The leader of the Enlightened Christian Gathering (ECG) church, Prophet Shepherd Bushiri, launched his mining company – Shepherd Bushiri (SB) Mining in Ndola on tuesday, 13 september.
The mine which is located in Ndola is a joint venture between Shepherd Bushiri and Malabwe Mines Ltd, with Bushiri as the major shareholder.
Malabwe Mines has been operating for some time but it was dormant for a long period due to non availability of enough funds to help the mining activities.
“Our friends have been there for long but had financial challenges and that is the reason they approached the Shepherd Bushiri Mining few months ago for financial assistance (as an investor). The result is this venture in the name of Shepherd Bushiri Mining being here,” explained Nicholas Muluzi, Project Manager for Shepherd Bushiri Investment.
According to Muluzi, this particular mine is expected to produce a number of minerals including emeralds. According to the mine documents, the whole mining area and expected minerals is valued at $1.2 billion USD.
Speaking at the event, Prophet Bushiri assured the workers and all people gathered that he will give them good working conditions and better social responsibility in that order.
He then anointed the place and prayed for everyone who was present at the event.
The Billionaire Prophet is also expected to officiate the launch of his mobile company called PSB Network on surtaday 17 in Johannesburg.