Browsing: Zimbabwean economy

Once again, Heijin was at the centre of another dispute. This time around, it was displacing more villagers in Murehwa. Murehwa is a village in Mashonaland East province.

This time around, it affected up to 100 families. As with the example above, the company received a special mining grant to mine black granite in the area. The mining claim sits on a densely populated place covering between 200 & 300 hectares.

Due to the presence of granite in the area, Chinese companies are laying siege on the province. All this to get their hands on the rare and lucrative stone. Heijin’s newest intrusion follows another bloody battle between Mutoko and Shanghai Haoying Mining Investments villagers.

They have claims to mine black granite, which was. At the same time, Shanghai Haoying has compensated households who would lose their home due to mining activities. The Chinecompany’sy’s plans to establish operations in the …

Oude Meester the alcoholic spirits brand once carried an advert many years ago that described the life trajectory of a successful businessman or businesswoman in a leading South African business weekly. In that advert was a picture of a bottle of brandy and its image was a timeline of the journey a businessperson takes starting right at the bottom when his or her entrepreneurial journey begins having started a business, grows that business, listing it on the Johannesburg Stock Exchange and then culminates in that individual running for president of the country. 

The advert drew its context from the times. Back then Cyril Ramaphosa and Tokyo Sexwale, political stalwarts within the establishment of the African National Congress had taken sabbaticals from the political sphere and had gone on to achieve notable success in the private sector. Both men had expressed ambition for the presidency. Only one of these men succeed …