Zimbabwe is planning to release one million hectares of protected land to small-scale gold miners across the country to boost production, Mines and Development deputy minister, Fred Moyo has said, a development that threatens wildlife areas.
United States ambassador Christopher Dell, who most people believe was posted to Zimbabwe in 2004 to effect regime change, said President Robert Mugabe has survived for so long because he is “more clever and more ruthless” than any other politician in Zimbabwe.
Agro-industrial group CFI Holdings traded at 31.05 cents, 41 percent above Stalap’s minority offer price of 22 cents, raising the possibility of a bidding war among shareholders defending their interests in the agro-industrial group.
A Zimbabwean farmers’ union leader warned white South African farmers they should agree a deal to share land with the black majority before they suffer the same fate as neighbours in Zimbabwe who were violently removed from their properties.
Movement for Democratic Change-Tsvangirai Shadow Minister of Finance Tapiwa Mashakada has commended Finance Minister Patrick Chinamasa for his hard work and said if other government ministers worked as hard as him, Zimbabwe would turn around.
The Zimbabwe Stock Exchange industrial index advanced 0.82 percent to close the week on 200.04 points, its highest point in 30 months.