Zimbabwe giants Highlanders have received approval from the country’s Ministry of Mines and Mining Development to start mining operations in Matabeleland North.
The gold mining claim is in Inyathi, Bubi District, some 70km from the second largest city Bulawayo where Highlanders is based, and is expected to ease the club’s financial woes.
Highlanders chairman Kenneth Mhlophe, pictured below, confirmed the development.
“We received all the paperwork on Monday, meaning we are now good to go.
“This is a great income-generating initiative for the club. and I am almost certain that this mining claim will improve our cash flow, as we try to turn the club into a successful business,” he told Chronicle.
The mining venture is a first by a football club in Zimbabwe and is aimed at improving the club’s liquidity.
Members and well-wishers have helped Bosso stay afloat during the Covid-19 lockdown by buying groceries for and paying players and coaches’ wages after the club lost principal sponsor NetOne.
Besides losing their sponsor, the club also lost some of its players including chief striker Prince Dube, who was sold to Tanzanian side Azam, Denzel Khumalo and Brian Banda who joined League champions FC Platinum.
Highlanders recently secured a three-year deal with England-based sportswear provider On The Ball (OTB) worth US$100 000 per year for the supply of new playing and training kits as well as replica jerseys for fans.
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By FARPost Reporter