Lake Gwayi-Shangani: Epic project debunks colonial legacy of barrenness

Source: The Herald – Breaking news. President Mnangagwa is taken on a tour of the construction site by ZINWA chief executive Engineer Taurai Maurukira (left) and Lands, Agriculture, Fisheries, Water and Rural Development Minister Dr Anxious Masuka Elliot Ziwira Senior Writer The mention of Gwayi and Shangani in Matabeleland Province evokes the colonial legacy of […]

Source: The Herald – Breaking news.

Lake Gwayi-Shangani: Epic project debunks colonial legacy of barrenness
President Mnangagwa is taken on a tour of the construction site by ZINWA chief executive Engineer Taurai Maurukira (left) and Lands, Agriculture, Fisheries, Water and Rural Development Minister Dr Anxious Masuka

Elliot Ziwira Senior Writer

The mention of Gwayi and Shangani in Matabeleland Province evokes the colonial legacy of ruthlessness incarnated in the displacement of indigenous people from their fertile ancestral soils to arid and barren areas derogatorily called Reserves and Tribal Trust Lands.

Essence of land to Africans

The Land Apportionment Act of 1931, amended 60 times to divide land ownership between blacks and whites, allocated white settlers more than 80 percent of the land, despite being in the minority (five percent), leaving blacks with only 20 percent, even though they were in the majority.

As history recalls, Gwayi and Shangani are synonymous with aridity, deprivation and colonial subjugation. Collective memory articulates the extent to which Africans lost, and how in less than six years of settler occupation, the Ndebele lost more than 21 million hectares of land, and were confined to hot, dry and tsetse-fly ridden reserves, unsuitable for human habitation.

Research has shown that in its broader context, land is more than a geographical space. In Rino Zhuwarara’s view, land is a source of wealth, pride, identity and spiritual connectedness.

To Africans the land is considered “mother”, therefore, it cannot be sold, bought or owned (Lan, 1985); and as the abode of the ancestors, it has a spiritual link (Zhuwarara, 2001).

The loss of land, and the displacement of the African people, including the Ndebele, to such barren areas like Gwayi and Shangani was compounded by the loss of cattle, an integral socio-economic symbol to them.

Chigwedere (2001: 33) maintains that between 1893 and March 1896, the Ndebele lost “anything from 100 000 to 200 000 cattle” to settlers, which were administered by “The Loot Committee” (ibid:29). Cattle stolen from the Shona and the Ndebele were used to start the Cold Storage Commission, and “these were the cattle borrowed by commercial farmers to start their own herds” (Chigwedere, 2001:32).

The dam wall

In the broader context, therefore, to Africans loss of land equates to loss of dignity, for without their land they are naked. It is in this multifarious aspect of the land, central to the controversies impeding collective heritage in Zimbabwe, that new lenses are required to correct past wrongs.

Indeed, it is in this varied reading of the land that the Lake Gwayi-Shangani project should be situated as a direct response to colonial displacement.

Water as a human right

The search for water is the quest for life, for without this life-giving resource human existence is meaningless. There is no brutality that beats the confinement of fellow human beings to an area devoid of water as the colonial juggernaut was determined to do.

Access to water is a human right as it does not only sustain life, but also plays a crucial role in socioeconomic growth, food and energy production, and ensuring healthy ecosystems.

Section 77 of the Constitution of Zimbabwe Amendment (No.20) Act of 2013 recognises every citizen’s right to safe, clean and potable water and sufficient food.

To protect the people’s collective struggle and to uphold its values, after Independence in 1980, the Government of Zimbabwe put in place policy frameworks that would withstand the vagaries of time.

To tap into large reservoirs of underground and surface water (with over 8 000 dams), which Zimbabwe is endowed with, the Second Republic, under President Mnangagwa, has made the construction and accomplishment of Lake Gwayi-Shangani a top priority in recognition of the right to water.

Therefore, the colonial legacy of barrenness is debunked through provision of water, a universal right, to communities previously considered insignificant by successive colonial governments.

Realising the dream

Perennial water shortages have been bogging the arid Matabeleland North Province and causing heartaches to residents of Bulawayo, Zimbabwe’s second largest city, for more than a century now.

Construction of the dam wall

In response to the bedeviling water shortages, the National Matabeleland Zambezi Water Project (NMZWP) was mooted in 1912, encompassing a dam and pipeline.  However, the project has remained aground under settler administration.

Although the project got Government attention in 2016, or thereabouts, the coming in of the Second Republic saw it receiving momentous financial support and political will to solve the water crisis in Bulawayo and the surrounding communities once and for all.

Since 2019, the Second Republic has committed resources towards the construction of the dam, which has a holding capacity of 650 million cubic metres of water, making it the third largest inland water body after Tugwi-Mukosi and Lake Mutirikwi, both in Masvingo Province.

To heighten the realisation of the dream, the Treasury allocated $4,5 billion for the project in the 2021 National Budget. This was aimed at ascertaining sustainable livelihoods in the Matabeleland region, rendered perennially arid.

The project is being funded by the Government through the Public Sector Investment Programme (PSIP) and implemented through the Zimbabwe National Water Authority (ZINWA). A Chinese company, China International Water and Electric Corporation (Pvt) Limited, is the contractor responsible for construction works, while ZINWA is the project manager.

At 70,2 percent completion, the dam located in Hwange District, about six kilometres downstream of the confluence of the Gwayi and Shangani rivers, a tributary to the Zambezi River, is envisioned to feed into the upcoming cropping season.

Completion of the dam will see the laying of a 252 kilometre pipeline from the water source to Bulawayo. The construction of another 122km pipeline linking the dam to the Zambezi River, will complete the NMZWP project.

The construction of the dam wall requires US$8 million per month, although ZINWA has come up with measures to cut down on costs. These include a roller-compacted concrete gravity dam that relies on its weight for stability. Also, in the construction process, cement is being substituted by fly ash, a waste product from coal combustion.

The dam wall will have an ogee-shaped overflow and a 200-metre long spillway, while the maximum depth of water will be 59 metres.

Who are the beneficiaries?

In the broader sense of development, all Zimbabweans are beneficiaries of the massive Lake Gwayi-Shangani project, because it feeds into the national agenda of achieving an empowered upper-middle income society by 2030.

The infrastructure development pillar, enshrined in National Development Strategy 1, is the foundation for the realisation of shared dreams in which inclusive economic transformation is fostered. This is why President Mnangagwa has been unwavering in his drive for high impact projects that leave no stone unturned in the people-oriented developmental trajectory.

In the first instance, the Lake Gwayi-Shangani construction, as part of the National Matabeleland Zambezi Water Project, has provided employment to scores of locals as 11 contractors have been engaged to work on the 252km Gwayi-Shangani-Bulawayo pipeline.

It is set to directly benefit hundreds of thousands of citizens in Bulawayo, Binga and Lupane districts, among others in the proximity of the proposed pipeline.

To residents of Bulawayo, the relief will be overwhelming, since a piping system that will enable the city to receive 220 megalitres per day is being laid out. This will be above the city’s daily water requirements of 165 megalitres.

Tenders are being allocated for the construction of a new water treatment plant in Cowdray Park, Bulawayo, as part of the National Matabeleland Zambezi Water Project.

Once the project is completed, the city’s supply dams in Matabeleland South Province will be weaned off, and channelled towards other needy areas.

Therefore, for Bulawayo residents seasons of water deficiencies, like colonialism and its machinations, are already in the past. It is envisaged that the lake will supply uninterrupted water to Bulawayo for the next 80 years.

As has been alluded earlier on, water permeates human existence, for it goes beyond sustenance of life to also foster socioeconomic growth, food and energy production, and ensuring healthy ecosystems.

Youths, women and the vulnerable from communities along the pipeline are not going to be eager watchers as the water haul passes through their villages, no!

They too will benefit as the Government has identified 10 000 hectares of irrigable land in the Hwange, Lupane and Binga districts of Matabeleland North Province to enhance food security.

This slots in with the Government’s efforts to capitalise on the country’s 365 000 hectares of arable land suitable for irrigation as a way of empowering communities, ensure food security and eradicate poverty.

The environs along the 252km pipeline from Gwayi to Bulawayo will soon become a luxuriant greenbelt, with flourishing irrigation projects demystifying the colonial footprint of barrenness.

With over 39,6 million hectares and complementary agro-climatic conditions, Zimbabwe can sustain over 23 types of food and cash crops plus a multiplicity of livestock species.

Hence, farmers in the vicinity of Lake Gwayi-Shangani, and along the pipeline will draw water for their livestock, in addition to cropping.

Furthermore, the project will see a 10MW hydroelectric power station being established on site, thus boosting electricity generation for locals.

In addition to downstream economic activities, the Gwayi-Shangani Dam is anticipated to boost the tourism sector.

It is, indeed, a drawcard in the developmental matrix of Matabeleland North Province, and speaks to President Mnangagwa’s philosophy of leaving no one and no place behind as Vision 2030 beckons.

E-Creator founder, accomplices remain in custody

Source: The Herald – Breaking news. Prosper Dembedza Herald Correspondent The founder and suspected mastermind of an online Ponzi scheme E-Creator, Zhao Jiaotong and his alleged two accomplices Justin Kuchekenya and Trymore Tapfumaneyi, will remain in custody after their bail ruling was deferred to Friday by Harare magistrate Mrs Marehwanazvo Gofa. On Monday, the investigating […]

Source: The Herald – Breaking news.

E-Creator founder, accomplices remain in custody

Prosper Dembedza Herald Correspondent

The founder and suspected mastermind of an online Ponzi scheme E-Creator, Zhao Jiaotong and his alleged two accomplices Justin Kuchekenya and Trymore Tapfumaneyi, will remain in custody after their bail ruling was deferred to Friday by Harare magistrate Mrs Marehwanazvo Gofa.

On Monday, the investigating officer, Detective Brighton Samaneka told the court that the three were a flight risk and are not proper candidates for bail.

Investigations established that the trio allegedly defrauded unsuspecting people across the country of US$1 000 000.

In opposing bail, Det Samaneka said when they arrested Zhao on July 12, he was on the verge of skipping the country’s jurisdiction. He added that Zhao is sitting on loads of money, allegedly obtained fraudulently, which gives him a push to abscond.

Det Samaneka said Kuchekenya was likely to abscond as he is facing a serious offense involving large sums of money. Kuchekenya was allegedly the one working from the E-Creator offices at Joina City in central Harare and can be positively identified by hundreds of witnesses.

The court heard that sometime in January 2023, Zhao hatched the plan for the fraudulent online investment scheme.

It is alleged that on February 7, 2021, the trio whilst acting in connivance with Bily Thomas Syedou, Abraham Mutambu and others who are still at large, registered a company with the Zimbabwean Registrar of Companies called E-Creator Electronic Commerce (Private) Limited under company registration number 2853/23.

The court heard that Zhao went on to launch the company as an online e-commerce operator with a global internet as its core. During the period February 2023 to July, the accused allegedly misrepresented to unsuspecting Zimbabweans that if they invested with the company, they would enjoy huge monthly profits depending on the amount invested.

Armed with that information, many people from across the country flocked to take up the investment opportunity and invested a combined US$1 million through various Ecocash numbers supplied on the platform by the accused.

To make the company more attractive and appealing to unsuspecting Zimbabweans, the suspects used various mainstream local media, social media platforms and powerful socialites such as Tarisai Cleopatra Munetsiwa, commonly known as Madam Boss, and Admire Mushambi, known as Mama Vee, to advertise the company on their social media platforms in order to gain more subscribers.

They also employed agents in major towns and cities throughout the country to market the business.

On July 3, some of the complaints encountered challenges in accessing their funds and approached the company for clarification. It is alleged that one of the accused, Mutambu, reassured the complainants that a system upgrade was causing the challenges for investors to access their funds. He further advised them that the situation would normalise in due course.

However, on July 5 the complainants were shocked to receive a notice from the E-Creator website that the company was no longer operational.

It was then that some of the complainants posted Zhao’s passport photo claiming that he was the one who had taken their money and fled to China.

The complainants also visited Zhao’s known offices and were shocked to find out that the offices had been permanently closed.

They also got information Zhao had actually withdrawn the money and fled, resulting in the complainants suffering a prejudice of US$1 million, with nothing recovered.

Zim can stay the course of stability, says Old Mutual

Source: The Herald – Breaking news.   Old Mutual says through proactive and effective policies, the country can overcome its economic challenges. — (File Picture) Nelson Gahadza Senior Business Reporter Old Mutual Investments Group (OMIG) says authorities need to continue implementing measures to stabilise the economy including by building foreign reserves, improving market confidence, and […]

Source: The Herald – Breaking news.

Zim can stay the course of stability, says Old Mutual 
Old Mutual says through proactive and effective policies, the country can overcome its economic challenges. — (File Picture)

Nelson Gahadza

Senior Business Reporter

Old Mutual Investments Group (OMIG) says authorities need to continue implementing measures to stabilise the economy including by building foreign reserves, improving market confidence, and reducing external debt levels for sustained stability and growth.

This comes as the economy has witnessed a stable environment in recent weeks, which has also culminated in the continued strengthening of the Zimbabwe dollar against the US dollar following a series of policy interventions put in place to mop up excess local currency liquidity.

The recent strategic interventions introduced by authorities include a directive for all import duties to be paid in Zim dollars, except for luxury items; the transfer of external payment obligations from the Reserve Bank of Zimbabwe (RBZ) to the Treasury; and the introduction of the wholesale foreign currency auction for banks.

Further, the Treasury has also directed that all Government institutions collect fees and charges in the local currency and that 50 percent of corporate tax payments be made in Zimbabwe dollars, while the central bank raised its bank policy rate from 140 percent to 150 percent.

In its monthly economic brief for June 2023, OMIG said sustained economic recovery will require a combination of political stability, comprehensive reforms, and measures to attract foreign investment.

“Only through proactive and effective policies can the country overcome its economic challenges and achieve sustainable growth,” it said.

The Government projected local economic growth of 6 percent this year, up from initial forecasts of 3,8 percent, and this comes on the back of improved agricultural performance and increased electricity availability.

Zimbabwe last month secured a US$400 million facility from the African Export-Import Bank (Afreximbank) to boost its economy and facilitate essential developmental projects.

According to Old Mutual the financial package will play a crucial role in supporting the country’s efforts to address the prevailing economic challenges and promote sustainable growth

According to the Reserve Bank of Zimbabwe (RBZ) governor, Dr John Mangudya, the facility from Afreximbank would help buttress the Government’s measures in stabilising the exchange rate.

In its report, OMIG said the financial package is expected to play a crucial role in supporting the country’s efforts to address the prevailing economic challenges and promote sustainable growth.

“Authorities cited the need for foreign currency resources to augment the measures that the Government has put in place to stabilise and grow the economy. The Afreximbank facility offers a lifeline aimed at addressing pressing issues such as infrastructure development, trade finance, and foreign currency shortages, and overall, the Afreximbank facility is a positive development for the country,” reads the report.

Experts also believe prudent liquidity management remains key to taming inflation and exchange rate movements in the short to medium term. The industry also contends that the general improvements in power supply bode well if sustained, as they will limit disruptions to operations as well as reduce operating costs.

CBZ records 10 fold growth in profitability

Source: The Herald – Breaking news.   CBZ’s return on assets improved from 18,4 percent in the first quarter of 2022 to 23 percent in the three months to March 2023 (File Picture) Business Reporter CBZ Holdings, Zimbabwe’s largest financial institution, registered a 959,5 percent growth in historical net profit to $50,18 billion in the […]

Source: The Herald – Breaking news.

CBZ records 10 fold growth in profitability 
CBZ’s return on assets improved from 18,4 percent in the first quarter of 2022 to 23 percent in the three months to March 2023 (File Picture)

Business Reporter

CBZ Holdings, Zimbabwe’s largest financial institution, registered a 959,5 percent growth in historical net profit to $50,18 billion in the quarter to March 2023, compared to the same period last year.

The bank’s return on assets improved from 18,4 percent in the first quarter of 2022 to 23 percent in the same period this year while return on equity improved from 60 percent to 79,7 percent.

Total assets for the period under review at $1,34 trillion, registering a year-on-year growth of 495,83 percent. Bank deposits increased by 543,24 percent to $970,78 billion in the March 2023 quarter from $150,92 billion in the comparative period last year.

Analysts say the banking group can grow deposits through digital account opening, supporting loan capacity even as households draw down savings. Total advances grew by 342,30 percent to $334,34 billion from $75,59 billion in the same quarter last year.

Due to its participation in command agriculture and other Government-sponsored agricultural funding programmes, CBZ has extensive exposure to the agricultural industry. In a trading update for the quarter to March, the financial services group said the results were commendable, demonstrating the tenacity of its corporate strategy.

“Driving such profitable performance is a diversified income mix, and a fair split of funded and non-funded income. The group’s strong asset base continues to underline the business underwriting capacity as a leading player in the industry,” reads the trading update.

“Strategies aimed at maintaining asset quality and capital preservation will continue to be employed. As part of its market leadership, and commitment to customers, the group enhanced technological advancements and digitalisation during the quarter for ease of transactional processes and sustainability.”

The market has been characterised by exchange rate volatility and inflationary pressures and banks have not been spared from the currency conundrum. However, authorities have instituted a series of measures to stabilise the exchange rate and contain inflation.

“In developing countries, weakening currencies are likely to increase the risk of imported inflation for net importers, but partially dollarised economies like Zimbabwe may be partly insulated by the firming US dollar.

“On the other hand, however, the firming US dollar will affect import competitiveness for these partially dollarised economies,” the bank said.

The bank said it will keep using its investments in human, financial, intellectual and manufactured capital to manage associated risks and pursue new possibilities in the markets it serves.

“Additionally, the group will also deliberately actively explore ways of leveraging on fast developing technologies such as artificial intelligence to better serve its customers,” CBZ Holdings said.

Total revenue for the group jumped more than fivefold to $98,68 billion from $14,32 billion in the prior period.

Horticulture firm secures e10m for expansion, exports

Source: The Herald – Breaking news.  Nhimbe Fresh Exports workers display some of the firm’s packed products, that are ready for the market (File Picture) Business Reporter NHIMBE Fresh Exports, one of the country’s largest horticultural companies, has secured €10 million (US$11,2 million) from the United Arab Emirates (UAE) for its blueberry expansion and export […]

Source: The Herald – Breaking news.

Horticulture firm secures e10m for expansion, exports
 Nhimbe Fresh Exports workers display some of the firm’s packed products, that are ready for the market (File Picture)

Business Reporter

NHIMBE Fresh Exports, one of the country’s largest horticultural companies, has secured €10 million (US$11,2 million) from the United Arab Emirates (UAE) for its blueberry expansion and export programme.

The blueberry expansion programme will begin towards the end of this month, with more plants arriving in August this year, Nhimbe chief executive Dr Edwin Moyo said.

Nhimbe owns farms in Marondera. Recently, the company signed joint venture (JV) agreements with a company to carry out the UAE export project on its farms.

The JV is on three farms all with water from dams and within the vicinity of the airport.

“Work on these new farms will start at the end of August during which the JV will be officially announced,” Dr Moyo said.

“A team of private buyers from the UAE is expected to visit Harare in early August. The team will visit various Nhimbe out-growers including some members of the young farmers.

“Nhimbe is also looking for a local bank to consolidate and house the UAE exports through CD1 as a one-stop shop.

“This will be done in conjunction with a Dubai-based bank making the payments from the market.

“The search is also on for a legal firm to prepare tight contracts with farmers who bank with various institutions.”

Dr Moyo said the funding would also be used to retire local bank debt “so that the company can use its own cheap free funds going forward,” he added that the focus would be on increasing export revenues and opening up new foreign markets.

Nhimbe has a green label from the European Union, which allows it to export its blueberries and other high-value products into Europe duty-free.

All standard care products will be exported into the UAE while high-value products will go into more demanding markets like Europe and the UK. This would make it easier for less developed farmers who cannot afford expensive audits to enter export markets.

Standard crops will include, butternut, potatoes, onions, garlic, ginger, sweet potatoes, watermelons, ground nuts, macadamia nuts, avocados, lemons, and oranges.

“All these products will not need processing but packing as they will go to the UAE and be re-exported to other countries such as Russia,” said Dr Moyo.

“As the world braces for food shortages caused mainly by floods, droughts and global warming and wars, Nhimbe is preparing itself to meet the gap,” he added.

Currently, typical cash crops being produced for the export market include temperate fruits (oranges, apples, pears, peaches, and nectarines), tropical fruits and vegetables (baby corn, butternut, citrus, chilli, gem squash, kiwi, lychee, mango, passion fruit, and pineapples), baby carrots, fine beans, cherry tomatoes, mange tout peas, melon, strawberries and sweet corn, as well as flowers.

Other major markets for Zimbabwe’s horticultural exports are the Netherlands, UK, South Africa, Germany, Hong Kong, Portugal, France, China, Norway, Poland, and Spain, according to Zimtrade, the country’s export promotion body.

With the Horticulture Recovery and Growth Plan under implementation to stimulate export growth, indications are that local farmers will boost production, making it easy to meet the requirements of buyers and growing demand.