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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?me 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: ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > 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 _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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