Women in Mining

A South African company called Ferme Afrique Holdings has recently signed a $100 million diamond mining joint venture project with Women in Mining and the Zimbabwe Mining Development Corporation. Women in Mining are affiliated to the Zimbabwe Artisanal and Small-Scale Mining Council (ZASMC), which was instrumental in securing investors into the diamond deal .

The deal can be been seen as a major achievement especially taking into consideration that Zimbabwe is targeting to archive gender equality at least by 2015.

It will see women getting empowered after so many years of repression. Also, besides, the project is expected to alleviate unemployment which is high in Zimbabwe since it will open job opportunities for women.

The project is in conformity with the Indigenisation and Economic Empowerment Act, which stipulates that all foreign-owned entities with an annual turnover exceeding $500 000 should cede 51 percent equity to the locals.

Femme Afrique Holdings is a women empowerment organisation and its core business is investing in resources, skills and expertise in infrastructure development project.

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