The Zimbabwe Miners Federation (ZMF) through its Special Purpose Vehicle called FS Mining (Pvt) Ltd has put into action a strategic vehicle purchase scheme which will be launched on Thursday.
Two years ago, ZMF signed a motor vehicle and mobile mining machinery on flexible payment terms with Fiore international. The signing of the deal saw Ali Japan786 committing to bring in vehicles for distribution to the small-scale miners.
Small scale Miners will get vehicles of their choice payable in 3monthly instalments.
The scheme aimed at capacitating small scale miners in their quest to ramp up production in line with the Government’s vision of growing mining to a US$12 billion industry by 2023.
According to ZMF Chief Executive Officer Mr Wellington Takavarasha, the FS Mining Vehicle Purchase Scheme launch event will be held at the ZRP Golf Club.
“The Zimbabwe Miners Federation, through its Special Purpose Vehicle called FS Mining (Pvt) Ltd, will be officially launching the FS Mining Vehicle Purchase Scheme on the 9th of June 2022 at the ZRP Golf Club. This scheme is meant to benefit the ZMF members,” Takavarasha said.
The Mines and Mining Development Minister Hon Winston Chitando who is also the ZMF patron will grace the FS Mining Vehicle Purchase Scheme launch on Thursday together with top government officials, miners and ZMF stakeholders.
“May I take this opportunity to invite you to this very important function which will be attended by the Minister of Mines and Mining Development, Honourable Winston Chitando who will be the Guest of Honour. The function will also be attended by top government officials, miners and ZMF stakeholders,” Mr Takavarasha said.