Business Reporter
Zimbabwean businesswoman Dr Chiedza Kambasha has been confirmed by the high-tech Swiss company Ricochet Satellite Technology (RST) as its sole African new licence holder and practitioner until 2022. The RST technology enhances countries capacity to quantify their mineral reserves, ascertain effects of global pattern in terms of exploration as well as establishing an industry linked with real time data.
Dr Kambasha becomes the youngest and first practitioner of African descent to hold the world class licence.
The 32-year-old entrepreneur is part of a group of licence holders with all continents represented by exceptionally experienced candidates selected from a pool of 80 000 potential holders.
Ricochet Satellite Technology has been at the forefront of cutting edge 5D and Radar Satellite Technology designed by German engineers and Swiss-British scientists.
“The coming year is expected to be the year in which governments and conglomerates are able to expand operations across mining, agriculture, education, energy and healthcare using the latest technology towards value addition and building equity while growing a sustainable base and a great Return on Investment.
“In mining, nations will be in a position to quantify and explore mineral reserves with precision and cut costs which usually rise into billions of dollars,” said RST in a statement.
RST said reduction in exploration and other pre-mining costs will allow nations and companies to spend more on the actual mining and/or beneficiation of the minerals.
Other licence holders include Australian Matthew Gosford Miller while Asia is represented by Mr Lee-Hong mae Jin Ping.
Europe will be represented by Mrs Louis Brackenbury while Professor Madison Hasso is the licence holder for the Americas.
Ricochet Satellite Technology was established in 1995 by German engineers and British scientists in Luxembourg.
RST pioneered the Capri satellite that has been a key igniter in frequency used in the telecoms and nano-satellite solutions used in precision processes in multi-faceted industry globally.
RST selects licence holders/practitioners every five years from a global pool of over 80 000 applicants who undergo rigorous tests and practice-based exercises to which their selection is made by its board of directors, stakeholders and the private investors that have funded developments in the technology since 1995 in excess of £112 billion to date.
Practitioners are selected according to their industry expertise, educational and cultural background, age and health examination reports, Ricochet Satellite Technology works with world-leading scientists and experts to continue to make a meaningful contribution towards a sustainable future which technology is a significant element.
Dr Kambasha said Zimbabwe has been struggling to obtain valuable data on oil and natural gas reserves and the coming of RST technology is a turning point in separating factual speculation to actual data.
She said the prospecting of hydrocarbons in Zimbabwe is nothing new and accountability should be the common denominator.



