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NewsDay

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Zimplats land formally seized

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THE government yesterday formally acquired 28 000 hectares of land belonging to Zimplats Holdings Limited.

THE government yesterday formally acquired 28 000 hectares of land belonging to Zimplats Holdings Limited.

Report by Nqobile Bhebhe

Last month, Mines and Mining Development minister Obert Mpofu announced that the government was repossessing unutilised mining ground from Zimplats with the aim of renting out the land to new investors.

According to yesterday’s Government Gazette, “any person having an interest or right to the land who wishes to contest the acquisition of the land should lodge a written objection with the acquiring authority within thirty days from the date of publication” of the notice.

Mpofu said the land held by the mining giant would be reallocated to five potential investors in a bid to widen revenue generated from the white metal.