Zimbabwe moves to acquire Zimplats land

Zimbabwe's cash strapped government has moved to a step closer to compulsory acquire 28000 hectares f mining land at Kadoma held by Zimplats in a development that is likely to put the country on a collision course with foreign investors.

President Robert Mugabe who has of late been in softening stance -on Friday gazetted general notice 407 of 2016 showing his aim in forcibly acquire the mining land.

This was after the non-agrarian- leader in July this year sued Zimplats for objecting to the government's compulsory acquisition of its land.

The land which is held by Zimplats under a special mining lase has been lying idle for year and government intends o to acquire land and reallocate it to prospective miners who are keen on extracting platinum for the country's economic growth.