Uncategorized

Rautenbach wings clipped

NewsDay Staff ·

Rautenbach wings clipped

The adoption of mandatory blending of ethanol by some economic powerhouses could have come as a rude awakening for Zimbabwe’s capital-starved government. Report by Bernard Mpofu  Chief Business Reporter
Locally, a similar project had been put on hold amid growing controversy over its implementation.

 
When Zimbabwe resumed production of biofuels extracted from ethanol following an estimated $600 million investment, many would have thought that the multi-million dollar project in Chisumbanje would have attracted huge foreign currency inflows through exports.

This story is for NewsDay subscribers.

Discover more from Newsday

Subscribe now to keep reading and get access to the full archive.

Continue reading