Great Dyke Investments (GDI)

  • Business Briefs

    Tagwirei eyes big money by controlling RBZ’s Fidelity Printers

    Business kingpin Kudakwashe Tagwirei, under United States sanctions since August, aims to expand his commanding stake in Zimbabwe’s gold industry – and could end up taking control of the country’s sole gold refinery and marketer, Africa Confidential understands. President Emmerson Mnangagwa and Reserve Bank governor John Mangudya are working on a plan to break up Fidelity Printers and Refiners, the arm of the central bank that is officially the…

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  • Business Briefs

    Foreign entities can now fully own mines in Zimbabwe

    GOVERNMENT has “deleted” an amendment to the Finance Act which had given it the power to control at least 51% ownership in mining entities. The government had enacted under its laws a section that gave the minister of mines, in consultation with the minister of finance, powers to secure 51% in any chosen mine house through an appropriate designated entity…

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  • Business Briefs

    Kuda Tagwirei-linked Great Dyke Investments gets tax exemption

    GOVERNMENT has exempted platinum miner Great Dyke Investments (GDI) from paying income tax for the next five years.  GDI is 50% owned by local consortium Landela and Afromet JSC, wholly owned by Russia’s investment and industrial group Vi Holding, which has spearheaded the Darwendale project since its inception in 2013.  According to CNBC Africa, Landela is majority-owned by Kudakwashe Tagwirei,…

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