adminUS$32m boost for Hwange
Martin Kadzere Senior Business Reporter
HWANGE Colliery Company has concluded mining equipment supply facilities worth US$32 million as the company seeks to boost output.Substantial deposits for the new equipment and machinery have been made and delivery is expected by the end of June, chairman Mr Farai Mutangamira said.
Zimplats files objection over claims
ZIMPLATS, the country’s largest platinum firm says it has lodged an objection against the Government’s intention to acquire over 28 000 hectares of its idle claims.
Last month, the Government repossessed 27 948 hectares of Zimplats ground for allocation to other investors.
Zim to get US$440m
Golden Sibanda Senior Business Reporter
ZIMBABWE is set to receive US$440 million in lines of credit from India to support projects identified by the Industrial Development Corporation.This is the culmination of talks concluded yesterday with the signing of a bilateral agreement signed in Harare.
BAT trustees notarise deed
Business Editor
TRUSTEES of the British American Tobacco Zimbabwe Tobacco Empowerment Trust yesterday notarised the deed of trust formalising the operations of the empowerment vehicle that will benefit thousands of tobacco growers, particularly women and the youth.
Sharks can only watch
JOHANNESBURG. — The Sharks will spend the Easter Weekend watching the rugby on television while banking their four Vodacom Super Rugby log points for the bye, and the Cheetahs shouldn’t be challenged by the Rebels, but it’s set to be a testing Saturday for the Stormers and the Bulls.Proteas get their prize
JOHANNESBURG. — Proteas captain Graeme Smith said yesterday he was honoured and humbled to receive the prestigious Reliance ICC Test Championship mace and prize money on behalf of all South Africans.
Rory gets Masters thumbs up
HOUSTON. — The two people that know Rory McIlroy’s golf game the best, his long-time coach Michael Bannon and short-game specialist, Dave Stockton, have given McIlroy a resounding vote of confidence ahead of next month’s Masters.David Haye announces comeback
MANCHESTER. — Former WBA heavyweight champion David Haye has grown tired of waiting for a challenge from either of the Klitschko brothers to arrive. Haye, 32, announced his comeback at a press conference in London yesterday and will fight an as-yet-unnamed opponent at Manchester Arena on June 29.Landless in the land of the brave
Namibia’s national anthem includes these lyrics: “Namibia, land of the brave/ Freedom fight we have won/ Glory to their bravery/ Whose blood waters our freedom.” But today — 23 years after independence from apartheid South Africa — very few indigenous Namibians own land in the “Land of the Brave”.