Mine-Entra dates set

THE Zimbabwe International Trade Fair (ZITF) has slated November 1 to 3 for this year’s Mine-Entra Exhibition with 169 director exhibitors having already signed up.

In 2019, government set an annual mining income target of US$12 billion by the end of this year which hinged on improved government support and increased foreign direct investment (FDI).

However, in the Chamber of Mines of Zimbabwe’s (CoMZ) 2022 annual report it was revealed that the mining industry was expected to fall short of the US$12 billion mark by around 42%, weighed down by high costs, power outages and foreign currency shortages.

This story is for NewsDay subscribers.