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*Sakunda Holdings rescues Ministry of Mines with $10 million loan* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?qt Sakunda Holdings have agreed to loan the Ministry of Mines and Mining Development $10 million through the Zimbabwe Mining Development Corporation (ZMDC). The money will be used for the recapitalisation of Jena and Sabi Mines. The ministry negotiated for financial rescue of the two mines. This will save at least 500 jobs and increase gold production. An official from the Ministry of Mines spoke to Harare Post and said: ---------- Latest itel S24 available on Pindula: 128GB storage $119 USD WhatsApp +263783450793 ---------- > I can confirm the last I saw from our records was that Sakunda had agreed on to loan the Ministry of Mines and Mining Development through ZMDC US$5 million for the recapitalisation of Jena Mine. I am not sure whether the same investor then increased the loan to also cater for Sabi Mine More: Harare Post itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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