adminCall on cotton farmers to increase production
Cotton ginners should target to reach a production capacity of one million tonnes per annum up from the current 370 000 tonnes to increase profitability for farmers, a senior government official said on Friday.
Nkomo, Dabengwa clash over Zambezi water project
Chronicle Reporter
A fresh war of words has erupted between Water Resources and Management Minister Samuel Sipepa Nkomo and the Matabeleland Zambezi Water Trust (MZWT), with the latter accusing the former of frustrating his fundraising activities for the National Matabeleland Zambezi Water Project (NMZWP).
Two weeks ago Minister Nkomo announced that the Government had engaged China in a $900 million deal that would see the completion of the Gwayi-Shangani
Dam, a major component of the 450km pipeline, in the next three years.
Although the Government has taken over the implementation of the NMZWP from MZWT, the trust’s chairman, Dr Dumiso Dabengwa, last Thursday claimed his organisation still holds the keys to its success.
He spoke against the Chinese deal, saying the trust had managed to raise funding for the project but would not say how much had been raised, when and whom the funders were.
The NMZWP, which is estimated to cost about $1, 2 billion, was mooted in 1912. Since then successive governments have tried to implement it without much success due to inadequate funding.
Firms urged to partner foreign investors
Business ReporterLocal companies facing financial challenges must consider joint ventures with foreign partners, an official has said.
Blanket Mine production doubles
Business ReporterCaledonia Mining Corporation’s after- tax profits jumped 733 percent to more than $12 million last year as production at its Blanket Mine in Gwanda doubled to 35 862 ounces up from 17 707 ounces produced in 2010.
Gweru to introduce water rationing
Midlands CorrespondentGWERU City Council will soon introduce water rationing schedules in all areas to allow water to reach all high-lying places, the city’s deputy mayor, Councillor Taurai Demo has said.
Absa Capital downgrades Anglo American
SOUTH Africa’s political environment remains a concern for mining companies, Absa Capital said and downgraded Anglo American, citing the diversified miner’s inability to “unbundle its platinum business”.
Win over Rangers gives Bosso hope
Sports Reporter
HIGHLANDERS coach Kelvin Kaindu says the 4-0 win over Blue Rangers in the Castle Lager Premier Soccer League match played at Barbourfields Stadium on Sunday made them see light ahead while the weekend’s surprise package Quelaton are bemoaning a red card given to their player.
Preach indigenisation, sovereignty to our youths
By Moamed MurejaTwo factors are essential to the progress of any African country — sovereignty and black empowerment.
These ideals form part of the continent’s furnishings, not as political gimmicks, but as the symbols of total independence and black empowerment through economic indigenisation. And Zimbabwe has been the major driver of indigenisation on the continent without fear of retribution from neo-colonial devils. From the standpoint of those whose main interests and those whose bread is buttered by the colonial devils, they have looked at our indigenisation policy blindly.
Five-a-side national team named
By Ricky ZililoSEVEN Southern Region players made it into the final 18 of the national five-a-side team that will take on Sudan in the first leg of the Futsal World Cup qualifier in Chitungwiza at the weekend.
Tsvangirai on polls
Harare BureauPRIME Minister Morgan Tsvangirai yesterday admitted the country would hold harmonised general elections using the Lancaster House constitution if the draft constitution is rejected by people in a referendum.