News / Regional
Mugabe launches Gwanda Community Trust
18 May 2012 at 16:46hrs | Views
President Robert Mugabe has launched the Gwanda Community Share Ownership Trust in the Matabeleland South provincial capital.
PCC cement manufacturing company and mining companies like Blanket and Jezi Mine contributed seed money of over US$8.5 million to the Gwanda community, while the Canadian-owned Vumbachigwe Mine pulled out, a move castigated by government.
President Mugabe said the community share ownership trust is the best way to emancipate Zimbabweans saying there is no going back on the indigenisation and economic empowerment drive.
Chief Matema received share certificates and a US$5 million cheque from PCC cement manufacturing company.
Turning to the on-going constitution making process, President Mugabe expressed his displeasure at the unnecessary delays in the exercise.
He said information reaching his office to the effect that Copac drafters want to change the colours of the flag and the national anthem is regretable and will not see the light of the day saying the national anthem and the flag depict aspects of the liberation war.
President Mugabe said the drafters also want to accommodate homosexuality in the new constitution against the will of the people.
He urged Zimbabweans to remain united to fight imperialistic ideas.
PCC cement manufacturing company and mining companies like Blanket and Jezi Mine contributed seed money of over US$8.5 million to the Gwanda community, while the Canadian-owned Vumbachigwe Mine pulled out, a move castigated by government.
President Mugabe said the community share ownership trust is the best way to emancipate Zimbabweans saying there is no going back on the indigenisation and economic empowerment drive.
Chief Matema received share certificates and a US$5 million cheque from PCC cement manufacturing company.
He said information reaching his office to the effect that Copac drafters want to change the colours of the flag and the national anthem is regretable and will not see the light of the day saying the national anthem and the flag depict aspects of the liberation war.
President Mugabe said the drafters also want to accommodate homosexuality in the new constitution against the will of the people.
He urged Zimbabweans to remain united to fight imperialistic ideas.
Source - Zbc
