Youth League calls for Bikita, Renco mines to indigenise

29 Sep, 2015 - 00:09 0 Views
Youth League calls for Bikita, Renco mines to indigenise Cde Pupurai Togarepi

The Herald

Cde Pupurai Togarepi

Cde Pupurai Togarepi

Masvingo Bureau
The Zanu-PF Youth League has implored Government to speedily indigenise Bikita Minerals and Renco mines in Masvingo saying the ownership structure at the two mines was shrouded in secrecy.

The call comes in the wake of accusations against management at the two mining firms for trying to frustrate Government’s indigenisation drive by refusing to make any contributions to the Masvingo Community Share Ownership Trust.

Bikita Minerals operates the largest and only lithium mine in Africa while Renco Mine is the biggest gold producer in Masvingo province.

zanu-pf secretary for Youth Cde Pupurai Togarepi on Sunday said it was time Government moved to indigenise the two mining firms.

He said the mining firms were resisting to comply with the country’s indigenisation and economic empowerment law.

“Our appeal to Government is that something must be urgently done to indigenise Bikita Minerals and Renco Mine because as we speak right now, the two firms have been digging in and refusing to comply with the indigenisation policy,’’ he said.

“We do not even know the ownership structure at these two mining companies and Government should urgently do something so that local communities at least get something from these companies,’’ he added.

Cde Togarepi said the zanu-pf Youth League would never tolerate political bigwigs who try to shield some big companies from complying with the indigenisation and empowerment law.

He said youths were also supposed to get shares in some of these big companies that were taking away the country’s resources without ploughing back something to the local community.

Renco Mine and Bikita Minerals are two of the six companies in Masvingo that are under fire in the province for failing to fulfil their community share ownership scheme obligations despite an earlier pledge to splurge a combined $1,5 million about three years ago.

Only Murowa Diamond Mine partly honoured its pledge after releasing $300 000 to the Chivi Community Share Ownership Scheme out of the $500 000 that it promised to pay.

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