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Govt trains 500 small scale miners

by Stephen Jakes
23 Feb 2016 at 05:40hrs | Views
Minister of Small and Medium Enterprises and Cooperatives Development Sithembiso Nyoni has said his ministry last year trained 500 small scale miners  especially youth in various parts of the country on how to run their business enterprises.

Speaking in parliament Nyoni said  the Ministry is assisting SMEs in mining to grow their business through the following ways  such as business Management Training in areas such as bookkeeping, financial literacy, business planning, project proposal writing, costing, business registration among other aspects of business.

"In 2015 Hon. Speaker, my Ministry trained 500 small scale miners, especially youths from the following districts; Shamva, Bindura, Mazowe, Umzingwane, Mberengwa, Shurugwi, Umguza, Bubi and Zvishavane," she said.

"Cooperative development: Small scale miners are being organised to form mining cooperatives where they pool their resources together. The Ministry has registered over 35 cooperatives that are into mining. Registering them into cooperatives is a way of formalizing them and it becomes easier for them to access support in terms of loans and equipment facilities."

  She said as a result of these support areas that the Ministry has put in place, the contribution of SMEs into the gold input that is being sold through Fidelity has increased.

Source - Byo24News