Thursday, 13 March 2014

CONSTRUCTION of the Zimbabwe Diamond Technology Centre (ZDTC) faces a major hurdle after companies involved in the construction of the hub downed tools, before proceeding to sue the centre owner, Lovemore Kurotwi, over non-payment of US$5 million in fees and interest,this infor l got from the Financial Gazette.

Billed as a critical contributory component in the nation’s minerals beneficiation plan, one of the key elements upon which the success of the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (Zim Asset) is hinged, a lot is riding on the successful and timeous completion of the centre.

Located in Mt. Hampden, on the outskirts of Harare, the centre has an initial plan to house 500 factories. will these survive to save sucha large number of workers and pay them well? with each of the factories expected to employ 200 cutters and polishers as well as more workers for ancillary services.

does this mean that the unemployement rate will decrease and the poverty dertame line will raise? 

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