Walter Chidhakwa

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Walter Chidhakwa
Walter Chidhakwa
Walter Chidhakwa
Residence Zimbabwe
Education
Occupation
  • Politician
  • Organization Ministry of Mines and Mining Development
    Known for Politics
    Home town Zvimba
    Predecessor Obert Mpofu
    Political party
    ZANU-PF


    Walter Chidhakwa is the current Minister of Mines and Mining Development as well as legislator for Zvimba South. He belongs to the ruling ZANU-PF party. Chidhakwa worked extensively in a number of companies before joining active politics.

    Education

    Chidhakwa received secondary education at Kutama Secondary School. He attained the following tertiary qualifications from the respective universities.

    • Diploma in National Economic Management (Sofia University, Bulgaria)
    • Masters in International Relations (University of Zimbabwe)
    • Masters in Political Economy (Sofia University, Bulgaria)[1]

    Impact on Mining Sector

    Chidhakwa took over from Obert Mpofu who previously served as minister whilst he was his deputy. Chidhakwa has been hailed for making adjustments in the mining sector which include reviewing downwards licence fees levied on diamond cutters and polishers from US$100 000 annually to US$20 000 for a period of 10 years as a way of creating an enabling operating environment for players within the processing value chain of diamonds [2] The move by Minister Chidhakwa was in response to the sharp decline in the number of polishers which declined from 29 to nine after the operating fees had been hiked by 400%. The minister argued that value addition to natural resources is the fastest way to trigger the economy so that revenue realised in value-added products can benefit other critical service sectors.[2]

    The minister also facilitated a loan facility between the Zimbabwean and Chinese governments worth 100 million dollars which was aimed at capacitating small scale gold miners.[3]

    Positions previously held

    • Chief Executive Officer: Export Processing Zone Authority (1996-2007)
    • Chairman: TelOne Zimbabwe
    • Administrative Officer: Ministry of Finance (1991-1993)


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    References

    1. Walter Chidhakwa, KuvakaZim, Retrieved: November 11, 2014
    2. 2.0 2.1 Patience Rusare, Sweeping changes in mining sector, The Patriot, Published: February 20, 2014, Retrieved: November 19, 2014
    3. $100m miners’ loan due this month, The Zimbabwe Mail, Published: August 5, 2014, Retrieved: November 19, 2014