SA automobile firm to set up plant in Zimbabwe

Zimbabwe has opened high-level discussions with a major, but unnamed South African automobile parts producing company, which is interested in setting up a catalytic converters manufacturing plant in the country, according to Mines and Mining Development Minister Winston Chitando.

This comes as the Government is also working on a grand scheme of growing the mining sector from the current $3 billion to $12 billion industry by 2023, and expand its contribution towards attaining President Mnangagwa's Vision 2030, of transforming Zimbabwe into a middle-income country with per capita income of above $3 500.

More to follow...