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*Mining Sector requires US$5 billion for resuscitation* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?bu Chamber of Mines of Zimbabwe has said that the country’s struggling mining sector requires at least US$5 billion to resuscitate it. The mining sector is one of the most taxed in the country has been in decline recording negative growth in the last two years. Isaac Kwesu, the chief executive of the Chamber of Mines of Zimbabwe said: ---------- Latest itel S24 available on Pindula: 128GB storage, 4GB RAM $119 USD WhatsApp: +263715068543 Calls: 0772464000 Buy Online: https://www.pindula.co.zw/market/itel-s24-128gb-22-20240426142756795795/?s=wanews ---------- > Our industry remains fragile notwithstanding output growth, we still have a high-cost structure compared to other mining jurisdictions, the operating costs characterised by a high electricity tariff, expensive funding and sub-optimal fiscal charges. More: Daily News _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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