrastructure
    Ghana, Key Stakeholders: Sign a Renewable Energy Agreement Worth US$69.88 Million to Improve Access and Socio-Economic Development
    Africa Development Bank Approves $1.5 Billion Facility to Counter Food Crisis on the Continent
    Sh32 Billion of Phase 2 of Second Container Terminal of the Kenya Ports Authority at the Port of Mombasa is finished off and…commissioning in June of 2022

    Zimbabwe in Preparedness for ICDA Conference in New Delhi

    Posted On 16 Oct 2019
    By : New Africa Business News, Staff Correspondent
    Comment: 0

    By Abdul Rahman Suagibu –

    Zimbabwe National Flag
    Photo Credit: Wikipedia

    NEW AFRICA BUSINESS NEWS, Freetown, Sierra Leone- Zimbabwe has bent on telling its story to the international community and by extension; to woo investors to the Southern Africa nation. This is in concert with the upcoming International Chromium Development Association (ICDA) conference in India.

    The conference, which will be held in New Delhi in November, 2019 will galvanizes all the real participants in the Chromium Industry – miners, smelters, stainless steel makers, financiers as well as suppliers of machinery and other raw materials.

    Zimbabwe’s responsibility in the chrome sector cannot be over emphasized, as it is home to the world’s second largest chrome reserves after South Africa. And its participation at the conference will help Zimbabwe showcase what the country has to offer, its rich mineral wealth as well as present an opportunity for development and investment in the country’s mining sector.

    Polite Kambamura – Mines and Mining Development Deputy Minister opined that, it is a fine atmosphere to network with giants in the industry, share knowledge on latest trends as well as new technologies necessary for improving operations.

    “All players in the chrome industry gather together, share ideas, technology and new markets,” he said in an interview after tour of two of the country’s top smelters — Afrochine in Ngezi and Jin An in Gweru. The tours were in preparation for the ICDA conference.

    “This is where we are able to interact with potential investors as well as get appreciation of new technologies like the ones here -Jin An which is the first of its kind here in Zimbabwe,” he noted.

    Deputy Minister Kambamura said: “We are going to India following the conference which we hosted in Victoria Falls. There have been a lot of negative reports about Zimbabwe but we showed the world that we are open for business.

    “All the players came in and discovered we have lots of resources. The international community had first-hand information from investors such as Karo Resources, Afrochine, Jin An and all the other chrome smelters around the country. So this one is an opportunity for us to project Zimbabwe in positive light.”

    Zimbabwe has the second largest chrome ore resource at an estimated 900 million tonnes while global resources are at 7.5 billion tonnes.

    In 2018 Zimbabwe produced an estimated 1, 358 million tonnes of ore against a global total of 33,7 million that’s accounting for 4 percent of global output.

    More exploration in the sector is required creating scope for the country to encourage more investors in the sector.

    www.newafricabusinessnews.com
    Africa’s Most Read and Fastest Growing Global Newspaper. Forward to All www.newafricabusinessnews.com  

    For New Africa Business News Abdul Rahman Suagibu Reports,  Africa Correspondent

    Facebook: newafricabusinessnews.com

    Email: Info@newafricabusinessnews.com

    AFRICA’S MOST READ AND FASTEST GROWING GLOBAL NEWSPAPER – www.newafricabusinessnews.com

     

    NEW AFRICA BUSINESS NEWS
    COMING SOON ADVERTISING OPPORTUNITY WITH AFRICA’S FASTEST GROWING GLOBAL ONLINE NEWSPAPER. THANK TO COMPANIES THAT WANT TO ADVERTISE.   INFO@NEWAFRICABUSINESSNEWS.COM.

    About the Author
    New Africa Business News Staff Correspondent
    • google-share
    Previous Story

    Ghanaians, Re-registration all SIM Cards by June 2020

    Next Story

    South Africa, Government Intends to Construct 600 Commuter Trains with $ 60 Billion

    Leave a Reply Cancel reply

    *
    *

    Members Area

    • Members Log In

    RECENT

    POPULAR

    COMMENTS

    East African Community Unveils Bioeconomic Strategy for the next Decade

    Posted On 29 Jun 2022

    Africa Exchange Fair Trade Limited (AFEX) Expands Into Kenya, Target High Commodities Trading While Bolstering the Continent's Food Security

    Posted On 24 Jun 2022

    Ghana & Nigeria to Improve Cross-Border Trade

    Posted On 21 Jun 2022

    New Africa Business News, Person of the Year 2021-2022, Goes to African Women

    Posted On 29 Jan 2022

    New Africa Business News Award Medalist of Excellence as Africa's President of the Year 2020-2021 meets the Heads of his Ancestors on March 17th, 2021 Samia Suluhu Hassan divulged

    Posted On 20 Mar 2021

    New Africa Business News, Person of the Year 2020-2021, Goes to Dr. Arikana Chihombori Quao

    Posted On 01 Jan 2021

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Facebook

    Latest Posts

    East African Community Unveils Bioeconomic Strategy for the next Decade

    Africa Exchange Fair Trade Limited (AFEX) Expands Into Kenya, Target High Commodities Trading While Bolstering the Continent's Food Security

    Ghana & Nigeria to Improve Cross-Border Trade

    Recent Posts

    • East African Community Unveils Bioeconomic Strategy for the next Decade
    • Africa Exchange Fair Trade Limited (AFEX) Expands Into Kenya, Target High Commodities Trading While Bolstering the Continent’s Food Security
    • Ghana & Nigeria to Improve Cross-Border Trade
    • Tanzania Seeks to Reach New Record Cashew Production by 2025
    • Nestle Nigeria Capitalized Rural Women to enable Financial Capacity and boosting Standard of Living

    Categories

    • Business
    • Education
    • Entertainment
    • Featured
    • Government
    • Immigrants
    • Investment
    • News
    • NGO
    • Obituary
    • Opinion
    • Public Notice
    • Sport
    • Video

    Tag Cloud

    african economy business africa

    Contact Form

    1. Name *
      * Please enter your name
    2. Email *
      * Please enter a valid email address
    3. Message *
      * Please enter message
    Copyright 2019 New Africa Business News, Inc. A Global International Company, Inc. All Rights Reserved.