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Zimbaqua Mine is ‘Breaking Bias’ in male-dominated mining industry in Zimbabwe. See how

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In what appears to be a first of its kind in Africa in a male-dominated industry like mining, Zimbabwe’s Zimbaqua mine is recruiting an all-female workforce.

The mine, which is located near Karoi, a town 200 km northwest of the capital Harare, is changing the lives of women in the region. providing relief to the plight of women in the region, most of which are unemployed.

The percentage of female employment as modeled by ILO estimate in Zimbabwe was reported at 1.891 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources.

“My family suffered a great deal before I joined the mine,” said Sylvia Mugova, a miner and mother of five. “My children were consistently suspended from school due to lack of fees. My husband does not work. We also take care of my mother-in-law. All I wanted was an opportunity to provide for my family, and mining has given me that.” Mugova said further.

“I no longer have to bother the father of my children because I am paying school fees for the two of my children who are in primary school,” said another female miner, Shupi Kabudura, 33, who became a miner after fleeing an abusive husband with her three children.

According to the Mine manager Rumbidzai Gwinji, “Zimbaqua is setting a new standard for mining. The project is elevating the community by providing solutions for women. The ladies no longer wait and hope that the husband will put a meal on the table. For single mothers, there is no better security than a reliable source of income. They can now take care of the children, send them to school and feed them. They are now stable financially,” she shared.

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Ivory Coast aims regional shipping hub, completes $953 million container terminal

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West African country, Ivory Coast is making waves at becoming a regional shipping hub as it has completed construction of a second container terminal at its main port in Abidjan.

The project, financed by China’s Eximbank by 85% and 15% by the Ivorian state costs about 596 billion CFA francs ($953 million).

The new container terminal, called Cote d’Ivoire Terminal (CIT), started operations on Nov. 1 but was officially unveiled at a press conference on Friday. It is able to receive large ships from Asia, Europe, and America that previously had to land goods in South Africa, transferring them to smaller ships to reach West Africa.

The technical director of the terminal Andre N’Doli, remarked “we are no longer a second port. We are becoming a hub,”

“In addition to national traffic, we will handle traffic from other ports that cannot accommodate large vessels,” he told reporters.

According to official data, there has been growth in recent years in the country’s maritime sector. Ivory Coast shipped goods worth USD 12,717 million in 2019, an -8.5% dip as compared to the previous year.

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Ghana makes strong push to save currency, Cedi, orders mining companies to sell 20% stock

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As part of its many initiatives to out of its current economic challenge, Ghana has ordered all large-scale mining companies to sell 20% of their entire stock.

The gold rich country wants the companies to pay the Bank of Ghana with refined gold at their refineries from Jan. 1, 2023.

According to Vice-President, Mahamudu Bawumia said in a social media post on Friday, the government is planning a new policy where gold rather than U.S. dollar reserves will be used to buy oil products.

The move is meant to tackle dwindling foreign currency reserves coupled with the demand for dollars by oil importers, which is weakening the local cedi and increasing living costs.

“The Bank of Ghana and the Precious Minerals Marketing Company (PMMC) will coordinate with the large-scale mining companies to ensure compliance with this directive,” the vice-president said.

“The gold to be purchased by the Bank of Ghana and the PMMC will be in cedis at spot price with no discounts,” he added.

The VP further revealed that community mining schemes and licensed small-scale miners will also have to sell gold to the government.

Statista reports that gold reserves in Ghana stood at a volume of 8.74 metric tons from the first quarter of 2015 to the third quarter of 2021.

Moreover, gold mine production in the country reached a volume of 150 metric tons in 2020, an increase compared to the previous year. Ghana did not suspend its production of gold in 2020 amid the coronavirus (COVID-19) pandemic.

Ghana hinted at the Gold for payment policy in May but the continued fall to a point of being rated worst in the world demands pragmatic measures. Hopefully, the gold-for-pay policy will bring some solace.

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