CCC members wreak havoc in Masvingo
Political Reporter
Citizens Coalition for Change (CCC) members caused chaos in Masvingo yesterday when they were violently campaigning for their party ahead of the 2023 elections.
Political Reporter
Citizens Coalition for Change (CCC) members caused chaos in Masvingo yesterday when they were violently campaigning for their party ahead of the 2023 elections.
Staff Reporter
Mashonaland West Minister of State for Provincial Affairs and Devolution, Mary Mliswa has reiterated the Government mantra that no one and no place should be left behind in accessing Government empowerment programs.
Staff Reporter
Zimbabweans in the diaspora protested against illegal sanctions imposed on Zimbabwe by the United States (US) and its allies, at the just ended 77th Session of the United Nations General Assembly (UNGA77) in New York yesterday.
Political Reporter
Citizens Coalition for Change (CCC) interim secretary general, Charlton Hwende, is reportedly fomenting factionalism within that party plotting to impose his clique as 2023 election candidates.
Staff Reporter
Mega Market (Pvt) Ltd in Mutare is set to commission a flour milling plant next month, a development that is set to see the reduction of bread price in the country.
Staff Reporter
Turkish investors have been urged to take advantage of the agricultural and mining boom in Zimbabwe which sustained global shocks induced by Covid 19 and the Russo-Ukrainian war.
Staff Reporter
President Mnangagwa yesterday challenged the United Nations (UN) to institute programmes aimed at lifting the generality of the global citizenry out of poverty.
Staff Reporter
Zimbabwe’s elephant population could drop significantly due to Zambian elephant meat poachers, Harare Post can reveal.
Staff Reporter
President Mnangagwa has reiterated that Zimbabwe was a peace loving country that harbours no ambition to be an enemy to any State.
US$15m injection to resuscitate DWTL
operations expected March next year
Staff Reporter
Government has promised to resuscitate David White Head Textiles Limited (DWTL) in March next year as the nation gears towards attaining its Vision 2030, Harare Post has learnt.
A source revealed that DWTL would be resuming operations next year in March following an injection of US$15 million from an Indian investor, Agri Value Chain Zimbabwe (AVCZ).
“The Second Republic under the administration of President Emmerson Mnangagwa is making us proud. Investors continue to trickle in the country because of its policies. The policies of the administration of President Mnangagwa have boosted confidence in the global world.
“David White Head Textile Limited (DWTL) is now expected to resume operations next year in March. Praduman Ganediwal, an Indian investor would be resuscitating the textile company through his company called Agri Value Chain Zimbabwe. Ganediwal has so far injected US$15 million to DWTL through the purchase of modern equipment,” revealed the source.
The source revealed that so far, the old equipment has since been removed from the DWTL Company and would soon be replaced with new high-performance modern equipment. He added that the majority of the new equipment had already been received at the company premises with the remainder expected by end of this month.
DWTL is made up of the Kadoma spinning division and the Chegutu fabric factory.
The revival of DWTL would see an increase in the number of the company`s workforce. Currently there are about one hundred employees at the company which used to employ 1 500 people at its peak.
According to the source, the company would first resume weaving and fabric dying for the domestic and export market. The source further said that the company would resume supplies of fabric to the Zimbabwe National Army, Zimbabwe Republic Police and the Prison Services for the production of their respective uniforms.
DWTL, through its investor AVCZ, has ginneries in Rushinga, Checheche, Glendale, Chegutu and Sanyati.
Economic analysts have commended this positive development highlighting that it would boost the economy through creating employment opportunities as well as increasing foreign currency earnings from exports adding that the Government would also benefit from corporate and income tax receipts.