President to launch US$15m cattle-ranching project in Mhondoro

President Emmerson Mnangagwa is in Mhondoro-Ngezi to launch a US$15 million Zimplats-Palmline Investments cattle ranching project today.

The project, a joint partnership between Zimplats and Palmline Holdings, is expected to benefit communities around the area.

It’s expected to contribute 30% towards closing the current milk supply gap, to restore production levels to the 120 million litres national requirement.

Zimplats is hosting the launch of the US$15m cattle ranching project situated within its mining lease in Mhondoro-Ngezi. It is a joint venture project operating under the name Palmline Investments.