MIMOSA mine in Zvishavane has handed over 600 housing units to its employees as part of the company’s efforts to improve the working conditions and welfare of its workers.
BY STAFF REPORTER
Speaking at the handover ceremony last Friday, company executive chairman, Winston Chitando said at least 1 516 houses will change ownership from the platinum mine to employees.
The houses, built in partnership with FBC Bank, will see beneficiaries given up to 15 years to settle mortgage.
“The houses will be sold on a zero deposit, zero transfer fees basis and in terms of the current exercise, we will be seeing 600 houses transferring ownership and cumulatively with the first phase we did comes to a total of 1 516 houses, which are changing ownership,” he said.
“This development is testimony to the mine’s dedication towards development of its employees and a contribution to the country’s socio-economic agenda as espoused in ZimAsset.”
Keep Reading
- Chamisa under fire over US$120K donation
- Mavhunga puts DeMbare into Chibuku quarterfinals
- Pension funds bet on Cabora Bassa oilfields
- Councils defy govt fire tender directive
Guest speaker, Finance minister Patrick Chinamasa hailed Mimosa for taking measures to motivate workers through creating a conducive environment by providing a vital basic need of shelter.
He called on other companies to emulate Mimosa’s gesture by doing more for their employees.
“Shelter ranks second in basic needs for humans. You cannot be a sea of prosperity in the midst of poverty, your investments will not be safe. You protect your investments by working closely with those who surround you. I hope other companies can emulate what you have done,” he said.