– management stealing left, right and center The once bustling Wankie Colliery Company, which was taken over by the government from the giant Anglo-American Corporation, is now making losses.
– only political intervention can save it The proposed vehicle assembly joint venture between Italian company, Fiat, and the Harare-based Zimbabwe Automotive Industries which was launched with pomp and ceremony at the Zimbabwe International Trade Fair in 1990 seems to be collapsing.
Roy Lander, chairman of Anglo-American Corporation and several other companies in Zimbabwe, is going places.
For the past 11 years Zimbabweans have thronged to the National Sports Stadium -or before its construction to Rufaro Stadium- on April 18 to celebrate the country’s independence anniversary.
The present excessive supply of all meat products will lead to a protracted period of severe shortages later this year, the First Merchant Bank has warned.