Agricultural workers, who are among the least paid workers in the country, are to receive the new minimum wages of $23 070 for the lowest paid and $44 934 for the highest paid with effect from July.
Though the government had said it had concluded its land acquisition programme and was now consolidating it, more farms continue to be listed for acquisition.
Zimbabwe planned to embark on a fast-track land reform programme prior to 1997 long before the formation of the opposition Movement for Democratic Change and the nation’s refusal to sanction a new constitution which most media analysts allege sparked the government’s onslaught on mainly white commercial farmers as a form of retribution for supporting the No vote.
Gold production at Ashanti, which has mines in Ghana, Tanzania and Zimbabwe dropped slightly last year from 1 656 784 ounces in 2001 to 1 621 919 ounces last year.
Construction company Murray and Roberts had a good start to the current year with net profit for the first half increasing by 516 percent from $270 million to $1.7 billion.
Despite the worsening economic situation which saw inflation rise from 116.7 percent in January to 198.9 percent in December, Southern African Reinsurance Company (SARE) had encouraging results with net profit increasing 226 percent from $58.2 million to $189.4 million.