Muchabayiwa .N Chitongo

Harare (ZAF)
Role(s):
Founder/Owner/Principal

Venture Mining Pvt Ltd

Find More Startups Startup
Location: Harare
Industry: Investing
Year Founded: 2002
Number Employees: 100-250 people
Business Stage: Creation/Idea
Entity Type: Limited Liability Company
Description: My name is Muchabayiwa Nomore (URL removed)n in wedza District of Zimbabwe I a m a Former Banker ,and agribusiness excutive and I am currently business excutive with my management Consultants Firm Nkosi Management Consutants pbc. However I have a registered ten gold reef mine about 25 kilometers from harare city (URL removed)arding to this mine i give 10% share holding to Mr Freedom Magwaza (URL removed) self I Dicided to Remain with 50% share holding .I a m willing to give 40% share holding in exchange of capital injection of USD 50million, to get the mine started if you are ready to invest. Can we meet you any day of Choice (URL removed)ase note that the Gold mine Pegged for 10 gold Reef in Mazoe Area off Old Mazoe Road ,Zimbabwe. It is my view that we can meet here in Zimbabwe Meilkles hotel also you can have access to see the mine and all documents pertaining to (URL removed)o we can open a bank account for the mine together with Standard Chartered bank if you need a detailed budget for the mine i can also supply you. Please note that i had acquired this mine since 2002 but I did not explore start operations. We formed the company name for the mine known as venture mining Pbc but now after finding the investor we have to update all details of board of Directors. Now we are expecting to do the first phase of the project by this December (URL removed)refore are you ready to meet us here in Zimbabwe for face to face meeting and physical witness of the mine as well as seeing where the funds are to be invested. Here we are ready to meet you any day from today meikles hotel (URL removed)n confirm with us or else if you may send your representative it will be fine. If you are serious and ready to invest Please let us know and the amount you are willing to invest into the business please let me be frank with you this mine is my own mine the only challenge is that i dont have the funds to kick-start the business therefore are you ready and willing to invest with us we have also access to another different Gold mine Here in (URL removed)n the decision is yours we were planning to start all other related start up costs on 1 November 2016. If we get any one interesting and (URL removed)ards Dear Sir My name is Muchabayiwa Nomore Chitongo. My Partner is Freedom Magwaza. We are all Zimbabweans and Christians. Myself I am 53 years old and my partner is 24 years old now. Myself I a m the CEO of the company and my partner is the Finance Director of the Company. I a m the core owner of the mine now I have 90% shareholding of my Gold mine and my Partner Freedom Magwaza owns 10% of the mine now I a m willing to part away with 40% shareholding to anyone who can inject the initial much needed 50 million to kick start the project. Everything has now been arranged only the capital left. We had already arranged with the Chinese company to supply us with all the machinery to mine our gold those Chinese are already here in Zimbabwe for physical inspection of the site and arrangements to establish the plant at the site. Please note that I acquired the mine in 2002 then from there I didn’t do any operations at my mine then they are some legal fees which needs to be paid before we do our operations (URL removed)tunately all the start up costs are within the budgeted 50 million everything has been catered for. Again the company we had formed Venture Mining Pvt (Ltd) it needs to be updated through incorporating your name Position in the company as well as share holding you have. Once all have been done we can open a new bank account with Standard Chartered Bank. Please note all this cannot take us long we have been approved by the central Bank of Zimbabwe, Zimbabwe Investment Authority as well as Indigenisation Department of Zimbabwe.