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Zanu-PF to unleash blitz on mining companies

by Staff reporter
19 Dec 2014 at 08:06hrs | Views

Zanu-PF is early next year expected to launch a blitz on mining companies that have not contributed to the community share ownership schemes launched last year.

This comes amid reports that most companies pledged to fund the community ownership share schemes, but are still to pay even a cent to the schemes.

Last year, President Robert Mugabe launched the Masvingo $3 million community share ownership trust, but one year down the line, the firms are yet to remit money for the schemes.

Zaka Central legislator and Zanu-PF interim provincial interim chair Paradzai Chakona said among the companies that pledged are Tongaat Hullet, Bikita Minerals, Steelmakers and Rio Zim's Renco Mine.

He accused his predecessor in the Zanu PF provincial leadership of "sabotaging" the share ownership schemes.

Source - newsday