NewsHawks 15 April 2022

WHAT’S INSIDE Friday 15 April 2022 NStEaWnCShart Price
exits Zim,
ZNeEcWnSailed but commits US$1
over election stay in Zambia
rigging SCPoOuRldTthe
Story on Page 16 Warriors
Story on Page 3 job tempt
Kaitano Tembo?

Story on Page 48

Judge
nofivureedrdes

ALSO INSIDE Looting: Zero tolerance to corruption mantra empty

Page 2 News NewsHawks

Mnangagwa Issue 76, 15 April 2022
fires judge
over nudes Bulawayo High Court

MOSES MATENGA and has recommended that Honourable Justice
Thompson James Mabhikwa be removed from of-
PRESIDENT Emmerson Mnangagwa has fired fice of a Judge for acts of gross misconduct.”
High Court judge Thompson James Mabhikwa
who was last year suspended after his girlfriend, “Accordingly, His Excellency the President,
Oratile Nare, who was then an assistant to a fel- acting in terms of section 187 (8) of the Consti-
low Bulawayo judge, leaked his nudes and vulgar tution, has removed the honourable Judge Justice
WhatsApp messages. Thompson James Mabhikwa from the office of
with immediate effect,” Sibanda wrote.
Nare, then assistant to Justice Maxwell Taku-
va, posted Mabhikwa’s nudes and dirty messages Justice Mabhikwa, who was based at the Bu-
to all his contacts and judges’ group before they lawayo High Court, was accused of bedding a
immediately went viral, forcing the Judicial Ser- member of staff at the High Court, itself an act
vice Commission (JSC) to launch a probe before of misconduct.
Mnangagwa appointed a tribunal chaired by re-
tired judge Justice November Mtshiya which It emerged that Justice Mabhikwa was having
handed its report last week. an intimate affair with Nare, who, following a vis-
it to his place, discovered raunchy messages with
Now a magistrate in Nkayi, Matabeleland other women and nudes and, out of anger, posted
North province, Nare has since been suspended them in all his contacts, including a work group.
over a different matter.
In appointing the tribunal in June last year,
In a letter dated 11 April 2022 addressed to which was initially chaired by retired judge Justice
Chief Justice Luke Malaba, Chief Secretary to the Maphios Cheda, Mnangagwa said, via a Statutory
President and cabinet Misheck Sibanda advised Instrument in the Government Gazette, the panel
that Mabhikwa’s removal from office of the High should investigate whether Mabhikwa’s conduct
Court was with immediate effect. could be deemed to have been tantamount to
gross misconduct.
“The Tribunal which was inquiring into the
questions of removal from office of Honourable He also said the tribunal should investigate
Justice Thompson James Mabhikwa in terms of whether the judge committed acts of sexual ha-
187 (3) of the Constitution has completed its rassment, possessed pornographic material and to
work,” the letter to Malaba reads in part. investigate any other matter which the tribunal
may deem appropriate and relevant to the ques-
“The Tribunal has reported its findings to His tion of removal from office of a judge in terms of
Excellency, the President Cde ED Mnangagwa, the law.

High Court judge Thompson James Mabhikwa is accused of bedding a member of staff at the High Court.

NewsHawks News Page 3

Issue 76, 15 April 2022

Zec nailed over election rigging

OWEN GAGARE l Its computer server is run by army

THE Zimbabwe Electoral Commission (Zec) is l Evidence indisputable amid denial
caught up in a renewed transparency gap as it gets
increasingly entangled in a web of lies over its mys- Africom Headquarters on l Elected as President of Zimbabwe, with 50.8%
terious server which is now at the centre of a new Churchill Avenue, Harare. of the vote, compared to 44.3% for Chamisa;
controversy after an independent Internet geolo- l 10 August Chamisa, the MDC-Alliance candi-
cation forensic investigation traced its system — date in the presidential election, challenged the va-
the client-server connection - to a military-owned lidity of the result by lodging an election petition
communication service provider, Africom Hold- in the Constitutional Court;
ings. l 22 August the ConCourt heard arguments
from the parties’ lawyers; and
While the army says it does not run elections, l On 24 August the court handed down its deci-
evidence shows that it in fact does through Fern- sion dismissing Chamisa’s petition, while declar-
haven Investments which was chaired by the late ing Mnangagwa the winner.
Foreign minister Sibusiso B. Moyo, who was the
face of the November 2017 coup that initially While Jonathan Moyo was not in doubt about
brought President Emmerson Mnangagwa to Africom’s involvement and its hosting of the Zec
power. Zec is always accused of rigging elections. server, Pachedu’s geolocation investigation put the
Electoral fraud, sometimes referred to as election issue beyond reasonable doubt.
manipulation, voter fraud or vote rigging, involves
dishonest and illegal interference with the process Geolocation is a process or technique of iden-
of an election, either by increasing the vote share tifying the geographical location of a person or
of a favoured candidate, depressing the vote share device by means of digital information processed
of rival candidates, or both. via the Internet.

The technical link between Africom and the In computing, Internet geolocation is software
army — and in the process Zec — is undeniable. capable of deducing the geographical location of
This is besides having security or army personnel a device connected to the Internet. For example,
seconded there. the device’s IP address can be used to determine
the country, city, or ZIP code, determining its
Africom-army link geographical location.
According to High Court case HH 357-18,
Moyo was a board chairperson and director of In this case, forensic experts found that Zec,
Africom, while Chonaka Hlabangane Ndlovu was whose IP address is 41.57.65.28, was hosted on
also Africom director. Kwanayi Kashangura was an Africom server, IP address 41.57.65.19. An IP
the major shareholder and director until he was address has two parts: the network ID, comprising
removed. Moyo then took charge on behalf of the the first three numbers of the address (41.57.65),
army through Fernhaven. and a host ID, the fourth number (19) in the Af-
This comes as more details on two key state ricom case.
security agents instrumental in the rigging of
elections — Retired Major Chivasa and Mavis The IP addresses found and their links put the
Matsanga from the Central Intelligence organisa- issue beyond reasonable doubt. The army was in
tion — emerged, including Chivasa’s photo which charge of the Zec server, hence the electoral pro-
has not been published before. Only Matsanga’s cess from a technical point of view. The military
picture has been released. also politically influences the elections.
In his seminal monograph on the 2018 pres-
idential election, Excelgate — How Zimbabwe's scribes itself as an outfit promoting transparency, cPanel and see Africom! Case closed!” Moyo on server
2018 Presidential Election was Stolen, Jonathan responsibility and accountability without any fear This geolocation was an important confirma- “The foregoing discussion of the 2018 rigging
Moyo, a former minister and professor of politics, or favour, shows Zec servers were being hosted by system is particularly important regarding the
says Mnangagwa lost the election to his main rival Africom. tion of what Jonathan Moyo says in his book. question of the Zec server, which contained the re-
Nelson Chamisa, then MDC-Alliance and now Africom is or was located at No.99 Churchill sult of the presidential election that showed Cha-
Citizens' Coalition for Change leader, but was res- “When the Zec website was hacked on August misa with 66% of the vote and Mnangagwa with
cued by Zec through manipulation and rigging. 1, 2018, forensic experts investigated. They found in Harare. It used to have a banner and fliers dis- 33%. I have pointed out in the preceding chapters
After taking over the control of the state and that Zec was hosted on an Africom server, IP played in and out of its yard. However, yesterday that Zec’s bare denial in Chamisa’s ConCourt case
its institutions, the military, in a bid to protect 41.57.65.19, sharing hosting with other sites like when The NewsHawks went to check, those were that it did not have any server on which it kept the
and consolidate the gains of the coup, brazenly netguardsec.com. Shared hosting means the server no longer visible from outside, showing they were result of the 2018 presidential election was false
commandeered the Zec machinery, particularly was not at Zec,” Team Pachedu said. either removed or the company had moved out. and not supported by any evidence, and inconsis-
its computer network server, corrupted its inter- tent with its constitutional obligation not only to
nal system as well as logistics and illegally changed “Step 1: http//41.57.65.28. The Zec website The Africom offices used to be owned by the be transparent, but also to be seen to be transpar-
the route and destination for the collation, com- will open and this confirms that the IP address late retired army commander General Solomon ent,” Moyo writes.
pilation and transmission of the result of the 2018 is legit and genuine. Step 2: access the admin Mujuru’s River Ranch diamond mine. “Mnangagwa himself — as President, presiden-
presidential election for purposes of rigging the control panel by opening the website using port tial candidate and the one respondent with every-
election in favour of Mnangagwa, whom it had 2083 and hence http//41.57.65.28.2083. Step 3: Smoking gun thing to lose in the ConCourt case — virtually
imposed as President of Zimbabwe on 24 Novem- You will see that the website will now direct you The server’s location is the smoking gun — a confirmed the existence of the server in his oppos-
ber 2017 after toppling the late former president to the actual people who are hosting the website. piece of incontrovertible incriminating evidence. ing papers, which Zec claimed did not exist.
Robert Mugabe. Guroohosting is a server owned, housed and man- It was central to the presidential election dispute “And more tellingly, the involvement of Af-
aged by Africom.” in 2018, summarised by these events: ricom, a military company, was precisely to com-
The server l On 30 July 2018 Zimbabweans voted in the puterise the electoral process and network the sys-
The Zec computer server sits at the heart of the “All websites have an IP address and a port/back presidential, parliamentary and local authority tem with respect to the capturing and processing
rigging system and the 2018 electoral dispute. door to the hosting Control Panel (cPanel) for ad- elections; of voting data at Zec’s national command centre.
A server is a computer or system that provides mins. The IP address for Zec is http://41.57.65.28 l 3 August the Zimbabwe Electoral Commission It is Zec that roped in Africom to computerise the
resources, data, services, or programmes to other and to access this cPanel, we use the back door declared Mnangagwa, the Zanu PF candidate in system and run its multiple servers, fully knowing
computers, known as clients, over a network. In 2083. cPanel: http://41.57.65.28:2083. Open the presidential election, duly that the company’s purpose was to set up a voting
computing, it provides functionality for other pro- and results database.
grammes or devices, called clients. This architec- “It is dishonest for Zec to deny the existence of
ture is called a client-server model. the server or servers to give the impression that,
The Zec server has been at the centre of con- in this day and age, Zimbabwe’s electoral body
troversy since the 2018 general elections. At the does not have a computerised system for captur-
time, Zec first indirectly said it had a server, then ing, storing and processing voting data. Zec had a
changed the story in court and said it did not main sever with election results and it was linked
have one. However, Mnangagwa, better placed to other multiple servers run by Africom on behalf
to know, confirmed it was there in his opposing of the electoral body.”
court papers. Yesterday Jonathan Moyo again nailed Zec
Now Zec says it has no server linked to an ex- when he said: “It is significant that while Zec has
ternal host, meaning it has one housed within its denied that its server is hosted by Africom; it has
system. Zec spokesperson Jasper Mangwana said: not denied two fundamentals: 1. It has a server,
“Zec has no server hosted by any external organi- something it denied in the ConCourt in 2018. 2.
sation, including Africom.” Africom maintains, services and runs Zec’s com-
puters. The rest is history!”
Server geolocation
However, an investigation by civic group and
data mining experts Team Pachedu, which de-

Page 4 News NewsHawks

Issue 76, 15 April 2022

Police fail to submit audited financials
THE Zimbabwe Republic Police has for the past
two years failed to present its books for 16 farms the expenditure and revenue of the farms. service had not yet produced all financial re- Police, the Zimbabwe Electoral Commission
to the Auditor-Genera,l while the Police Service “The ministry did not make any progress in cords showing how the farming activities from and Zimbabwe Anti-Corruption Commission
Commission has also failed to submit its annual the 16 farms throughout the country with a total were singled out for failing to present all docu-
report to the minister of Home Affairs and Cul- implementing recommendations made in my hectarage of 11 906 were being accounted for,” mentation to enable effective auditing. — STAFF
tural Heritage for tabling in Parliament, in con- previous report. All the four findings had not she said.
travention of the law. been addressed as indicated below. The police WRITER.

In for the financial year ended December
2020 on Appropriation Accounts, Finance and
Revenue Statements and Fund Accounts, Audi-
tor-General Mildred Chiri says, as a result, she
could not ascertain whether police funds were
being handled correctly.

“For the second year in succession, I have
to report that the ministry did not produce fi-
nancial records showing how the Police Service
farming activities were being accounted for. I was
therefore not able to validate whether all expen-
diture incurred and revenue generated had been
properly accounted for and reported at the end
of the year,” she said.

Chiri raised concern over transparency in the
operations of police farms in light of their failure
to declare their books for audit.

“State property and activities may not be ful-
ly accounted for if systems are not in place to
ensure transparency and effective reporting. The
farms and properties must be disclosed in the
assets registers of the ministry and activities and
proceeds properly reported in line with the Pub-
lic Finance Management Act [Chapter 22:19]
and other laws and regulations,” she added.

The police defended their shortcomings, say-
ing their internal audit process was slowed down
by the Covid-19 pandemic, because of restric-
tions on movement hence they could not submit
all reports to police headquarters for the national
audit.

“Financial statements are reviewed by the
Police Internal audit before submission to the
Police General Headquarters. Due to Covid-19
pandemic, the police internal auditors managed
to visit five farms whose financial statements for
the period under review were submitted to the
external auditor,” responded police management.

On the Police Service Commission, Chiri
said: “For the second year running I have to re-
port that the Police Service Commission did not
submit its annual report to the minister of Home
Affairs and Cultural Heritage for tabling in Par-
liament. This was a violation of Section 58 of the
Police Act [Chapter 11;10],” reported Chiri.

Chiri was disappointed by the police’s lax ap-
proach to the implementation of previous audit
recommendations, especially on the disclosure of

Police claim their internal audit process was disrupted by the Covid-19 pandemic.

NewsHawks News Page 5

Issue 76, 15 April 2022

MOSES MATENGA Act on corruption, says Chiri
... Zim loses billions to looting
AUDITOR-GENERAL Mildred Chiri, whose
office has exposed rot and the looting of mil- direct payments on behalf of 16 government quired parliamentary approval and the knowl- Zacc chairperson Justice Loice Matanda-Moyo
lions of dollars in the government, parastatals ministries amounting to US$300 599 941 edge of beneficiary ministries. leaving out serial numbers in its coupon dis-
and local authorities, says action must be (ZW$18 955 573 888 using the Reserve Bank bursements, while also failing to provide doc-
taken to stem the leakages and to ensure that of Zimbabwe 2020 spot rates) without the re- Parliament was also accused of failing to umentation for its expenses, in contravention
culprits return the loot to rescue the country’s account for thousands of litres of fuel after of the law.
economy from further bleeding.
Parliament is accused of failing to account for thousands of litres of fuel.
Every year, Zimbabwe has lost millions of
dollars to looting, fraud and corruption as ex-
posed in several audit reports.

An institution tasked with fighting graft,
the Zimbabwe Anti-Corruption Commission
(Zacc), has also been exposed for failure to
submit its books for audit.

Chiri told The NewsHawks this week that
the country’s economy can only attain the
Vision 2030 targets if leakages are plugged in
local authorities, parastatals and government
departments.

“lf this is fixed, it will help our economy to
grow as a country,” Chiri said.

“We have to plug all leaks and we always
give recommendations in our reports that
try and help in stopping all the leakages. If
that happens, the money will go towards pro-
grammes to build the country like the Na-
tional Development Strategy (NDS 1),” she
added.

She said her office was responsible for au-
diting and implored institutions tasked with
combating crime to take action.

“Our role is to audit and bring the results
to give government departments to look into
and address. If they do not act, we have the
judiciary to take it up and we have Zacc also
that should take our reports and follow up on
them if there is need for further action to fol-
low those named to put things in order,” Chiri
said.

“We signed a memorandum of understand-
ing (MoU) with Zacc, where we give informa-
tion that helps them in doing their work so
we give them the reports and explain to them
what they mean so that they do their job.”

She said the government must come up
with disciplinary measures to hold account-
able all those found wanting in the discharge
of their duties.

“There is also need to ensure those who are
found wanting are made to return what they
would have taken, be it money or resources.
A lot can be done to ensure people work,” she
said.

Chiri said there has been improvement in
the implementation of the Auditor-General’s
recommendations in the last few years, but
emphasised that more needs to be done.

“There has been little change in way of do-
ing things, though it is at a very slow pace.
Implementation of our recommendations is
between 30 and 40% with others acting but
we realise that over the past few years, there is
gradual improvement,” she said.

On Zacc, which has also been implicated
for lacking transparency and accountability
by not availing books for audit, Chiri said: “It
is something we noted and want to be fixed.
Every cloud has a silver lining and there is no
one without blame in all organisations. There
are also some bad apples in any organisation,
so Zacc may have people like that who need to
be pushed to make sure they work.”

“We know their (Zacc) intention is for
things to work,” she said.

Zacc, the report noted, has failed to proper-
ly account for millions of United States dollars
which could have been misappropriated as its
accounting books have remained in a sham-
bles for a decade.

The anti-corruption body issued a state-
ment this week conceding that its books were
previously not in order as noted by the audit
report, but said that has changed since the
coming in of the new team of commission-
ers and the chairperson, Justice Loice Matan-
da-Moyo.

Chiri said there was a need to present the
reports in national languages so that people
can follow how the taxes they pay to local au-
thorities and the government is being used.

“Our reports must change the people’s lives
in a positive sense. We need to put our reports
in vernacular. People need to know how their
tax and council levies are being used,” she said.

According to the Auditor-General’s latest
report, Zimbabwe’s Treasury made foreign

Page 6 News NewsHawks

Issue 76, 15 April 2022

Loss-making parastatals in trouble

MARY MUNDEYA l Zupco, NRZ saddled with huge debts

AUDITOR-GENERAL Mildred Chiri has ques- with the core business of providing information conditions indicate that a material uncertainty gross loss of ZW$ 372 507 428(2018 loss: ZW$
tioned the going concern status of four parastatals communication tchnology connectivity services, exists that may cast significant doubt about the 1 572 805) which she said exposes the company
whose current liabilities exceed current assets and Chiri said the firm was incurring losses and the company’s ability to continue as a going concern.” to potential liquidity risk.
have been incurring losses running into millions conditions it was operating in cast into doubt its
of dollars over the years. ability to continue operating. The company had long outstanding foreign “The operating loss before government sub-
creditors which amounted to US$18 586 005 as sidies of ZW$ 529 578 042 (2018: Nil) was
In her latest audit report on State Enterpris- “These conditions indicate the existence of at December 31, 2020 and 75% of these creditors ZW$439 985 816 (2018: ZW$19 975 026). This
es and Parastatals, Chiri flagged the Zimbabwe a material uncertainty that may cast significant were overdue with more than 120 days. loss is mainly due to the fact that the company is
United Passenger Company (Zupco), Powertel doubt on the company’s ability to continue oper- charging sub-economic passenger fares. This indi-
Communications (Private) Limited, the National ating as a going concern,” the report said. “On enquiry with management it was high- cates that the company is currently dependent on
Railways of Zimbabwe (NRZ) and TelOne as loss lighted that the ability to settle international government subsidy for its operational viability.”
making and highly indebted government-owned On TelOne, Chiri said: “The entity has signif- creditors had been hampered by lack of access to
companies, whose viability remains in doubt. icant legacy loans and borrowings amounting to foreign currency,” the report said. “The company also relies on leased buses from
ZW$46 066 757 523 (2019: ZW$41 604 029 bus operators and on 31 December 2019 the
The Auditor-General said NRZ has been in- 684) principal plus interest accruals. The fixed- Chiri also questioned Zupco’s ability to contin- company’s lease liability was ZW$328 269 566
curring substantial losses for over 10 years owing term borrowings approached maturity without ue because of the company’s current liabilities that (2018: Nil). The company faces a potential li-
to sub-economic operating capacity, antiquat- realistic prospects of renewal or repayment. These are currently exceeding current assets by ZW$81 quidity risk with regard to its lease liabilities.”
ed equipment and high provisions for doubtful 972 013 (2018: ZW$92 749 521), the significant
debtors.

“Included in the inventories balance are spares
for rail infrastructure and locomotives totaling
ZW$ 698 537 547 (2019: ZW$ 664 634 384).
These spares are for antiquated, decommissioned
equipment and rail infrastructure. The company
has antiquated operating equipment and has been
forced to rely on locomotives leased from third
parties. All the lease contracts for the locomotives
are denominated in United Stated dollars. This
exposes NRZ to significant foreign currency loss-
es,” Chiri said in her report.

“Loans totalling ZW$1 065 261 426 (2019:
ZW$1 179 211 868 were overdue,” the report
said.

It also emerged that the railway company is
owing its current and former employees millions
of dollars in salaries and benefits.

“The National Railways of Zimbabwe Pension
Fund had a deficit of ZW$383 million, according
to the 2020 draft actuarial valuation report done
by independent consultants. The company fully
provided for this deficit in the accounts. How-
ever, the company has no financial resources to
pay the Pension Fund ZW$526 542 152 that was
due at the end of the financial year comprising
of: outstanding company and employee pension
contributions ZW$ 143 452 013 and accrual for
pension deficit ZW$383 090 139.”

On Powertel Communications (Private) Lim-
ited, a wholly owned subsidiary of Zesa Holdings

NewsHawks News Page 7

Issue 76, 15 April 2022

Page 8 News NewsHawks

Issue 76, 15 April 2022

AUDITOR-GENERAL Mildred Chiri’s audit Looting: Zero tolerance to
report on Appropriation Accounts, Finance and corruption mantra empty
Revenue Statements and Fund Accounts has
thrown new light on the maladministration of corporate governance were reported at several provide the 2018 Road Fund acquittals amount- Auditor-General Mildred Chiri
President Emmerson Mnangagwa’s government, councils, including Harare, Bulawayo, Masvingo, ing to US$172 378 disbursed were maintained.
an indictment on his “zero tolerance to corrup- Gweru, Chiredzi, Gokwe, Nyanga and Chitung- l In 2018, Gokwe Town Council allocated a l There was no uniformity in accounting for do-
tion” mantra. wiza. commercial stand measuring 8 750 square me- nations from Manyame airbase from Manicaland
l Harare was accused of failing to account for tres to the town council chairperson without and Masvingo provinces as there were no detailed
It is apparent that apart from leadership, gov- over US$1 million. Its accounting system is following due processes. In 2018, Nyanga Rural dispatch documents and receiving registers for
ernance, and policy failures, and vagaries of inter- shambolic, facilitating opaque transactions. District Council recorded US$536 500 as stand audit trail.
national trade, including global commodity price l Chiri also flagged Masvingo for failing to ac- deposits, but could not provide any supporting l Only a list of donated items was submitted for
fluctuations, count for US$137 713 meant for the procure- documents for such funds. audit.
ment of 545 drums of bitumen in 2016, which l The Auditor-General also noted the slow util-
Zimbabwe’s economy is struggling due to are yet to be delivered, five years on. Cyclone Idai isation of donated funds, the financial assistance
high-level corruption, incompetence, and ex- l The Tsholotsho Rural District Council did not l No proper records of relief items received or of close to ZW$2 million, US$3 million and R20
tended period of mismanagement of government million. — STAFF WRITER.
affairs, including public finances.
There are no proper records of relief items received or disbursed to Cyclone Idai victims.
Below are the major highlights of the explosive
report:
l Treasury made foreign direct payments on be-
half of 16 ministries amounting to US$300 599
941. However, several ministries were not aware
of these payments and did not acknowledge these
transactions. Five line ministries disputed Trea-
sury disbursements from direct payments total-
ling US$183 638 970 (approximately ZW$14
763 681 058.
l Treasury made a foreign direct payment of
US$155 703 721 on behalf of the ministry
of Mines, but the ministry was only aware of
US$486 501, giving a variance of US$151 217
220.
l The ministry of Finance made unauthorised
excess transfers of ZW$100 690 788 418 with-
out condonation from Parliament as required by
section 307 of the constitution of Zimbabwe,
among many other anomalies.
l Assets comprising 30 motor vehicles worth
ZW$117 042 902 that were purchased by three
ministries in 2020 had not been delivered by Sep-
tember 2021.
l The Zimbabwe Anti-Corruption Commmis-
sion (Zacc), Zimbabwe Electoral Commission
and Zimbabwe Media Commission failed to
present their 2020 books for auditing, raising
questions of impunity.
l Zacc failed to produce supporting documents
on expenditures amounting to US$1 116 548 in
cash payments for the year ended 2019, for in-
stance. For the year ending 31 December 2017,
the report says the commission also failed to pro-
duce documents to support payments totalling
over US$2 million.
l There were no supporting documents available
in the form of invoices or supplier statements to
validate Zacc’s expenditure and payables amount-
ing to US$2 064 864 and US$417 138 respec-
tively presented in the financial statements.
l On property, plant and equipment, the com-
mission is said to have de-recognised or disposed
of houses with a value of US$2 417 374 without
following due procedure and with no proper ex-
planations or supporting documents in the pro-
cess, suggesting corrupt asset-stripping.
l Parliament is failing to account for thousands
of litres of fuel after leaving out serial numbers
in its coupon disbursements while also failing to
provide documentation for its expenses, in con-
travention of the law. For example, a review of
the MPs’ fuel register revealed that 22 000 litres
(3 760 petrol and 18 260 diesel) fuel coupons dis-
tributed in March, June, October and November
2020 had incomplete serial numbers recorded.

Ministries
l The ministry of Finance processed various
payments to suppliers of goods and services on
behalf of ministries without adequate supporting
documentation. For example, direct payment
amounting to US$22 024 406, R6 403 830 and
BWP 8 359 434 were made by Treasury on behalf
of the Lands, Agriculture and ministry of Trans-
port.
l Expenditure of over ZW$1 billion was not
supported by documents such as acquitals, in-
voices, receipts, delivery and good received notes
as proof that they recorded transactions.
l Over ZW$1 billion in unsupported subsidies
disbursements to Zupco were also not accounted
for.
l The Salary Service Bureau figures for seven
ministries were more than the compensation of
employees by over ZW$1 billion.
l Assets comprising 30 motor vehicles worth
ZW$117 million purchased by three ministries
had not been delivered by September 2021.

Local authorities
l According to the Auditor-General’s report for
the financial year ended 31 December 2020 on
local authorities, massive corruption and bad

NewsHawks News Page 9

Issue 76, 15 April 2022

Govt in volte-face over debt plan

BERNARD MPOFU Zimbabwe is battling to access long-term cheap capital from multilateral lenders like the World Bank.

ZIMBABWE is pushing to be classified a cial policies. l Be eligible to borrow from the World Bank’s service falling due.
Heavily Indebted Poor Country (HIPC), as In 2005, to help accelerate progress toward International Development Agency, which Second Step: Completion Point: In or-
the country seeks debt relief in what could be provides interest-free loans and grants to the
a volte-face on the long-held official aversion the United Nations Sustainable Development world’s poorest countries, and from the IMF’s der to receive full and irrevocable reduction
to the initiative, a new report by the Interna- Goals (SDGs), the HIPC Initiative was sup- Poverty Reduction and Growth Trust, which in debt available under the HIPC Initiative, a
tional Monetary Fund (IMF) has shown. plemented by the Multilateral Debt Relief provides loans to low-income countries at sub- country must:
Initiative (MDRI) . The MDRI allowed for sidised rates; l Establish a further track record of good
The nation remains in debt distress, battling 100% relief on eligible debts by three multilat- l Face an unsustainable debt burden that can- performance under programmes supported by
to access long-term cheap capital from mul- eral institutions — the IMF, the World Bank, not be addressed through traditional debt re- loans from the IMF and the World Bank;
tilateral lenders like the World Bank, African and the African Development Fund (AfDF) lief mechanisms; l Implement satisfactorily key reforms agreed
Development Bank and the IMF. With lim- — for countries completing the HIPC Initia- l Have established a track record of reform at the decision point; and
ited budgetary support, Zimbabwe has over tive process. In 2007, the Inter-American De- and sound policies through IMF and World l Adopt and implement its PRSP for at least
the years relied on internal resources and loans velopment Bank (IaDB) also decided to pro- Bank-supported programmes; and one year.
with usurious interest rates to finance some of vide additional (“beyond HIPC”) debt relief l Have developed a Poverty Reduction Strat-
its critical projects. to the five HIPCs in the western hemisphere. egy Paper (PRSP) through a broad-based par- Once a country has met these criteria, it can
ticipatory process in the country. reach its completion point, which allows it to
Following several failed attempts to settle HIPC’s two-step process receive the full debt relief committed at the
the ballooning debt such as the Zimbabwe Countries must meet certain criteria, com- Once a country has met or made sufficient decision point.
Accelerated Arrears Debt and Development mit to poverty reduction through policy progress in meeting these four criteria, the ex-
Strategy (ZAADS) and later the Lima plan of changes, and demonstrate a good track record ecutive boards of the IMF and World Bank Countries receiving debt relief
2015, Zimbabwe, according the IMF, is now over time. The IMF and World Bank provide formally decide on its eligibility for debt relief, Of the 39 countries eligible or potentially
pursuing the HIPC model, which during the interim debt relief in the initial stage and, and the international community commits to eligible for HIPC Initiative assistance, 36 are
Government of National Unity was frowned when a country meets its commitments, full reducing debt to a level that is considered sus- receiving full debt relief from the IMF and
upon by Zanu PF. debt relief is provided. tainable. other creditors after reaching their comple-
First step: Decision Point: To be consid- tion points. Sudan has made tangible progress
During the tenure of the power-sharing ered for HIPC Initiative assistance, a country This first stage under the HIPC Initiative is toward establishing a strong track record of
government which comprised Zanu PF and must fulfill the following four conditions: referred to as the decision point. Once a coun- policy required to achieve this milestone and
two MDC factions, hawkish Zanu PF politi- try reaches its decision point, it may immedi- eventual debt relief.
cians rejected proposals made by then Finance ately begin receiving interim relief on its debt
minister Tendai Biti to pursue the HIPC ini-
tiative, arguing that the country was not poor.
Biti, a former MDC stalwart, was appointed
the country’s Finance chief under the shaky
coalition government which ended in 2013.

According to a detailed IMF report pub-
lished this month following the conclusion
of Zimbabwe’s 22 Article IV Consultation,
the country’s public and publicly guaranteed
external debt is this year expected to rise to
US$17.4 billion from US$17.2 billion in
2021.

External public debt, the IMF said, stood at
100% of gross domestic product (GDP) at the
end of 2020 but declined to an estimated 64%
of GDP at tge end of 2021, reflecting the im-
pact on the nominal GDP of the sharp parallel
exchange rate depreciation.

International re-engagement, the IMF says,
has lagged as stakeholders seek political and
economic reforms. The 2019 Staff-Monitored
Programme experienced significant policy
slippages and elapsed without a review.

“Directors (IMF) noted that Zimbabwe re-
mains in debt distress, with large external ar-
rears to official creditors,” the report reads.

“A new Medium-Term Debt Strategy
(MTDS), under preparation, would guide fu-
ture debt management operations. ..In a bid
to revive international re-engagement, the au-
thorities have prepared a debt resolution strat-
egy to re-engage with external creditors. The
strategy includes plans to clear external arrears
and seek debt relief under two approaches: a
HIPC Initiative process; or a non-HIPC Ini-
tiative process, involving debt restructuring,
and arrears’ clearance via bridge financing and
own resources. The specific timeline and mo-
dalities of this plan are yet to be finalised.”

The Zimbabwean authorities, the IMF fur-
ther noted, have resumed token payments to
multilateral and Paris Club creditors.

According to the IMF, the level of extreme
poverty in Zimbabwe has risen and about a
third of the population is at risk of food in-
security. The international community seeks
improvements in domestic political conditions
and economic policies to initiate re-engage-
ment with Zimbabwe.

What is HIPC?
The HIPC Initiative was launched in 1996
by the IMF and World Bank, with the aim of
ensuring that no poor country faces a debt
burden it cannot manage. Since then, the in-
ternational financial community, including
multilateral organisations and governments,
have worked together to lower to sustainable
levels the external debt burdens of the most
heavily indebted poor countries.
In 1999, a comprehensive review of HIPC
allowed the IMF to provide faster, deeper, and
broader debt relief and strengthened the links
between debt relief, poverty reduction, and so-

Page 10 News NewsHawks

Issue 76, 15 April 2022

STANDARD Chartered plc, a British banking Standard Chartered exits Zim,
and financial services multinational headquar- but commits to stay in Zambia
tered in London, is exiting Zimbabwe and six
other countries in Africa and the Middle East Zambian President Hakainde Hichilema (left) with StanChart CEO Africa and Middle East Sunil Kaushal
where it is sub-scale as it seeks to improve its profit
margins by narrowing its focus to faster-growing aims to lift participation of women by enabling came for us to consider a new location for our Hichilema said that the new head office was an
markets in the region. them to grow their businesses through technol- brand. It was also the right time for us to re-affirm immovable asset which becomes an integral part
ogy,” he said. our long-term commitment to Zambia and that of the national balance sheet, and underscores
While StanChart is leaving Zimbabwe, it is, is why we chose this new location in the emerging StanChart’s commitment to Zambia.
however, investing more north of the Zambezi Herman Kasekende, Standard Chartered Bank business district of Lusaka.”
River in Zambia after commissioning a new Zambia CEO, said: “Standard Chartered Bank Another iconic British bank, Barclays, exited
US$40 million headquarters in Lusaka a few days has a long history in Zambia dating back to 1906, He added: “That is why in my recent interac- Zimbabwe and the African market in 2016. Zim-
ago, reaffirming its commitment to the country. when the first branch opened in Kalomo. We re- tions with the key ministries, I have spoken about babwe’s market is dominated by indigenous banks
main firmly committed to Zambia and the time this new building with passion and pride.” and two South African ones. — STAFF WRITER.
The departure by StanChart from Zimbabwe
while staying in Zambia is a clear vote-of-no-con-
fidence in the former, while its stay is an endorse-
ment of the latter.

StanChart has been in Zimbabwe since 1892
and that makes it the country’s oldest bank estab-
lished just two years after British imperial mogul
and politician Cecil John Rhodes’ Pioneer Col-
umn invaded the country from South Africa via
Botswana, coming through the south-western
border and manoeuvring through Masvingo to
Harare.

It then went to Bulawayo, then the country’s
citadel of power, to complete the conquer, paving
way for 90 years of colonial rule.

The bank will fully exit Angola, Cameroon,
Gambia, Jordan, Lebanon, Sierra Leone and
Zimbabwe, and sell its business in those markets.
It will also close its retail banking operations in
Tanzania and Ivory Coast to focus solely on cor-
porate banking.

The move marks a major shift for StanChart,
which has been among the biggest multinational
lenders to invest on the continent in recent years
at a time when peers have been withdrawing.

During the transition, StanChart, once fined
US$18 million by the United States government
for violating its targeted sanctions regime on Zim-
babwe, will close all its branches except three —
Nelson Mandela, Newlands and Bulawayo. It had
21 branches.

Meanwhile, StanChart has commissioned its
US$40 million new head office in Zambia.

Zambian President Hakainde Hichilema of-
ficially opened the new energy efficient building
located in the new business district of Lusaka ex-
uding confidence in his country’s economic pros-
pects.

Speaking during the event, Sunil Kaushal,
CEO Africa and Middle East, re-affirmed the
bank’s continued commitment to Zambia as a
key market.

“Standard Chartered remains firmly commit-
ted to Zambia — a commitment which is clearly
demonstrated through our investment in a new
head office building, as well as further invest-
ments into digital banking capabilities and key
infrastructure projects. We also continue to invest
in community initiatives such as Women in Tech,
our flagship Futuremakers programme which

StanChart has been in Zimbabwe since 1892

NewsHawks News Page 11

Issue 76, 15 April 2022

IMF raises red flag on Command Agric

BERNARD MPOFU

THE International Monetary Fund (IMF) has Cottco is among companies that took part in Command Agriculture.
expressed concern over the limited levels of trans-
parency and accountability on the country’s ag- Last month, a damning parliamentary report sa and the central bank disregarded the law in implicated in the shoddy transactions and con-
riculture import substitution programme, widely on Command Agriculture exposed how former discharging the programme. Members of Par- tinue to be involved in this scheme. Sakunda got
known as Command Agriculture, amid growing Finance minister Patrick Chinamasa and the Re- liament are now calling on the Zimbabwe An- millions of dollars without going through requi-
criticism of the scheme. serve Bank of Zimbabwe superintended over a ti-Corruption Commission (Zacc) to probe their site tender processes.
murky and illegal process through dubious ap- actions, which bordered on criminality.
Zimbabwe, once regarded as the bread basket provals of Treasury Bills that have saddled the Other companies which took part in the Com-
of Africa due to good agricultural output and fa- government with a debt of nearly US$1.6 billion. Parliamentarians have also called for a forensic mand Agriculture programme are FSG, Quton,
vourable climatic conditions, has over the years audit to establish how much the country lost in Pedstock, Cottco, Sable Chemicals, Valley Seeds,
experienced a huge slump in the sector’s con- According to Parliament’s Public Accounts the shady arrangement, done outside the tender Seed Co, Windmill and ZFC.
tribution to the economy after production was Committee (PAC) report presented in March process. The report showed that several com-
disrupted by the controversial land reform pro- following a two-year probe on how funds were panies, including Sakunda Holdings owned by Reacting to the report, former Finance min-
gramme embarked on at the turn of the millen- used under the Special Maize Programme better business tycoon Kudakwashe Tagwirei, who is ister Tendai Biti raised the red flag, alleging that
nium and bad policies. known as Command Agriculture, Chinama- President Emmerson Mnangagwa’s adviser, were the final report was doctored to exonerate cor-
rupt individuals.
The land reform programme, which govern-
ment says was meant to correct colonial legacies,
resulted in over 4 000 white commercial farmers
losing vast tracts of land to mainly black Zimba-
bweans.

In an attempt to reverse this trend, govern-
ment introduced several programmes such as the
farm mechanisation programme and later on the
Command Agriculture scheme, which saw the
government subsidising farming inputs such as
seed, agrochemicals and fertilisers. Critics, how-
ever, say the programme is not only a huge bur-
den on taxpayers, but is shrouded in secrecy and
is also linked to the ruling Zanu PF benefactors.

Following a public outcry over the facility, the
government partnered with local bank CBZ in
rolling out the programme, but critics say more
disclosures are needed.

A detailed IMF report released this month af-
ter conclusion of Article IV Consultations shows
that the programme is not only fraught with
risks, but also lacks the transparency.

“Although the input financing under the
Common Agriculture Programme was trans-
ferred to the banking system under a risk shar-
ing arrangement, risks to the budget remain as
the government provides an 80% credit default
guarantee,” the IMF said in its latest report on
the country.

“Limited information, including on costs and
beneficiaries, hampers the assessment of the ef-
fectiveness of the programmes.”

Page 12 News NewsHawks

Issue 76, 15 April 2022

MOSES MATENGA Mthuli Ncube quizzed over
broken forex auction system
FINANCE minister Mthuli Ncube was this
week quizzed over why the government was Finance minister Mthuli Ncube
insisting on a broken forex auction system that
is costing the country over US$2 billion a year Former Finance minister Tendai Biti
amid fears the move could burden citizens with
toxic debt. something that is not working? Just allow the in, challenging Ncube to come clean on why he can the minister also guarantee that we will not
floating of the exchange rate so that those who was insisting the auction system was working have another RBZ debt acquisition at the end of
Harare East member of Parliament Tendai have money will get the foreign currency in the when payments were lagging behind. this financial year?”
Biti questioned Ncube’s motive in insisting on system and those who want to buy will purchase
the Dutch auction system that he warned could and the Zimbabwe dollar will find a fixed open “Can the minister explain if the auction rate is In response, Ncube said: “Basically, the back-
plunge Zimbabwean citizens into further. Eco- market rate. Why are you maintaining some- working, why are we eight weeks behind because log that you referred to will be cleared in three
nomic commentators say the system is now a thing that is broken?” eight weeks at US$40 million a week is US$320 steps. I can also assure you that we will not be
conduit for corruption by shelf companies. million. Can the minister guarantee us or explain accumulating any debt from the auction within
Harare North MP Rusty Markham weighed to us how they can clear the backlog? Secondly, the next three months.”
“The Dutch auction system is costing around
US$40 million a week, so the Reserve Bank of
Zimbabwe (RBZ) is disbursing around US$40
million a week to finance and support the Dutch
auction system. If you multiply that by 52 weeks
in a year, that brings you to around US$2 billion,
which money the RBZ does not have,” Biti said.

“Only in December, this House approved the
Assumption of Debt from the RBZ, of around
US$3.5 billion. Why are we maintaining a
Dutch auction system that the country cannot
afford and is creating indebtedness to the ordi-
nary average Zimbabwean?” Biti, who was the
Treasury chief in the inclusive government be-
tween 2009 and 2013, asked.

“Why not simply float the Zimbabwean dollar
so that there is an open market and the market
will settle at a price? As I am talking to you right
now, yesterday the Dutch auction system was
$150, but in the supermarkets, it is now $320
and by June, the parallel rate will be 1:500. Why
not simply float the Zimbabwean dollar?’

In his response, Ncube defended the contin-
ued reliance on the system, insisting it is work-
ing. “The gist of this question is that we cannot
afford the Dutch auction system and therefore, it
ought to be replaced by something else, a floating
exchange rate. We can afford the Dutch auction
system,” Ncube said.

“If you have noticed in the last few weeks, what
happened to the auction yesterday (Tuesday); we
sold foreign currency to the tune of about US$32
million. We have adequate resources to basically
follow through with the provision of foreign cur-
rency to those who were successful in bidding for
the foreign currency,” Ncube said.

He conceded that there are challenges with
the system and that the payments were lagging
behind.

“However, it is also correct that in the past, we
have had a gap, a lag in the disbursements and
that gap is being closed; it will be closed,” he said.

“What we have done in terms of the price dis-
covery process, we have been fine-tuning it, we
have noticed that — the first thing we did as the
first step was to introduce the SME window. We
then followed that up last week by introducing
a window through the banks on a willing-buyer,
willing-seller basis up to US$1 000 through the
normal banking system.

Again, this is meant to improve our price dis-
covery process” Ncube said.

“The auction was designed and set up to deal
with the price discovery process as well as to
supply the much-needed foreign currency. The
resources that he (Biti) refers to per annum that
the central bank is able to outlay in terms of the
foreign currency is what this economy needs and
this is what is also driving this economy in terms
of foreign currency requirements.”

But Biti remained unsatisfied with Ncube’s
response, saying the auction was lagging behind
by at least two months, forcing private businesses
now resorting to the black market adding that
alone was an indicator of a broken system.

“Any importer and any person dealing with
the auction will tell you that there is a time lag
of nearly two months, an average of two months
or eight weeks between the time when your bid
is accepted on a Tuesday and the time that an
actual disbursement of foreign currency is made
by the RBZ,” Biti said.

“That means that the system is not coping,
there is no sufficient foreign currency. We also
know that there is no sufficient foreign currency
because, according to the RBZ itself, the auction
system is meeting 26% of the demand. So most
businesspersons are sourcing our foreign cur-
rency on the streets at 4th Street, that is why as
a result of supply and demand, the rate on the
market is shooting.”

“Today, it was $320; official shops are trading
at $280. That means that the Dutch auction sys-
tem is not working. Why are you maintaining

NewsHawks News Page 13

Issue 76, 15 April 2022

US embassy raises alarm over prisons

NYASHA CHINGONO

THE United States embassy in Harare has A report by the US embassy claims prison conditions inZimbabwe are harsh and life threatening.
raised alarm over the human rights situation in
Zimbabwe’s prisons and the deteriorating con- be transported to hospitals for medical treat- sexual abuse. ents, leading to malnutrition for some inmates.
ditions, which include overcrowding, sexual ment, unsanitary conditions and cold winters “Female inmates reported violence and sexu- “According to NGOs, food shortages were
abuse of female prisoners and lack of medical led to severe and sometimes fatal medical con-
care. ditions. Detainees who were denied bail were al abuse. Despite support from NGOs, prison widespread in prisons but not life threatening.
often held in severely overcrowded remand distribution of menstrual hygiene supplies was The harvest of prison farm products provided
In its 2021 Human Rights Report, the US cells for multiple years while awaiting trial,” limited. Women often lacked access to pre- and meals for prisoners. Protein was in short sup-
embassy notes that prison conditions were says the report. postnatal care and emergency obstetric ser- ply, particularly meat. Prisoners’ access to clean
harsh and life threatening. vices.” water varied by prison. NGOs worked with
The US also raised alarm on the treatment of prisons to provide enhanced water collection
“Prison conditions were harsh and life female prisoners, amid reports of violence and Prisons are also facing an acute food short- systems,” the US embassy says.
threatening due to overcrowding, food short- age, with available food lacking critical nutri-
ages, lack of water, physical mistreatment of
prisoners, lack of access to personal protective
equipment to mitigate the spread of Covid-19,
and inadequate sanitary conditions and medi-
cal care,” reads the report.

The report also paints a gory picture of the
country’s prisons, with overcrowding and lack
of good hygiene a daily reality.

“Conditions in prisons, jails, and detention
centres were harsh. While some prisons operat-
ed below capacity, NGOs reported most were
overcrowded due to outdated infrastructure
and judicial backlogs,” further reads the report.

The Zimbabwe Prison and Correctional Ser-
vice (ZPCS) was also found wanting, failing to
properly maintain prisons, provide adequate
food, water, sanitary conditions, or personal
protective equipment during the global pan-
demic.

ZPCS, according to the report, failed to
transport prisoners for routine remand, a situa-
tion which prolonged detentions.

“According to the ZPCS, remand prisons
were overcrowded. Authorities often held pre-
trial detainees with convicted prisoners until
their bail hearings. Due to fuel shortages, the
ZPCS was at times unable to transport pretri-
al detainees to court hearings, resulting in de-
layed trials and longer detentions.”

Lice are also a common problem, while in-
mates with emergency medical conditions, the
US embassy says.

“If available at all, blankets and clothing
were often unwashed and soiled. Lice were a
common problem. Although detainees could

Page 14 News NewsHawks

Issue 76, 15 April 2022

Uniformed forces rehearse at Barbourfields Stadium, Bulawayo, in preparation for Independence Day celebrations.

Poverty overshadows Independence Day

LIZWE SEBATHA litany of churches. sport utility vehicles and other top-of-the-range Most industries in Bulawayo have closed.
In the central business district, there has been cars. transformation at all. The gap between what
ZIMBABWEANS celebrate Independence from people fought for and what is on the ground is
minority settler rule on Monday with little opti- no major infrastructural development for years Bulawayo motorists and residents have been very huge. It is a sad situation that we see today
mism owing to shrinking democratic space, cou- with the incomplete and decaying Bulawayo Cen- grappling with gaping potholes, unmarked roads where those who fought so hard for a free society
pled with a long-running socio-economic crisis tre standing as the last project. and malfunctioning robots and streetlights until it are living in an unfree society. There is still a need
characterised by a free-falling local currency. was announced that the Independence Day cele- to fight for those things that people fought for
The city faces perennial water challenges. brations will be held in the city. during Independence. We need change. We need
This year’s Independence Day celebrations will “It is ironic that Bulawayo has regressed in the to change the government.”
be held in Bulawayo for the first time since 1980 past 42 years, and somebody who died in 1978 But analysts said there is nothing to celebrate
under the theme Zim@42: Leaving No One and would get a shock if they come back to life. They amidst widespread poverty and shrinking demo- Former Nkayi South legislator Abednico Bheb-
No Place Behind. will think that Bulawayo is now a ghost town. It’s cratic space. he weighed in, saying celebrating Independence
a challenge to the political leadership of the land. in Bulawayo is cosmetic.
But for the people of Bulawayo, and, indeed, We cannot be having celebrations under such cir- “The whole ethos of the liberation struggle was
many Zimbabweans elsewhere, there is very little cumstances,” Nkomo added. about freedoms — political and economic — but “Zimbabweans have not been given their po-
to cheer about. The Bulawayo City Council (BCC) has bud- if you look at it in a more realistic sense, most of litical rights. Zimbabwe is now a one-party state
geted US$1 million to spruce up the city and re- those desired freedoms have not been achieved. kind of set-up. There is also no accessibility to
For 42 years, Zimbabwe has become synony- habilitate roads leading to Barbourfields Stadium Looking at economic rights, for example, there economic rights as the economy remains in the
mous with chaos and corruption, and more re- to ensure the country’s elites have a smooth ride is deep poverty,” political analyst and lecturer hands of a few, and those people are politically
cently with the desperate attempts of President to the venue of the celebrations with their luxury Methuseli Moyo said. connected and those people are associated with
Emmerson Mnangagwa to cling to power at any corruption,” Bhebhe said.
cost. Effie Ncube added: “We have not seen any

Mnangagwa made a basket of promises when
he assumed power on the back a military coup
in 2017 as he vowed to break away from the late
president Robert Mugabe’s controversial rule and
improve the lives of ordinary Zimbabweans.

But four years on, citizens have been pushed
into deep poverty, grappling with the ever-rising
cost of living as the local currency slides in value,
sparking an increase in prices of basic goods and
services.

On the political front, there has been a sus-
tained onslaught against government critics.

The government wants to railroad the Private
Voluntary Organisations (PVO) Bill to regulate
the operations of non-governmental organisa-
tions (NGOs), trusts and other groupings that
have exposed corruption and spoken out against
human rights abuses and mis-governance.

Lawyers and traditional leaders have also been
targeted.

Analyst Dumisani Nkomo said hosting the In-
dependence Day celebrations in Bulawayo was a
stark reminder of the de-industrialisation of a city
once termed the industrial hub of the country.

“It’s a welcome development to hold the cele-
brations in the city, seeing that symbolically the
struggle for liberation began in Bulawayo, but it is
ironic in the fact that Bulawayo is still marginal-
ised and still underdeveloped,” Nkomo said.

“Actually Bulawayo was more developed before
Independence with industries, with a good road
network and other infrastructure and social ame-
nities.”

The city suffers urban decay, with the once
bustling Belmont industrial area taken over by a

NewsHawks News Page 15

Issue 76, 15 April 2022

Uhuru celebrations preparations in photos

Page 16 News NewsHawks

Issue 76, 15 April 2022

MOSES MATENGA Zanu PF needs new candidate
to win 2023 polls — Kunaka
ZANU PF is facing the risk of losing the 2023
elections if it fails to reform and deploy a new  . . . faces defeat under Mnangagwa
candidate to replace President Emmerson Mnan-
gagwa, whose popularity in and out of the party is going to lose the elections. They must change the Former Zanu PF member Jim Kunaka.
waning, a former party official has warned. striker. The striker is too old, he can’t even match
the CCC leader (Chamisa) or even MDC-Alli-
Mnangagwa is embroiled in a fight for the con- ance leader (Douglas Mwonzora) though he is a
trol of the party with his powerful Vice-President failure.”
Constantino Chiwenga, amid hushed internal
calls to vote him out at party congress due this “Zanu PF must bring a young leader for the
year. 2023 elections and Mnangagwa can remain a
party president and field a younger candidate. I
There have been manoeuvres by the Chiwenga don’t know if they have a younger candidate who
camp to have the former army commander chal- is suitable after chasing away young leaders in
lenge Mnangagwa and become the party candi- 2017.”
date to face Citizens’ Coalition for Change (CCC)
leader Nelson Chamisa in 2023, while others are “They are heading for disaster in 2023. Zanu
calling for a fresh face to ensure electoral victory. PF needs to be rebranded if they believe they want
to remain in power.”
Former party national commissar Saviour Ka-
sukuwere’s name has been thrown into the ring, There has been growing discontent within
with calls for him to return and challenge Mnan- Zanu PF over Mnangagwa’s leadership style, with
gagwa. the former Justice minister being accused of trib-
alism and appointing his relatives to key positions
Former Zanu PF member Jim Kunaka, who in government and other bodies.
was fired in 2017 for alleged links with the party's
G40 cabal that had coalesced around the former Musengezi last year took Mnangagwa to court,
first lady Grace Mugabe in the succession matrix, challenging his rise and arguing it was unconsti-
said with Mnangagwa on the presidential ticket tutional.
next year, Zanu PF faces defeat.
This week, Musengezi said despite being a
“If Zanu PF want to win the 2023 elections, staunch Zanu PF official, he will not vote Mnan-
they should bring everybody who is outside back gagwa in 2023 because he has failed to take the
to the party without any condition and allow country forward.
everyone to contest for any position of interest,”
Kunaka told The NewsHawks. “I am not voting Mnangagwa if he is our presi-
dential candidate in 2023,” Musengezi said.
Several party leaders and ministers linked to
the late former president Robert Mugabe were “He and his administration have clearly failed.
forced into exile following a military coup in No- Corruption is too much, his cabinet has dunder-
vember 2017 that led to the ouster of the leader, head and arrogant ministers with misplaced prior-
who had been in power for 37 years. ities. They destroyed our healthcare and education
systems,” Musengezi said.
After Mnangagwa’s takeover, which has since
been challenged in court by Sybeth Musengezi, There are also fresh fears of intra-party sabo-
a Zanu PF youth league member, several party tage, known as “bhora musango”, if Mnangagwa is
leaders, including Kasukuwere, former ministers allowed to stand in next year’s elections.
Jonathan Moyo, Walter Mzembi, Patrick Zhuwao
and Godfrey Gandawa were hounded out, amid As reported by The NewsHawks in February
fears of being arrested. this year, a security report by the Central Intelli-
gence Organisation (CIO) showed that the ruling
“I last heard the President (Mnangagwa) say let party had a 45% probability of winning the 2023
bygones be bygones, but why are they not allow- elections owing to supporters’ unhappiness with
ing those who are in exile to come back in the internal election outcome and failure to deliver
country, allow them back in the party, and allow after the 2017 military coup.
them to contest?” Kunaka said.
Security sources at the time told this publica-
“The ruling party has to be intact to allow tion that party honchos were sweating after the
them to win the 2023 elections. These old men CIO report made it clear that Zanu PF was facing
are tired. They no longer think, the economy is defeat to the opposition in 2023 as disgruntled
shrinking on daily basis and people are tired in party members had vowed to vote in protest.
this country. Just imagine, you print a ZW$100
note and it doesn’t buy half a loaf of bread. Where There are serious fights across provinces as par-
are we going as a country?” Kunaka asked rhe- ty officials are still fighting over the outcome of
torically. restructuring exercises they feel were manipulated
to favour Mnangagwa’s allies who had lost.
“Zanu PF has lost direction now. They can’t
even follow what they fought for.”

“Look at the Zanu PF hierarchy now. All of
them are in their 70s and 80s in the politburo.
Zanu PF is not reforming itself. Why not bring
in fresh minds and young people into the polit-
buro?”

“Youths in the structures should now be vocal
to stop the old people to kill the party. If they
don’t rebrand now, it means in 2023 something
is going to happen in this country. Zanu PF is

President Emmerson Mnangagwa Vice-President Constantino Chiwenga

NewsHawks News Page 17

Issue 76, 15 April 2022

WHEN operations ground to a halt at integrat- Ruin and decay as prolonged
ed steelworks giant Ziscosteel years ago, one of water crisis troubles Redcliff
the most visible signs of industrial collapse was
the sudden disappearance in the copious smoke Redcliff Municipality owes Kwekwe City more than ZW$150 million for water supply.
produced by blast furnaces number 3 and 4. The
beginning of endless water supply problems for of the Second Republic. Let's talk about employ- costeel up and running,” she said. doned as it was not sustainable so it’s back to the
Redcliff town also marked this shameful moment ment creation and technology,” Industry minister Ziscosteel board chairperson Martin Manuhwa drawing board,” he said.
in Zimbabw's economic history. Sekai Nzenza said.
said the company is looking at kick-starting pro- Redcliff Council then instituted another fea-
Redcliff, a sprawling dormitory town which The government recently courted Kuvimba duction at least a year from now. sibility study which highlighted the need for the
came into existence on the back of Ziscosteel, is Mining House as the new Ziscosteel investor in town to have its own water treatment plant.
now a pale shadow of its former self. the next three years with an investment outlay ex- While talks of the rescucitation of the company
ceeding US$1 billion. are ongoing, the Redcliff mayor says the town has “We had another feasibility study were we
Dereliction is manifest in the unkempt gardens been exploring ways of being self-reliant in water agreed to have our own water treatment plant
of the once smart surburbs of Redcliff. The local “When I started in the ministry of Industry, supply. here in Redcliff while we draw raw water from
elite occupied the plush houses when Ziscosteel one of my main tasks was rescucitating Zisco- Dutchman Pools in Kwekwe. We then adopted
was still functional. Today there are signs of ruin steel. I understand there was a sense of pessimism, “During the years 2017 and 2018, we had a that resolution and we are currently looking for
and decay in the nearby Torwood and Rutendo which was understandable given the journey Zis- feasibility study as we wanted to be an indepen- an investor,” Masiyatsva said.
suburbs. costeel had travelled and also given the number of dent water authority. We had that feasibility study
interested potential investors who were going to looking at our nearby water sources such as Cac- In the meantime, while council is considering a
At the core of these challenges are incessant wa- come to Ziscosteel. In the Second Republic, the tus Poorte (Dam), Mbembeswana (Dam), and long-term solution to the water challenges which
ter challenges due to Ziscosteel’s closure. President (Emmerson Mnangagwa) is about pro- Green Dam. We wanted to get an investor whom have been excarebated by a growing population
duction and input substitution and value addi- we could partner with so that we would get our and aged infrastructure, Redcliff has decided to
Over the years, residents have tried to lobby tion and mainly looking at what natural resources own water source,” Masiyatsva said hand over the management of water to Kwekwe.
their municipality into solving the water crisis, this country has and that we are gifted with vast
but they have since given up after hitting a brick amounts of iron. The project, however, suffered a stillbirth as “Council on 9 February resolved that since the
wall. They now rely entirely on boreholes. Cactus Poorte did not have enough capacity for a project would take three years for us to get our
“What the President is saying is that we need sustainable project. own water treatment plant, we then agreed to
“But it’s not our fault,” Redcliff mayor Clayton technology and seeing equipment around Zisco- have a tough decision. We resolved that we will
Masiyatsva said in an interview. steel and saying how best can we rescucitate Zis- “We had then earmarked Cactus as a poten- give Kwekwe the administration of water and col-
costeel. tial water source for the town, however, after the lecting rates from residents.
According to Masiyatsva, the water challenges conclusion of the study Cactus only had water
are tied to the closure of Ziscosteel. We now know that there is right technology which would sustain the town for only five years. We are concerned with the ballooning debt at
and what we have here is not totally redundant. We had then agreed with the investor that we Kwekwe which is now over ZW$100 million,” he
“Water challenges in Redcliff have been with us So we can use the equipment here and also bring would roll out prepaid water meters and he was said.
for a very long time. The long-standing problems on board that investor who had the expertise, who supposed to get a certain percentage from water
of our situation are caused by the fact that Zis- is able to bring the right technology and get Zis- billing as a way of recouping his investment for Masiyatsva said discussions on handing over
costeel was Redcliff’s water authority. The water the next 15 years. However, that had to be aban- the administration of water supply to Kwekwe are
was pumped from Kwekwe Council to Ziscosteel, currently underway. —STAFF WRITER.
then Zisco in turn would sell the water to coun-
cil,” he said, adding: “When Ziscosteel was func-
tional, we didn’t have problems.”

Upon the closure of the steelworks giant, the
administration of water was handed over to Red-
cliff municipality.

“At its peak, Ziscosteel used to employ at least
6 000 people and these people were retrenched
in 2016. Since then, Ziscosteel indicated that it
could not continue to be the middleman on the
water issue since it was no longer producing and
didn’t have urgent use for the water.

Redcliff Municipality then handed over the
administration of water by Ziscosteel to Kwekwe
City.

“When we inherited the water administration,
we also inherited a US$16 million debt to Kwe-
kwe City which was initially cleared by govern-
ment following the Ziscosteel Debt Assumption
Bill. However, despite the clearing of the leg-
acy debt, our debts to Kwekwe have continued
mounting,” he said.

Redcliff is owing nearby Kwekwe City more
than ZW$150 million for water supply, a situa-
tion which has seen intermittent water cuts, ag-
gravating the satellite town's water shortage.

Masiyatsva said only 20% Redcliffe residents
are paying their bills, worsening the situation.

While there is a glimmer of hope and a change
of fortunes for the town with the coming in of a
new investor, Kuvimba Mining, people in Red-
cliff are yet to be convinced.

“People are now tired of these promises of
the rescuscitation of Ziscosteel that the news of
Kuvimba coming to town is not bringing in any
excitement. It's business as usual since for a long
time people in Redcliff have been lied to and this
time around they are just waiting to see if govern-
ment will keep its promise. We have had situa-
tions where potential suitors have shown interest
in the company, but nothing came out of those
so-called engagements,” Redcliff member of Par-
liament Lloyd Mukapiko said.

He added that under the present scenario it
will be near-impossible for the residents to settle
their bills, most of whom are former Ziscosteel
employees.

“It will be difficult for the residents here to set-
tle their bills. We have a situation where people
here are failing to have decent meals. Most are
going to bed hungry. What is more saddening is
the fact that government since the closure of Zis-
costeel is yet to settle them (former workers) in
terms of their pensions. Indeed people are in hard
times,” Mukapiko said.

The government says the latest promise to
rescucitate Ziscosteel is not yet another election
campaign.

“I can understand when people are sceptical
about the resuscitation of Ziscosteel, that is totally
understandable. However, this is not business as
usual, we are doing something with a difference.
We have engaged an investor with a track record.
This is not politicking or electioneering. Let's not
look into the past, let us look at the achievements

Page 18 News NewsHawks

Issue 76, 15 April 2022

MOSES MATENGA Marry: Human rights groups
pile pressure on Mnangagwa
PRESIDENT Emmerson Mnangagwa is un-
der intense pressure to act and facilitate that his l petition Sadc, AU to intervene
Vice-President Constantino Chiwenga’s ex-wife
Marry Mubaiwa is afforded an opportunity to Marry Mubaiwa
travel for medical care outside the country as her
health condition continues deteriorating, while The executive director of United Nations lapsed and has failed Marry.” dently afraid of Chiwenga.
the judiciary is refusing to hand back her pass- Women, Sima Sami Bahous and the president of “If you are not careful, Marry’s matter will rank “The mission of your (Angel of Hope) foun-
port. the European Courts of Human Rights, Robert
Ragnar Spano, were also petitioned. very high amongst those that will define your dation is to provide access to healthcare. Why are
Human rights defenders have petitioned legacy. Is such a glaring case of abuse of power you not advocating for Marry to have access to
Mnangagwa, his wife Auxillia, the Southern In an open letter to Mnangagwa, Restoration against a mother and by extension her innocent medical treatment either in Zimbabwe or outside
African Development Community, the United for Human Rights, represented by Vongayi Mu- children what you want to be remembered for?” the country?” a letter to Auxillia Mnangagwa
Nations Women and several other institutions to fara, said Mnangagwa’s legacy will be dented by reads.
stop what they see as the flagrant violation of her continuous silence while Mubaiwa’s rights are “Marry’s case is one of the most despicable hu-
rights. being violated. man rights violations to happen under the ‘new “What message are you sending to the nation?
dispensation’." Are you saying it is okay for women to be treated
Mubaiwa has been unwell since the dead- “Mr President we are pleading that Marry be like this?”
ly 2018 White City Stadium grenade blast in allowed to seek medical help outside Zimbabwe The human rights organisation also said the
Bulawayo and, according to a medical report where she can get help that she needs. It is clear First Lady must use her influence to demand jus- “We look forward to your intervention, moth-
by specialist trauma and orthopaedic surgeon and well known that our health system has col- tice for Mubaiwa at a time women's groups in er. You cannot just ignore such a glaring case of
John Nyahunzvi, the former top model was on Zimbabwe have remained quiet as they are evi- abuse and neglect.”
post-revision surgery for a right humerus shaft
refracture and her condition was critical.

Nyahunzvi said her condition has necessitated
hospitalisation and stabilisation with a plan for
emergent right high above elbow amputation as
soon a she is deemed medically stable.

Mubaiwa was convicted on Wednesday this
week for violating the Marriages Act after lying
that her former husband had consented to solem-
nise their wedding while he was receiving medi-
cal care in India. She was slapped with a wholly
suspended one-year sentence and ordered to pay
a ZW$60 000 fine by magistrate Lazini Ncube
who also felt she would be unable to do commu-
nity service due to ill-health.

Mubaiwa’s family last week said they were los-
ing hope as the former top model is in urgent
need of her travel document to seek medical at-
tention abroad.

“Grave injustice is being perpetrated against
Marry and if we do not act now, she will lose her
life,” the Restoration for Human Rights said in a
petition to Mnangagwa.

“Marry has a right to life and a right to receive
adequate medical care. Please sign the petition
and let’s help Marry to live and see her children.”

The human rights organisation said Mubaiwa
has been denied access to her own children and
described the move as a violation of her rights.

“Marry is gravely ill and her condition is life
threatening. In 2020 the courts were warned
that if Marry did not receive specialist treatment
which was not available in Zimbabwe then she
would have to get her forearm amputated but the
court did not take the report seriously,” the hu-
man rights organisation said.

“Now a report from Dr John S Nyahunzvi
dated 29 March 2022 indicates that amputation
is now necessary once Marry is deemed medi-
cally stable. She has not been allowed to see her
children since 2019 and when the High Court
allowed her to have access to her children, her
ex-husband, Vice-President Chiwenga appealed
to the Supreme Court and had the High Court
decision reversed, meaning that Marry would not
be allowed to see her children.”

“Marry is not a danger to her childre,n but the
Supreme Court’s decision is now denying those
children their right to family life and Marry’s
right to be a mother.”

The organisation protested that Mubaiwa has
been dragged to court despite ill-health that has
seen her on several occasions collapsing.

“In contrast, Prisca Mupfumira, a former
government minister who was implicated in the
looting of US$95 million of state funds, was giv-
en permission to not attend court because she
said she was not mentally fit to attend court and
was even granted permission to travel abroad on
a business trip,” the report reads.

Mubaiwa was arrested in 2019 for allegedly
breaching the Marriage Act and is also accused of
trying to kill Chiwenga while he was hospitalised
in a South African hospital.

She is also facing charges of externalisation and
assaulting her former maid.

The human rights group also petitioned the
government, Parliament, the Zimbabwe Gen-
der Commission, ministry of Women's Affairs,
Gender and Community Development, Women
of Zimbabwe Arise (Woza), among other stake-
holders.

Malawian President Lazarus Chakwera was
also petitioned in his capacity as the current Sadc
chairperson together with African Union chair-
person Macky Sall.

NewsHawks News Page 19

Issue 76, 15 April 2022

Economic woes cloud Easter holidays

NATHAN GUMA Little disposable income makes it difficult for Zimbabweans to buy luxury goods like Easter eggs.

APRIL has always been associated with festiv- Agency (ZimStat) report for March, Total For various Christian denominations, the tion. It is recovering from the pandemic to
ity and grandeur. Like Christmas when Chris- Consumption Poverty Line (TPCL) for a fam- holiday will not be the same. continue carrying out its task.”
tians celebrate the birth of Jesus Christ, shop ily of six was estimated at ZW$58 242.
interiors are known to be lightly decorated With a new Covid-19 variant being detect- In addition, Reverend Mtata says Easter
with sparkling doilies and tinsel. The Food Poverty Line (FPL) for one per- ed, life is unlikely to be the same. Botswana holiday gatherings will give churches a chance
son in March 2022 was ZW$7 062. discovered new Omicron BA4 and BA5 vari- to meet with backsliding congregants
During Easter, when Christians commem- ants.
orate the death of Jesus on the cross on Good Total Consumption Poverty Line for one Zimbabwe Christian Ministers Association,
Friday and celebrate his rising from the dead person stood at ZW$9 708.15. An individual The government has therefore warned the a non-profit self-regulatory body of church
on Easter Sunday, it is common for church would need this amount for them not to be nation against complacency “as winter is fast ministers, believes the holiday is an oppor-
denominations worldwide to gather and re- deemed poor. The amount is difficult to come approaching and the country readies for the tunity for several denominations to practice
mind each other of the importance of Jesus’ buy, considering the salary earned by an aver- Easter and Independence Day holidays”. goodwill.
death and the significance of his rising from age government employee.
the dead. Most churches without own premises have “Our members have their churches who
A teacher in Zimbabwe earns a monthly sal- been relying on schools during the holidays. have been helping the vulnerable during the
In shops worldwide, it is common to see ary of ZW$30 000, an amount insufficient to Covid-19 pandemic; we also worked with
decorations associated with the period, of cover basics like food, health and education The director of communication and advo- Higherlife
course dominated by Easter Bunnies and eggs. — let alone luxuries. cacy in the ministry of Primary and Second-
ary Education, Taungana Ndoro, said such Foundation, and pastors would identify the
But it is not only Christians who celebrate; This makes it difficult for people to buy churches ought to observe national Covid-19 needy so they can be helped,” said Christo-
for the non-religious and people of other re- luxury goods like chocolate, Easter eggs and protocols. pher Choto, a founder of the association.
ligious persuasions, this is a time to catch up others over food.
with friends and family. It is time to relax and This will avoid a recurrence of the time “During the holiday, we will be supporting
go for holidays or catch up with those in the To small-scale retail outlets, discounts are when government barred churches from rent- programme rolled out by our people (member
rural areas. a golden goose. In years gone by, many re- ing school premises to curb the spread of the churches),” Bishop Choto says.
tail outlets used to roll out sales promotions pandemic.
Television, billboards and several forms of during the week preceding the holiday. “There will be conferences just to encourage
advertising media traditionally carry commer- Zimbabwe Council of Churches secre- one another. I myself have got a conference
cial messages which condition people’s minds, Nevertheless, only bigger companies selling tary-general Kenneth Mtata says the church’s also going.”
preparing them for the holiday mood. luxury products like furniture have been offer- failure to meet this holiday is likely to have a
ing discounts on marked products. devastating effect on congregants’ well-being. The cleric says people should use the time
Business owners have been known to capi- to iron out their differences and live as Christ
talise on the holiday whose cultural magnet- “If I make a discount, it would be difficult “In addition to the effects of the pandemic counselled.
ic field has created a billion dollar industry for me to cover the deficit due to low sales. It to the secular economy, this has had a huge
around the world. would be difficult for us to make profit, con- effect on the financial sustainability of church- “This is where we are and we thank God,”
sidering inflation,” a retailer who spoke on es,” he says. Bishop Choto said.
Despite the associated festivity and gran- condition of anonymity said.
deur, the Easter holiday is not always what it “But the church is a hope-giving institu- “The Lord has taken us this far. Let us cel-
used to be. ebrate and use Easter to forgive one another.

Several reasons, particularly economic
hardships, have resulted in low-key celebra-
tions over the years in Zimbabwe.

The Covid-19 pandemic is also a factor.
Obey Mabwe, a youth based in Harare, says
while he has knowledge about the holiday, he
does not know its importance beyond remem-
bering Jesus’ death.
“I only know Easter from a religious per-
spective,” Mabwe says.
“I do not even know what items to buy
when the holiday comes, neither do I see rea-
son to celebrate. All I know is that people con-
verge at churches to worship; everything else,
I am not sure.”
The young man says economic hardship
have seen people like him neglecting such hol-
idays compared to popular ones such as Valen-
tine’s and Christmas.
“Easter comes after Valentine’s Day,” he
says. “People will be under so much financial
pressure as they would have already exhausted
their money in February hence no need to buy
luxuries. In addition, whilst Easter is about
loving the Creator, people seem to care much
about pleasing their partners through buying
gifts on Valentine’s Day, hence its loss of sig-
nificance.”
Some clothing shop owners say Christian
denominations have been ordering clothes in
bulk ahead of Easter, boosting their sales in
the process. These include choirs, praise and
worship teams, and groups within the church
such as ushers.
“We mainly take orders from church mem-
bers who will be in need of clothes for the hol-
iday,” a clothes retailer at Nyanhokwe Mall in
Harare’s central business district said.
She, however, said consumers are priori-
tising basic commodities over luxuries like
clothes. Her opinion is supported by the Con-
federation of Zimbabwe Retailers (CZR).
CZR president Denford Mutashu says con-
sumer purchasing behaviour is likely to be af-
fected by inflation.
He says while Easter is known for impulsive
and bulk buying, the holiday frenzy propels
demand for goods and commodities.
“Our situation is unpredictable owing to
low disposable incomes and the impending
schools opening in May,” Mutashu says.
He says most people have no luxury to
spend on booze and other niceties hence they
would go for basics.
“A smaller proportion will focus on home
improvement like household goods,” he adds.
According to the Zimbabwe Statistical

Page 20 News NewsHawks

Issue 76, 15 April 2022

JONATHAN MBIRIYAMVEKA Muradzikwa-Jemwa
court battle intensifies
THE explosive court battle between prominent
corporate executive Grace Muradzikwa and Local businesswoman Luminitsa Jemwa
flamboyant businesswoman Luminitsa Kim-
berly Jemwa has been postponed to 5 May after It is said Kundai unlawfully entered the com- the cells in the night well after the release time this accused person, since he is the only person
a court hearing on Wednesday amid renewed plainant’s home without her knowledge or had passed. Since then, the accused’s mother who entered the complainant’s house and it is
name-dropping and obstruction of the course approval and stole the complainant’s money prevented us from carrying (out) searches at his proved through investigation that the crime
of justice as the docket disappeared again. amounting to US$32 000 cash, two Rolex place of residence and influenced by being re- was carried out by the accused person, since
watches, gold and diamond jewellery, clothes leased from police custody within two hours of there is no break-in which took place.”
The case was this week marked by interfer- and bags valued at US$152 000. detention,” court papers say.
ence and disappearance of the docket as has Additional information also indicates that
happened in the past. “The accused’s mother (Grace Muradzikwa) “The accused persons are facing serious of- the dockets went missing, not once, but several
already interrupted the investigations by influ- fences, which if convicted, will face a jail sen- times, due to interference by Muradzikwa, after
Police commissioner-general Godwin encing the release of the accused person from tence and the state has a strong case against she allegedly threatened to rope in Matanga.
Matanga’s name has been dragged into the case
of unlawful entry and theft involving US$152
000 in cash and valuables, pitting Muradzikwa
and Jemwa.

Jemwa flew from Johannesburg, where she is
based, to attend court this week. She was told
to return on 5 May for trial. “We have been
told to come back to court on 5 May,” Jemwa
briefly told The NewsHawks.

Those involved in the case say Muradzikwa
has been using Matanga’s name to intimidate
Jemwa, who is fighting the corporate executive’s
son Kundai, accused of unlawful entry into his
family tenant — Jemwa’s home — and stealing
US$32 000 in cash and valuables amounting to
US$120 000.

According to court papers, Kundai Mu-
radzikwa, son to Insurance and Pensions
Commission (Ipec) commissioner Grace Mu-
radzikwa and ex-Nicoz Diamond managing
director, allegedly gained unlawful entry into
their tenant Jemwa’s house at No. 4 Quinning-
ton Road in Borrowdale Brooke, an upmarket
housing estate in Harare’s northern suburbs,
after forcing her maid to vacate the premises
over delayed payment of rentals of US$1 700
per month.

Jemwa had promised to pay the rent in cash
upon her return to Harare from Johannesburg,
which she did.

However, before Jemwa’s return, Kundai had
allegedly forced out her maid, seized the keys
and gained illegal entry into the house and stole
US$32 000, designer handbags and jewellery
— personal effects such as necklaces, rings and
bracelets — amounting to US$120 000.

After that, Kundai then called Jemwa, claim-
ing her maid had stolen her goods and left
without telling her. Jemwa, top local footballer
Nyasha Mushekwi’s former wife, now a busi-
nesswoman dating a Johannesburg-based local
businessman, rushed back to Harare and found
her money and valuables gone.

In the company of relatives, she went for
a surprise visit to her maid Musodzi Pafiwa’s
home in Domboshava, only to find that there
was nothing to suggest she had stolen money,
as her home did not even have groceries. Jemwa
then got both Kundai and her maid arrested,
even though she had not found anything at her
helper’s home.

The maid told Jemwa that Kundai had forced
her out and took control of the house keys.

It is alleged that once he got the keys, Kun-
dai unlawfully entered Jemwa’s rented property
and made off with US$32 000, four pairs of
designer shoes for men, three pairs of designer
shoes for women, bags and tracksuits, two di-
amond-encrusted Rolex wrist watches, as well
as one pair of diamond earrings, among other
items.

However, no sooner had Kundai been ar-
rested than his mother Grace, a prominent
insurance industry executive, started allegedly
interfering with police and investigating of-
ficers, saying she was well-connected, as she
knew Matanga and had “immunity” from the
law. She allegedly claimed her son also had “im-
munity”.

Grace is accusing Jemwa of falsely accusing
her son of stealing.

Police officers indicated they were unable
to proceed because of Grace’s interference and
name-dropping.

Grace is married to veteran journalist and
Zimbabwe Media Commission member Henry
Muradzikwa.

There were even claims that the Office of
the President and Cabinet was involved on her
side.But Kundai has been taken to court and
will appear on 5 May.

It is alleged the accused seized the keys from
the maid and ordered her to vacate the prem-
ises because her boss had delayed paying rent
by six days in the absence of the complainant.

NewsHawks News Page 21

Issue 76, 15 April 2022

Page 22 International Investigative Stories NewsHawks

Issue 76, 15 April 2022

InInvteesrtniagtaiotinvaelStories

A most reliable ally: How
corruption in the Russian
military could save Ukraine

A ZIL-130 truck after the destruction of a convoy of Russian vehicles in the Kharkiv region at the end of March 2022 (Photo: Twitter / @UAWeapons)

The Russian army, warheads is larger than those of all tism, theft, and embezzlement also reorganization, the officer said. Pre- fictitious,” one military expert told
considered one of the NATO countries combined. affect the training process, both in viously, the Russian army had used OCCRP. “You can’t check it inde-
strongest in the world, peacetime and during other “special so-called “cadre brigades,” many of pendently, and we all know how well
has suddenly found By these indicators, drawn from operations” in Ukraine and Syria. which were composed of reservists they can draw it up,” he said.
itself bogged down in a 2022 IISS study, Russia surpassed Corruption undermines communi- and therefore not able to quickly
Ukraine. How can cor- every other military on the planet. cation and supply lines just as much mobilize into an effective fighting A military researcher said Shoigu's
ruption, which Moscow as enemy mines do. force. Serdyukov replaced these “pa- numbers "don’t correspond to reali-
has been fighting for de- How did this formidable mili- per troops” with battle-ready tactical ty."
cades, help explain the tary machine end up almost literally Ultimately, experts say, it is cor- groups, which were first deployed in
quagmire? bogged down in what was supposed ruption in the Russian military that eastern Ukraine in 2014. “We see new models of equip-
to be a “short, victorious war” (to may save Kyiv. ment — missiles, tanks, submarines
AT the start of its invasion of borrow a phrase attributed to Tsar New Hardware Serdyukov's term ended in scan- — but in individual instances,” he
Ukraine, the Russian army was con- Nicholas II)? The Russian army has been pre- dal, although numerous criminal said.
sidered one of the strongest in the paring for a possible operation in cases and investigations over corrup-
world. In 2022, the force consisted Some sources say President Vlad- Ukraine for over a decade. In 2007, tion and other charges against him The senior military officer told
of 900,000 military personnel — imir Putin was misled, both before Anatoly Serdyukov was appointed led nowhere in the end. OCCRP that the scale of the Rus-
the world’s fifth largest, surpassed and during the operation. Others defense minister with a mandate to sian army made rearmament an in-
only by the United States, China, point out that soldiers and junior reform the armed forces. That pro- His successor, Sergei Shoigu, herently difficult task.
India, and possibly North Korea, officers were not ready for actual cess was accelerated by the eight-day pressed forward with the reforms.
according to the International Insti- combat, given the secrecy in which war with Georgia, which showed However, Shoigu’s focus was less on “This task, to put it mildly, was
tute for Strategic Studies (IISS). preparations were made. Experts that Russian troops were not ready reorganizing the army’s structure not fulfilled,” he said. “At least, it
and military officers interviewed by to fight protracted, modern con- and more on building up its arma- was not executed in the way that was
In terms of materiel, Russia pos- OCCRP both mentioned these con- flicts. ments, experts say. reported to the president every year.”
sessed more than 12,000 tanks, siderations. Scandals and Theft
6,000 self-propelled artillery vehi- “Before Serdyukov, we had, in Starting in 2013, Shoigu began The “massaged numbers” reported
cles, 3,000 multiple-launch rocket However, most agreed that the actuality, the Soviet army — huge, to issue regular public reports on by the Defense Ministry may have
systems, and about 7,000 towed ar- campaign’s failures were also rooted clumsy, with outdated equipment, a the implementation of defense pro- made Moscow overconfident in a
tillery pieces. Its stockpile of nuclear in another key factor: Corruption. lack of personnel,” one senior mili- curement. As of January 2022, the lightning victory over Ukraine, ex-
tary officer told OCCRP. ministry reported the “percentage of perts and military sources said.
The problem isn’t just that in the rearmament” — in theory an indica-
army — to put it simply — peo- Although Serdyukov “stole every- tor of what portion of the military’s “We have dozens of exercises ev-
ple steal, be that equipment, fuel, thing that wasn’t nailed down,” he materiel was new — to be more than ery year — parades, demonstration
or uniforms. There is also a lack of did in fact carry out a substantial 70 percent. launches. How can one not believe
transparency in key data, such as re- in the invincibility of the army?” the
armament numbers and costs, which But this figure was “absolutely military expert said.
opens opportunities for graft. Nepo-

NewsHawks International Investigative Stories Page 23

Issue 76, 15 April 2022

The expert did not think that Former Russian Defense Minister Anatoly Serdyukov (left) with former Moscow Region Governor Boris Gromov (center) and Dmitry Medvedev, at that time President
Shoigu was creating “Potemkin vil- of the Russian Federation, 2011 (Photo): kremlin.ru, CC BY 3.0)
lages” for Putin — that is, weapons
really were delivered to the army. force,” he said. Virtual simulators should have are sacred. But usually no one be- hold radios.
But the lack of transparent data “It’s one thing to level some un- helped make up for this, but “some- lieves them,” one soldier fighting One serviceman complained that
made it almost impossible to esti- thing happened” to them, the sol- in Ukraine told OCCRP. “It’s every
mate the proportions, which in any derground passages and tents in the dier said. Describing the simulators man in the army for himself.” even though proper military radios
case seemed to fall well shy of the 70 desert with rockets every day, it’s an- used in his unit, he referenced an old Natural Result were available, they were not dis-
percent the ministry described. other thing to fight on the ground Soviet joke about a soldier asking to Supply problems are also reportedly tributed properly. “For me, this is a
after these air strikes.” watch TV: “You can watch it, but rife. complete mystery,” he said.
The problem is not under-spend- don’t turn it on.” What’s Next?
ing. In 2022, Moscow allocated Experts said that the high number In the video shared by CIT, one The forces that participated in the
$61.7 billion for the military, the of air sorties, attempted high-preci- One teacher also described prob- voice claims that the soldiers there battles near Kyiv have returned to
fourth biggest military budget in the sion strikes, and even the content of lems in training higher-level officers. had not “eaten normally” in three or Russia and are preparing for a new
world, according to the Stockholm the Defense Ministry’s daily media Instructors were not always of the four days. attack focused on the Donetsk and
International Peace Research Insti- briefings, all suggest the military was best quality: “If there’s some kind Luhansk regions.
tute (SIPRI). Relative to GDP, Rus- relying on the Syria experience in of retired major not from the first Another video, published by the
sia outranks even the United States, the invasion’s early days. cohort, then that’s it, consider the Ukrainian military, claims to show The second military expert ex-
with 4.3 percent of its economic training totally screwed,” he told captured dry rations that expired pected that the new, more limited
output going to the military, versus But that campaign did little to OCCRP. in 2015. The veracity of the video focus would likely ease some sup-
3.7 percent. prepare ground troops for “a thou- could not be confirmed, but the ply and logistical problems. But he
sand things that you couldn’t think While the problems were nev- high-ranking military officer said added that this would not eliminate
But a second expert said that about so much in Syria,” the second er “too harsh,” such an instructor that expired rations were common questions about the readiness of
while these were “impressive num- expert said. might “bring cognac to a test, shout in the army: “They lie in warehouses equipment and the lack of import-
bers,” most observers at everyone in formation, put every- for years, no one needs them. Why ant items, such as radios.
One retired soldier who fought one in plank position — this is the throw them away now? It’s canned
“don’t understand at all what this in eastern Ukraine in 2014 put it norm,” the teacher said. food, what’s going to happen to it?” With this second stage of Rus-
money is spent on. We don’t have this way: “Money was still found sia’s campaign underway, it is also
any opportunities to control, check for machinery, equipment, some Corruption and hazing — the Three soldiers participating in the unlikely that senior officials will be
these expenses.” developments, but for equipping practice of humiliating new con- Ukraine campaign also told OC- tackling the root issue of corruption
the army itself, and training it after scripts — also contribute to low mo- CRP that their units had problems any time soon, experts and military
One sign of troubles behind the Serdyukov’s reforms, they somehow rale, servicemen said. While military with warm clothes, fuel, and spare sources said.
ministry’s rosy reports is the crimi- forgot.” officials claim such practices have parts for military equipment, main-
nal cases involving manufacturers The Human Factor been eradicated, high-profile cases ly trucks. “They won’t change horses at the
of armaments and other military Poor training and low morale also such as one in which a conscript crossing, but I’m sure that heads will
equipment. Over the past year appear to be factors, experts and sol- shot his fellow soldiers, show that is “March was cold, and we even roll later,” the researcher specialized
alone, several arrests have been made diers said. not the case. had nothing to heat the stove with. in military production said, adding
related to the disruption of supplies It’s good that they brought the that “we won’t hear anything about
and imports being substituted in the A lawyer for an army-related hu- The lawyer for the human rights stoves themselves, otherwise I heard this, most likely.”
defense industry, according to media man rights project told OCCRP project said they were “constantly that many didn’t even have them,”
reports. that “conscripts are not prepared being contacted” over hazing issues. one said. The researcher recalled that the
normally at all.” While egregious cases may have de- last high-profile military corrup-
According to a second researcher, clined, “petty bribes, psychological Another recalled: “They gave me a tion case was the accusation that
specialized in military production, “Contract soldiers are getting pressure, light beatings ‘for educa- raincoat, but in the company about 300 tons of fuel disappeared at the
this is likely just “the tip of the ice- worse and worse. Exercises are can- tional purposes’ and other seeming a quarter of the boys were left with- Kapustin Yar training ground. The
berg,” since cases are usually only celed, live fire training, too,” he said. relics of the Soviet army still persist.” out them … they promised to bring head of the landfill was charged with
brought when “someone somewhere “People seem to join the army, but more of them, but of course they taking a two-million-ruble bribe,
has become impudent, someone they do chores — repair the bar- These practices can create dis- didn’t, and then everyone found a and put under house arrest.
somewhere has crossed the path of racks, mow the grass.” trust and an unwillingness to serve, way to share somehow.”
someone higher up,” he told OC- he said. In one recent example, the The high-ranking officer said that
CRP. A junior officer with a unit tak- Conflict Intelligence Team (CIT), The clothing and fuel shortages while many of these cases were “little
ing part in the Ukraine war said that a Russian analyst group, published have also been confirmed by inter- things,” that collectively “such little
“They steal everywhere over only the unit’s reconnaissance com- a video from March 3 showing sol- cepted conversations and Western things form the picture that we see
there,” he said, pointing to a 2020 pany — who had served in Syria diers complaining that commanders intelligence data — leaks ironically in Ukraine now.”
case in which retired officers working and eastern Ukraine — did regular had “thrown them stupidly like can- made possible by another shortage,
for the Defense Ministry allegedly exercises. non fodder." this time of communication means. “How to fix it?” he said. “I think
attempted to extract millions of ru- In place of secure channels, the Rus- it’s not for us to decide.”
bles in bribes to help a company win Another soldier who drove a tank “The orders of commanders and sian military has reportedly used or-
a state contract to supply inflatable in a unit in eastern Russia said there chiefs, as it is written in the oath, dinary phones and Chinese house- — Organised Crime and Cor-
mock-up tanks. was no diesel available for their ruption Reporting Project.
training runs.
Despite such volumes of theft, the
equipment displayed at “high-pro-
file events” was still high-quality, the
high-ranking military officer told
OCCRP.

“We can still pull that off,” he
said.
In the Field
The main theaters in which the Rus-
sian military has been recently tested
in practice were eastern Ukraine in
2014 and Syria in 2015.

In both cases, however, the inter-
vention was either limited in scope
or not even publicly acknowledged.
Officially, Moscow still says its reg-
ular army did not take part in the
2014 fighting between regional sep-
aratists and the Ukrainian army.

Tens of thousands of Russian sol-
diers passed through Syria, but on
an ongoing basis. Those who took
part in combat were mostly military
pilots and aircraft crews. Russian
soldiers "on the ground" were main-
ly limited to guarding facilities, en-
suring the operation of airfields, and
reconnaissance.

That experience “cannot be com-
pared with what is happening in
Ukraine now,” where the army is us-
ing “real manpower against the real
manpower of the enemy,” the first
military expert told OCCRP.

The first military researcher
pointed out that, although Russia
carried out missile launches and
fleet exercises in Syria, the conflict
did not give a strong indication of
how ready the military was for a ma-
jor ground operation: “The Islamic
State does not have any fleet or air

Page 24 Editorial & Opinion NewsHawks

CARTOON Issue 76, 15 April 2022

Zim@42 simply Zec should be investigated
rotten to the core
THE Zimbabwe Electoral Commission server, corrupted its internal system, as well an Africom server, IP 41.57.65.19, sharing
AUDITOR-GENERAL Mildred Chiri is one of Zimba- (Zec) is caught up in a renewed transpar- as logistics and illegally changed the route hosting with other sites like netguardsec.
bwe’s most exceptional civil servants and this is shown by ency gap as it gets increasingly entangled and destination for the collation, compila- com. Shared hosting means the server was
the high standard of her output. in a web of lies and ties itself in knots over tion and transmission of the result of the not at Zec,” Team Pachedu said.
its mysterious server at the centre of a new 2018 presidential election for purposes of “Step 1: http//41.57.65.28. The Zec
Every year, her office audits government departments controversy after an independent Internet rigging the election in favour of Mnangag- website will open and this confirms that
and state-owned institutions and other public bodies. geolocation forensic investigation traced wa, whom it had imposed as President of the IP address is legit and genuine. Step 2:
And every year, she unearthes massive corruption — but its system — the client-server connection Zimbabwe on 24 November 2017 after access the admin control panel by opening
nothing ever happens to the perpetrators. — to a military-owned communication toppling the late former president Robert the website using port 2083 and hence
service provider, Africom Holdings. Mugabe. http//41.57.65.28.2083. Step 3: You will
Zimbabwe commemorates Independence Day on The Zec computer server sits at the heart see that the website will now direct you
Monday, but 42 years after the birth of the republic, the While the army says it does not run elec- of the rigging system and the 2018 elec- to the actual people who are hosting the
public purse has become an integral component of the tions, evidence shows that it in fact does toral dispute. In computing, a server pro- website. Guroohosting is a server owned,
proverbial “gravy train” — the sum total of dodgy ten- through Fernhaven Investments which was vides functionality for other programmes housed and managed by Africom.”
ders and outright theft constituting the grubby feeding chaired by the late Foreign minister Sibu- or devices, called “All websites have
trough that keeps Harare’s fat cats awash with ill-gotten siso B. Moyo, who was the face of the No- clients. This sys- an IP address and a
money. vember 2017 coup that initially brought tem is called a cli- Hawk Eye port/back door to
President Emmerson Mnangagwa to pow- ent-server model. the hosting Con-
As a result, the looting continues unabated and is in- er. The Zec server trol Panel (cPanel)
tensifying on the eve of a major election as the criminals has been at the for admins. The IP
in suits jostle for what could possibly be a last supper. Zec is always accused of rigging elec- centre of con- Dumisani address for Zec is
tions or electoral fraud.
Corruption, bad governance and incompetence are at troversy since Muleya http://41.57.65.28
the heart of this country’s multi-faceted decay. The technical link between Africom and the 2018 general and to access this
the army — and in the process Zec — is elections. At the cPanel, we use the
The failure and refusal to bring corrupt public officials undeniable. High Court case HH 357-18 time, Zec first back door 2083.
to justice is stoking impunity as the criminals feel un- provides the evidence. This is besides hav- said it had a server, then changed the story cPanel: http://41.57.65.28:2083. Open
touchable. ing security or military personnel seconded in court and said it did not have one. How- cPanel and see Africom! Case closed!”
there. ever, Mnangagwa, better placed to know, The geolocation was an important con-
Accountability and transparency — which are cardinal confirmed it was there in his opposing firmation of what Moyo says in his book.
principles of public finance management as enunciated In his seminal monograph on the 2018 court papers. The server’s location is the smoking gun.
in the constitution — are not taken seriously in public presidential election, Excelgate — How Now Zec says it has no server linked to As Moyo says, it is dishonest for Zec to
affairs, which explains why Zimbabwe has regressed from Zimbabwe’s 2018 Presidential Election was an external host, including Africom, mean- deny the existence of the server. This shows
a relatively promising country alive with possibilities at Stolen, Jonathan Moyo, a former minister ing it has one housed within its system. it has something to hide.
Independence in 1980 to yet another hopeless kleptocra- and professor of politics, says Mnangagwa However, an investigation by civic activ- After the Pachedu revelation, Zec did
cy wallowing in poverty and mediocrity. lost the election to his main rival Nelson ists and data mining experts Team Pache- not deny it has a server, something it did
Chamisa, then MDC-Alliance and now du, who promote transparency, responsi- in the ConCourt in 2018. It also did not
In the latest audit reports, which The NewsHawks has Citizens’ Coalition for Change leader, but bility and accountability, shows Zec servers deny Africom maintains, services and runs
extensively reported on, the Auditor-General lifts the lid was rescued by Zec through manipulation are being hosted by Africom. it computers. To lay this matter to rest in
on the industrial-scale malfeasance that has taken root in and rigging. “When the Zec website was hacked on the interest of credible, free and fair 2023
the government. August 1, 2018, forensic experts investi- elections, Zec must be urgently investigat-
After taking over the control of the state gated. They found that Zec was hosted on ed on this issue.
There are dodgy payments running into hundreds of and its institutions, the military, in a bid
millions of dollars. Taxpayer money is going down the to protect and consolidate the gains of the
drain and it has become increasingly clear, over the de- coup, brazenly commandeered the Zec ma-
cades, that the Zanu PF government lacks the political chinery, particularly its computer network
will to decisively tackle the rot.

Ministries are running riot, clocking up huge amounts
of unauthorised excess expenditure. Murky payments,
without supporting documentation and in many instanc-
es processed without the knowledge of line ministries, are
a vast crime scene that now demands a forensic investiga-
tion and prosecution in the national interest. When will
the law take its course without fear or favour and in line
with the constitution?

Large amounts on the wage bill have not been recon-
ciled, meaning there are ghost workers siphoning public
funds.

The looting has gone on for decades. Public procure-
ment law is flouted left, right and centre.

In the main, there is nothing new in what the valiant
Chiri is revealing. Her annual reports are beginning to
sound like a scratched vinyl.

Bemused Zimbabweans have witnessed in the last cou-
ple of years as the government waxes lyrical about “perfor-
mance management contracts” for permanent secretaries
— who are, by law, the chief administrators and account-
ing officers of ministries. But how on earth can they glib-
ly talk of performance management in an environment
characterised by a culture of mediocrity, impudence and
naked criminality? The Zimbabwean government’s entire
governance ethos is in tatters. No surprises there; it mir-
rors the suffocating malaise which has choked the life out
of public finance management, with no repercussions for
the culprits.

Zimbabwe is now a fully fledged authoritarian kleptoc-
racy. Numbers do not lie.

Reaffirming the fundamental impor- The NewsHawks is published on different EDITORIAL STAFF: Marketing Officer: Voluntary Media
tance of freedom of expression and me- content platforms by the NewsHawks Digital Managing Editor: Dumisani Muleya Charmaine Phiri Council of Zimbabwe
dia freedom as the cornerstone of de- Media which is owned by Centre for Public Cell: +263 735666122
mocracy and as a means of upholding Interest Journalism Assistant Editor: Brezh Malaba [email protected] The NewsHawks newspaper subscribes to the
human rights and liberties in the con- No. 100 Nelson Mandela Avenue [email protected] Code of Conduct that promotes truthful, accurate,
stitution; our mission is to hold power Beverly Court, 6th floor News Editor: Owen Gagare
in its various forms and manifestations Harare, Zimbabwe Subscriptions & Distribution: fair and balanced news reporting. If we do not
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MATTERSNewsHawks

MARKETS CURRENCIES LAST CHANGE %CHANGE COMMODITIES LAST CHANGE %CHANGE
USD/JPY
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USD/CAD
USD/CHF 1.38 -0.014 -0.997 *GOLD 1,769.5 +1.2 +0.068
AUD/USD
1.229 +0.001 +0.07 *SILVER 25.94 -0.145 -0.56

0.913 +0.005 +0.53 *PLATINUM 1,201.6 +4 +0.33

0.771 -0.006 -0.76 *COPPER 4.458 -0.029 -0.65

Debt overhang starves Zim of credit

NYASHA CHINGONO

THE country’s debt distress is hampering export US$44.2 million, reflecting how deep it remains cating itself from a huge debt overhang. private sector in 2022 but said the bank will not
companies from accessing lines of credit as cor- in debt distress. “International re-engagement has lagged as directly support the country’s fledgling infor-
responding international banks remain nervous mal sector. “We have a private sector window of
about Zimbabwe’s risk profile, the African Devel- The bank’s president, Akinwumi Adesina, will stakeholders seek political and economic reforms. US$50 million on a yearly basis. In 2022 we also
opment Bank (AfDB) has said. jet into Zimbabwe next month to discuss the The 2019 Staff-Monitored Programme experi- another US$50 million. We are a wholesaler; we
country’s ballooning debt, amid expectations that enced significant policy slippages and elapsed don’t go down to the informal sector. What we do
Country manager Moono Mupotola said the a new debt arrears clearance plan will be tabled for without a review,” the IMF said. is that we on-lend to the private sector. In 2018
bank had availed US$7.5 million to guarantee the struggling country. operation with CABS, we provided a US$25 mil-
exports, as part of efforts to provide correspond- “Directors encouraged the authorities to ad- lion line of credit to CABS, and they repaid it
ing banks with comfort when dealing with local Even amid growing calls for the implementa- vance reforms, noting that a new Staff-Monitored back. It is one of our good customers, they paid
players. tion of economic reforms, the IMF said Zimba- Programme could help establish a track record on time — they might be a repeat customer,”
bwe’s re-engagement with creditors had lost steam of sound policies and provide further impetus to Mupotola said.
“We’ve just approved a US$7.5 million guaran- despite ongoing efforts by Harare to normalise their re-engagement efforts.”
tee instrument to CABS. Because of Zimbabwe’s relations with multilateral creditors before extri-
situation, most corresponding banks are nervous AfDB has also availed US$50 million for the
about guaranteeing exports coming out of Zimba-
bwe. What this guarantee does is that it provides
comfort as a trade finance instrument to corre-
sponding banks that they will get their money. It’s
very good in that the exporters are guaranteed in
receiving their dues,” Mupotola said.

She said the country’s poor credit ratings as a re-
sult of the debt overhang is affecting local compa-
nies as foreign banks are jittery over dealing with
Zimbabwean companies.

“Part of the problem is Zimbabwe’s ratings.
These financial institutions provide Zimbabwe’s
credit ratings, and because of the current situa-
tion — sanctions are just one part of the equation
— this is a country under debt distress. So, to me
the debt distress situation of the country on the
financial markets — I wouldn’t call it sanctions per
se — means that the country has to look for other
instruments to provide comfort to corresponding
banks. In this case, AfDB has stepped up to sup-
port the Zimbabwean private sector,” she said.

Zimbabwe’s foreign debt was US$13.2 billion
last year, according to Treasury data. This includes
US$716 million to the African Development
Bank (AfDB). Between January and September
last year, Zimbabwe only made token payments of

ZIMBABWE’S equities market registered Equities outperform inflation rate
strong growth during the first quarter ending quarter, with volumes traded totaling circa
March 2022, as investors seek value preserva- The securities firm said following the intro- toria Falls Exchange (VFEX) listing began in- 95.71 million, while total value traded equaled
tion against the backdrop of rising inflation. duction of the incremental export incentive creasing, particularly in the mining space. US$5.28 million,” the report reads.
scheme, which ensures 100% retention on
The Zimbabwe Stock Exchange (ZSE) All- incremental export proceeds, appetite for Vic- “Activity on the foreign currency-denom- “There was notable interest in Bindura
Share Index closed the quarter at 15 858.92 inated bourse (VFEX) improved during the Nickel Corporation as it accounted for most
points, advancing 47% year-to-date. of the trades recorded. Of the total value and
volumes traded on the VFEX during the first
Top 10 counters contributed significantly to quarter of the year, Bindura Nickel Corpo-
the overall market’s performance as the Top 10 ration contributed 92.70 million (97%) and
Index advanced by 54% year-to-date. US$4.62 million (88%) of the totals, respec-
tively.”
The Top 10 and Mining indices advanced
54% and 28%, ending the quarter at 10 476.38 The first quarter of the year saw the launch
points and 10 015.94 points, respectively. of two new Exchange-Traded Funds (ETFs) on
the ZSE. The three ETFs currently available on
Monthly stock market returns largely out- the market include the Datvest ETF, Morgan
performed month-on-month inflation in the & Co ETF and the Old Mutual ETF.
first quarter of the year.
“ETF price growth relatively slowed down
“The market’s quarter-to-date performance going into end of Q1 (first quarter), however
was largely in the green, with the majority of overall sentiment was positive. There has also
the counters on the stock market registering a been some profit taking driven by a rally in
growth in price compared to their December other asset classes, specifically developments in
closing prices,” FBC Securities said in its quar- the parallel market,” the report reads. — STAFF
terly report.
WRITER.
The first quarter of the year saw the over-
all All-Share Index rising above the inflation
and exchange rate movement, on the back of
strong demand, primarily from the need for
value preservation.

Page 26 Companies & Markets NewsHawks

Issue 76, 15 April 2022

DUMISANI NYONI Zim trade deficit narrows

ZIMBABWE opened the year 2022 with a trade
deficit of US$88.1 million, 64% lower than the
corresponding period last year, as the country
continues its over-reliance on foreign-produced
goods, latest trade data from the national statis-
tics agency have shown.

According to numbers released by the Zim-
babwe National Statistics Agency (ZimStat) last
week, exports in January this year amounted
to US$543.9 million against US$632 million
worth of imports, which remain heavily skewed
towards consumptive products. This resulted in
a trade deficit of US$88.1 million.

During the corresponding period last year,
imports stood at US$528.4 million against ex-
ports of US$282.9 million, giving a trade deficit
of US$245.5 million.

In the period under review, imports increased
by 20%, while exports increased by 92%.

The country’s major imports were machinery
and mechanical appliances, mineral fuels and
mineral oils products, cereals, fertilizers, vehi-
cles, animal and vegetable fats and pharmaceuti-
cal products, including vaccines.

For instance, fuel gobbled up US$70.5 mil-
lion, vaccines for humans (US$35.8 million),
crude soya bean oil (US$19.5 million), rice
(US$11.7 million) and electricity (US$9.5 mil-
lion).

January 2022 data show that Zimbabwe’s
main exports were semi-manufactured gold at
US$188.3 million, tobacco (US$177.3 million),
nickel mattes (US$76 million), nickel ores and
concentrates (US$58 million), ferro-chromi-
um (US$28 million) and platinum unwrought
(US$12.7 million).

ZimStat noted that major minerals produced
in the country such as nickel concentrates
and nickel mattes were exported in semi-pro-
cessed form, while nickel ores (including plati-
num-group metals) were exported in raw form.

One of the challenges of relying on primary
product exports is that the country might run
out of its finite primary products. For example,
precious metals could become scarce. Without
diversification, this would leave the economy
with a void.

DUMISANI NYONI Property market shifts to residential

RESEARCHERS at Morgan & Co have forecast billion in liabilities and US$19 billion in dol- fault on these large borrowings. Globally, the “However, the real estate market in Zimbabwe
a shift in the structure of the overall Zimbabwe- lar-denominated debt with imminent coupon researchers said weary financial institutions are appears to be fairly valued when considering the
an real estate market from commercial proper- payments. Easily accessible funding through sceptical about funding real estate development bubble index’s parameters and hence, can serve
ties to residential investments due to a drive in debt instruments allowed for unsupervised in- through debt and this has caused an increase in as a strong hedge and store of value against de-
urbanisation, among other factors. creases in debt balances and the inevitable de- real estate market prices across the globe. valuation in the local currency,” they said.

Researchers, according to an economics and
market intelligence report released on 12 April
2022, say global real estate investments have
shifted away from commercial properties and
leaned heavily on residential investments in the
form of cluster homes and gated communities,
hence Zimbabwe is bound to follow suit.

“We hold the opinion that the housing mar-
ket will be one of the most resilient sectors when
considering the overall global climate as well as
the current expectations we hold of inflation in
Zimbabwe over the next calendar year,” the re-
searchers said.

“We also foresee a shift in the structure of the
overall Zimbabwean real estate market due to a
drive in urbanisation. In Zimbabwe, pressure
arising from demand for prime real estate sus-
tains the motivation for development in these
forms of residential properties.”

“We can expect residential real estate develop-
ers to push for cost effective modern housing to
keep up with global trends heading in the same
direction,” Morgan & Co said.

The research firm also said the capital mar-
ket participant should aim to take exposure in
the real estate sector given the sector’s infla-
tion-hedging properties and status as a reliable
store of value.

“Forms of participation include direct invest-
ments through property acquisition, as well as
taking position in counters that hold a signifi-
cant portfolio of real assets,” it said.

Reminiscent of the 2008 global financial
housing market bubble, Morgan & Co said they
are starting to see signs of similar worries arising
in 2022 following bankruptcy fears triggered
by Evergrande’s near default on interest bearing
loans in late 2021.

The Chinese entity disclosed close to US$300

NewsHawks Companies & Markets Page 27

Issue 76, 15 April 2022

Mobile tariff hike dents network traffic

BERNARD MPOFU

A SHARP rise in mobile phone tariffs during the by 3.4% to record 195,158 megabits per second ter of 2021; On the other hand, operating costs and data services narrowly increased.”
final three months of 2021 resulted in a decline (Mbps), from188,768 mbps recorded in the grew by 10.9% to record ZW$13,869,570,869 The total number of active mobile subscrip-
in voice and data traffic, as the country battled third quarter of 2021. Despite the decline in from ZW$12,506,516,547,” the report reads.
soaring inflation triggered by the weakening of other traffic categories, inbound and outbound tions increased by 2.3% to reach 14 257 590 in
the domestic currency, a report by the telecoms roaming recorded growth due to the increase in “A total of ZW$26.2 billion was generated by the fourth quarter of 2021 from 13 935 233 re-
regulator has shown. cross-border travel during the period under re- the three mobile operators in the fourth quarter corded in the third quarter of 2021. All the mo-
view, the telecoms regulator said. of 2021, up from ZW$19.5 bile networks, except Telecel, recorded growth
Zimbabwe, which last year recovered from in active subscriptions. The mobile penetration
two successive years of economic contraction, “Total mobile operator revenues grew by billion recorded in the third quarter of 2021. rate was 94.4%; up from 93.5% recorded in the
is now facing new economic challenges. The 34% to record ZW$26,174,511,133 from The revenue contribution of voice service de- third quarter of 2021.
Zimbabwean dollar is depreciating against the ZW$19,537,428,10 recorded in the third quar- clined, given the huge decline in voice traffic,
greenback, prompting service providers to ad- whereas the revenue contribution of Internet
just prices in line with these changes.

According to the Postal and Regulatory Au-
thority of Zimbabwe (Potraz) sector perfor-
mance report for the 4th quarter ending De-
cember 2021, traffic on mobile telephony went
down despite growth in mobile subscriptions.

Total mobile voice traffic, the report shows,
declined by 14.3% to record 1.8 billion min-
utes from 2.1 billion minutes recorded in the
third quarter of 2021. Inbound and outbound
roaming traffic increased by 96.8% and 34.9%
respectively. This, according to the telecoms reg-
ulator, was the only quarter to record a decline
in voice traffic.

“The decline in mobile voice traffic is attribut-
able to the 56.4% increase in mobile voice tariffs
in September 2021,” the report reads.

“Mobile Internet and data traffic declined
by 3.5% to record 24,991 terabyte (TB) from
25,902TB recorded in the third quarter of 2021.

“Mobile Internet and data traffic declined by
3.5% to record 24,991TB from 25,902TB. All
the mobile operators recorded a decline in In-
ternet and data traffic; this is attributable to the
53.4% increase mobile internet and data tariffs
in September 2021. As with mobile voice traffic,
this was also the only quarter of 2021 to register
a decline in mobile Internet and data traffic.”

In-bundle data constituted 96.5% of total
mobile Internet and data usage, up from 94.6%
recorded in the third quarter of 2021 as con-
sumers sought to maximise their utility through
promotional bundles, the report states.

The report further shows that used interna-
tional incoming bandwidth capacity increased

ALEX MHANDU RTG bucks Covid threats, posts profit

DESPITE the Covid-19-induced disruptions to and retail products on the online platforms,” said business will continue to recover in city hotels RTG utilised ZW$92 million in capex during
business, listed hospitality group Rainbow Tour- Manase. into 2022. the review period with projects mainly focusing
ism Group Limited (RTG) recorded a strong per- on capacitating the new business units as well as
formance for the full year to 31 December 2021, During the year under review, profit before The tour operations — HexA — has contin- the basic care and maintenance of the hotels.
supported mainly by its Gateway Stream mobile tax of ZW$249 million and an after-tax profit of ued to grow into a significant player within the
and web platform in line with expectations. ZW$218 million were achieved. tour operations and adventure space in the coun- Management is upbeat of group prospects with
try’s major resorts and business centres. accelerated growth into the and superior returns
Group chairperson Arthur Manase also at- Occupancies in the hotel business improved to shareholders projected.
tributed the performance to the traditional hos- to 31% from 24% recorded in 2020 supported The operation was significantly disrupted
pitality business with its robust cashflow streams mainly by the domestic market driven by city ho- during this Covid-19 pandemic period, mainly as Manase said: “We believe that the group is
and the new tour operations arm that is identified tels. a result of the high human contact nature of its well-positioned to grow while maintaining finan-
as a key enabler of travel and experience tourism. activities. But the group remains optimistic about cial strength going forward. The Covid-19 pan-
According to the group, business volumes im- the prospects of this business and will capitalise demic tested the group’s strategy (and) the group
Launched in 2018, the Gateway Stream has proved significantly in the last quarter of the year on the existing synergies within the group to aid remained profitable and posted positive cashflows
been positioned as a driver of revenue and con- buoyed by accommodation and outside catering. its strong recovery going forward. throughout the peak of the global pandemic.”
tinues to capitalise on opportunities presented by
e-commerce after it recorded a four-fold growth It is anticipated that rooms and conferencing
to 16 000 active subscribers in 2021 from 15 000
in 2020.

During the year under review, the group’s to-
tal revenue jumped 17% to ZW$2.8 billion al-
though the group lost an equivalence of five trad-
ing months during level 4 lockdowns. Revenue
per average room jumped 26% to ZW$3 940.

“The 17% revenue growth was positive when
read together with the United Nations World
Tourism Organisation’s (UNWTO) 2021 report
that global and African tourism increased by
4% and 12% respectively over prior year,” said
Manase.

The UNWTO envisages that domestic tour-
ism will lead the global tourism recovery in the
world market, which is in line with the RTG
drive to dominate domestic tourism development
through its owned and partner hotels, together
with the tour operations arm: Heritage Expedi-
tions Africa (HExA).

“In addition, the group will use the domestic
market as a launch-pad to drive Gateway Stream
revenues from regional and international markets,
through a strategic activation of regional rooms

Page 28 Stock Taking NewsHawks

Issue 76, 15 April 2022

2nd Flr, Bank Chambers Dealing : Research & Investments :

76 Samora Machel Manatsa Tagw ireyi 263 773 289 120 Enock Rukarwa 263 777 193 053

Harare Richard Mashava 263 772 446 789

Tel: +2634797772/75/77; 797761/7/9 Email: [email protected] MD: Benson Gasura 263 735 167 321
Year High
15-Apr-2022

Opening Closing Total Volume

COUNTER Isin Market Cap Sector Price (ZW$) Price (ZW$) Price p Price % p Traded Total Value Traded P/E Year Low
40,832,639,606 Consumer Staples 121.0500
Afdis ZW0009011025 287.4500 344.9000 57.4500 19.9861 600 206,940.00 134.20 344.9000
16,366,953,217 Consumer Discretionary 5.8100
Afsun ZW0009012080 6,586,720,931 Consumer Staples 10.4776 11.4942 1.0166 9.7026 4,300 49,425.00 3.53 12.0000 3.0500
10,911,259,295 Materials 10.0000
Ariston ZW0009011041 81,547,189,419 Consumer Discretionary 3.7012 4.0474 0.3462 9.3537 81,600 330,265.00 31.13 4.0500 35.0000
75,518,672,220 Consumer Staples 2,371.9000
ART ZW000301DR35 8,264,750,000 Industrials 20.0000 23.0401 3.0401 15.2005 27,400 631,300.00 59.08 23.5000 170.0000
91,563,520,520 Financials 65.0000
Axia ZW0009012288 16,436,335,625 Consumer Staples 128.6261 147.6902 19.0641 14.8213 57,100 8,433,110.00 155.46 148.0000 90.0500
14,150,377,713 Consumer Staples 30.0000
BAT ZW0009011710 456,120,093,781 Consumer Staples 3660.0000 3660.0000 - - - - 151.49 3,667.0000 155.0000
62.0500
Cafca Limited ZW0009011942 - IT, Communication 250.0000 250.0000 - - - - 10.95 250.0000 85.0000
531,188,194,267 IT, Communication 4.0000
CBZ ZW0009011967 3,565,061,908 Consumer Discretionary 111.2441 133.2353 21.9912 19.7684 15,300 2,038,500.00 11.25 133.4500 29.0000
36,873,252,244 Financials 10.7000
CFI ZW0009011116 155.0000 155.0000 - - - - 227.94 155.0000 3.4000
1,870,757,523 Financials 17.0000
Dairibord ZW0009011975 17,108,520,356 Financials 39.9844 39.5261 (0.4583) (1.1462) 30,600 1,209,500.00 164.69 40.0000 6.0000
15,183,147,320 Financials 1.3625
Delta ZW0009011199 14,857,887,720 Real Estate 320.0230 353.0882 33.0652 10.3321 544,500 192,256,500.00 98.35 384.0000 4.8500
1,004,869,514 Industrials 245.0000
Ecocash ZW0009012437 112.4321 119.1481 6.7160 5.9734 85,900 10,234,830.00 340.42 122.0000 161.5500
8,374,452,314 Financials 80.0500
Econet ZW0009012122 77,208,206,298 Consumer Staples 204.9780 205.0463 0.0683 0.0333 988,100 202,606,200.00 63.88 235.0000 2.3000
230,410,436,365 Consumer Staples 45.0000
Edgars ZW0009011231 10,800,000,000 Materials 5.6607 5.9000 0.2393 4.2274 1,400 8,260.00 23.60 6.0000 17.0000
25.0000
Fbc ZW0009011926 6,177,702,726 Real Estate 49.9122 54.8750 4.9628 9.9431 1,600 87,800.00 23.35 59.0000 120.0000
15,469,244,565 Industrials 11.0000
Fidelity ZW0009011876 15.6000 17.1750 1.5750 10.0962 200 3,435.00 28.63 18.7000 1,300.0000
232,800,000 Consumer Staples 9.6600
First Capital Bank ZW0009012353 45,628,000 Consumer Staples 7.7030 7.9258 0.2228 2.8924 51,100 405,007.00 24.02 8.3000 5.0400
25.0000
FML ZW0009012197 41,215,435,250 Consumer Staples 20.0250 22.0000 1.9750 9.8627 200 4,400.00 42.31 22.3000 26.0000
15,112,962,020 Industrials 40.0000
FMP ZW0009012312 140,904,222,480 Consumer Staples 11.5566 12.0000 0.4434 3.8368 600 7,200.00 4,285.71 12.6000 6.0000
8,481,150,808 Financials 105.0000
General Beltings ZW0009012049 2,160,454,294 Consumer Discretionary 1.7085 1.8727 0.1642 9.6108 6,500 12,172.50 4,681.75 2.2900 95.0000
55,020,587,450 Consumer Staples 6.0000 7.2000 1.2000 20.0000 400 2,880.00 2,666.67 7.2000
Getbucks ZW0009012320 11,085,167,632 Materials 1.1850
9,263,562,141 Materials 68.0000
Hippo ZW0009011272 18,716,216,573 Consumer Discretionary 400.0000 399.9999 (0.0001) (0.0000) 105,700 42,279,990.00 18.30 400.0000
51,898,732,160 Consumer Staples 1.5500
Innscor ZW0009011298 168,619,456,574 Consumer Discretionary 387.8004 407.9675 20.1671 5.2004 57,100 23,294,950.00 32.30 465.3500 72.1000
9,430,639,620 Consumer Staples 3.5000
Lafarge ZW0009012056 47,175,180,713 Consumer Discretionary 135.0000 135.0000 - - - - 1,928.57 138.2000 24.0000
2.8000
Mash Hodings ZW0009011348 729,728,273 Consumer Discretionary 3.2001 3.3230 0.1229 3.8405 19,300 64,134.00 2.72 3.8400 55.0000
47,137,522,740 Consumer Staples 0.0048
Masimba ZW0009012171 64.8485 64.0141 (0.8344) (1.2867) 12,100 774,570.00 50.80 65.0000 3.3600
3,712,762,497 Materials 2.4000
Medtech ZW0009011330 2,864,156,975 Industrials 17.0000 19.4000 2.4000 14.1176 2,000 38,800.00 3,592.59 35.0000 19.4286
7,606,112,309 Materials
Medtech Class B ZW0009012429 11,103,302,585 Financials 34.0000 34.0000 - - - - - 34.0000

Meikles ZW0009012114 9,266,753 Industrials 154.4016 160.0227 5.6211 3.6406 4,400 704,100.00 28.83 160.0500
8,181,984,537 Financials
Nampak ZW0009012213 1,534,636,800 IT, Communication 19.5091 20.0000 0.4909 2.5163 1,900 38,000.00 21.51 20.0000
6,263,836,404 Industrials
Natfoods ZW0009011371 2059.8176 2060.0000 0.1824 0.0089 4,700 9,682,000.00 53.94 2,100.0000

Nmbz ZW0009011389 20.4816 20.7979 0.3163 1.5443 9,500 197,580.00 15.76 21.0000

NTS ZW0009011397 8.4000 8.5100 0.1100 1.3095 200 1,702.00 56.73 8.5100

Ok Zim ZW0009011785 39.9620 44.0281 4.0661 10.1749 482,200 21,230,370.00 104.83 46.5000

Proplastics ZW0009012247 44.0000 44.0000 - - 14,300 629,200.00 97.78 44.0000

Riozim ZW0009011959 75.9125 75.9125 - - - - (6.27) 80.0000

RTG ZW0009011470 7.5000 7.5000 - - 900 6,750.00 1,293.10 8.0000

Seedco Ltd ZW0009011504 212.6629 214.0000 1.3371 0.6287 100 21,400.00 179.80 220.0000

Simbisa ZW0009012262 299.4718 299.9360 0.4642 0.1550 196,600 58,967,430.00 75.55 305.0000

Starafrica ZW0009011991 1.8976 2.0001 0.1025 5.4016 269,100 538,237.50 50.00 2.1500

Tanganda ZW0009012411 174.7703 180.7031 5.9328 3.3946 6,400 1,156,500.00 - 195.0000

Truw orths ZW0009011561 1.9000 1.9000 - - 31,500 59,850.00 51.35 2.3500

Tsl ZW0009011579 132.0000 132.0000 - - - - 105.60 132.0000

Turnall ZW0009011835 7.2045 7.4848 0.2803 3.8906 3,300 24,700.00 46.78 8.0000

Unifreight ZW0009012221 32.5750 26.9000 (5.6750) (17.4213) 200 5,380.00 14.54 36.0000

Willdale ZW0009011850 4.1851 4.2779 0.0928 2.2174 7,600 32,511.75 125.82 4.3025

Zb ZW0009012007 60.5586 63.3784 2.8198 4.6563 3,700 234,500.00 12.05 80.0000

Zeco ZW0009012064 0.0200 0.0200 - - - - (0.11) 0.0200

ZHL ZW0009011611 4.1107 4.5000 0.3893 9.4704 12,600 56,700.00 22.50 4.9025

Zimpapers ZW0009011595 3.2009 2.6643 (0.5366) (16.7640) 25,700 68,473.00 14.02 3.3400

Zimplow ZW0009012189 23.5000 26.2766 2.7766 11.8153 4,700 123,500.00 138.30 27.0000
3,172,600 578,759,053

Bindura ZWVX09010021 - Materials 0.0500 0.0500 - - 230,157 11,508 - 0.0610 0.0410
Caledonia ZWVX301DR012 - Materials 13.0000 13.0000 - - - -
Padenga ZWVX09010013 114,005,419 Consumer Discretionary - - - 13.0000 13.0000
Seedco Int BW0000002005 - Consumer Staples 0.2105 0.2105 - - 21,294 4,482
0.2810 0.2810 - - - 0.2110 0.2099
0.0012 0.0654
1.8354 1.8366 1.0575 6.8199 299,202 549,514.10 - 0.2850 0.2800
15.5060 16.5635 0.8034 9.4440 2,477 41,027.87
Datvest ETF ZW0009020034 - Derivative 8.5070 9.3104 1,325,684.00 - 2.6700 1.0000
- Derivative 142,387
Morgan & CO ETF ZW0009020026 - Derivative - 18.0000 10.0000

OML ETF ZW0009020018 - 11.0000 4.7000

COMPANY Day's Risers %p COMPANY Day's losers %q
Getbucks Price (ZWL$) 20.00 Unifreight Price (ZWL$) (17.42)
Afdis 19.99 Zimpapers (16.76)
CBZ 7.2000 19.77 Masimba 26.9000 (1.29)
ART 344.9000 15.20 Dairibord 2.6643 (1.15)
Axia 14.82 Hippo 64.0141
133.2353 39.5261 (0.00002)
23.0401
147.6902 399.9999

This Price Sheet is based on PROVISIONAL information obtained during trading. No liability is accepted by FBC Securities (Private) Limited for any errors in this report.

Property
NewsHawks

Issue 76, 15 April 2022 PROPERTY INTERIORS ARCHITECTURE GARDENING Page 29

The home of prime property: [email protected]

Egodini Mall construction further delayed

LIZWE SEBATHA tion in 2007. But the Bulawayo Centre shop- A South African civil proceeds, while TTI retains 70%.
ping mall project remains incomplete to date. engineering company that In total, over a period of six years, TTI stands
BULAWAYO residents have to wait a little lon- won a tender to construct
ger before they step foot at the long-awaited The third and final phase of Bulawayo Centre, to make a potential net profit of US$4 420 080,
Egodini Mall after a South African civil engi- with an estimated cost of US$4 million, which the Egodini Mall missed in comparison to US$941 760 for BCC.
neering company that won a tender to construct was scheduled to start in 2016 entailed turning its latest deadline.
the mall missed its latest deadline. the ground and mezzanine of a building next to The BCC has lost several thousands of dol-
Princess Court into a mall, named Buyani Mall. street pavements. As far as we are concerned, lars to briefcase companies from outside the city
In January during a media tour attended by the council should identify alternative spaces to that would have won various tenders for differ-
city council and local governmenot officials, Michael Ndiweni, the coordinator of the operate from to stop the chaos that we are wit- ent projects but failed to provide the services.
Terracotta Trading Limited director Thulani Bulawayo Vendors and Traders Association nessing now,” Ndiweni said.
Moyo said they will open a taxi rank and vend- (BVTA), said the continued closure of Egodi- The BCC lost more than $300 000 to a brief-
ing bays at the beginning of April. ni disrupted livelihoods, with informal traders During the media tour, Bulawayo town clerk case Harare company in an ambulance procure-
who used to operate at the taxi rank the worst Christopher Dube admitted that council was ment deal in 2010 after paying for the supply
Moyo blamed Covid-19 lockdowns for dis- affected. under pressure from its stakeholders including of six ambulances. The company disappeared
rupting civil engineering works, amid mounting vendors, residents and the government as he ap- without trace.
pressure on the Bulawayo City Council (BCC) “The closure has led to the chaos that we see pealed to Terracotta to stick to its timelines.
to cancel the contract and re-tender the project. in the central business district with licenced Council also lost thousands of dollars in a
and unlicenced vendors now operating from Calls to cancel the Terracotta deal comes at a dodgy deal with a South African company that
Black empowerment lobby Affirmative Ac- time when there is a groundswell of discontent failed to supply a cremation machine.
tion Group (AAG) at one time also threatened over a latest US$2million tender awarded to
to sue the BCC to force the local authority to Tendy Three Investment (TTI) a US$2 million
cancel the contract. tender for vehicle parking management.

Terracotta was awarded the US$60 million Under the deal, which is a build, operate and
tender in 2016 and was charged with the refur- transfer (BOT), BCC will receive 30% of the
bishment of the Basch Street terminus, popular-
ly known as Egodini, into a mall and regional
transport hub.

Since then, it has been a tale of missed dead-
lines — November 2019, March 2020 and Au-
gust 2021.

Analysts said the local authority was left with
no option but to cancel the tender.

“Seeing that a number of years have passed
since the project was supposed to be completed
and nothing has happened, the only option is
to have it re-tendered. There have to be specific
timelines and due process must be followed to
prevent the disappointment that people have
witnessed,” Bulawayo-based analyst Dumisani
Nkomo said.

Once complete, the mall will be Bulawayo’s
first major infrastructural project in more than
two decades, with the Bulawayo Centre shop-
ping mall having been the last after its construc-

Page 30 News Analysis NewsHawks

Issue 76, 15 April 2022

Painful reminder of squandered Independence

NYASHA CHINGONO

ZIMBABWE will celebrate 42 Some people believe that Robert Mugabe government was better than the current.
years of Independence on Mon-
day but the dreams and expecta- believes the liberation generation ownership and acquisition, Zim- What followed the Gukura- the situation.
tions of 1980 have been lost, with has overstayed in power. babwe will never rise to the chal- hundi bloodbath was authoritari- Since grabbing power in a mil-
many citizens wandering in the lenges of modernity and achieve an consolidation, one-party state
proverbial wilderness. Political analyst Stephen Chan its potential,” he said. campaign, purges of opposition itary putsch, Mnangagwa and his
said the liberation generation has and civil society voices, relentless cabinet have been groping the
In fact, many believe Zimba- overstayed its welcome. Video footage of Zanu PF sup- human rights abuses, and estab- dark as they fail to get back Zim-
bwe has been regressing instead of porters celebrating the late former lishment of a corrupt repressive babwe on the path to recovery.
moving forward, since attaining “A liberation generation has president (initially prime minis- state, ironically anchored on co-
Independence. stayed too long in power. It has ter) Robert Mugabe’s victory in lonial autocratic structures and The “New Dispensation” façade
fallen behind the demands of the 1980 shows ordinary people run- practices. Those still exist to this has collapsed in dramatic fash-
The euphoria experienced at modern world and of the future. ning across the streets of Salisbury day. ion with Zimbabweans becoming
Independence has subsided over Above all, it has committed itself (later Harare) singing and danc- worse off in the face of unrelent-
the years, with the annual cele- to past patterns of ownership, ing. Apart from repression, Zimba- ing challenges. Political analyst
brations ringing hollow, because changed the colouring of own- bwe has become worse off since Ibbo Mandaza said: “There is no
of the harsh economic climate, ership, black for white, but not Interviews revealed what they 1980. The country moved from imagination in the state.”
high-level corruption, human gone beyond the simple fact of expected from Mugabe and his inheriting a currency at par with
rights abuses and lack of property ownership. What has not been Zanu PF government: jobs, hous- the British pound sterling and “42 years of Independence
rights, among other ills. produced by the government are es, transport, social services and stronger than the United States should restore the expectations
new and imaginative patterns,” general prosperity. dollar, to not having a currency and dreams of 1980,” Mandaza
Although the Zanu PF govern- Chan said. at all. From inheriting 18 planes said.
ment maintains that the country’s After initial promises of prog- from Air Rhodesia at Indepen-
Independence is still worth cele- Chan said nothing had changed ress shown by some advances in dence in 1980, to Air Zimbabwe Mandaza, who was part of the
brating, many believe there is lit- since the time he visited pre-inde- education, health and human cap- flying one plane in 2022, this first technocrats at Independence,
tle to warrant gatherings, let alone pendence Zimbabwe. ital development, the dream soon sums up the state of affairs, 42 said lack of leadership had kept
spending money on festivities turned into a nightmare as bad years after Independence. Zimbabwe stagnant for the past
amid poverty. “I remember being in Zimba- governance, mismanagement and 42 years.  
bwe for the difficult months pre- corruption took root. Zimbabwe is also buckling un-
This year, the government will ceding Independence and being der a hefty foreign debt which has “We are a broken country and,
splash millions of dollars on cel- elated when Independence Day Soon after Independence, Mug- sidelined the country from bor- compared to other countries, we
ebrations to be held in Bulawayo came. 42 years later, the condi- abe embarked on a fierce campaign rowing from international mone- are 30 years behind. There are no
even as citizens wallow in poverty. tions leading to Independence of repression and bloodshed that tary institutions. signs of recovery, the crisis has
have overwhelmingly shaped the signaled disaster ahead. So, from deepened. I think that the coup of
The government will once again conditions for future productivi- day one, nation-building was on Amid economic decay and so- 2017 was the beginning of the fi-
bus thousands of people to Bula- ty. Without productivity and cir- quicksand as Mugabe failed to ciak suffering, the leaders have not nal slide. There are no ideas, there
wayo, to celebrate Independence culation of the profits from pro- lay a democratic and sustainable shown capacity to turn around is no way Mnangagwa can turn
Day. Also, to be expected is music, ductivity, if thought is centred on foundation for the future. around this economy,” Mandaza
dance and a long speech parroting said.
the “gains” of Independence by
President Emmerson Mnangagwa.

Like his predecessor Robert
Mugabe, Mnangagwa is expected
to give a historical lecture. Al-
though he is unlikely to deliver
a history lecture that can match
Mugabe’s oratory, Mnangagwa
will certainly borrow a few quotes
from his master’s book.

The customary chant: “Zimba-
bwe yakauya nehondo (Zimbabwe
came through the gun)", will re-
verberate around Barbourfields
Stadium. But do not be fooled.
Things are no longer the same.

The older generation which
danced all night at Rufaro Stadi-
um in 1980 to the soothing reggae
sounds of the legendary Bob Mar-
ley have either died without see-
ing the promise of independence
or still believe a knight in shin-
ing armour will come and save
Zimbabwe from tough economic
hardships.

With most having either lost
jobs or retired without pension,
the Zimbabwean dream is now a
distance mirage.

Some regret ever supporting the
Zanu PF government in its quest
to create a one-party state. Still
gripped in the throes of author-
itarian rule which has failed to
better the lives of common ven-
dors, the older generations believe
younger Zimbabweans are the an-
swer.

Others believe the Mugabe era
was better.

With more Zimbabweans fail-
ing to put food on the table, 42
years after Independence, analysts

NewsHawks Critical Thinking Page 31

Issue 76, 15 April 2022

Is the solution
for Zim elections or
constitutionalism,
rule of law and a
de-militarised state?

IBBO MANDAZA/ TONY REELER with the opposition seen as the no matter who wins an election. to political manipulation, and, President Emmerson Mnangagwa.
lesser of two evils. The Afroba- Constitutionalism requires the without reform of the judiciary,
FOR 22 years the only solution rometer survey in 2021 found the security services, and the pub- can be answered in the absence
to the political crisis in Zimba- that nearly half (49.8%) of Zim- full and untrammelled imple- lic service, there can be no rule of of a political economy bereft of
bwe has been the resort to elec- babweans would not vote, and mentation of the constitution, law or impartial implementation constitutionalism and the rule of
tions, and the forlorn hope that did not know, or would not say and absolute adherence to it. This of regulation. The heavy (and law.
an internationally accepted elec- who they would vote for. Most- means that there should be no at- mostly invisible) hand of direct
tion result would guarantee the ly this is argued to be due to the tempt to amend the constitution political influence in the admin- Zimbabwe needs a new so-
legitimacy for the country to “fear factor”, but it is also due to before it is fully and completely istration and accountability of cial contract. In fact, it actually
re-engage with the international the total lack of political trust. implemented: only when it is the state must be removed. Here needs a social contract for the
community. so implemented will we be able it is commonplace that it is ex- first time since 1980: Lancaster
This latter seems strongly plau- to determine where the drafters actly this situation that has ren- House, the Unity Accord, the
Unfortunately, it is also the sible with the complete failure of and the legislators are in error. dered every single election since Global Political Agreement, and,
solution advocated by the two governments since 2000 to ad- Constitutionalism means that 2000 unacceptable and the legit- to some extent, even the 2013
major political parties in the dress the deepening poverty that no political party should ever at- imacy of all governments open to constitution have failed to de-
country: both parties claim that afflicts most Zimbabweans, to tempt to amend the constitution challenge since then. liver this. We need a social con-
the legitimacy that will flow stem the vast corruption that is for narrow partisan interest as is tract that defines unequivocally
from an internationally accepted documented nearly every week, the current attempt by Zanu PF. There are even deeper ques- the aspirations of the nation as
election will prove to be the pan- and the slow but steady collapse The errors in the constitution tions to be addressed. All the a whole and resolves the nation-
acea that will end the crisis and of the state and its ability to de- emerge only when the constitu- foregoing is critical to the ques- al question about what kind of
resolve the deep-seated problems liver public goods and services to tion is fully tested through its tion of what kind of a country country is Zimbabwe and who is
– political, economic, and social the population. lived application, and, since the do citizens want and what do a Zimbabwean.
– that afflict Zimbabwe. We re- coup, we have already seen at they expect a government to
ject this misguided optimism as We reject this forlorn hope least one problem, what Dikgang provide? It is obvious that they This can only emerge from
we have since 2016. about the curative power of elec- Moseneke has termed an “impe- want personal safety, secure live- a national process. Zimbabwe
tions because the impediment to rial presidency” in South Africa. lihoods, jobs, efficient and re- needs a political settlement and
The hope about elections has such a solution remains the secu- The same comment might be sponsive public services, but do a national dialogue with extreme
been fostered by the surprising rocratic state, the deep structure made about Zimbabwe, and has they accept that these will flow urgency, and only such a process
result in the Zambian election that controls civilian affairs in been continuous problem since from a neo-liberal, trickle-down can resolve the problems of a
and the re-emergence of a pop- Zimbabwe. As we have pointed 1987. economy? Do they accept that militarised state, the unequal and
ular opposition, the Citizens' out repeatedly since 2016, the the current enclave economy corrupt allocation of resources,
Coalition for Change (CCC). civilian state has been invisibly In adhering to constitutional- and the drive to so-called “mid- an enclave economy, and increas-
Whilst it is heartening to see controlled by the military since ism, it is imperative that there dle income” country status is ingly failed public services. As
this, it is evident that this merely 2008, and visibly since the coup is similar rigid adherence to the what they desire? Do they accept we have repeatedly pointed out,
deepens the political polarisation in 2017. rule of law, that the law is ap- “command” government, or do only the reform process of a Na-
in the country, and a country plied equally and without fear or citizens wish to have a say in the tional Transitional Authority can
that is the most politically pola- In the misguided belief that favour to every single citizen and direction the country takes? And do this: this will be the only way
rised in Africa. This polarisation Zimbabwe’s problems were due resident in the country. It is here do the current political parties we can cure the coup!
is reflected in the total absence of solely to the “Mugabe factor”, that we see the need for massive offer any alternatives to what is
political trust by the citizens in local, regional, and internation- reform of the captured state. Ev- on offer? None of these questions *About the writers: Ibbo
political parties, the government, al factors accepted uncritically ery aspect of the state is subject Mandaza and Tony Reeler are
and the state. the notion that this was merely a co-conveners of the Platform
“military-assisted transition” and for Concerned Citizens (PCC).
The hope is also given new not the flagrant violation of the
energy by the results of the 26 constitution. As we pointed out
March by-elections and the in 2017, the notion, supported
confirmation that, despite all in the Zimbabwean courts, that
the manoeuvring to destroy the the right for the military to uni-
Chamisa faction of the MDC, laterally decide to intervene in
the new party, the Citizens' Co- civilian affairs flies in the face of
alition for Change (CCC) re- the constitution and violates any
stores the polarisation of two big notion of constitutionalism.
parties in Zimbabwean politics.
Zanu PF will have to face the fact No country in the Southern
that no government of national African Development Commu-
unity (GNU) or political settle- nity (Sadc) would allow this, and
ment can take place without the all countries in Sadc exist with
CCC, and that buying time to the military firmly under civilian
resolve its internal chaos has not control. It is extraordinary that
changed the political reality in this situation has been allowed
Zimbabwe. The low poll, which to persist unchallenged. The sine
is usually the case, also demon- qua non of any return to consti-
strates the total absence of politi- tutionalism in Zimbabwe must
cal trust in the state, the govern- be the return of the military to
ment, and political parties. full civilian control: this is a nec-
essary but not sufficient condi-
Citizens in Zimbabwe trust tion for full constitutionalism.
only NGOs and religious leaders, Much more needs to be done be-
and too often the vote for the op- fore any election can be persua-
position is a mixture of support sive enough to suggest legitimacy
as well a rejection of Zanu PF, in a government in Zimbabwe,

Page 32 Critical Thinking NewsHawks

Issue 76, 15 April 2022

NELSON CHAMISA I said the fog would registration exercise in April. Please take
clear, and now it has advantage of it and make yourself eligi-
AT the beginning of last year, I wrote an ble to vote in 2023.
article in which I promised that “the fog Leader of Citizens' Coalition for Change Nelson Chamisa.
will soon clear”. I would like to thank everyone in
We won 19 out of the 28 seats that were divided. They had a clear choice in these The State broadcaster and news- CCC who contributed to our success.
The article was at a time when the on offer. That is 67.9% or more than by-elections between CCC and Zanu papers continued with their biased There were many foot soldiers both
movement was facing adverse circum- two-thirds majority of the available PF. They chose CCC and with that, approach in favour of the regime and at home and abroad. I was particular-
stances. It was a message of reassurance seats. We also won 75/120 of all the made an emphatic political statement against us. We saw the Zanu PF party ly pleased and humbled by the great
to the millions of people who believed contested seats in local authorities. that clears any confusion. candidates engaging in vote-buying, fund-raising efforts both at home and
in us; people that had stood with us which is contrary to the electoral law. in the diaspora. To our diaspora com-
in times of great adversity. I knew that The outcome could not have been However, we do not take this victory munity, you may not be here with us
many of our supporters were anxious more emphatic and convincing. We for granted. Neither will we bask in the Despite this litany of unfair and re- physically, but your contributions to the
and worried. I wanted everyone to know won against all odds, including under glory of the victory and forget to draw pressive measures and practices, the will struggle are making a huge footprint on
that we were calm and still in control. very controversial conduct and blatant lessons from the experience. We learned of the people prevailed. This is an im- our political landscape.
partisanship by the Zimbabwe Electoral a lot from the by-elections, not least the portant signal for the future, an indica-
I was never in doubt that we would Commission (Zec). fact that we continue to operate in an tion that with the best will in the world, I was pleased to see that we fielded
overcome the State-sponsored machina- authoritarian environment. We won it is possible to overcome obstacles and polling agents at all polling centres and
tions against us. As a man of faith, I be- Starting from nothing and operating the by-elections not because the elec- succeed. However, at just 35% of the that communities rallied around them,
lieved that the obstacles being placed in on a shoe-string budget, we defeated tion was free and fair, but by sheer force eligible voters, we also learned that the providing food and comfort during
our way were merely testing our resolve and humiliated our older rivals. The of will and faith, we overcame repressive voter turnout was poor, and it may have those many long hours keeping an eye
and that we would come out stronger. by-elections were dubbed a mini-gener- and unfair conditions. cost us in the marginal seats. It goes on the process. With committed eyes
As everyone now knows, the fog has al election and we won that mini-gener- without saying that to defeat author- and ears on the ground, our chances are
now cleared. al election in style. Our victory does not mean accep- itarianism, citizens must vote in large enhanced.
tance that elections have become free numbers, win big and defend the vote Rural vote
Back in 2020, our movement be- The scale of our performance is best and fair, or that we have full confidence in large numbers. I know that while we performed very
came a target of a deliberate and sys- seen from the perspective that the sur- in the elections referee, Zec. It fortifies well in urban areas, there are concerns
tematic attack by authoritarianism and rogate party that the regime had pro- our faith that even when faced with un- I know that by-elections tradition- over the rural areas. We are going to
tyranny. Our oppressors had realised moted over the past two years at our fair impediments, it is still possible to ally draw fewer voters, but considering work very hard over the next months to
that we were not for sale at any price. expense got absolutely nothing in these overcome and succeed. our circumstances, we do not have the enhance our fortunes countrywide and
Their efforts to co-opt or neutralise us by-elections. It did not win a single seat, luxury of ignoring elections. We must our performance at the next elections.
through vehicles like President Emmer- indeed, not even a single polling station. We will continue to fight for reforms overcome voter apathy in 2023. It is a myth that rural areas belong to
son Mnangagwa’s pet project, the Politi- so that our elections can be free, fair and Zanu PF.
cal Actors’ Dialogue had failed. This is a unit that had fired our MPs credible. The by-elections demonstrated However, to be eligible to vote, cit-
and councillors, claiming the seats be- severe weaknesses with the voters roll, izens must register to vote. Therefore, We know it is a myth because we
It, therefore, created and supported a longed to it. But when the by-elections which prevented many voters from ex- the critical call right now is for citizens have won in various provinces with
surrogate unit made up of old comrades came, it got nothing. The by-elections ercising their right to vote as they were to go out and register to vote. I make many rural constituencies before and
who had turned rogue. This reactionary confirmed the scale of its insignificance turned away at polling stations. We also this call, especially to the young people we are going win again. We are commit-
outfit, the ailing red party, was instru- on the political landscape. witnessed the recurring problem of as- of Zimbabwe. It is your future that is at ted to building a stronger and mutually
mentalised by the oppressors to drive us A clear choice sisted voting, a facility that is abused to stake, but right now, it is being decided enriching relationship with citizens in
into extinction. When I said the fog would soon clear, coerce citizens into voting against their by older generations. You cannot out- rural areas just as we have established a
Soul of the movement I meant that there would be no more wishes, especially in rural areas. source decisions regarding your future long-lasting relationship with the urban
Operating in cahoots with each oth- confusion as to the state of the oppo- to the older generations. communities.
er, they went on a spree of firing our sition. No serious observer of Zim- The regulatory authorities applied
legitimately elected representatives in babwean politics can legitimately say the law selectively, banning several of I know that young people complain Now that the by-elections are over
Parliament and local authorities. They today that the opposition is divided. our rallies while allowing our competi- that they do not have national Identity and we have made our political state-
grabbed our headquarters. The oppres- Such a claim would be insincere. What tors free passage. cards. Please use the opportunity that ment, over the next few months, we will
sors diverted our income under the is true is that there was an attempt to will be availed by the Registrar-Gener- be focusing on building our party struc-
political parties financing legislation, divide the opposition, but it ended in The oppressor unleashed political al’s national ID registration blitz. Voter tures across the country and building
giving it to their surrogate. They even dismal failure. The citizens refused to be violence which regrettably caused the registration itself is a continuous pro- robust leadership machinery that will
went after our name. Although they death of one of our members, Mboneni cess, but there will be a mobile voter take us through to the 2023 elections.
misappropriated these material posses- Ncube, and injuries to scores of citizens. We commend those who have been
sions, they did not realise that they were elected to carry out their mandates with
meaningless without the soul of the the seriousness they deserve.
party. And the soul of the movement is
vested in the citizens. The citizens have corrected the dem-
ocratic anomaly that was caused by the
The best victories in war are won oppressors and their surrogates over the
without fighting. They wanted a brawl past two years. Our mantra is ‘citizens
over these things, but we chose peace at the centre’. Citizens are first in ev-
and walked away. Some thought not erything, including in policymaking,
fighting was a weakness on our part. law-making, and all decision-making.
They did not understand that we were
playing the long game, rooted in the cit- As a Citizens’ Movement, the coach-
izens. We were going to trust the court es of our train are many and open to
of public opinion, the citizens. everyone. There is no first-class or econ-
omy class. We have no chefs.
On 24 January 2022, much to the
surprise of our detractors, we delivered Everyone is equal. We have space
a new baby, the Citizens' Coalition for for the young and elderly, for workers,
Change (CCC) and, in an instant, we farmers, artisanal miners, and big busi-
painted the entire nation yellow. ness.

What happened over the next few There is room for veterans of all
weeks is now part of political legend struggles, those who fought valiant-
and will be told in fireside tales for gen- ly to establish nationhood, those who
erations to come. We are grateful to the defended national interests in Mozam-
citizens for keeping the faith. bique and those who carried out region-
al mandate in the Democratic Republic
Everywhere we went, we were greet- of Congo.
ed with great love and affection. It was
as if this Citizens' Movement had been They and our pensioners who serve
in existence for decades. It was and is a the country with distinction should not
humbling experience. be living in poverty. We as a Citizens
Movement have a comprehensive pack-
If anyone was ever in doubt, the age for them.
campaign rallies across the country con-
firmed that the fog had cleared. The sur- I said the fog would clear and now it
rogate organisation had been created to has. However, the fact that the fog has
cause division and confusion. The op- cleared is not the end. We can now see
pressor wanted to create the impression more clearly where we want to go.
that the opposition was divided. The
aim was to suffocate and immobilise us. With the pretenders out of the way,
we must now work hard to make sure
Unfortunately, the gullible among that we deliver victory in 2023. The
us bought the ruse. We told them that by-elections victory has demonstrated
the fog would clear, but while many that even when the odds are against us,
understood us, some remained doubt- we can still prevail, and we are confident
ful. They were taken in by the false nar- that we shall prevail.
ratives that were already consigning us
to the margins, suggesting that we were We won these by-elections against
finished. They now know that they were all odds, and we will seal our victory in
fatally wrong. 2023. We win in large numbers. Let’s
By-election results do it. Let’s finish it. Let’s win big. CCC
The results of the just ended by-elec- is the next government of Zimbabwe.
tions have put all those doubts to bed.
*About the writer: Nelson Chamisa
is leader of the opposition Citizens'
Coalition for Change.

NewsHawks Critical Thinking Page 33

Issue 76, 15 April 2022

Nelson Chamisa’s CCC Reports of Zanu PF defeat in
vows to wrest power 2023 polls are tad premature
from the governing 10 000 votes.
Zanu PF in next year’s is thus one seat more secure. That in mind when reading articles that re- Zanu PF leader Emmerson Mnangagwa. Even taking into account that
Zimbabwe general elec- majority was previously held only by produce Chamisa’s statements that the win in 2023, loses sight of the fact that
tion — but his optimism virtue of one seat — Kwekwe Central by-elections are evidence he and his all 19 were captured from MDC-Alli- by-election voter turnout is always
might be misplaced. having “mistakenly” been allocated by CCC are on course for a “resounding ance and none from Zanu PF. much lower than in general elections,
the Zimbabwe Electoral Commission victory” in the 2023 polls. these numbers should give Chamisa
DEREK MATYSZAK (Zec) to Zanu PF in 2018. If Chamisa could not win in the and CCC pause.
Instead of parroting claims of the 2018 polls, which was among the most
SEVERAL Zimbabwe commentators One strong electoral current com- undoubtedly popular Chamisa, some free and fair in Zimbabwe’s electoral Mutasa South allows a similar anal-
have interpreted recent by-elections as mentators should bear in mind is that analysts should pay closer attention to history and Mnangagwa was on his ysis, but with by-election disinterest
raising the possibility that Zanu PF’s a large proportion of the Zimbabwe actual results. best behaviour while striving for legit- moderated. There, both Zanu PF and
42-year-long grip on power is loosening electorate is made up of vulnerable, imacy after taking power in 2017, he is opposition votes were greatly reduced.
and, come the 2023 general elections, and therefore manipulable, rural dwell- Chamisa, and many in Zimba- unlikely to succeed under very different Zanu PF dropped from 12 000 to just
opposition leader Nelson Chamisa’s ers. Voters tend to view polls with the bwe, saw Mwonzora’s takeover of the conditions. under 6 000, but CCC had the greater
Citizens' Coalition for Change (CCC) mindset of a punter at a racecourse MDC-Alliance as a secret Zanu-PF decline, plummeting from 14 000 to a
will defeat Zanu PF and President Em- rather than with a view to ensuring a ploy to try to split the opposition vote, Mnangagwa and the military will be little over 5 000. However, this is a ru-
merson Mnangagwa. more competent and less corrupt ad- confuse voters and otherwise cripple solely and fiercely focused on retaining ral seat, which one expects Zanu PF to
ministration rules over his or her lot. Chamisa’s former highly popular party. power at all costs and by any means win. Chamisa is a lay evangelist preach-
But these commentators sometimes Voting is a bet on who will win  necessary. er and in 2018 used fire-and-brimstone
repeat Chamisa statements in this re- This mindset is quite rational, and aris- However, in the by-elections, at tactics, citing biblical authority, Judg-
gard and seem to forget more powerful es from the fact that a display of feal- some polling stations, MDC-Alliance Voting demographics in Zimbabwe ment Day, the return of Jesus, and the
currents that have always determined ty to the ruling party during elections failed to secure a single vote — leaving remain deeply split along an urban/ru- end of times.
Zimbabwe’s elections. can, quite literally, be a matter of life or Chamisa smug and making it abun- ral divide. Zanu PF invariably captures
death and can determine access to food dantly clear that voters who previously the rural vote and the opposition the This electioneering saw claims of
It might be wiser to recognise that and other vital government-supplied identified MDC-Alliance with Chami- urban. As a positive for Chamisa, Zanu fraud falling on fertile ground among
the by-elections were more a contest aid. Two important and related features sa had, in the past, voted for it solely be- PF made no inroads into opposition opposition supporters who were deal-
between rival opposition factions in of Zimbabwean elections arise from cause of him. Chamisa is entitled to feel strongholds in the by-elections. How- ing with an acute crisis of frustrated
Zimbabwe than one of the opposition this set of circumstances. pleased at having trounced his nemesis ever, far from the by-elections show- expectations — and who then on 1
versus Zanu PF — that is, a struggle Mwonzora and that the plot to split the ing that Chamisa can change pro-Za- August 2018 took to the streets of Ha-
between the MDC-Alliance faction of First, voters cast ballots for the party vote, if that is what it was, flopped spec- nu voting patterns come 2023, these rare in violent protest. The edgy mili-
Douglas Mwonzora and Chamisa and they think will win. So the vote is a bet tacularly. by-elections suggested the opposite. tary overreacted and gunned down and
his new CCC party. on the party it is thought will emerge Fire-and-brimstone tactics killed six people, only one of whom was
victorious rather than the one the voter However, this should not cause the One of the seats Zanu PF captured was a protester.
Fifteen of the by-elections had them- might wish to emerge victorious. CCC and Chamisa to lose focus. Come Harare’s Epworth, a densely populated
selves been triggered by faction fighting 2023, Chamisa’s rivals will not be area with almost double the number of Chamisa says nothing will stop him
within the opposition. Second, ahead of polling, opposition MDC-Alliance but the much tougher voters of most other seats. This is sig- winning in 2023. But Zimbabwe’s elec-
leaders issue an avalanche of hubristic combo of Mnangagwa and Zanu PF, nificant for the numbers in the presi- toral law is vague and shifting and elec-
Anti-Chamisa factions used the let- statements with over-the-top predic- with all the power provided by incum- dential vote, which is national and not toral outcomes have certainly favoured
ter, if not the spirit, of a constitutional tions of victory in order to convince the bency and the backing of the security constituency-based. the incumbent.
provision by which they could contro- electorate that it is they who will win — sector at their disposal, and against
versially engineer the recall of Chami- and therefore to whom fealty should be whom Chamisa is unlikely to prevail. In 2018, the opposition won Ep- The “independent” Zec and its chief
sa-aligned MPs from Parliament, thus shown. These factors need to be borne worth by garnering 26 000 votes. In elections officer, a “retired” army ma-
eviscerating Chamisa’s influence and To make much of the fact that CCC the by-election its tally plummeted to 8 jor, Utloile Silaigwana, have repeated-
power in the legislature. The other va- took 19 of the 28 seats being contested, 000, allowing Zanu PF to win with just ly shown a willingness to work closely
cancies had arisen because of the deaths and to claim that this indicates it will with Zanu PF.
of four MPs since 2018.
This factor, together with the usual
Thus, the 15 Chamisa-aligned MPs, Zanu PF violence, intimidation, op-
recalled at the insistence of his adversar- pression and use of the state media with
ies, have all been replaced by Chami- its relentless pro-Zanu PF propaganda
sa-aligned MPs. So, the anti-Chamisa – not on display during the by-elections
ploy failed, to Chamisa’s considerable — suggests Chamisa might be over-op-
satisfaction. timistic.

This was probably the source of Cha- A recent study of the voters’ roll by
misa’s misplaced euphoria, his optimis- activist group Pachedu revealed that
tic frame of mind and overly confident rigging National Assembly election
claims about 2023. results is a simple matter of Zanu PF
identifying marginal seats from 2018
Chamisa has certainly emerged vic- and 2022 and then, working with its
torious in the long-running internecine membership list and the ever-help-
opposition battle. ful Zec, moving Zanu PF voters from
nearby safe seats to the marginal seats.
But this in no way means he can suc-
ceed against the more formidable foe Pachedu’s analysis suggests this rig-
of Zanu PF/Mnangagwa in the general ging modus operandi is already in ef-
elections next year. fect. One such marginal constituency is
Kwekwe Central — won by the opposi-
Intense personal rivalry tion in 2018 but “mistakenly” allocated
Furthermore, Chamisa’s pleasure over to Zanu PF by the Zec.
the poll results indicates he has pri-
marily viewed the by-elections through The Zec has moved thousands of
the narrow lens of his intense personal voters there from the Zanu PF safe seat
rivalry with Douglas Mwonzora, with of Mbire, where they were registered in
whom he has locked horns over leader- 2018, ahead of the 2023 polls.
ship of the main political opposition in
Zimbabwe. But, if this is the plan, it failed for
2022, as the opposition won Kwekwe
Mwonzora now heads the rival op- Central in the by-election.
position party, MDC-Alliance, which
he captured, cuckoo-like, from Chami- This might merely encourage the
sa with the help of Zanu PF in 2020 — Zec and Zanu PF to register even more
retaining the name of the original party Zanu PF supporters in the constituen-
and forcing Chamisa to hastily form a cy, having learned from the by-election
new party, the CCC, in time for the “test run” that another 4 000 supporters
by-elections.   are needed to capture the vital seat.

The two men clashed over leader- — Daily Maverick.
ship of the Movement for Democratic *About the writer: Derek
Change (MDC), the party founded by Matyszak is a well-known writer on
the late Morgan Tsvangiriai, the first Zimbabwean politics, law and the
opposition figure to pose a real threat to interface between the two. He has
former president Robert Mugabe.   authored two books on Zimbabwe,
and numerous papers and journal
Infighting and splits have wracked articles. Some of his work has been
the party since 2005 and intensified af- published through the Institute for Se-
ter the death of Tsvangirai in 2018. curity Studies in South Africa, where
he worked from May 2016 to August
Zanu PF also has reason to be satis- 2019.
fied with the by-election results, having
flipped two previously opposition-held
seats (Mwonzora faction) and lost
none.

Zanu PF’s slim, constitution-chang-
ing, two-thirds majority in parliament

Page 34 Reframing Issues NewsHawks

Issue 76, 15 April 2022

How organisations perpetuate patterns
of inequality: South African case study

JOHN LUIZ

THE continued institutional repro- contesting the status quo. and food security in the country. cumvent laws seeking to protect farm .
duction of inequality is a matter of In our study we found a range of Challenging this notion were people workers. as both systems default to an exploita-
growing concern in vast parts of the tion of cheap labour.
world. This concern manifests differ- contradictory factors contributed to calling for social justice to prevail. They In addition, they engaged in limit- Why it matters
ently in different regions. It is evident the conflict. The incumbent apartheid were seeking equality in terms of politi- ed negotiations with the farmworkers Our findings highlight how systems of
in protests, uprisings and unrest. logic, which institutionalised a system cal as well as economic rights. whose family ties stretched back gen- oppression and exploitation are perpet-
of racial hierarchies, was still pervasive. erations. In these engagements farmers uated, often under the cloak of an ar-
Our  research  asks how and why The 1994 settlement (and its protec- For example, farmers based their drew on a historically defined paternal- gument for the supremacy of markets.
inequality manages to be reproduced, tion of existing property rights) in ef- reluctance to fully accede to workers’ istic relationship. This meant cutting
and what role organisations play in fect froze economic relationships at a demands on a business imperative and through some of the workers’ solidar- Arguments around economic effi-
maintaining exploitative labour prac- point in time. market logic.  ity and muddying workers’ sense of ciencies and the paramount impor-
tices. community by attempting to create tance of property rights are invoked as
On the one hand were the owners They saw the conflict over wages schisms between workers. This in- being essential to investment decisions.
To answer these questions, we of capital with what had been appor- and working conditions as an attempt creased tensions between insiders and And the resultant levels of inequality
zoomed in on a particular case of con- tioned them under apartheid. On the to undermine their property rights and outsiders within the conflict. In turn are justified as meritocratic outcomes
flict in South Africa: the  2012-2013 other were the workers – racially de- part of a wider political orchestration this allowed the dissipation of opposi- of effort and abilities.
farmworker strikes  in the Western fined and previously dispossessed. to bring about  more radical, populist tion and the maintenance of the status
Cape, where protests turned violent economic transformation. quo. The market logic legitimisation in
over a protracted period. As a result, beliefs underpinning the turn makes it more “acceptable” to see
primacy of markets and market econo- In their search for a market solu- The outcome from the workers’ per- the persistence of inequality.
Inequality has continued to rise in mies legitimised old practices by high- tion, farmers increasingly resorted to spective looks disappointingly similar
South Africa even though the 1994 lighting the importance of economic outsourcing and short-term labour Our case shows the difficulties of
democratic transition was intended to contracts. This enabled them to cir- establishing new institutional frame-
usher in a new era that would undo the works. It shows why institutional in-
legacy of colonialism and apartheid. equality persists as societies accumulate
The country’s Gini coefficient, which special interests that have little incen-
measures income inequality, makes it tive to adjust the status quo – and every
among the most unequal in the world. incentive to maintain it.

We collected data from face-to-face Although our case focuses on South
semi-structured interviews with farm- Africa, we see similar struggles in other
workers, farmers and other key stake- parts of the world.
holders who were active participants in
the conflict. We also used focus groups — The Conversation.
and archival research. Ansellia Adams co-authored this
article. She has a background in po-
Our findings provide an expla- litical economy and development and
nation about the institutional logics currently works as an analyst. Her
(the belief systems underpinning how work focuses on the nexus between in-
institutions operate) for stubborn sys- stitutions and development outcomes
tems of inequality and oppression that in developing regions.
remain in place even after transitions *About the writer: John Luiz is
promise more equality. We see how professor of international business
actors and organisations exercise power strategy and emerging markets at the
in ways that legitimise unequal access University of Sussex Business School
to resources and opportunities. It be- in the United Kingdom, and the
comes clear why this can result in the Graduate School of Business at the
persistence of inequality. Here is an University of Cape Town in South
example. Although slavery officially Africa.
ended in America with the passing of
the 13th amendment in 1865, white
southern elites were able to block eco-
nomic reforms that might have under-
mined their interests and found alter-
native ways of disenfranchising freed
slaves.

In South Africa’s case the transition
from apartheid to democracy in 1994
led to the adoption of a liberal consti-
tution in 1996. This presented a new
set of rules that entrenched de jure pro-
tections and an extensive Bill of Rights,
including socio-economic rights. The
new dispensation promised the begin-
ning of equality.

Yet nearly 27 years later, the de facto
rules often mirror the gross inequali-
ty of apartheid. This has led many to
question the incomplete nature of the
transition. As one of our participants
explained:

"How can we speak about a new de-
mocracy? … Apartheid is just now in a
different way. It is still apartheid."
Tensions between the old and the
new
The tensions between de facto and de
jure institutions had been building up
for years and culminated in various
violent conflicts in 2012. The farm-
workers’ strike was one of the most
prominent.

The immediate cause of the con-
flict was linked to working conditions
and wages on farms in the region. But
it was also representative of the com-
plex and often conflicting dynamics
between the persistence of the old and
the challenge of embedding new actors

NewsHawks Reframing Issues Page 35

Issue 76, 15 April 2022

Odinga running his fifth presidential race.
Why the outcome means so much for Kenya

DAVID E. KIWUWA

LEO ni leo. Inawezekana (Today is the President Uhuru Kenyatta (left) shake hands with Raila Odinga.
day. It is possible). These are the Kiswa-
hili lyrics of Raila Odinga’s presiden- Kenyatta, his rival in the last election. Potential kingmakers party, representing the Kamba ethnic to meet its loan repayment obligations.
tial campaign anthem. Their families have, historically, been Largely, Kenyan politics is not so much constituency Odinga has promised to  address this,
rivals. But in 2018 after the bitterly dis- about ideological positions or even dis- partly by renegotiating short-term com-
The 77-year-old veteran Kenyan puted 2017 poll the two protagonists tinct policy differences but the ability to • Gideon Moi of the Kenya National mercial loans that carry punitive interest
politician has not lost optimism even agreed to a national reform framework craft strategic coalitions –  largely built African Union party, a current senator rates.
though he is contesting the election marked by a symbolic handshake. along ethnic lines – to deliver the spoils and son of former president late Daniel
for the fifth time. He was in the race in of power to contenders. Arap Moi Economic re-invigoration and  tack-
1997, 2007, 2013 and 2017. This resulted in the Building Bridges ling persistently  high poverty lev-
Initiative. The stated aim was to try and Consequently, no presidential candi- • Charity Ngilu, of the National els are also his stated priorities. He
This time around he looks like the counter the "winner-takes-all" nature date in Kenya has run on the same party Rainbow Coalition (NARC) and one also  claims  to be concerned about  en-
front runner. This is because of the of Kenyan elections, and to ensure that (coalition) platform as in the previous of the few women who have served in demic corruption and justice reforms.
strategic alliances he has built as well as the country never experienced electoral elections. There is significant horse-trad- various governments
the fact that the incumbent president, violence again. ing prior to any electoral cycle. For the Kenya’s  ailing healthcare system  is
Uhuru Kenyatta, has mobilised state 2022 election, over 180 members of the • Martha Karua, of NARC-Kenya not fit for purpose and Odinga speaks
machinery to support him in the Au- The reform package didn’t have a senate and national assembly have shift- and a former government minister and of “Babacare” a programme to ensure
gust 2022 poll. long shelf life. It was subsequently ruled ed allegiance from the party that spon- unsuccessful presidential candidate in universal healthcare with well equipped
unconstitutional. sored them in 2017. 2013. facilities.
He has come close to victory twice Baba or the Hustler?
before. The 2007 poll result was hotly The 2018 rapprochement marked Odinga’s new platform has been built Kenyatta has asked Kenyans tosupport Skills development  and technical
disputed and ended with tragic conse- the end of the alliance between presi- with these factors in mind. this old man (Odinga) and help him training is another of his priority con-
quences. Widespread violence led to dent Kenyatta and his deputy president, protect our interests and legacy. When cerns given the very high rates of youth
the death of over 1100 people and 600 William Ruto. Together they had won Beyond Kenyatta, Odinga has built a this young man (Ruto) toes the line in unemployment. It currently stands at
000 were displaced. elections against Odinga. formidable alliance composed of veteran future, we … will consider him. approximately 39%.
politicians and political heavyweights.
It was an election he and his sup- The "handshake" moment was the These stalwarts of ethnic constituencies This indicates a generational con- Lastly, Odinga envisages a social se-
porters believed he had won against the point at which Odinga began to posi- are expected to mobilise communal test, one between Kenya’s old political curity system known as Azimio la Umo-
incumbent Mwai Kibaki. This could tion himself to challenge for the presi- support for the Azimio candidate. family, seen as steady and assured, and ja, a kind of welfare state with a month-
well have been the case. An indepen- dency against Ruto. And with the help the “youthful hustler” vice-president, ly stipend of US$60 for poor Kenyans.
dent commission set up to investigate of the incumbent president Kenyatta, Kenya’s politics is still characterised painted as impetuous, unyielding and But all these policy areas are largely the
the poll found widespread malpractices. he appears to have a real chance. by ethnic interests. To date, Uhuru’s Ki- cunning. same concerns of previous elections and
It concluded  that it was impossible to kuyu and Ruto’s Kalenjin  have  domi- of both the Kwanza (Ruto) and Azimio
determine who won. In the absence of credible opinion nated the Kenyan presidency and civil Kenya has come a long way from the (Odinga) Alliances.
polls, the belief is that this is a tight two service. In their candidate Odinga, the orgies of the 2007 electoral violence. Yet
Then ten years later Odinga suc- horse race between Odinga and William Luos have, for the first time, a realistic its political trajectory is still filled with The August 2022 elections represents
ceeded  in annulling  Uhuru Kenyatta’s Ruto of the Kenya Kwanza coalition. chance. nervy uncertainty. an epochal moment, one that will either
first round victory in the Kenya’s Su- Odinga’s agenda define its future or mirror its past.
preme Court. It ruled that the electoral The outcome, I believe, will be dictat- Their triumph would signal a seismic Odinga will have a full in-tray if he wins.
commission had failed to conduct the ed by the collective mobilisation capac- shift in the power symmetry given that Kenya’s national debt portfolio has risen — The Conversation.
presidential elections in a way that was ity and support of the coalition blocs. no Luo has held the presidency before. to US$54.3 billion. The World Bank *About the writer: David E Ki-
compliant with the dictates of the con- At present there are no consequential has warned the country about its ability wuwa is associate professor of inter-
stitution. contenders beyond the two and their To achieve this feat, Odinga has national studies at the University of
allies in the Azimio and Kenya Kwanza brought on board: Nottingham in the United Kingdom.
Kenyatta won the rerun, which voting blocs.
Odinga boycotted. His reason was that • Kalonzo Musyoka of the Wiper
not enough reforms had been put in
place to safeguard the ballot against the
practices that had led to the previous
election being nullified.

This time round Odinga represents
an alliance,  Azimio la Umoja  (Kiswa-
hili for “pledge of unity”). This has
brought together 26 parties, dominated
by Odinga’s own Orange Democratic
Movement and the outgoing president
Kenyatta’s Jubilee party. With  20 gov-
ernors and over 100 National Constit-
uency members, the alliance represents
a potentially sizeable national electoral
spread.

Long seen as an anti-establishment
candidate, Odinga has a common
touch that resonates with Kenyans who
have felt locked out of the power ma-
trix controlled by two ethnic groups
since independence in 1963 – the Ki-
kuyu and Kalenjin.

This time, though, he is the establish-
ment candidate.
Odinga the strategist
Odinga comes from a  political fami-
ly. He is the son of post-independence
Kenya’s first vice-president, Jaramogi
Oginga Odinga. Much has been made
of his family background, and his oppo-
nents suggest he is driven by a sense of
entitlement.

But he has built credibility in his
own right too. First as a  political pris-
oner between 1982 and 1988, then as a
member of parliament as well as prime
minister (2008-2013).

He has also established himself as a
veteran opposition leader and perennial
presidential contender.

He is considered a master strategist,
sometimes populist and excellent mo-
biliser with a fervent following among
his Luo kinsmen.

Recently, Odinga has been officially
endorsed by outgoing president Uhuru

Page 36 Africa News NewsHawks

Issue 76, 15 April 2022

Tanzania’s Hassan has put out positive
signals: Deeper change is yet to come

ROB AHEARNE

AFTER the death of President Tanzanian President Samia Suluhu Hassan.
John Magufuli on 17 March 2021,
Vice-President Samia Suluhu Has- It has even been suggested that crease in the number of women in ing in 2017. Additionally, terrorism Kikwete in 2014 – has led some to
san became Tanzania’s sixth pres- Tanzania’s improved ties with in- the  cabinet  – they are now nine charges  against Freeman Mbowe, question if structural change is on
ident, and the first woman in the vestment partners means that the out of 25 – and in more prominent the chairman of the opposition her agenda.
office. country is well positioned to en- positions. Speaker Tulia Ackson re- party Chadema, were dropped. The
hance global gas exports in light of placed Job Ndugai, one of a num- ban on four Swahili language news- Leading opposition figures argue
She may have been an “acciden- the Russian invasion of Ukraine. ber of Magufuli loyalists to lose his papers, instituted under the previ- that without constitutional amend-
tal president” but she seems to have This is a position that Hassan position.  Stergomena Tax  became ous regime, was also lifted. ments, the unchecked power of
set Tanzania on a change of course has acknowledged. Significant prog- the country’s first female defence Cautious optimism the president and the ruling party,
compared to the approach taken by ress has already been made in rolling minister. The signs so far appear encouraging. Chama cha Mapinduzi, will make
her predecessor. Her government out plans for a liquefied natural gas According to the 2021 Afrobarom- mounting a credible electoral chal-
has enhanced diplomatic relations, plant since the change of govern- These appointments have eter survey, Tanzanian’s top four lenge in 2025 difficult.
approached the Covid-19 pandemic ment. The facility is expected to be sparked  important discussions  on priorities for the government are:
differently and increased the num- complete by 2028. the role of women in Tanzanian health (top priority for 23.2% of re- Deeper structural and consti-
ber of women in high political of- Action on women politics, especially on social media. spondents), water supply (16.3%), tutional transformation in Tanza-
fice. Many were rightly critical of Has- It may also demonstrate a more pro- infrastructure and roads (15.1%), nia may fail to materialise in Has-
san’s  clumsy comments  in 2021 gressive and even  feminist foreign and electricity (6.3%). san’s  first term in office. Whether
The extent to which this will when she described Tanzania’s policy moving forward. it will happen under her leadership
bring  institutional  rather than women footballers as having “flat Addressing the one-party spiral Hassan’s recently outlined priori- will become clearer with time, but
merely rhetorical change is unclear. chests”. This chimed more with her Under Magufuli, it had been ar- ties seem to reflect this list. change is needed to reunite a  still
Detractors will point to her lack predecessor’s well-documented  mi- gued that Tanzania was returning fractured  country. We could look
of commitment to broader  consti- sogynistic attitudes. to a system closer to the days of Citizens expect good schools to proximate examples from Kenya
tutional change  as evidence of the the  one-party state. This seems to where their children can go to learn. and South Africa  where constitu-
latter. But her actions have spoken be changing under Hassan, at least They are waiting for health centres tional reforms helped foster a deep-
louder than her words. This is evi- rhetorically. She has highlighted the to be built, water supply, and rural er sense of national unity.
Given that Hassan has marked denced in her progressive move to need for  changes to political con- electrification. This constitutional
her first year in office, it is fair to lift a long-standing ban on  teen- duct and clean politics. exercise is very costly. — The Conversation.
consider some of her government’s age mothers  returning to school to
achievements and what these indi- complete their studies. She has met with Tundu Lissu, an However, the lack of commitment *About the writer: Rob Ahearne
cate about her main priorities for exiled political opponent who fled she has expressed on restarting con- is senior lecturer in politics and
the remainder of her term. Tanza- She has also overseen an in- to Belgium after a near fatal shoot- stitutional changes  – which stalled international relations at the Uni-
nia’s next election is in 2025. under former president Jakaya versity of East London in the Unit-
ed Kingdom.
Within six months of taking of-
fice, Hassan had reshuffled her cab-
inet. This was viewed as an attempt
to increase her grip on power within
the ruling party, Chama cha Mapin-
duzi. Soon after, she announced her
intention to run for a second term.

She also publicly received
a Covid-19 vaccination in a marked
divergence from the attitudes of her
predecessor.

Hassan also made headlines
by  calling out  gross global vaccine
inequities at the UN General As-
sembly. Her government has addi-
tionally steered the country out of
an economic crisis that was in large
part caused by the COVID-19 pan-
demic.
Economic gains
As a result of taking a more mea-
sured and less bombastic approach
than her predecessor, Hassan’s gov-
ernment has had notable successes
in improving  diplomatic and eco-
nomic ties.

Her government has also set
about improving continental and
regional economic relations. It  rat-
ified  the African Continental Free
Trade Area and has overseen  in-
creased trade  with neighbouring
Kenya. Hassan also signed Tanzania
on to a trade deal between the East
African Community and the Euro-
pean Union in February 2022 that
had been blocked by her predeces-
sor.

While this may see the re-emer-
gence of reservations at such agree-
ments, not least from former pres-
idents, they mark a clear change
of tone under Hassan. They signal
a move away from the outspoken
rhetoric of  economic national-
ism  under Magufuli, even if that
softened through his first term in
office.

NewsHawks World News Page 37

Issue 76, 15 April 2022

RUCHIR SHARMA Emerging markets are the
next comeback nations
EARLY in the Covid-19 pandemic, I ar- Emirates, and other emerging nations. 
gued in an article for Foreign Affairs that markets, and from there to the 0.01% of repeat itself: the boom of the 2010s will File photo. The pandemic is also accelerating the
in the 2010s, the United States had defied the country’s economic elites, widening wither and the 2020s will prove far less guing in 2012 that excess and compla-
predictions of its imminent decline and inequality and the US financial system’s great than the previous decade was for the cency had left the big emerging markets digital revolution, which was already un-
instead risen to new heights as an eco- growing addiction to debt. This approach United States. such as Brazil and Russia broken — and folding with more transformative impact
nomic superpower. further accelerated the rise of monopolies, An emerging market decade the United States poised for a comeback. in emerging economies than developed
since easy money gives the largest compa- Should the United States turn from boom That is ultimately what happened in the ones. Since consumers in emerging econ-
This revival, I warned, was in its very nies both the incentive and the means to to bust — or simply drift sideways for a 2010s: emerging markets, save for China, omies are less likely to have access to brick
mature stages and likely to end in a long buy out the small and tighten their grip period of time — the winners may well dwindled and lost shares of both global and mortar businesses, they are moving
hangover. If the United States had been on industries. It also accelerated the rise be emerging economies outside of Chi- GDP and global markets, while the Unit- much more quickly to adopt mobile In-
the comeback nation of the last decade, of “zombies” — firms that do not earn na. Though the pandemic and the war in ed States grew ever stronger as a financial ternet services, from digital cash to online
the 2020s would belong to the rest of the enough to service their debts and survive Ukraine are deepening a sense of gloom superpower. education and shopping.
world. Two years on, the pandemic and only by taking on more debt. Labor pro- about the prospects for developing na-
the Russian invasion of Ukraine are solid- ductivity briefly surged in 2020, as work- tions, many of these countries are likely to It is the turn of smaller powers — not Digital revenue not only accounts for a
ifying that forecast by accelerating trends ers still on the job scrambled to make up thrive in the coming years. Most nations superpowers — to stage a comeback. higher share of GDP in emerging econo-
that could erode US preeminence. Debt for those who had been let go as a result in Africa, Latin America, and the Middle mies than developed ones, it is also grow-
is rising faster in the United States than in of the pandemic-induced recession, but it East are large commodity producers, and The global economy of the 2020s is ing faster: India, for instance, is home to
most other countries. Inflation is running is now fading. their exports will be more valuable as the different. The excesses created by boom as many new technology companies today
well above the global average. And many world reduces its dependence on supplies times in the United States are matched as is France or Germany. In regional mar-
nations, observing the crippling effect of And the outlook has only gotten from Russia. by pockets of strength in the emerging kets from Africa to Asia, the dominant
US sanctions on the Russian economy as worse. The federal government and U.S. world, in regions ranging from eastern brand names in Internet service industries
the war rages on in Ukraine, are looking corporations are currently so deep in debt Even before the Russian invasion of Europe to Southeast Asia and in indus- such as e-commerce and search are often
for ways to reduce their dependence on that it is hard to imagine how they can Ukraine, emerging economies driven by tries such as manufacturing, natural re- those of local players, not familiar US gi-
the mighty dollar, which is the founda- further boost the economy, especially as exports of oil, metals, farm products, and sources, and digital technology.  These ants such as Amazon or Google.None of
tion of the United States’ position as the interest rates are now rising. In 2010, the other commodities were poised to rally. possibilities have largely been overlooked this means that American declinists will
preeminent financial superpower. United States owed the rest of the world The campaign to build a greener global because, in the past, emerging world finally be proved right, particularly since
US$2.5 trillion, a sum equal to 17% of economy has simultaneously increased success stories were confined mainly to their standard narrative is that the United
Potent economic booms often lead to US gross domestic product (GDP). By the demand for energy and raw materials export manufacturing economies such States is losing ground to China. Mea-
politicians and economic stewards los- early 2020, those liabilities had risen while making it increasingly difficult to as Taiwan, South Korea, or China itself. sured in real US dollars, the United States
ing discipline and pushing their econo- to US$12 trillion, or well over  50% of invest in new oil fields, aluminum smelt- Now, with both exports and manufactur- still accounts for about a quarter of global
mies off the rails. The US boom of the GDP — a threshold that has often trig- ers, or copper mines. The result has been ing shrinking as a share of global GDP, GDP — the same share as in 1980. Chi-
2010s was unexpectedly potent: for  the gered currency crises in the past. They what is known as greenflation — a rise in this path is increasingly narrow — but it na’s rising share has come largely at the
first time since record keeping began in now stand at US$16 trillion, or 70% of commodity prices driven by environmen- is not closed. As factories seeking cheaper expense of Europe and Japan, and declin-
the 1850s, the United States experienced GDP. Zombies, which barely existed 20 tal pressures — which could last for much labor or shorter shipping routes move out ists overlook the fact that China faces its
a full decade  without  a single recession. years ago, now account for as many as one of this decade, with new supplies entering of China, they are providing a big boost own huge debt problem, magnified by
Growing faster than many other econ- in five US-listed companies.  the global market very slowly. This new to a select few countries, such as Bangla- the challenges of an aging population and
omies — developed and developing — commodity up-cycle should lift the for- desh, Cambodia, and Vietnam. shrinking labour force. These signs point
the United States saw its share of global Many Americans, including US Pres- tunes of major exporters such as Brazil, to a flat decade for both superpowers, cre-
GDP expand from a low of 21% to 25% ident Joe Biden, ignored the underlying Saudi Arabia, and South Africa. Nothing inspires reform like a crisis, ating an opening for emerging markets to
over the course of the decade. Its share decay of the US financial system and and a crisis on the scale of the pandemic make significant gains.
of global stock markets expanded even interpreted the recovery of 2021 not for To be clear, I am not predicting a return was bound to force a major wave of re- Comeback nations
more rapidly, from 42% to 58%. Average what it was — a bounce off the depths of to the first decade of this century, when a form. Emerging nations couldn’t borrow Many analysts dismiss or ignore the
incomes in real dollar terms started the the 2020 recession — but as the sign of perfect storm of global forces including and spend to ease the pain the pandemic budding economic success stories of the
decade 26% higher in the United States another hot decade to come. Optimism rapidly expanding trade and rising com- inflicted on their economies the way the developing world out of an attachment
than in Europe and finished more than seized the stock markets as millions of modity prices simultaneously accelerated United States did. Instead, many  were to a bygone era. They compare growth
60 percent higher. US business and con- Americans started trading for the first growth in virtually all emerging econo- forced to adopt reforms that ultimately today to the unusually high growth rates
sumer confidence hit highs last seen in time. Relative to other markets, the US mies. That was a freakishly unusual syn- should boost productivity and growth. achieved in the post-World War II de-
the 1960s. stock market rose to a 100-year high in chronized boom, but it led nonetheless to India has been privatising some of its cades, when the world was in the midst
2021, reflecting unbridled confidence forecasts of a coming  “emerging market inefficient state-owned enterprises, Indo- of a demographic and productivity boom
Having staged a comeback in the in the American future.  Such giddiness century.” I demurred in  these pages, ar- nesia has cut taxes and eased labor laws, that makes every economy today look
2010s, the United States is unlikely to makes it only more likely that history will and Saudi Arabia is loosening immigra- sluggish in comparison. Developed or
repeat the feat in the 2020s. Hot decades tion barriers. Similar reform campaigns developing, all economies now face the
often lead to downturns. Witness how are underway in Egypt, the United Arab challenges of slower population growth,
the US boom of the 1960s ended in the declining productivity, and higher debt
malaise  of the 1970s; the boom of the burdens. Growth is likely to be slower ev-
1990s ended in the dot-com bust, with erywhere in coming decades, but success
the United States leading the world into is always relative. An era of slow global
two recessions in the first decade of this growth will still give rise to relative win-
century. The boom of the 2010s was al- ners and those will still be found mainly
ready showing fissures when the pandem- in the emerging world.  
ic came along and wrenched those cracks
open. As the global economy enters this
new era of multipolar growth, the Unit-
This is not to say that the United States ed States would be wise not to succumb
will necessarily decline in the coming to tunnel vision in foreign policy. The
years — nor that China will surpass it Ukraine war has only narrowed the fa-
and take the helm of the global economy. miliar debate over which foreign rival
What is more likely is that the United the United States should focus on more,
States will have a mediocre decade, stag- China or Russia. But the old superpowers
nating rather than expanding. It is a vic- are not among the economies most likely
tim of its own success after such a strong to gain on the world stage in this decade.
comeback. The markets appear to sense The United States will see the rise of new
this impending shift: despite the shadow economic challengers — or partners —
cast by the war in Ukraine, seven out of in countries such as Poland and Vietnam,
every ten emerging stock markets are out- driven by manufacturing and tech; Brazil
performing the US market so far in 2022. and Saudi Arabia, fueled by commodi-
China also faces similarly daunting debt ties; and India and Indonesia, propelled
burdens, which are compounded by the by digitization and a dash of economic re-
challenges of a rapidly aging population. form. A foreign policy that neglects these
The winners of the next decade will likely potential players would be shortsighted.
emerge from other parts of the globe — All these nations stand to gain from the
and that process may have already begun. pattern of history, which often leaves the
The perils of easy money hottest economy of one decade cool to
I wrote in 2020 that the United States the touch the next. It is the turn of small-
was taking its success for granted by er powers — not superpowers — to stage
not responding to mounting threats a comeback.
from debts and deficits. Over-indebted-
ness has historically posed an existential — Foreign Affairs.
threat to financial empires, but rather *About the writer: Ruchir Sharma is
than attempting to chip away at the fed- chairperson of Rockefeller Internation-
eral government’s arrears, Washington al and the author of  The Ten Rules of
has instead upped its borrowing. In the Successful Nations.
spring of 2020, flush and confident in
the wake of its decade-long boom and
facing arguably the worst global eco-
nomic downturn since the Great Depres-
sion, the U.S. government rolled out the
most generous stimulus package of any
large economy in response to the havoc
wreaked by Covid-19, pushing its debts
to new heights. Easy money gushed from
the US Federal Reserve into the financial

Page 38 NewsHawks

Issue 76, 15 April 2022

BANK OF ZI NO. BIDDER AMOUNT NO. BIDDER AMOUNT SHARE (%)
RESERVE MBABWE 41 NORTON DEEP (PVT) LTD ALLOTTED (US$) SHARE (%) 164 MIMSEM INVESTMENTS ALLOTTED (US$) 0.2%
42 PAZA BUSTER COMMODITY BROKERS 165 CZIM CORRUGATED BOX SOLUTION P/L 0.2%
PRESS STATEMENT 43 MOMENTUM IMARA SP REID 491,344 0.3% 166 CLOREX HOLDINGS 260,000 0.2%
44 EARLGREY MOTORS P/L 483,790 0.3% 167 FINANCE AID P/L 260,000 0.2%
FOREIGN EXCHANGE AUCTION ALLOTMENTS FOR MARCH 2022 AND FOREIGN 45 ANDALUSIA INVESTMENTS (PVT) LTD TA ZIMBORDERS 480,000 0.3% 168 MERRYLIGHT ENTERPRISES (PVT) LTD 260,000 0.2%
EXCHANGE PAYMENTS FOR THE PERIOD JANUARY TO MARCH 2022 46 FARAMATSI MOTORS (PVT) LTD 479,628 0.3% 169 SEALACHEM (PVT) LTD 259,455 0.2%
47 REDAN BULK (PVT) LTD 473,661 0.3% 170 CRAMESHORE INVESTMENTS 256,968 0.2%
In line with the Bank’s commitment to regularly keep the public informed of developments 48 VICTORIA FOODS PVT LTD 470,831 0.3% 171 A.LUCKY BRAND (PRIVATE) LIMITED 256,096 0.2%
in the foreign exchange market, the Bank hereby publishes the following: 49 ARENEL (PRIVATE) LIMITED 470,224 0.3% 172 LIBERTY STOCK ZIMBABWE 255,000 0.2%
50 ALL COMMODITY EXPORTS P\L 469,025 0.3% 173 CENTRAL AFRICAN PACKAGING CORPORATION PVT LTD 253,846 0.2%
1. A list of the 886 beneficiaries of US$151 898 457 allotted under the Main Foreign 51 FARMEC 450,529 0.3% 174 INVICTUS FITNESS CENTRE 253,232 0.2%
Exchange Auction during the month of March 2022; 52 TYREZIM PVT LTD 450,400 0.3% 175 ZIMBABWE PHOSPHATE INDUSTRIES 252,502 0.2%
53 DRIPTECH IRRIGATION PVT LTD 450,000 0.3% 176 BOC ZIMBABWE (PVT) LTD 251,000 0.2%
2. A list of the 2 371 beneficiaries of US$32 225 555 allotted under the SMEs Foreign 54 RETVIC TRADING (PVT) LTD T/A TIGER WHEELS &TYRE 449,984 0.3% 177 HITESH NATWARIAL ANADKAT 250,926 0.2%
Exchange Auction during the month of March 2022; and 55 CHEMPLEX CORPORATION 446,400 0.3% 178 CHASDIEL INVESTMENTS (PVT) LTD 250,828 0.2%
56 GLENARA ESTATES PVT LTD 441,193 0.3% 179 AGRICON EQUIPMENT (PVT) LTD 250,000 0.2%
3. A schedule showing the total foreign exchange payments for the first quarter of 2022, by 57 ZADA CONSTRUCTION PRIVATE LIMITED 436,027 0.3% 180 CORDILLERA (PVT) LTD 249,714 0.2%
source, amounting to US$1 825 602 864 broken down as follows: - 58 COLOURMAXIMAL INVESTMENTS 430,000 0.3% 181 ZIMBERLY INVESTMENTS 249,418 0.2%
(i) foreign currency accounts (US$1 382 594 063), 59 DOCTOR HENN INVESTMENTS 421,908 0.3% 182 NATAFLEX PRODUCE PBC 248,532 0.2%
(ii) Foreign Exchange Auction Allotments (US$402 475 533); and 60 AGRI VALUE CHAIN ZIMBABWE (PVT) LTD 408,602 0.3% 183 NATIONAL SPICEWORKS P/L 247,500 0.2%
(iii) the interbank market (US$40 533 269). 61 POLYPACKAGING PVT LTD 407,246 0.3% 184 ZIMPEBBLES (PVT) LTD 247,341 0.2%
403,165 0.3% 185 COMOX TRADING PVT LTD 246,609 0.2%
The bulk of the auction allotments during the month of March 2022 (64%) was for payment UNIVERN ENTERPRISES PVT LTD T/A SOUTHERN REGION 401,992 0.3% 186 PELLIER ENTERPRISES PVT LTD 246,473 0.2%
for raw materials (US$70 617 468) and machinery and equipment (US$47 933 233), with 62 TRADING CO 187 SHUMBA TAFARI (PRIVATE) LIMITED 245,400 0.2%
the remaining 36% of the total allotments going towards payment for retail and distribution 63 VARICHEM PHARMACEUTICALS 401,349 0.3% 188 SOLARQUIP 242,965 0.2%
(US$19 706 710), consumables (US$16 345 575), services (US$14 538 087), 64 BARZEM ENTERPRISES P/L 400,634 0.3% 189 STATE STREET BANK 242,916 0.2%
pharmaceuticals and chemicals (US$9 226 337), packaging (US$5 224 761) and fuel, 65 KARIBA HYDRO POWER COMPANY PVT LTD 400,070 0.3% 190 AMANZI OASIS INCORPORATED 242,887 0.2%
electricity and gas (US$531 842), as shown in the tables below. 66 PEOPLE`S OWN SAVINGS BANK 400,000 0.3% 191 MINING REAGENTS 242,339 0.2%
67 PUNGWE B POWER STATION PVT LTD 400,000 0.3% 192 KUKURA SEED HOUSE (PVT) LTD 241,942 0.2%
Total foreign exchange auction allotments for the period January 2022 to March 2022 399,506 0.3% 193 ZERO DEGREES INVESTMENTS 240,800 0.2%
amounted to US$402 475 533, bringing the cumulative allotments since inception of the MEDITERRANEAN SHIPPING COMPANY S.A. 194 YAFEI ENTERPRISES P/L 240,798 0.2%
Foreign Exchange Auction System to US$2 998 856 346. 68 (PRIVATE) LIMITED 393,973 0.3% 195 MODERNTOUCH INVESTMENTS 240,442 0.2%
69 SABLE CHEMICAL INDUSTRIES 393,021 0.3% 196 CARACAL INVESTMENTS 237,064 0.2%
John P Mangudya 70 CHILMUND INVESTMENTS (PVT) LTD 392,367 0.3% 197 HAPPY DAY SANITARY 236,770 0.2%
Governor 71 ZIMCOLOR INVESTMENTS 391,448 0.3% 198 TOUCH DISTRIBUTORS 236,448 0.2%
12 April 2022 72 MUTURI ENTERPRISES (PVT) LTD 391,175 0.3% 199 CRANNY MINING RESOURCES 235,196 0.2%
73 UNIFREIGHT AFRICA LTD 389,696 0.3% 200 RARDON INVESTMENTS (PVT) LTD 234,662 0.2%
FOREIGN EXCHANGE AUCTION SYSTEM ALLOTMENTS BY PURPOSE FOR MARCH 2022 (USD) 74 MERCANTILE ONE (PVT) LTD 383,482 0.3% 201 INDUSTRIAL CHEMICAL IMPORTERS 234,638 0.2%
75 AFRICAN BANKING CORPORATION 380,000 0.3% 202 NAPPON INVESTMENTS 230,680 0.1%
Purpose Main SME Total Share (%) 76 PAROAN VISTA (PVT) LTD 376,958 0.2% 203 PREMIER AUTO SERVICES P/L 230,296 0.1%
Auc�on Auc�on 77 PHARMACEUTICALS & CHEMICAL DISTRIBUTORS 376,171 0.2% 204 UNTU CAPITAL 226,078 0.1%
78 V & S HEALTHCARE PVT LTD 375,654 0.2% 205 TAGONESWA INVESTMENTS (PVT) LTD 226,027 0.1%
Raw Materials 62,722,335 7,895,133 70,617,468 38% 79 FEGMA INVESTMENTS 370,466 0.2% 206 CARNAUD METALBOX ZIMBABWE 225,943 0.1%
80 CABS 362,252 0.2% 207 AUTOBAHN INVESTMENTS 225,814 0.1%
Machinery and Equipment 37,133,396 10,799,837 47,933,233 26% 81 NATIONAL FOODS PROPERTIES LTD 360,000 0.2% 208 MONTERO TRADING INTERNATIONAL (PVT) LIMITED 222,498 0.1%
Retail and Distribu�on (Incl. Food, 16,469,047 3,237,663 19,706,710 11% 82 A.I.DAVIS & COMPANY (PVT) LTD 359,337 0.2% 209 DULY HOLDINGS PVT LTD 221,894 0.1%
Beverages, etc) 11,279,584 5,065,990 16,345,575 9% 83 STEEL BRANDS (PVT) LTD 356,640 0.2% 210 SPLASH PLASTICS 221,613 0.1%
Consumables (Incl. Spares, Tyres, 11,486,322 3,051,765 14,538,087 8% 84 COOL CYCLONE INVESTMENTS 351,885 0.2% 211 PASI FLOORING P/L 220,531 0.1%
Electricals) 85 AFGRI ZIMBABWE 350,607 0.2% 212 VETERINARY DISTRIBUTORS 218,123 0.1%
Services (Educa�on,Loans, Dividends 86 WATERWRIGHT IRRIGATION PVT LTD 350,077 0.2% 213 PHIREBROOK INVESTMENTS 217,770 0.1%
and Disinvestments) 87 POMONA HARDWARE SUPPLIES 348,300 0.2% 214 ESSENTIAL LOGISTICS 217,500 0.1%
88 MOSSFIELD FARMS PRIVATE LIMITED 347,337 0.2% 215 FASTJET ZIMBABWE LTD 217,270 0.1%
89 GATEWAY CONSTRUCTION (PVT) LTD 347,261 0.2% 216 FERTS, SEED AND GRAIN PVT LTD 217,228 0.1%
90 BLACKBOX MINING (PRIVATE) LIMITED 341,423 0.2% 217 YALA BV 215,906 0.1%
91 PRIMTRIM ENTERPRISES PVT LTD 341,200 0.2% 218 PALE WHITE (PVT) LTD 215,375 0.1%
219 FROGMERGE CONSTRUCTION (PVT) LTD 215,000 0.1%
Pharmaceu�cals and Chemicals 7,915,949 1,310,388 9,226,337 5% DOVES FUNERAL ASSURANCE P/L T/A DOVES 337,794 0.2% 220 CAUDLISS TRADING 215,000 0.1%
92 LIFE ASSURANCE 336,950 0.2% 221 THE SALES ARENA (PVT) LTD 215,000 0.1%
Paper and Packaging 4,578,006 646,755 5,224,761 3% 93 HONDE HYDRO POWER CONSOLIDATED 335,185 0.2% 222 MAKESTRUCT (PVT) LTD 214,000 0.1%
94 SPORROW HAULIERS 331,948 0.2% 223 TRANSOCEANIC CORPORATION PVT LTD 213,977 0.1%
Fuel, Electricity and Gas 313,818 218,024 531,842 0.3% 95 KEFALOS CHEESE PL 331,628 0.2% 224 CP CHEMICALS (PVT) LTD 212,855 0.1%
Total Allotments - March 2022 151,898,457 32,225,555 184,124,012 100% 96 THE COPIER PARTS COMPANY 331,313 0.2% 225 NEHANDA STORES P/L 212,712 0.1%
97 ZIMBABWE GRAIN BAG (PRIVATE) LIMITED 330,045 0.2% 226 AGRIMIX PRIVATE LIMITED 212,283 0.1%
Total Allotments - Jan to Feb 2022 178,445,527 39,905,994 218,351,521 98 ASTRA PAINTS 329,652 0.2% 227 FLOOKTEX ENTERPRISES (PVT) LIMITED 212,000 0.1%
99 REYDELLET INVESTMENTS P/L T/A HUKURU CHICKS 326,261 0.2% 228 KINGFISHER AUTO MOTORS T/A GRAND AUTO (PVT) LTD 211,697 0.1%
Total Allotments - 2022 330,343,984 72,131,549 402,475,533 100 FLIK-NIK ENTERPRISES 325,000 0.2% 211,544
101 ZIMBABWE GRAIN DRYERS 322,500 0.2% WOYOH BROTHERS (PVT) LTD T/A INTERNATIONAL 211,020
Total Allotments - (2020 - 2021) 2,238,180,267 358,200,546 2,596,380,813 102 RADCHART INVESTMENTS P/L 321,892 0.2% 229 FREIGHT SERVICES
Grand Total (2020 - 2022) 2,568,524,251 430,332,095 2,998,856,346 103 ESSAR TUBES AND TOWERS 320,585 0.2% 230 FLOWSERVE INVESTMENTS 210,852 0.1%
104 PARAGON PRINTING & PACKAGING (PVT) LTD 320,310 0.2% 231 DEFINITIVE CREATIONS 210,000 0.1%
FOREIGN PAYMENTS FOR THE PERIOD 01 JAN - 31 MAR 2022 BY SOURCE OF FUNDING (USD) 105 CANELOX INVESTMENTS (PVT) LTD 319,298 0.2% 232 PETRAZ INVESTMENTS 210,000 0.1%
106 TOYOTA ZIMBABWE 318,491 0.2% 233 RIDGE VENTURE TRADING 208,411 0.1%
Month Foreign Currency Interbank Market Foreign Currency Total 107 D.C.COETZEE AND SONS P/L 314,223 0.2% 234 TUFF INDUSTRIALS 207,500 0.1%
Account (FCA) Payments Auc�on Allotments 108 HAANSBRO (PVT) LTD 312,258 0.2% 235 CHINESE PARTS SOLUTIONS (PVT) LTD 205,494 0.1%
Jan-22 678,662,573 759,432,530 109 RU SQUARED MEDICAL PRIVATE LIMITED 311,569 0.2% 236 ZVEMVURA TRADING 205,000 0.1%
Feb-22 11,127,909 69,642,048 498,618,428 110 REFRESHING SANITARY PADS P/L 311,518 0.2% 237 MOONBROCH HOLDINGS P/L 204,066 0.1%
Mar-22 343,013,195 567,551,906 111 EUROPE AFRICA SEED INITIATIVE (PVT) LTD 311,487 0.2% 238 TOCHIMHANYA COMMODITIES (PVT) LTD 204,000 0.1%
Total 6,895,760 148,709,473 1,825,602,864 112 OLD MUTUAL LIFE ASSURANCE COMPANY 310,125 0.2% 239 J MANN & COMPANY (PVT) LTD 203,900 0.1%
Propor�on 360,918,294 113 YELLOW METALS EQUIPMENT 309,476 0.2% 240 PRODAIRY (PVT) LTD 203,275 0.1%
22,509,600 184,124,012 100% 114 ERTHEAX INVESTMENTS PVT LTD 308,393 0.2% 241 NSHUTI INVESTMENTS (PVT) LTD 202,430 0.1%
1,382,594,063 115 REACHOUT TRANSPORT (PVT) LTD 307,500 0.2% 242 CHEMS AFRICA 202,000 0.1%
76% 40,533,269 402,475,533 116 GRATON INVESTMENTS 306,300 0.2% 243 BULLRED FARMING (PVT) LTD 201,730 0.1%
117 FEEDBURY TRADING 303,352 0.2% 244 DHL GLOBAL FORWARDING ZIMBABWE P/L 201,177 0.1%
2% 22% 118 FIXBREW INVESTMENTS PVT LTD T/A MWAKA ZIM AGRIC 301,764 0.2% 245 CAPEVALLEY CONSTRUCTION 201,144 0.1%
119 BLACK BOX OILS AND LUBRICANTS 301,176 0.2% 246 RESTAPEDIC MANUFACTURING PVT LTD 201,133 0.1%
FOREIGN EXCHANGE AUCTION SYSTEM ALLOTMENTS UNDER THE 120 MEGA MARKET MILLING PVT LTD 300,849 0.2% 247 CONGAREE TRADING 201,088 0.1%
MAIN AUCTION FOR MARCH 2022 121 G. NORTH & SONS PVT LTD 300,838 0.2% 248 ZIMBABWE ONLINE PVT LTD 200,725 0.1%
122 MANICA BOARDS AND DOORS (PVT) LTD 300,485 0.2% 249 PETRICHOR IRRIGATION (PVT) LTD 200,527 0.1%
NO. BIDDER AMOUNT SHARE (%) 123 PRIDHAM INVESTMENTS P/L 300,250 0.2% 250 BUFFALO STEEL (PVT) LTD 200,454 0.1%
1 BLUE RIBBON FOODS ALLOTTED (US$) 1.4% 124 IRVINES ZIMBABWE 300,000 0.2% 251 SCHWEPPES ZIMBABWE LIMITED 200,300 0.1%
2 WINDMILL PRIVATE LIMITED 1.0% 125 PUNGWE C POWER STATION PVT LTD 298,400 0.2% 252 UNICORN TRADING (PVT) LTD 200,187 0.1%
3 HUNYANI PAPER & PACKAGING (1997) (PVT) LTD 2,169,788 0.8% 126 BAKETECH ZIMBABWE P/L 298,094 0.2% 253 NEON SHADES PVT LTD 200,000 0.1%
4 CANGROW TRADING 1,495,515 0.8% 127 CLASSECON ROOFING AFRICA (PVT) LTD 297,610 0.2% 254 BANK OF NEW YORK 200,000 0.1%
5 DENDAIRY P/L 1,251,859 0.8% 128 PARROGATE ZIMBABWE 296,928 0.2% 255 CHINA NANCHANG ENGINEERING 200,000 0.1%
6 VARUN BEVERAGES ZIMBABWE 1,200,808 0.7% 129 OVACODA INVESTMENTS 293,955 0.2% 256 ECOCASH PRIVATE LIMITED 200,000 0.1%
7 NATIONAL FOODS LIMITED 1,152,156 0.7% 130 PHARMANOVA PVT LTD 291,111 0.2% 257 VOLTAGE CITY (PVT) LTD 200,000 0.1%
8 UNITED REFINERIES LIMITED 1,102,890 0.7% 131 LABEL IT PVT LTD 289,806 0.2% 258 INNOVATIVE TECHNOLOGIES (PVT) LTD 199,778 0.1%
9 CAPRI APPLIANCES PVT LTD 1,100,000 0.7% 132 TINEO ENTERPRISES 287,713 0.2% 259 BLACK BOX INVESTMENTS (PVT) LTD 199,635 0.1%
10 ISOQUANT INVESTMENTS TA ZIMOCO 1,071,514 0.7% 133 INNOVATIVE PLASTICS PVT LTD 287,443 0.2% 260 MUKUNDI INTERNATIONAL 199,611 0.1%
11 REINFORCED STEEL CONTRACTORS ZIMBABWE (PVT) LTD 1,052,043 0.6% 134 MIRAVANA ENTERPRISES P/L 286,022 0.2% 261 BLASTCARE TRADING 199,577 0.1%
12 THE ZIMBABWE BATA SHOE COMPANY (PVT) LTD 1,001,927 0.6% 135 LEGEND LOUNGE PVT LTD 283,210 0.2% 262 PLANAS INVESTMENTS PVT LTD 198,300 0.1%
13 PURE OIL INDUSTRIES (PVT) LTD 0.6% 136 MAFURO FARMING 282,959 0.2% 198,132 0.1%
14 TREGER PRODUCTS 977,190 0.6% 137 KINGFAV INCORPORATED (PVT) LIMITED 282,167 0.2% SCB MAURITIUS - THE IMARA AFRICA SERIES LTD
15 GRUFFULO INVESTMENTS PL 962,032 0.6% 138 ROLVEX INVESTMENTS PRIVATE LIMITED 281,891 0.2% 263 - ZIMBABWE 197,639 0.1%
16 MOUNT MERU MILLERS ZIMBABWE 940,276 0.5% 139 BITUMEN WORLD 281,866 0.2% 264 PEDSTOCK INVESTMENTS PL 197,244 0.1%
17 CAFCA LIMITED 901,350 0.5% 140 AXIS SOLUTIONS P/L 281,490 0.2% 265 ASSOCIATED FOODS ZIMBABWE 196,837 0.1%
18 PARAMOUNT EXPORTS (PVT) LTD 851,013 0.5% 141 TRAYLISH INVESTMENTS 281,198 0.2% 266 SELBY ENTERPRISES PVT LTD 195,960 0.1%
19 J B CAMPBELL (PVT) LTD 801,982 0.5% 142 CENTRE PIVOT IRRIGATION PRIVATE LIMITED 280,750 0.2% 267 ALPHA PACKAGING (PVT) LTD 195,314 0.1%
20 DAIRIBORD ZIMBABWE 801,657 0.5% 143 MULTI DYNAMICS INVESTMENTS (PVT) LTD 279,943 0.2% 268 CLOVER LEAF MOTORS PRIVATE LIMITED 195,286 0.1%
21 SATEWAVE TECHNOLOGIES PVT LTD 728,869 0.4% 144 BISCRAY ENTERPRISES PVT LTD 279,510 0.2% 269 VISUAL PLASTICS (PVT) LTD 194,495 0.1%
22 AGRIBANK 718,785 0.4% 145 WALTROP INVESTMENTS 278,000 0.2% 270 POCK ISLAMP PVT LTD 190,000 0.1%
23 WILLIAM BAIN & COMPANY 701,398 0.4% 146 ASCA HEALTH CARE P/L 274,218 0.2% 271 NET SUN INC (PVT) LTD 190,000 0.1%
24 ALLIANCE MEDIA 652,111 0.4% 147 TURNALL HOLDINGS 273,933 0.2% 272 COTRANS INVESTMENTS 190,000 0.1%
25 FERT-MAP 650,000 0.4% 148 LOADHIGH TRADING 272,740 0.2% 273 DIVYA INVESTMENTS 189,524 0.1%
26 TELONE PRIVATE LIMITED 644,749 0.4% 149 OPTIMUM AGRO (PVT) LTD 272,473 0.2% 274 RUNDALE INVESTMENTS T/A P & R HYDRAULICS 186,517 0.1%
27 ETG INPUTS ZIMBABWE 627,123 0.4% 150 NEW AVAKASH INTERNATIONAL (PVT) LTD 271,172 0.2% 275 RESIMUNDE INVESTMENTS 185,810 0.1%
28 MAKA RESOURCES 602,126 0.4% 151 DULUX PRIVATE LIMITED 271,170 0.2% 276 CYCLOTRAD INVESTMENTS 185,500 0.1%
29 CAIRNS FOODS LIMITED 600,728 0.4% 152 MAGCHEM (PVT) LTD 270,100 0.2% 277 DIEFTRACK MARKETING 184,788 0.1%
30 MEGAPAK ZIMBABWE P/L 552,794 0.4% 153 ENTERPRISE PARTNERS PVT LTD 268,419 0.2% 278 GLIDWELL TRADING 184,636 0.1%
31 QUTON SEED COMPANY PVT LTD 550,601 0.4% 154 ROONEYS HIRING SERVICES PVT LTD 267,085 0.2% 279 AMTEC PVT LTD 184,300 0.1%
32 BROWN ENGINEERING P/L 550,348 0.3% 155 PROPAK HESSIAN 265,399 0.2% 280 DECRIRE ENTERPRISES 183,461 0.1%
33 NACHELEON PVT LTD 536,260 0.3% 156 BRIAN LAWRENCE AND COMPANY (PVT) LTD 265,077 0.2% 281 OK ZIMBABWE LTD 183,460 0.1%
34 BEIT BRIDGE JUICING COMPANY 531,904 0.3% 157 MUNELLA ENTERPRISES (PVT) LTD 265,000 0.2% 282 BORNEO INVESTMENTS PRIVATE LIMITED 182,702 0.1%
35 CRASTER INTERNATIONAL PVT LTD 524,692 0.3% 158 DISTRIBUTION GROUP AFRICA 264,438 0.2% 283 INTERTOLL ZIMBABWE PVT LTD 181,735 0.1%
36 PROPLASTICS P/L 513,550 0.3% 159 HYVELD SEED COMPANY 263,446 0.2% 284 CHALKMART TRADING 181,530 0.1%
37 UNILEVER ZIMBABWE (PVT) LTD 512,985 0.3% 160 ZHONG AN ENTERPRISES 263,200 0.2% 285 GIANT WRAP (PVT) LTD 181,014 0.1%
38 FEEDMIX (PVT) LTD 501,858 0.3% 161 NEONLITE ENTERPRISES 261,457 0.2% 286 HWANGE COAL GASIFICATION COMPANY 180,891 0.1%
39 JP MORGAN 501,353 0.3% 162 INSHARK INVESTMENTS PL T/A VIRTUAL COMPUTERS 261,386 0.2%
40 CITI BANK 500,723 0.3% 163 WONDERFULL GROUP (PVT) LTD
500,452
500,000
500,000

NewsHawks Page 39

Issue 76, 15 April 2022

AMOUNT AMOUNT AMOUNT
ALLOTTED (US$) SHARE (%) ALLOTTED (US$)
NO. BIDDER NO. BIDDER SHARE (%) NO. BIDDER ALLOTTED (US$) SHARE (%)
287 ADLEBON INVESTMENTS 180,526 0.1% 122,484
288 RSC FARMING (PVT) LTD 180,168 0.1% 414 WESTMORELAND PROPERTIES 121,866 0.1% 540 ZIMBABWE SPRING STEEL (PVT) LTD 92,422 0.1%
289 HYPERY BRANDS (PVT) LTD 180,000 0.1% 415 POWERSAVE (PVT) LTD 121,272 0.1%
290 FIRMACTION (PVT) LTD T/A HARRISON AND HUGHSON 180,000 0.1% 416 MILLPAL (PVT) LTD T/A KEMICO AGENCY 120,980 0.1% 541 CERATREX ENTERPRISES 92,006 0.1%
291 ZIMBAGS INVESTMENTS PVT LTD 179,635 0.1% 417 SIY KING 120,954 0.1%
292 MUTARE MART & EXCHANGE 178,680 0.1% 418 DAYTONE INVESTMENTS 120,916 0.1% 542 TELECEL ZIMBABWE 91,864 0.1%
293 HANAWA SUPER FOODS P/L 178,218 0.1% 419 ONE HUNDRED ONE PLASTICS (PVT) LTD 120,510 0.1%
294 FRUGIPARUS ENTEPRISES P/L 177,933 0.1% 420 ACCESS BRANDS PVT LTD 120,438 0.1% 543 PAPYRUS PAPER AND STATIONERY (PVT) LTD 90,722 0.1%
295 DISCOUNT STEEL ZIMBABWE 175,507 0.1% 421 DREKOFIL INVESTMENTS 120,000 0.1%
296 FROLGATE TECHNOLOGY PVT LTD 175,390 0.1% 422 WEIXI MINING INVESTMENTS (PVT) LTD 120,000 0.1% 544 TCI INTERNATIONAL 90,184 0.1%
297 PALMLIFE PL 175,286 0.1% 423 COOPER ZIMBABWE (1992) 118,309 0.1%
298 MEDIRITE HEALTHCARE 175,045 0.1% 424 TIMBER AND BOARDS CENTRE 118,107 0.1% 545 KUDU CREEK FARM 89,997 0.1%
299 ZHUIFENG INVESTMENTS 175,000 0.1% 425 SPROUTLOGIC CHEMICALS 116,870 0.1%
300 FOOD DISCOUNT CENTRE 172,867 0.1% 426 JC RAYS PRIVATE LIMITED 116,221 0.1% 546 REDOAK CORPORATION (PVT) LTD 89,882 0.1%
301 NATIONS HARDWARE & ELECTRICAL (PVT) LTD 172,238 0.1% 427 AE ELECTRICAL LIGHTING & MANUFACTURING 114,817 0.1%
302 WATERMARK TECHNOLOGIES 170,976 0.1% 428 INVICTUS STEEL AFRICA 114,646 0.1% 547 PLANAS STATIONERY PVT LTD 89,684 0.1%
303 BREASTPLATE SERVICES P/L T/A NEMCHEM 170,340 0.1% 429 EIGHTH EMPIRE ESTATES PVT LTD 114,301 0.1%
304 OWALA CAPITAL PVT LTD 170,000 0.1% 430 PALMGATE TRADING 113,616 0.1% 548 POLARIS HORTICULTURE PVT LTD 89,031 0.1%
305 IL INTEGRATED AGRI PRIVATE LIMITED 170,000 0.1% 431 KOMANI INTEGRATED AGRI PVT LTD 112,601 0.1%
306 GLADMIL INVESTMENTS 170,000 0.1% 432 UNITED SPRINGS AND FORGING 112,500 0.1% 549 NAKA VENTURES 88,603 0.1%
307 DIFF LOCK CONSTRUCTION P/L 170,000 0.1% 433 TSAPO COMMERCIAL (PVT) LTD 111,883 0.1%
308 ELEGANT EDGE P/L 169,541 0.1% 434 INTRAQUIP AND CHEMICALS (PVT) LTD 111,466 0.1% POSTAL AND TELECOMMUNICATIONS
309 HASTT ZIMBABWE PVT LTD 168,237 0.1% 435 SINTLESS SERVICES P/L 111,383 0.1%
310 KEVKUL INVESTMENTS 167,939 0.1% 436 LINTA RESOURCES PVT LTD 111,230 0.1% 550 REGULARORY AUTHORITY 87,143 0.1%
311 PILQUIP MINING AND INDUSTRIAL 167,563 0.1% 437 DOSBAI INVESTMENTS 111,059 0.1%
312 AUTOMOTIVE DISTRIBUTOR INCORPORATED PVT LTD 167,507 0.1% 438 GRAINCO (PVT) LTD 111,033 0.1% 551 LIVETOUCH INVESTMENTS 86,645 0.1%
313 BETTER BULK DISTRIBUTION COMPANY 165,306 0.1% 439 RADIO SOLUTIONS P/L 110,964 0.1%
314 WESTBILL TRADING T/A STEEL WAREHOUSE 165,138 0.1% 440 C AND Z INVESTMENTS PRIVATE LIMITED 110,884 0.1% 552 BANQUE PICTET AND CIE SA 85,274 0.1%
315 CROCO HOLDINGS 165,000 0.1% 441 MUSORO DOMBO (PVT) LTD 110,855 0.1%
316 APPOINTMENT CORPORATE ZIMBABWE 164,620 0.1% 442 TACTPLAN HOLDINGS 110,805 0.1% 553 BLUESKY FARMS (PVT) LTD 84,255 0.1%
317 EXPERT CHOICE AGROCHEMICALS (PVT) LTD 162,861 0.1% 443 SOUTHSEA INVESTMENTS 110,665 0.1%
318 METALOR MARKETERS P/L 162,809 0.1% 444 PACKAGERS HUB PVT LTD 110,530 0.1% 554 PERRABELUM INVESTMENTS (PVT) LTD 81,448 0.1%
319 CAPITAL AGRICULTURE P/L 162,500 0.1% 445 AYESTOCK INVESTMENTS 110,082 0.1%
320 AGRISWISS ZIMBABWE PVT LTD 161,566 0.1% 446 PRIMEGREEN (PVT) LTD 110,066 0.1% 555 AGROSHAPE 81,000 0.1%
321 GRINDSBERG INVESTMENTS PVT LTD 161,342 0.1% 447 WATT GENERATOR PVT LTD 110,000 0.1%
322 CLEVER BROTHERS PVT LTD 161,325 0.1% 448 WESTVILLE INVESTMENTS 110,000 0.1% 556 VASCERT INVESTMENTS INVESTMENTS 80,775 0.1%
323 VORTIGEN INVESTMENTS 161,180 0.1% 449 BANKFIELDS GENERAL MERCHANTS 109,386 0.1%
324 WINDFIELD PROPERTIES 160,991 0.1% 450 NETRADE MARKETING 108,924 0.1% 557 HAGGIE RAND ZIMBABWE P/L 80,659 0.1%
325 MCT INVESTMENTS PVT LTD T/A MOTOR CITY TOYOTA 160,745 0.1% 451 ROAD TRACKERS CONSTRUCTION P/L 108,212 0.1%
326 LIGHTGROOVE INVESTMENTS P/L 160,731 0.1% 452 DYNWEN INVESTMENTS PRIVATE LIMITED 108,052 0.1% 558 ROSYWOOD MAHEMU ESTATES 80,157 0.1%
327 PAPER CIRCLE 160,467 0.1% 453 KAMARI INVESTMENTS P/L 106,202 0.1%
328 SOUNDTECH INVESTMENTS 160,425 0.1% 454 MATTER MINING (PVT) LTD 106,056 0.1% 559 SINOTRUK ZIMBABWE PVT LTD 80,000 0.1%
329 LOTUS STATIONERY MANUFACTURERS 160,372 0.1% 455 ROAD ANGELS PVT LTD 105,851 0.1%
330 MC MEATS PL 160,357 0.1% 456 POWERFUL GRAND INDUSTRIES 105,459 0.1% 560 VYBRON INVESTMENTS 80,000 0.1%
331 SUNNY YI FENG TILES ZIMBABWE PVT LTD 160,041 0.1% 457 PROCUREMART TRADING (PVT) LTD 105,000 0.1%
332 LIGHTHOUSE PRINT 158,438 0.1% 458 PACE LOGISTICS 104,672 0.1% 561 ATLANTA DRILLING INVESTMENTS 80,000 0.1%
333 WILLAI INVESTMENTS 158,350 0.1% 459 AROPAK BOARD AND TIMBER 104,000 0.1%
334 TOTAL PROPERTY SOLUTIONS 156,865 0.1% 460 ATOM RESOURCES P/L 103,997 0.1% 562 POWER SEVEN INVESTMENTS 79,331 0.1%
335 CLIPSOAK TRADING (PRIVATE) LIMITED 156,591 0.1% 461 ASTROVIEW INCORPORATED PVT LTD 103,935 0.1%
336 MOORHILL INVESTMENTS 156,330 0.1% 462 CLICKSRITE INVESTMENTS (PVT) LTD 103,815 0.1% 563 HALWICK INVESTMENTS PL T/A WHELSON TRANSPORT 79,016 0.1%
337 UK ELECTRICAL 156,303 0.1% 463 XINHANG INVESTMENTS P/L 103,061 0.1%
338 BRANDAGRO PVT LTD 156,280 0.1% 464 INDUSTRIAL PRODUCTS SOLUTIONS 102,953 0.1% 564 SEAROVER INVESTMENTS (PRIVATE) LIMITED 76,832 0.1%
339 CUT RAG PROCESSORS P/L 155,605 0.1% 465 PULSE MEDICAL CARE 102,837 0.1%
340 NOLUNTDG INVESTMENTS 155,000 0.1% 466 TRANSWALLS 102,737 0.1% 565 NHENGWANI INVESTMENTS 76,350 0.1%
341 EPTOMAT PVT LTD 154,400 0.1% 467 MOUNT MAGIKAL INVESTMENTS (PVT) LTD 102,737 0.1%
342 NUVERT TRADING 153,838 0.1% 468 ASTROLIX INVESTMENTS 102,700 0.1% 566 FRESHTICK PVT LTD 76,315 0.1%
343 LIGHTBAND INVESTMENTS 153,000 0.1% 469 BESTFY INVESTMENTS (PVT) LTD 102,500 0.1%
344 GLENTYRE RESOURCES 152,741 0.1% 470 COMRIDGE TRADING 101,920 0.1% 567 MEGA MARKET (PVT) LTD 75,996 0.1%
345 CARTPEX INVESTMENTS 151,681 0.1% 471 TIGERWEB P/L 101,900 0.1%
346 MASAL INVESTMENTS 151,619 0.1% 472 SEPTEMBER ONE P/L 101,853 0.1% 568 BIGARTIC INVESTMENTS PVT LTD 75,956 0.1%
347 GAPBAN INVESTMENTS PVT LTD 151,014 0.1% 473 CROSSTRACK INVESTMENTS PBC 101,807 0.1%
348 SPEEDPRINT INVESTMENTS 151,000 0.1% 474 DES AND GREG PVT LTD 101,646 0.1% 569 VENTURE BOREHOLE DRILLING & EXPLORATIONS P/L 75,918 0.05%
349 PROCURE CHAIN 150,956 0.1% 475 TERRAQUIP AGRICULTURAL SERVICES 101,598 0.1%
350 MASINIRE INCORPORATED (PVT) LTD 150,950 0.1% 476 COPIER KINGS PRIVATE LIMITED T/A NASHUA ZIMBABWE 101,591 0.1% 570 PURLEIGH INVESTMENTS PRIVATE LIMITED 75,769 0.05%
351 PAPERMART INTERNATIONAL 150,854 0.1% 477 ROSEWOOD FARMING 101,473 0.1%
352 ANWA AND RASHID T/A JANIS FABRICS 150,719 0.1% 478 SENDAGO LOGISTICS (PVT) LTD 101,460 0.1% 571 PEPPERTREE TRADING (PVT) LTD 75,669 0.05%
353 DEEDSGATE INVESTMENTS 150,386 0.1% 479 MIKELEDI RESOURCES CORPORATION 101,378 0.1%
354 KURIMA MACHINERY AND TECHNOLOGY PVT LTD 150,337 0.1% 480 NICMART BUSINESS SOLUTIONS 101,257 0.1% 572 SUSTAINABLE AFFORESTATION ASSOCIATION 75,660 0.05%
355 MYRTLE INVESTMENTS 150,334 0.1% 481 SPARKLE BEVERAGES 101,248 0.1%
356 SHELTER RESOURCES 150,170 0.1% 482 VITA NOVA PVT LTD 100,989 0.1% 573 PICKMORE INVESTMENTS 75,620 0.05%
357 BOLTGAS INTERATIONAL (PVT) LTD 150,074 0.1% 483 AGEING REPACEMENT P/L 100,964 0.1%
358 SOURCE FUEL 150,000 0.1% 484 FIRSTGRADE INC 100,941 0.1% 574 CHESTERTON INDUSTRIAL (PVT) LTD 75,443 0.05%
359 TOJA DISTRIBUTORS PVT LTD 150,000 0.1% 485 NDAKA HOLDINGS PVT LTD 100,921 0.1%
360 SNUG ORGANIKS 150,000 0.1% 486 SADIE MOTORS PVT LTD 100,908 0.1% 575 ISLE OF GUERNSEY INVESTMENTS 75,440 0.05%
361 MADYA AGRIC PVT LTD 150,000 0.1% 487 TURNING POINT INVESTMENTS 100,900 0.1%
362 G AND T SCALE SERVICES 150,000 0.1% 488 LAFARGE CEMENT ZIMBABWE LIMITED 100,874 0.1% 576 GARRON INDUSTRIES (PVT) LTD 75,395 0.05%
363 NAVEBERRY INVESTMENTS 150,000 0.1% 489 INTEGRATED DIGITAL SECURITY SOLUTIONS (PVT) LTD 100,859 0.1%
364 PAMETRA INVESTMENTS 150,000 0.1% 490 EAGLE AGENCIES PVT LTD 100,791 0.1% 577 INTABA TRADING (PVT) LTD 75,274 0.05%
365 GOVERNMENT PENSIONS OFFICE 150,000 0.1% 491 TYRES & LUBRICANTS ZIMBABWE (PVT) LTD 100,791 0.1%
366 EASTCHEM INVESTMENTS 150,000 0.1% 492 SPARE PARTS EXCHANGE 0.1% 578 WITENAGE INVESTMENTS 75,000 0.05%
367 CITEPAGE ENTERPRISES 150,000 0.1%
368 TERRAMAK INVESTMENTS 149,983 0.1% BULLION COMMODITIES INTERNATIONAL 579 ROYAL PLASTICS AND SUPPLIES 75,000 0.05%
369 PIVOTAL AGRO SERVICES 149,869 0.1% 493 (PRIVATE) LIMITED
370 ALPHA MADE IT PVT LTD 149,655 0.1% 494 PRIME GREEN (PVT) LTD 580 PLISKO INVESTMENTS PVT LTD 75,000 0.05%
371 WAVERLEY BLANKETS PRIVATE LIMITED 146,287 0.1% 495 TECHNICAL HYGIENE SOLUTIONS
372 TUVAIDDO INVESTMENTS (PVT) LTD 143,978 0.1% 496 BONWIN MEDICALS 581 ZIKRAG INVESTMENTS 75,000 0.05%
373 THE STEEL BUILDING COMPANY 143,400 0.1% 497 BARMLO CONSTRUCTION (PVT) LTD
374 CURE CHEM OVERSEAS PVT LTD 143,041 0.1% 498 YELLOWCOB ENTERPRISES 582 WATERBREEZE INVESTMENTS 75,000 0.05%
375 UNICARE (1989) PVT LTD 142,091 0.1% 499 MASINIRE FARM AND FRESH
376 DEVICES & DISPOSABLES (PVT) LTD T/A DMD HEALTHCARE 141,530 0.1% 500 COMMOPAK COMMODITIES 583 LORDREACH INC 75,000 0.05%
377 TRAVERSE MINERAL RESOURCES 141,433 0.1% 501 METPOLE INVESTMENTS (PVT) LTD
378 CAPITAL LASER ENGINEERING PVT LTD 140,500 0.1% 502 DOMINION MARKETING PVT LTD 584 CLEAR OPTIONS ENTERPRISES 75,000 0.05%
379 ROTATE TECHNOLOGIES (PVT) LTD 139,833 0.1% 503 ENGINEERED AUTOMATION INTELLIGENCE
380 MULLER BROTHERS (PVT) LTD 139,559 0.1% 504 ASSOCIATED TYRES (PVT) LTD 585 DERIVATIVE RESOURCES PRIVATE LIMITED 75,000 0.05%
381 STEELMATE INVESTMENTS (PVT) LTD 138,193 0.1% 505 SUBBMIX ENTERPRISES
382 EFE SECURITIES (PVT)LTD 136,870 0.1% 506 LIGHTING WORLD (PVT) LTD 586 LEADGATE ENTERPRISES T/A CORPORATE COPIERS 74,917 0.05%
383 PENANEL TRADING 136,346 0.1% 507 QUEENS FOOD DISTRIBUTION (PVT) LTD
384 EDURATE INVESTMENTS 135,987 0.1% 508 RIVERSIDE POWER STATION PVT LTD 587 TELECONTRACT 74,528 0.05%
385 ZITIT AGRO VENTURES 134,242 0.1% 509 SURFACE WILMAR (PVT) LTD
386 MACHINERY EXCHANGE 133,946 0.1% 510 SHOMAC ENTERPRISE 588 AZBO INVESTMENTS 71,405 0.05%
387 MATTERMOST CEMENT 133,800 0.1% 511 R. D. ARCHITECTURAL ALUMINIUM (PVT) LTD
388 WAVERLEY PLASTICS 133,524 0.1% 512 SSCG 589 SIX HUNDRED ZIMBABWE 70,987 0.05%
389 CHARTER SEEDS 132,083 0.1% 513 SITA LOGISTCS (PVT) LTD
390 EVERSHARP 130,985 0.1% 514 HASHTAG WORLD PVT LTD 590 END TO END ENGINEERING 70,978 0.05%
391 ZLG PVT LTD 130,626 0.1% 515 NORTRENT TRADING
392 POLBERRY INVESTMENTS (PVT) LTD 130,555 0.1% 516 FONYCITY INVESTMENTS 591 RUROCHROME INVESTMENTS 70,892 0.05%
393 POLARIS AGRICULTURE PVT LTD 130,548 0.1% 517 MAXICAST ENTERPRISES (PVT) LTD
394 DISTRIBUTED POWER AFRICA 130,426 0.1% 518 MAK BOKANO CONTRACTING 592 VANLEDGE INVESTMENTS 70,400 0.05%
395 PAT DUNN AND MARK FUTTER (PVT) LTD 130,254 0.1% 519 ERFURT INVESTMENTS
396 GRANVISTA INVESTMENTS 129,891 0.1% 520 AFRICA STEEL (PVT) LTD 593 MBANDIX CUBE (PRIVATE) LIMITED 70,346 0.05%
397 RADAR INVESTMENTS T/A MACDONALD BRICKS 129,853 0.1% 521 ALMNET HOLDINGS PVT LTD
398 ABERCROFT ENTERPRISES (PVT) LIMITED 127,882 0.1% 522 CIRCUIT CONNECTIONS 594 SLS MARKETING AND BRANDING 70,000 0.05%
399 AUTOMOBILE DEVELOPMENT COMPANY 127,118 0.1% 523 EFT CORPORATION ZIMBABWE
400 ZORWAY INTERNATIONAL 126,580 0.1% 524 CHECKERED TECHNOLOGIES 595 ROCKDRILL TRADING PVT LTD 70,000 0.05%
401 LANWOOD TRADING (PVT) LTD 125,956 0.1% 525 MONALYNN ELECTRONICS
402 EASYCOUNT INVESTMENTS 125,925 0.1% 526 DEZICE SOLUTIONS (PVT) LTD 596 INTRACHEM (PVT) LTD 70,000 0.05%
403 AEROMAT TRADING 125,469 0.1% 527 FLYTSERV ENTERPRISES
404 MORE SURFACE INVESTMENTS 125,000 0.1% 528 MILESBAY INVESTMENTS 597 SHOPIT ZIMBABWE 69,238 0.05%
405 INNSCOR DISTRIBUTION 125,000 0.1% 529 RENEWABLE ENERGY HUB
406 ONE STOP SOLAR PVT LTD 125,000 0.1% 530 PEAK TRADING 598 EQUITY DISTRIBUTION SERVICES (PVT) LTD 69,088 0.05%
407 MITNOSHIE ENTERPRISES (PRIVATE) LIMITED 125,000 0.1% 531 QUANZA ENTERPRISES
408 NETHERVEST TRADING 125,000 0.1% 532 GREEN MOTOR SERVICES T/A MUTARE DRY PORT 599 NETRADE COMMODITIES 67,600 0.04%
409 BRIGHTWATER ZIMBABWE 125,000 0.1% 533 ALPHERBRANDS
410 BUILD YOUR DREAMS ( PVT) LTD 125,000 0.1% 534 SKYFAIR INVESTMENTS PVT LTD 600 CHARLES STEWART DAY OLD CHICKS P/L 67,017 0.04%
411 BITUCHEM 125,000 0.1% 535 MOSHULU GRAIN
412 BLUE OCEAN PHARMACEUTICALS 124,900 0.1% 536 SCANLINK PRIVATE LIMITED 601 QUALITY INSURANCE COMPANY (PVT) LTD 65,742 0.04%
413 TSL LIMITED 123,889 0.1% 537 PEPPERTREE TRADING (PVT) LTD
538 J W WILSON INTERNATIONAL PVT LTD 602 STEWARD BANK LIMITED 65,294 0.04%
539 KITHRA ENTERPRISES P/L
603 PURITY TRADING CO P/L 64,982 0.04%

604 BOPHELONG PROPERTIES PVT LTD 64,936 0.04%

605 POWERTROVE PVT LTD 64,318 0.04%

606 RODCENT TRADING 63,000 0.04%

607 FORTHPORT ENTERPRISES (PVT) LTD 62,957 0.04%

608 AAROLIN TRADING PVT LTD 62,893 0.04%

609 MIKE BILLION PVT LTD 60,991 0.04%

610 AMAZING DESTINATION PVT LTD 60,985 0.04%

611 ROCKODOX MINERALS 60,945 0.04%

612 LYFY CHEMICAL SOLUTIONS 60,938 0.04%

613 GIANT GAINS 60,915 0.04%

614 EUROSTYLE TRADING P/L 60,900 0.04%

615 BARAKAH LOGISTICS 60,897 0.04%

616 TERRACE AFRICA 60,888 0.04%

617 ICECASH PRIVATE LIMITED 60,811 0.04%

618 SAXIN ENTERPRISES PVT LTD 60,775 0.04%

100,762 0.1% 619 STODART BROTHERS (PVT) LTD 60,769 0.04%
100,732 0.1%
100,709 0.1% 620 ALLYTRANS 60,741 0.04%
100,631 0.1%
100,623 0.1% 621 KDV BEDDING P/L 60,715 0.04%
100,530 0.1%
100,500 0.1% 622 SAIWIT HOLDINGS (PVT) LTD 60,556 0.04%
100,500 0.1%
100,489 0.1% 623 BIG TILL INVESTMENTS 60,512 0.04%
100,488 0.1%
100,487 0.1% 624 ACTIVE HIRE AND SALES PVT LTD 60,487 0.04%
100,365 0.1%
100,130 0.1% 625 SCULLY TECHNICAL 60,441 0.04%
100,116 0.1%
100,000 0.1% 626 SEEDEX ENTERPRISES (PVT) LTD 60,438 0.04%
100,000 0.1%
100,000 0.1% 627 LEENGATE PVT LTD 60,323 0.04%
100,000 0.1%
100,000 0.1% 628 W AND M ENTERPRISES P/L 60,234 0.04%
100,000 0.1%
100,000 0.1% 629 LABEL FLEX (PRIVATE) LIMITED 60,221 0.04%
100,000 0.1%
100,000 0.1% 630 ICRAFT 60,009 0.04%
100,000 0.1%
100,000 0.1% 631 SINET AFRICA (PVT0 LTD 60,000 0.04%
100,000 0.1%
100,000 0.1% 632 TUMEKAA SERVICES 60,000 0.04%
100,000 0.1%
100,000 0.1% 633 STABLE TECHNOLOGIES T/A PANASONIC BUSINESS SYSTEMS 60,000 0.04%
100,000 0.1%
100,000 0.1% 634 TOOLPOST ENTERPRISES PVT LTD 60,000 0.04%
100,000 0.1%
99,995 0.1% 635 GARITON INVESTMENTS 60,000 0.04%
99,993 0.1%
99,975 0.1% 636 KUNATSA ESTATES 60,000 0.04%
99,946 0.1%
99,939 0.1% 637 FINEART TECHNOLOGIES 60,000 0.04%
99,600 0.1%
99,491 0.1% 638 EKNOR INVESTMENTS 59,976 0.04%
99,487 0.1%
99,248 0.1% 639 GOAL LOGISTICS 59,962 0.04%
99,033 0.1%
98,644 0.1% 640 GEMINI CONTINENTAL PRIVATE LIMITED 59,500 0.04%
96,155 0.1%
95,250 0.1% 641 TERRIFIC TECH 59,324 0.04%
92,500 0.1%
92,475 0.1% 642 KDB HEALTHCARE (PVT) LTD 59,028 0.04%

643 LJ & H VENTER 58,995 0.04%

644 KUTANGA INVESTMENTS PVT LTD 58,728 0.04%

645 COSMOTECH (PVT) LTD 58,553 0.04%

646 ZIMBABWE TRADE EXCHANGE (PVT) LTD 58,420 0.04%

647 ZIMTILE PVT LTD 58,389 0.04%

648 KARELO PVT LTD 58,340 0.04%

649 TIGER AGRO CHEM PVT LTD 58,185 0.04%

650 NATIONAL DISTRIBUTORS 57,608 0.04%

651 KINTEX INVESTMENTS 57,500 0.04%

652 TOTAL LOADING SOLUTIONS 57,438 0.04%

653 JIANGXI RISHENG ZIMBABWE MINING PL 56,706 0.04%

654 VLAMSTRO TECHNOLOGIES 56,646 0.04%

655 CONNICK INVESTMENTS PVT LTD 56,276 0.04%

656 CENTRAL AFRICA DEVELOPMENT P/L 56,004 0.04%

657 REGIONAL DATA SOLUTIONS PRIVATE LIMITED 55,972 0.04%

658 MASHWEDE DIESEL SERVICES 55,893 0.04%

659 SIMRAC ENTERPRISES PVT LTD 55,844 0.04%

660 FARMERSHOE LOGISTICS PVT LTD 55,422 0.04%

661 MATRIX FERTILISERS 54,991 0.04%

662 VOGEL STEEL PVT LTD 54,988 0.04%

663 ESCORTED TRAVEL COMPANY 54,973 0.04%

664 KOEVERMANS INVESTMENTS 54,500 0.04%

665 REFRIGERATION & AIRCONDITIONING SERVICES (PVT) LTD 54,495 0.04%

Page 40 NewsHawks

Issue 76, 15 April 2022

NO. BIDDER AMOUNT NO. BIDDER AMOUNT SHARE (%) NO. BIDDER AMOUNT
666 ROADBELT INVESTMENTS ALLOTTED (US$) SHARE (%) 792 CHICAGO COSMETICS ALLOTTED (US$) 0.03% 20 DELOF COMPUTER TECHNOLOGY ALLOTTED (US$) SHARE (%)
667 WARAPP ENGINEERING 793 BRIECO TRADING P/L 0.03% 21 POMONA STEEL AND FENCING
668 STANCHEM PRIVATE LIMITED 54,415 0.04% 794 ALUN HART ENTERPRISES 50,000 0.03% 22 RINGROAD INVESTMENTS (PVT) LTD 42,894 0.1%
669 AZAM MEDIA ZIMBABWE PVT LTD 54,339 0.04% 795 BESSLOCHA ENTERPRISES 50,000 0.03% 23 YEARSIGNS INVESTMENTS (PVT) LTD 42,892 0.1%
670 BRITANNICUS INVESTMENTS PVT LTD 53,750 0.04% 796 COLOSIGN INVESTMENTS 50,000 0.03% 24 MCCARTNEY INVESTMENTS 42,548 0.1%
671 GLOBAL HORIZONS 53,549 0.04% 797 CHEM GROW 50,000 0.03% 25 DOLLY BRANDS 42,500 0.1%
672 FLOWCAPE INVESTMENTS 53,519 0.04% 798 DAMPAB INVESTMENTS 50,000 0.03% 26 BAKELS ZIMBABWE 42,441 0.1%
673 CENTURY STAINLESS STEEL 53,130 0.03% 799 CORYPHAEUS PVT LTD 50,000 0.03% 27 MAXXI HOLDINGS (PVT) LTD 42,344 0.1%
674 CUBE QUNTAM PHARMACEUTICALS 53,100 0.03% 800 AULION TRADING 50,000 0.03% 28 OKRA ENTERPRISES (PVT) LTD 42,325 0.1%
675 ALTURAS ENTERPRISES 53,030 0.03% 801 FCJ DISTRIBUTORS PRIVATE LIMITED 50,000 0.03% 29 NYANGANI INDUSTRIES PVT LTD 42,310 0.1%
676 AGRO ACRES INVESTMENTS 53,000 0.03% 802 AGRIVI FARM PRODUCE PVT LTD 50,000 0.03% 30 RESOURCEBANK (PVT) LTD 42,186 0.1%
677 PHOENIX (PVT) LTD 52,702 0.03% 803 FIABLE MEDICAL SOLUTIONS (PVT) LTD 50,000 0.03% 31 DURU POWER STATION PVT LTD 42,179 0.1%
678 MAGICTRI INVESTMENTS 52,583 0.03% 804 BULLION HEALTHCARE (PVT) LIMITED 50,000 0.03% 32 CELLSPOT (PVT) LTD 42,173 0.1%
679 OGONVILLE INVESTMENTS 52,259 0.03% 805 ADIMAS INVESTMENTS PVT LTD 50,000 0.03% 33 VIVAPOWER PRIVATE LIMITED 42,173 0.1%
680 LABCAL 52,200 0.03% 806 EUROSTAR ELECTRIC CO PVT LTD 50,000 0.03% 34 TRIMEX DISTRIBUTORS 42,107 0.1%
681 ARTIN INCORPORATION 52,185 0.03% 807 CULVERCITY INCORPORATED PL 50,000 0.03% 35 FLUERIE (PVT) LTD 42,049 0.1%
682 MIKE APPEL HOLDINGS 52,000 0.03% 808 DAVIS & SHIRTLIFF ZIMBABWE 50,000 0.03% 36 PLAYTIME MANUFACTURERS (PVT) LTD 41,643 0.1%
683 BRAFORD INVESTMENTS (PVT) LTD 52,000 0.03% 809 E.F.E COMMODITIES (PVT) LTD 50,000 0.03% 37 BITREX PBC 41,596 0.1%
684 FIRST PACK MARKETING 51,868 0.03% 810 INCREDIBLE TRACTORS (PVT) LTD 50,000 0.03% 38 GREAT FORTUNES 41,450 0.1%
685 MAKATA BANANAS P/L 51,747 0.03% 49,998 39 BRITA CHEMICAL COMPANY 41,449 0.1%
686 FURISPOT PVT LTD 51,739 0.03% RIGHTMARK INVESTMENTS (PV) LTD 49,992 40 MRC AUTO PARTS 41,375 0.1%
687 CHEMCHEM AFRICA PRIVATE LIMITED 51,535 0.03% 811 T/A BARONS MOTOR SPARES 41 COMPUSIGN AND GRAPHICS 41,250 0.1%
688 GLERBY VENTURES PRIVATE LIMATED 51,500 0.03% 812 B H E TECHNICAL SERVICES (PVT) LTD 49,989 0.03% 42 BIO WILD PRIVATE LIMITED 41,206 0.1%
689 POWADRIVE PVT LTD 51,190 0.03% 813 FRENKEL TEXTILES (PVT) LTD 49,986 0.03% 43 ACEFIELD INVESTMENTS 41,144 0.1%
690 HWINDI PVT LTD 51,113 0.03% 814 TAMALISE INVESTMENTS (PRIVATE) LIMITED 49,984 0.03% 44 PISTA ENTERPRISES PVT LTD 41,001 0.1%
691 AIRBOAT AFRICA PVT LTD 51,091 0.03% 815 TLOZ INVESTMENTS 49,980 0.03% 45 AQUABRIDGE (PVT) LTD 40,948 0.1%
692 ROUTEWILL MARKETING (PRIVATE) LIMITED 50,996 0.03% 816 FIDDICH COMMODITY BROKERS PVT LTD 49,979 0.03% 46 SOFTEX TISSUE PRODUCTS 40,923 0.1%
693 NEYWEL TRADING 50,992 0.03% 817 STEELMAKERS ZIMBABWE (PVT) LTD 49,965 0.03% 47 GOFARM PRIVATE LIMITED 40,814 0.1%
694 BIG BROTHER FEEDS 50,991 0.03% 818 CROSVALE ENTERPRISES 49,961 0.03% 48 ARKREW CONSTRUCTION PVT LTD 40,738 0.1%
695 QUODEC ZIMBABWE 50,990 0.03% 819 TOPARCH SOLUTIONS 49,948 0.03% 49 GLOBECITY INVESTMENTS (PVT) LTD 40,621 0.1%
696 MITEK ZIMBABWE (PVT) LTD 50,989 0.03% 820 DESLEG PBC 49,948 0.03% 50 CHEKENYU CONTRUCTION (PVT) LTD 40,533 0.1%
697 PATCH SOLUTIONS 50,983 0.03% 821 GREENPOWER HOLDINGS 49,942 0.03% 51 LEODOM ENTERPRISES 40,411 0.1%
698 NAKLON TRADING PVT LTD 50,982 0.03% 822 LANGFORD INVESTMENTS 49,930 0.03% 52 STREFORD INVESTMENTS 40,304 0.1%
699 TREDCOR ZIMBABWE (PVT) LTD 50,980 0.03% 823 CASHVILLE INVESTMENTS 49,925 0.03% 53 MASTER DIGITAL P/L 40,200 0.1%
700 THE BEST CAR RENTAL (PRIVATE) LIMITED 50,978 0.03% 824 VANEENE INVESTMENTS 49,923 0.03% 54 KEVIN WILD CONSTRUCTION 40,000 0.1%
701 CLOUD AFRICA AND BUSINESS INVESTMENTS 50,967 0.03% 825 WETO TRANSPORT PVT LTD 49,893 0.03% 55 FALNA TRADING PVT LTD 40,000 0.1%
702 NATIONAL PROPSHAFT CENTRE (PVT) LTD 50,961 0.03% 826 MEDSURE DIAGNOSTICS PVT LTD 49,892 0.03% 56 FRABELLA 40,000 0.1%
703 FESTUS MANU INVESTMENTS PVT LTD 50,949 0.03% 827 LEOPACK MARKETING 49,864 0.03% 57 BOOMBURY PVT LTD 40,000 0.1%
704 THORNVILLE MARKETING (PRIVATE) LTD 50,939 0.03% 828 BOLTREC ENGINEERING 49,856 0.03% 58 BEANEC ENTERPRISES 40,000 0.1%
705 AMALGAMATED ENGINEERS 50,938 0.03% 829 MAYOR LOGISTICS 49,846 0.03% 59 REALTIME DISTRIBUTORS PVT LTD 40,000 0.1%
706 SEVIGNY ENTERPRISES T/A MARJEN 50,911 0.03% 830 CASSETTE TECHNOLOGIES P/L 49,825 0.03% 60 MICRO MAN PVT LTD 40,000 0.1%
707 INTROCANE ENTERPRISES (PVT) LTD 50,902 0.03% 831 LEMONSEED INVESTMENTS 49,821 0.03% 61 PRONISH ENGINEERING 39,616 0.1%
708 DYNAMASTER PVT LTD 50,901 0.03% 832 SINOMACH MOTORS PRIVATE LIMITED 49,803 0.03% 62 NOMELA LOGISTICS PRIVATE LIMITED 39,492 0.1%
709 GOODSHOW MANUFACTURING 50,858 0.03% 833 DYNAMIC LOGISTICS 49,753 0.03% 63 SANIE HANDS 39,342 0.1%
710 SPECTRUM ENGINEERING (PRIVATE) LIMITED 50,854 0.03% 834 GUSH INVESTMENTS (PVT) LTD 49,728 0.03% 64 PALSIT INVESTMENTS (PVT) LTD 38,961 0.1%
711 SUBSAHN ENTERPRISES 50,853 0.03% 835 CAPS PRIVATE LIMITED 49,696 0.03% 65 DIGNITY SOLUTIONS 38,722 0.1%
712 MULTIPEST SERVICES PL 50,843 0.03% 836 PINELAND TECHNOLOGY 49,666 0.03% 66 BLACKALPHA RESOURCES PVT LTD 38,707 0.1%
713 SPONGE IRON MINING BENEFICIATION INDUSTRY PVT LTD 50,813 0.03% 837 AGRIFORCE (PVT) LTD 49,642 0.03% 67 HASRAKI ZIMBABWE P/L 38,628 0.1%
714 OMAGORA ENTERPRISES 50,804 0.03% 838 SQUARE TWENTY-TWO MAINTANANCE 49,631 0.03% 68 BLERUMAR RESOURCES PVT LTD 38,500 0.1%
715 BARMORE INVESTMENTS (PVT) LTD 50,796 0.03% 839 WIRUMA (1994) 49,518 0.03% 69 RANA BROTHERS 38,499 0.1%
716 THE TN BAKER (PVT) LTD 50,796 0.03% 840 BELMPEK INVESTMENTS 49,446 0.03% 70 INXSOL CHEMICALS PVT LTD 38,383 0.1%
717 DURACAST PVT LTD 50,774 0.03% 841 RANWA MARKETING 49,339 0.03% 71 CATCH THE WAVE (PVT) LTD 38,299 0.1%
718 PROCLASSIC TRADING 50,760 0.03% 842 MICROCELL ENTERPRISES PVT LTD 49,315 0.03% 38,039 0.1%
719 AUTOCONTROL SYSTEMS PVT LTD 50,750 0.03% 843 MOLDON MARKETING PVT LTD 48,668 0.03% FORTSIGN INVESTMENTS T/A 37,898 0.1%
720 TAITA TYRES PVT LTD 50,750 0.03% 844 PAM PHARMACEUTICALS 48,076 0.03% 72 FENCE AND FRAME
721 APPLERIDGE INVESTMENTS PRIVATE LIMTED 50,732 0.03% 845 TENGWA TRANSPORT (PVT) LTD 47,141 0.03% 73 FEED ESSENTIALS 37,826 0.1%
722 ZIMCARBON CORPORATION PVT LTD 50,730 0.03% 846 REDMARK SERVICES 44,792 0.03% 74 DANDY ZIMBABWE (PVT) LTD 37,550 0.1%
723 BULK COMMODITES PVT LTD 50,713 0.03% 847 EBRAHIM STORES (PVT) LTD 40,851 0.03% 75 REDGENALD KACHAYI 37,519 0.1%
724 GEMATCH PETROLEUM (PVT) LTD 50,706 0.03% 848 IPACK ZIMBABWE PVT LTD 40,000 0.03% 76 ALPHAZAY 37,500 0.1%
725 ENERGY CONSUMABLES DISTRIBUTORS PRIVATE LIMITED 50,680 0.03% 849 SADOR TRADING P/L 35,471 0.02% 77 MOORES FARMING 37,500 0.1%
726 RIBITIGER TRADING (PVT) LTD 50,673 0.03% 850 THE BUFFALO BREWING COMPANY PRIVATE LIMITED 35,400 0.02% 78 TOMIC RESOURCES (PVT) LTD 37,475 0.1%
727 DIRECT CAPITAL INVESTMENTS 50,636 0.03% 851 EVA TASH 32,500 0.02% 79 DERIVATIVE RESOURCES PRIVATE LIMITED 37,460 0.1%
728 COMPULINK SYSTEMS (PVT) LTD 50,601 0.03% 852 STM HOLDINGS (PVT) LTD 30,392 0.02% 80 DUO VALLEY COMMODITY BROKERS 37,446 0.1%
729 THE COLD CHAIN PVT LTD 50,600 0.03% 853 REMEKEDZO INVESTMENTS PVT LTD 30,217 0.02% 81 THE ROYALHOUSE TECHNOLOGIES 37,350 0.1%
730 HILLCHEST INVESTMENTS 50,586 0.03% 854 TECHSOL SYSTEMS PVT LTD 29,935 0.02% 82 FLEXBRIDGE INVESTMENTS PVT LTD 37,300 0.1%
731 DAV NIX TRUCKS AND SPARES 50,580 0.03% 855 MAINLINE BUTCHERY 28,656 0.02% 83 MUNTHON INVESTMENTS (PVT) LTD 37,250 0.1%
732 VALVETECH INDUSTRIAL SUPPLIES P/L 50,567 0.03% 856 EGGROW POULTRY SUPPLIES PRIVATE LIMITED 28,000 0.02% 84 ALTURAS ENTERPRISES 37,222 0.1%
733 NATURAL STONE EXPORT COMPANY (PVT) LTD 50,550 0.03% 857 TAP & GET TRADING PVT LTD 26,864 0.02% 85 AFRO-ASIA ZIMBABWE 37,196 0.1%
734 INDUSTRIAL SANDS 50,550 0.03% 858 LAKE HARVEST DISTRIBUTION PL 26,200 0.02% 86 X SEA IMPORTS 37,120 0.1%
735 DROPVIEW INVESTMENTS PVT LTD 50,525 0.03% 25,496 0.02% 87 NOVAFEED PVT LTD 36,495 0.1%
736 STATEVICE ENTERPRISES PRIVATE LIMITED 50,516 0.03% KABHEKI AND SAWAYA PRIVATE LIMITED 88 CRUNDALL BROTHERS (PVT) LTD 36,446 0.1%
737 BENWIK DISTRIBUTORS 50,499 0.03% 859 T/A EVERSOFT TISSUES 25,492 0.02% 89 RAWPLAST INVESTMENTS (PVT) LTD 36,421 0.1%
738 SEKAKO TRADING 50,465 0.03% 860 RAWPLAST INVESTMENTS (PVT) LTD 25,391 0.02% 90 MECER IT DISTRIBUTION P/L 36,369 0.1%
739 WARDSTORE ENTERPRISES 50,461 0.03% 861 WRAPRITE PVT LTD 25,338 0.02% 91 ARGOSY FARM 36,289 0.1%
740 COMPROP (PVT) LTD 50,461 0.03% 862 HINGESTON HALLAMORE AND KOCH SAFARIS 25,200 0.02% 92 FREIGHTNAYA 36,261 0.1%
741 SHORTPAGE TRADING 50,458 0.03% 863 WORMHILL INVESTMENTS T/A EEZI POOL 25,171 0.02% 93 ACECORP PRIVATE LIMITED 36,250 0.1%
742 FORTUNEDRIVE ENTERPRISES 50,422 0.03% 864 BEHOVE INVESTMENTS 25,050 0.02% 94 CELFET INVESTMENTS 36,214 0.1%
743 CLASSWAVE INVESTMENTS PVT LTD 50,409 0.03% 865 SPELLBOUND P/L 25,013 0.02% 95 GLOBAL PAPERS ( 2014) 36,200 0.1%
744 UTANDE INTERNET INVESTMENTS 50,400 0.03% 866 STARSTRUCK 25,000 0.02% 96 BRIECO TRADING P/L 36,008 0.1%
745 ASSOCIATED MEAT PACKERS 50,400 0.03% 867 SANTIA INVESTMENTS PVT LTD 25,000 0.02% 97 CUBE QUNTAM PHARMACEUTICALS 35,925 0.1%
746 METBANK LIMITED 50,391 0.03% 868 OCTASAM INVESTMENTS 25,000 0.02% 98 BERTCRIS INVESTMENTS 35,875 0.1%
747 SOLUTION CENTRE (PVT) LTD 50,363 0.03% 869 MAXIGATE BUSINESS 25,000 0.02% 99 VIVON INVESTMENTS PRIVATE LIMITED 35,638 0.1%
748 GREENWAVE TRADING 50,320 0.03% 870 KAMU INNOVATION MART 25,000 0.02% 100 UPRIGHT TECHNOLOGY SYSTEMS P/L 35,598 0.1%
749 THE MALILANGWE TRUST 50,312 0.03% 871 NATIONAL FOODS LOGISTICS (PVT) LTD 25,000 0.02% 101 FUSER TECHNOLOGIES 35,556 0.1%
50,304 0.03% 872 MBUDUMA INVESTMENTS 25,000 0.02% 102 NOTRENIKE INVESTMENTS 35,547 0.1%
BROWN BROTHERS HARRIMAN & CO.BOSTON CUSTODIAN 50,299 0.03% 873 CBZ AGRO-YIELD (PVT) LTD 25,000 0.02% 103 PROFOAM (PVT) LTD 35,500 0.1%
750 FOR BBHTSIA 874 DIVINE VISITATION P/L 25,000 0.02% 104 KASHEP ENTERPRISES 35,490 0.1%
751 ALUMEN SHOPFITTERS 50,231 0.03% 875 AFRICA AT LARGE P/L 25,000 0.02% 105 K W ENTERPRISES PVT LTD 35,100 0.1%
752 EXTREME HUSTLE 50,164 0.03% 876 BAYROCK RESOURCES 25,000 0.02% 106 KAINED INVESTMENTS (PVT) LTD 35,091 0.1%
753 PARKER PAINTS PVT LTD 50,162 0.03% 877 BALM ENGINEERING 25,000 0.02% 107 TASKBRANDS 35,013 0.1%
754 DIANOMIS DISTRIBUTION SERVICES PVT LTD 50,106 0.03% 878 KOSHA DISTRIBUTION 24,999 0.02% 108 SEARCH TYRE CENTRE 35,000 0.1%
755 ACOL CHEMICAL HOLDINGS (PVT) LTD 50,068 0.03% 879 AGHSHALOM INVESTMENTS 24,969 0.02% 109 LANCEFRED INVESTMENTS 35,000 0.1%
756 WHIRLWYN TRUCKING AND PLANT HIRE 50,046 0.03% 880 POLAR PLASTICS 24,882 0.02% 110 HOXBRIDGE INVESTMENTS 35,000 0.1%
757 TAWFORD ENTERPRISES 50,000 0.03% 881 CHINYA INVESTMENTS (PVT) LTD 24,830 0.02% 111 ELECTBOARD CENTRE PRIVATE LIMITED 35,000 0.1%
758 SOUTHLON TRADING 50,000 0.03% 882 ENHANCED ELECTRICALS POER PROJECTS PL 24,807 0.02% 112 BAYROCK RESOURCES 35,000 0.1%
759 QUEST HUB SOLUTIONS (PVT) LTD 50,000 0.03% 883 ZIMKINGS TRADING 23,715 0.02% 113 BRENTWOOD INCORPORATION PVT LTD 35,000 0.1%
760 STEPOVICH PVT LTD T/A DPACK 50,000 0.03% 884 INDUCON INVESTMENTS P/L 22,615 0.01% 114 ACHISTRUTS ENGINEERING (PVT) LTD 35,000 0.1%
761 TECHOLD ENGINEERING 50,000 0.03% 885 ASTRA CHEMICALS PVT LTD 11,409 0.01% 115 UKUBAMBANA COMMODITIES (PVT) LTD 34,999 0.1%
762 SOLGAS PVT LTD 50,000 0.03% 886 HERITAGE TOBACCO HANDLERS (PVT) LTD 8,591 0.01% 116 WAXGEN TRADING PVT LTD 34,998 0.1%
763 SOUTHWOLD INVESTMENTS 50,000 0.03% 151,898,457 100% 117 SAFAST LOGISTICS 34,998 0.1%
764 ZARURO INCORPORATED 50,000 0.03% TOTAL 118 HALSMAN ENTERPRISES 34,995 0.1%
765 RUBRICAL ENERGY TA 50,000 0.03% 119 PALMREST INVESTMENTS 34,972 0.1%
766 ZEOTEC 50,000 0.03% FOREIGN EXCHANGE AUCTION SYSTEM ALLOTMENTS UNDER THE SMEs AUCTION FOR MARCH 2022 120 ONE EARTH ENTERPRISES 34,931 0.1%
767 SHIPSERVE PVT LTD 50,000 0.03% 121 POLYFOIL ZIMBABWE 34,710 0.1%
768 RUWANIKO INVESTMENTS PVT LTD 50,000 0.03% NO. BIDDER AMOUNT 34,618 0.1%
769 RAPID GAIN ENTERPRISES 50,000 0.03% 1 TOTAL AQUA SOLUTIONS ALLOTTED (US$) SHARE (%)
770 NASAG PRIVATE LIMITED 50,000 0.03% 2 ELENGROW INVESTMENTS P/L
771 KUSONA TRADING (PVT) LTD 50,000 0.03% 3 POLYVISION 70,000 0.2%
772 LASHWEDJ DISTRIBUTORS 50,000 0.03% 4 ANYTIME PLASTICS 64,773 0.2%
773 LINKFRONT FARMING 50,000 0.03% 5 AFRIBAGS 54,098 0.2%
774 ORANGEHEALTH (PVT) LTD 50,000 0.03% 6 G & S CHEMICAL AGENCIES P/L 53,359 0.2%
775 MBUKWE INVESTMENTS 50,000 0.03% 7 TUDMAG ENTERPRISES 50,094 0.2%
776 HARRIS & MICHAEL CORPORATION PVT LTD 50,000 0.03% HEADBUCKS FREIGHT AND LOGISTICS 48,645 0.2%
777 KEMGAUGE INVESTMENTS 50,000 0.03% 8 (PVT) LTD 48,605 0.2%
778 JUNE LOGISTICS 50,000 0.03% 9 ICLIK (PVT) LTD
779 NERTHERVEST TRADING 50,000 0.03% 10 JASBRO FOODS (PRIVATE) LIMITED 47,127 0.1%
780 HITIRA INVESTMENTS 50,000 0.03% 11 AFROTIJA PRIVATE LIMTED 46,419 0.1%
781 MARK BON GROUP 50,000 0.03% 12 PROJEX 45,836 0.1%
782 HYPERFEEDS ANIMAL NUTRITION 50,000 0.03% 13 MICHTRADE (PVT) LTD 45,754 0.1%
783 MARK HALL 50,000 0.03% 14 ASPHALT PRODUCTS (PVT) LTD 45,512 0.1%
784 NHAKA LIFE ASSURANCE PRIVATE LIMITED 50,000 0.03% 15 PROSPERAJ ELETRICAL AND SOLAR PVT LTD 45,000 0.1%
785 LADGEN INVESTMENTS P/L 50,000 0.03% 16 LSI RESOURCES (PVT) LTD 44,549 0.1%
786 MAJOR MEATS BUTCHERY PVT LIMITED 50,000 0.03% 17 SAFHAN INVESTMENTS 43,865 0.1%
787 APPLIED CONTROLS 50,000 0.03% 18 LOUVILLE ESTATES P/L 43,480 0.1%
788 EKEZAL ENTERPRISES 50,000 0.03% 19 PLASTIC AND PIPE INDUSTRY PVT LTD 43,250 0.1%
789 BESPOKE DELIGHTS 50,000 0.03% 43,150 0.1%
790 BOCCOLOKO T/A RAM MINING 50,000 0.03% 43,007 0.1%
791 C STEINWEG BRIDGE PVT LTD 50,000 0.03%
50,000 0.03%

NewsHawks Page 41

Issue 76, 15 April 2022

NO. BIDDER AMOUNT NO. BIDDER AMOUNT NO. BIDDER AMOUNT
ALLOTTED (US$) SHARE (%) ALLOTTED (US$) SHARE (%) ALLOTTED (US$) SHARE (%)
122 ONSDALE ENTERPRISES 223 ECOTRACK INVESTMENTS 321 VIDIZE INVESTMENTS
123 PURPLEGRID INVESTMENT GROUP P/L 34,554 0.1% UNITED CLOTHING AND SHIRT 29,950 0.1% 322 ORSINO INVESTMENTS PVT LTD 26,250 0.1%
124 TAMALKS INVESTMENTS PVT LTD 34,519 0.1% 323 JARAN ENTERPRISES (PVT) LTD 26,250 0.1%
125 LOSPEN FARMING 34,518 0.1% 224 MANUFACTURERS PVT LTD 29,948 0.1% 324 DOBBERLAND INVESTMENTS 26,170 0.1%
126 ACCRIVITY ENTERPRISES PRIVATE LIMITED 34,446 0.1% 225 TEWSBURY PVT LTD 29,929 0.1% 325 TEDEUM ENT T/A CR RANCHING 26,099 0.1%
127 EARTHEN FIRE 34,391 0.1% 226 SKILLPACE INVESTMENTS 29,900 0.1% 326 TARISCO MEDIA 26,076 0.1%
128 CARSONS VALLEY ENTERPRISES (PVT) LTD 34,353 0.1% 227 EARLSTEIN ENTERPRISES P/L 29,876 0.1% 327 SABARM BUSINESS SOLUTIONS 25,993 0.1%
129 METRO-SOL PVT LTD 34,284 0.1% 228 STRICT SENSE INVESTMENTS 29,875 0.1% 328 SELFLESS INVESTMENTS 25,969 0.1%
130 STEADYBASIS INVESTMENTS 34,200 0.1% 229 QUESTVEST PVT LTD 29,870 0.1% 329 C AND Z INVESTMENTS PRIVATE LIMITED 25,881 0.1%
131 EDBUNAA ENTERPRISES (PVT) LTD 34,194 0.1% 230 COSABS INVESTMENTS 29,859 0.1% 25,869 0.1%
132 PAN PICK TRADING PVT LTD 34,043 0.1% 231 LACHELN INVESTMENTS (PRIVATE) LIMITED 29,778 0.1% FOOD AND INDUSTRIAL PROCESSORS
133 PANELLINK MANUFACTURING 34,025 0.1% 232 AGRIMAP PVT LTD 29,628 0.1% 330 ZIMBABWE 25,861 0.1%
134 R. YOGI PLASTICS (PVT) LTD 34,000 0.1% 233 GARYSMTH FUEL OFFLOADERS 29,501 0.1% 331 NCP DISTILLERS ZIMBABWE 25,734 0.1%
135 BUILDERS ONE STOP PVT LTD 33,788 0.1% 234 ESPN TRUCKING 29,492 0.1% 332 PROFLEX DYNAMICS PVT LTD 25,720 0.1%
136 ECOVUS ENTERPRISES 33,637 0.1% 235 MAYFORT MILLING 29,299 0.1% 333 AGRIVI FARM PRODUCE PVT LTD 25,670 0.1%
137 CARADOR ENTERPRISES 33,500 0.1% 236 TAITA TYRES PVT LTD 29,202 0.1% 334 HERNMERG INTERNATIONAL SERVICES 25,642 0.1%
138 MASIYA DENFORD 33,491 0.1% 237 GROOVE RETAIL AND DISTRIBUTION 29,150 0.1% 335 AMALGAMATED CHEMICAL INDUSTRIES 25,595 0.1%
139 KUSONA TRADING (PVT) LTD 33,420 0.1% 238 JOSEPRON ENTERPRISES 28,950 0.1% 336 AGRICO SOUTHERN AFRICA PVT LTD 25,588 0.1%
140 PROBOTTLERS PVT LTD 33,190 0.1% 239 SHUNGWASHA INVESTMENTS 28,750 0.1% 337 MEECKWAVE ENTERPRISES P/L 25,564 0.1%
141 FUNGIOLIV INVESTMENTS 33,133 0.1% 240 COMPROP (PVT) LTD 28,667 0.1% 338 IYNOTTE INVESTMENTS 25,494 0.1%
142 CSBC ZIMBABWE PL 33,000 0.1% 241 FLOMARK ENERGY (PVT) LTD 28,596 0.1% 339 DREWBULLE SUPPLIES PRIVATE LIMITED 25,494 0.1%
143 SABLES TRUST 33,000 0.1% 242 NADISH INVESTMENTS (PVT) LTD 28,553 0.1% 340 A GRADE AGRICULTURE 25,349 0.1%
144 CASUAL WORLD INVESTMENTS 32,998 0.1% 243 ADONIRE P/L 28,499 0.1% 341 ATTRIBECA INVESTMENTS 25,300 0.1%
145 VEHURRY ENTERPRISES (PVT) LTD 32,980 0.1% 244 MEGA WORKS CONSTRUCTION 28,400 0.1% 342 CUNARD INVESTMENTS (PVT) LTD 25,282 0.1%
146 WAVE MARKETING 32,814 0.1% 245 BRADFORD SENIOR SCHOOL 28,370 0.1% 343 MULLER BROTHERS (PVT) LTD 25,174 0.1%
147 HERPSONS ENGINEERING T/A HEMS AFRICA 32,727 0.1% 344 BELYLLA INVESTMENTS 25,060 0.1%
148 CHARLES STEWART DAY OLD CHICKS P/L 32,660 0.1% DIRECT IMPACT INVESTMENTS 28,366 0.1% 345 SKYGATE HOLDINGS 25,000 0.1%
149 EASWALD TRADING P/L 32,620 0.1% 246 PRIVATE LIMITED 28,339 0.1% 346 ONRUS INVESTMENTS 25,000 0.1%
150 UVESTO P/L 32,530 0.1% 247 HUGE CROP 28,307 0.1% 347 MARAGARET PVT LTD 25,000 0.1%
151 SHINGIRAI DAVID ZINYEMBA 32,500 0.1% 248 CHANDIWANA MINES 28,301 0.1% 348 NEXBRANDS INVESTMENTS 25,000 0.1%
152 SHINGIRAYI NYAMHANDU 32,500 0.1% 249 TWINFLO PVT LTD 28,300 0.1% 349 LORDREACH INC 25,000 0.1%
153 KUDAKWASHE MUNGARAZA 32,500 0.1% 250 ZARURO INCORPORATED 28,238 0.1% 350 ENERGETIX SOLUTIONS 25,000 0.1%
154 LATIDOUK LOGISTICS P/L 32,500 0.1% 251 PHOENIX (PVT) LTD 28,000 0.1% 351 FINE ARROW INTERNATIONAL 25,000 0.1%
155 IZIKO MINERALS 32,500 0.1% 252 NET AFRICA LOGISTICS 27,920 0.1% 352 ESTHER TAKUDZWA DUBE 25,000 0.1%
156 HEYDAY LOGISTICS 32,500 0.1% 253 ROSHANI INVESTMENTS 27,810 0.1% 353 CLASSIC ENERGY 25,000 0.1%
157 FOLD CONSOLIDATED CAPITAL 32,500 0.1% 254 HOME AND KITCHENWARE 27,752 0.1% 354 CONVERGE ENTERPRISES P/L 25,000 0.1%
158 HARARE PUMP AND IRRIGATION 32,500 0.1% 255 DAYFORCE INVESTMENTS 27,703 0.1% 355 AFFINITY TRADING (PRIVATE) LIMITED 25,000 0.1%
159 DUNEXAS INVESTMENTS 32,500 0.1% 256 SAFECO PRIVATE LIMITED 27,640 0.1% 356 ARASEE SOLUTIONS P/L 25,000 0.1%
160 DECOICE ENTERPRISES PVT LTD 32,500 0.1% 257 ZIMINX P/L 27,543 0.1% 357 LEAN ANGELS 25,000 0.1%
161 CROCKERY HUB 32,500 0.1% 258 LEWALEVU TRADING PBC 27,500 0.1% 358 METRO ICT ZIMBABWE (PVT) LTD 24,999 0.1%
162 ASTROPEC ENTREPRISES 32,500 0.1% 259 TUNGA MARKETING P/L 27,500 0.1% 359 WHIRLWYN TRUCKING AND PLANT HIRE 24,998 0.1%
163 SKM MOTORCYLCES 32,500 0.1% 260 WATSIKAYI INVESTMENTS 27,500 0.1% 360 PAMWOYO PVT LTD 24,990 0.1%
164 GLORYBY INVESTMENTS 32,496 0.1% 261 MAZOLA TRADING 27,500 0.1% 361 BIG BROTHER FEEDS 24,982 0.1%
165 MINEAZY MINING SOLUTIONS 32,494 0.1% 262 LEON AND LYNNE INVESTMENTS PVT LTD 27,500 0.1% 362 UNIBELINK INVESTMENTS 24,980 0.1%
166 RESTAN PVT LTD TA SAV WHOLESALERS 32,482 0.1% 263 INNOVAGE PL 27,500 0.1% 363 SEKAKO TRADING 24,980 0.1%
167 THORNTONS TRADING 32,481 0.1% 264 LONGSTAGE TRADING 27,500 0.1% 364 SKYAQUA INVESTMENTS 24,974 0.1%
168 KOTAVO ENTERPRISES 32,480 0.1% 265 FISCAL SUPPORT SERVICES 27,500 0.1% 365 ALSANA ENTERPRISES 24,971 0.1%
32,468 0.1% 266 FERDEKO LOGISTICS 27,500 0.1% 366 THIRTY ONE JULY 24,967 0.1%
REFRIGERATION & AIRCONDITIONING 267 EASY FETCH ENTERPRISES 27,500 0.1% 367 DESLEG PBC 24,962 0.1%
169 SERVICES (PVT) LTD 32,457 0.1% 268 BUILDERS POWER HOUSE 27,484 0.1% 368 K M KUPETA 24,953 0.1%
170 LUMINOUS DETERGENTS PVT LTD 32,450 0.1% 269 ASPINNOV INVESTMENTS PRIVATE LIMITED 27,481 0.1% 369 FLOSTEC DIGITAL PVT LTD 24,945 0.1%
171 RESHUFFLE PVT LTD 32,449 0.1% 270 MWENJE TECHNOLOGIES 27,448 0.1% 370 NILOC TRADERS PVT LTD 24,929 0.1%
172 KUDACHOGA INVESTMENTS 32,446 0.1% 271 A G FRANCEYS AND SONS 27,437 0.1% 371 WE BUY OLD BATTERIES PVT LTD 24,924 0.1%
173 PEARLSPOT ENTERPRISES (PVT) LTD 32,439 0.1% 272 NIJAYS PVT LTD 372 ISOBRANDS 24,890 0.1%
174 QUEENMARRY BIOTECH PRIVATE LIMITED 32,438 0.1% 27,428 0.1% 373 STEELHUB (PVT) LTD 24,881 0.1%
175 SONDER SEALS AND BEARINGS 32,428 0.1% RIGHTMARK INVESTMENTS (PV) LTD 27,412 0.1% 374 GEMOIAN ENTERPRISES 24,865 0.1%
176 GRAPEVINE DISTRIBUTORS 32,392 0.1% 273 T/A BARONS MOTOR SPARES 27,403 0.1% 375 DECKING WORLD P/L 24,833 0.1%
177 POLAR PLASTICS 32,384 0.1% 274 AVITAL AGRICULTURAL CONSULTING 27,401 0.1% 376 LITEFLUSH INVESTMENTS (PVT) LTD 24,815 0.1%
178 RAPID GAIN ENTERPRISES 32,375 0.1% 275 CORALCOM PVT LTD 27,400 0.1% 377 MUCLESS PRIVATE LIMITED 24,812 0.1%
179 ROYGET INVESTMENTS (PVT) LTD 32,368 0.1% 276 FIRSTGRADE INC 27,395 0.1% 378 HALLMARK MEDICAL T/A MEDLINK 24HR 24,778 0.1%
180 DRONES VIEW MOUNTAINS PRIVATE LIMITED 32,367 0.1% 277 INGWE SAFARIS 27,359 0.1% 379 OVICELL INVESTMENTS 24,750 0.1%
181 SECURE PRIM INVESTMENTS 32,302 0.1% 278 PURE IMPACT 27,353 0.1% 380 NEARSTRAND TRADING 24,700 0.1%
182 NICKNORIE 32,275 0.1% 279 GANTHORPE ENTERPRISES 381 GANRES ENTERPRISES PVT LTD 24,684 0.1%
280 CHIPCEC LOGISTICS PVT LTD 382 LINKFRONT FARMING 24,667 0.1%
LEADGATE ENTERPRISES T/A CORPORATE 32,215 0.1% 27,320 0.1% 383 STRYKER INTERNATIONAL 24,661 0.1%
183 COPIERS 32,183 0.1% STUB MECHANICAL AND ELECTRICAL 27,304 0.1% 384 ACCUGAIN PRIVATE LIMITED 24,653 0.1%
184 LAKEBIRD INVESTMENTS 32,071 0.1% 281 ENGINEERS PVT LTD 27,300 0.1% 385 TELECONTRACT 24,647 0.1%
185 INDUSTRIAL PROCUREMENTS 32,054 0.1% 282 TENRITE ENTERPRISES 27,293 0.1% 386 JUNE GLOBAL 24,582 0.1%
186 POLYLIFE TRADING PVT LTD 32,040 0.1% 283 AFRIKA AKATIVATE CONSORTIUM 27,277 0.1% 387 PROSPEROUS DAYS INVESTMENTS 24,531 0.1%
187 JEAP AUDIO VISUALS P/L 32,014 0.1% 284 BRUVOC TRADING PVT LTD 27,252 0.1% 388 NAYCOM TRADING 24,502 0.1%
188 CYNLYN INVESTMENTS 32,010 0.1% 285 ZEFIS ENGINEERING 27,224 0.1% 389 THE PLOUTOS P/L 24,500 0.1%
189 TSANGA POWER STATION PVT LTD 286 SNAPCLASH INVESTMENTS (PVT) LTD 27,203 0.1% 390 HOTBRANDS INVESTMENTS 24,489 0.1%
32,000 0.1% 287 AVANTVEST CAPITAL PVT LTD 27,200 0.1%
INFRASTRUCTURE DEVELOPMENT 31,988 0.1% 288 METACH INVESTMENTS 27,200 0.1% KUTICAM PRODUCTS T/A TAWANA 24,479 0.1%
190 BANK OF ZIMBABWE 31,950 0.1% 289 REXMARK INVESTMENTS 27,192 0.1% 391 BIO ENERGY 24,461 0.1%
191 NICOLAS SCALE COMPANY PVT LTD 31,893 0.1% 290 MASHFLOCK INVESTMENTS 27,115 0.1% 392 GLYTIME FOODS PVT LTD 24,367 0.1%
192 WAYGRE INVESTMENTS 31,852 0.1% 291 COOVER BOTTLERS 27,106 0.1% 393 YOVAN TRADING PVT LIMITED 24,365 0.1%
193 TOPSCOTCH INVESTMENTS (PVT) LTD 31,750 0.1% 292 ASTRO ACE ENTERPRISES 27,095 0.1% 394 TEXTWRIGHT PVT LTD 24,315 0.1%
194 PALEMOON INVESTMENTS 31,708 0.1% 293 THAMFIELD TRADING 27,075 0.1% 395 MUSTBERG SERVICES 24,171 0.1%
195 BALIDSON RESOURCE & CAPITAL EQUIPMENT 31,620 0.1% 294 HEBERTS CONSTRUCTION PL 27,074 0.1% 396 ODERMALL INVESTMENTS P/L 24,130 0.1%
196 PINELAND TECHNOLOGY 31,520 0.1% 295 BUSSTIL PBC 27,070 0.1% 397 ESSAKS TRADING 24,031 0.1%
197 GSTAR PRIVATE LIMITED 31,518 0.1% 296 MARTL TRUST PVT LTD 27,053 0.1% 398 EASYCAST TRADING 24,011 0.1%
198 SATCHMO INVESTMENTS 31,266 0.1% 297 MILAZWE PRIVATE LIMITED 27,028 0.1% 399 SOLID VISION TECHNOLOGIES P/L 24,000 0.1%
199 LEADSTREAM INVESTMENTS 31,258 0.1% 298 STODART AGRIELECT P/L 26,999 0.1% 400 CLAXOTICA INVESTMENTS
200 SAVANNA BEVERAGES 31,250 0.1% 299 PANGOLIN PRODUCTS PVT LTD 26,997 0.1% 24,000 0.1%
201 EZEE ZIM PVT LTD 31,250 0.1% 300 RHAEGAL PHARMACEUTICALS 26,973 0.1% AUTHENTIC NETWORK SOLUTIONS 23,965 0.1%
202 TICH-ALPHA INVESTMENTS 31,250 0.1% 301 WILMITE SECURITY 401 PRIVATE LIMITED 23,937 0.1%
203 WAHID ENTERPRISES 31,078 0.1% 302 FRESH WAVE PVT LTD 26,971 0.1% 402 SMUDDLE INVESTMENTS (PVT) LTD 23,850 0.1%
204 ZELPAC TRADING 30,976 0.1% 26,886 0.1% 403 BURMA OIL HOLDINGS PRIVATE LIMITED 23,840 0.1%
205 MAWABENI DESIGNS 30,944 0.1% RENAISENCE HEALTH AND HYGIENE 26,861 0.1% 404 PARNCORP P/L 23,834 0.1%
206 MARA JULIUS INVESTMENTS 30,381 0.1% 303 PRIVATE LIMITED 26,798 0.1% 405 RUNPOWER RESOURCES (PVT) LTD 23,822 0.1%
207 MULTIMETER ELECTRONICS 30,363 0.1% 304 JUSTIN MATENDA 406 THREE BLUES ENTERPRISES (PVT) LTD 23,750 0.1%
208 KITCHEN CRAFT INVESTMENTS 30,274 0.1% 305 ZUREA INVESTMENTS 26,765 0.1% 407 IGEN INDUSTRIALS P/L 23,750 0.1%
209 RILSTONE INVESTMENTS (PVT) LTD 30,245 0.1% 306 CYCLEPOWER HARDWARE CENTRE 26,765 0.1% 408 ZEE FARMING VENTURES PVT LTD 23,700 0.1%
210 VICKY GATES INVESTMENTS 30,109 0.1% 26,747 0.1% 409 MILDGOLD P/L 23,681 0.1%
211 EVERBRIGHT FARMING 30,100 0.1% APACK ZIMBABWE T/A CLASSIC 26,712 0.1% 410 BRAND REVO FINGERPRINT SOLUTIONS 23,645 0.1%
212 FOOTPRINT INVESTMENTS 30,077 0.1% 307 MARKETING P/L 26,615 0.1% 411 SELECT BRANDS INVESTMENTS 23,634 0.1%
213 TOK AGRICULTURE 30,029 0.1% 308 JETVEST PVT LTD 26,579 0.1% 412 YADEN TRADING PVT LTD 23,497 0.1%
214 PROVEN INCOME INVESTMENTS 30,000 0.1% 309 WISEROW ENTERPRISES 26,520 0.1% 413 CAPLAW ENTERPRISES PVT LTD 23,386 0.1%
215 POWERFUL GRAND INDUSTRIES 30,000 0.1% 310 BOARDEX ZIMBABWE 26,422 0.1% 414 TOTAL LOADING SOLUTIONS 23,331 0.1%
216 VONLET TRADING P/L 30,000 0.1% 311 VITALHOPE INVESTMENTS P/L 26,365 0.1% 415 MIDA ENTERPRISES 23,260 0.1%
217 SUNCREEK TRADING 30,000 0.1% 312 BLUETEK INVESTMENTS P/L 26,359 0.1% 416 JAZZTONE INVESTMENTS 23,259 0.1%
218 MATTRESS FIRM P/L 30,000 0.1% 313 PROFESSIONAL SOLAR (PVT) LTD 26,358 0.1% 417 HIGH PLANN ENTERPRISES 23,233 0.1%
219 NGWARATE ESTATES P/L 29,997 0.1% 314 LECLOT INVESTMENTS P/L 26,329 0.1% 418 DON FOSS ENTERPRISES 23,200 0.1%
220 CRUISEDEV ENTERPRISES 29,990 0.1% 315 YO BRANDS PVT LTD 26,312 0.1% 419 TRINITY SEMBI ENERGY PVT LTD 23,197 0.1%
221 SWICLO INVESTMENTS 316 DATACOPY INVESTMENTS 26,250 0.1% 420 JUSTICE GWAZVO
222 TECHNICAL HYGIENE SOLUTIONS 317 MR CONTAINER P/L 421 GURUVE SOLAR PARK
318 CAIRDE TRADING
319 ENCASH ENTERPRISES
320 TUKTUK TECHNOLOGY P/L

Page 42 NewsHawks

Issue 76, 15 April 2022

NO. BIDDER AMOUNT NO. BIDDER AMOUNT NO. BIDDER AMOUNT
422 HELLO HARARE P/L ALLOTTED (US$) SHARE (%) ALLOTTED (US$) SHARE (%) ALLOTTED (US$) SHARE (%)
423 BIGSTOCK PVT LTD 523 INCREDIBLE CHEMICALS 624 AZBO INVESTMENTS
424 MARNVAL BUSINESS GROUP 23,145 0.1% 524 OMM INDUSTRIES 20,887 0.1% 625 VETERAN INVESTMENTS 19,233 0.1%
425 MINA NAWE TRADING P/L 23,128 0.1% 525 THE SAFE DEPOSIT BOX COMPANY 20,873 0.1% 626 POUNDNET INVESTMENTS 19,221 0.1%
426 MAC AUCTION SERVICES 23,074 0.1% 526 TAFANASTEPH 20,820 0.1% 627 THE GAP COMPANY 19,170 0.1%
427 BULLION MARKETING & LOGISTICS 23,000 0.1% 527 SEA FOOD CENTRE PLC 20,813 0.1% 628 FESTIVE EGGS (PVT) LTD 19,157 0.1%
428 FUGRA TRADING 22,958 0.1% 528 PRINCE KUDZAI HWENJERE 20,725 0.1% 629 VAAL LILLY PVT LTD 19,151 0.1%
429 ZALSEN (PVT) LTD 22,950 0.1% 529 FOUR ROOTS INVESTMENTS 20,723 0.1% 630 NHARAUNDA GODFEY 19,000 0.1%
430 ABILITY CHIKANYA 22,855 0.1% 530 TIMEREX CHEMICALS PVT LTD 20,656 0.1% 631 SGS PERFZIM 18,968 0.1%
431 CLEAN O PVT LTD 22,850 0.1% 531 SPAR ZIMBABWE 20,570 0.1% 632 LONGSTAR INVESTMENTS 18,960 0.1%
432 THE CANNING COMPANY (PVT) LTD 22,841 0.1% 532 DOMINION MARKETING PVT LTD 20,566 0.1% 633 FATRA KAYS PVT LTD 18,933 0.1%
433 CLEARBASE CLOTHING 22,802 0.1% 533 DHVANI INVESTMENTS PVT LTD 20,515 0.1% 634 SEPHTUNE LOGISTICS 18,933 0.1%
434 DAMASCUS INCORPORATED 22,744 0.1% 534 GOLDRUSH EQUIPMENT PRIVATE LIMITED 20,506 0.1% 635 BRILCORE INVESTMENTS P/L 18,912 0.1%
435 BULLION LEAF ZIMBABWE PRIVATE LIMITED 22,664 0.1% 535 AZELE RESOURCES (PVT) LTD 20,497 0.1% 636 PERFORMANCE DYNAMICS PBC 18,906 0.1%
436 NDEXUS PRIVATE LIMITED 22,664 0.1% 536 AMITAS SOLUTIONS 20,471 0.1% 637 PANAROB INVESTMENTS P/L 18,880 0.1%
437 ELITE HOLDINGS 22,659 0.1% 537 ENDOINC (PRIVATE) LIMITED 20,392 0.1% 638 FIVE PIECES WIRE HARDWARE 18,770 0.1%
438 ANMACK MINING (PVT) LTD 22,600 0.1% 538 OBBRIDGE ENTERPRISES 20,388 0.1% 639 EVERMORE KAMUNGERA 18,750 0.1%
22,585 0.1% 539 KALPAK ENTERPRISES 20,375 0.1% 640 BULK COMMODITES PVT LTD 18,700 0.1%
SHREYA INVESTMENTS T/A BOWLINE 22,580 0.1% 540 DUSK HOME 20,350 0.1% 641 CLETOUS M CHITAMBIRA 18,570 0.1%
439 FURNITURES 541 OMADA HARDWARE AND ELECTRICAL 20,325 0.1% 642 R AND M PRESSING PRIVATE LIMITED 18,500 0.1%
22,549 0.1% 542 FLOSSY HOMES PVT LTD 20,300 0.1% 643 GETBUCKS MICROFINANCE BANK LTD 18,470 0.1%
TOPHEDGE ENTERPRISES T/A WILLOWVALE 543 FORTHPORT ENTERPRISES (PVT) LTD 20,284 0.1% 644 TLS MEDIA GRAPHICS 18,466 0.1%
440 RADIOLOGY 22,500 0.1% 544 COLOUR RAY 20,195 0.1% 645 ZEOTEC 18,394 0.1%
441 SPIWE TALENT NYAMHANDU 22,500 0.1% 20,172 0.1% 646 EVONOLA INVESTMENTS 18,386 0.1%
442 GRAPE DEAL TRADING 22,500 0.1% DATA TRANSFER COMPUTERS T/A SAI 647 TACTPLAN HOLDINGS 18,350 0.1%
443 DREAMDAY MARKETING P/L 22,500 0.1% 545 SYSTEMS 20,169 0.1% 648 JIT LABELS 18,310 0.1%
444 DROPTECH PVT LTD 22,500 0.1% 546 TSOTSOMA INV 20,120 0.1% 649 WGA LIQOUR P/L 18,295 0.1%
445 BILCRO HOLDINGS 22,500 0.1% 547 GREENVELD DISTRIBUTORS 20,100 0.1% 650 SERVIETTES ZIMBABWE PRIVATE LIMITED 18,248 0.1%
446 BESSLOCHA ENTERPRISES 22,500 0.1% 548 SUPREME BRANDS (PVT) LTD 20,028 0.1% 651 TRANSMUK LOGISTICS (PVT) LTD 18,068 0.1%
447 SLS MARKETING AND BRANDING 22,498 0.1% 549 THE DÉCOR BARN (PVT) LTD 20,000 0.1% 652 WRIGHTHILL INVESTMENTS 18,061 0.1%
448 RELIANCE MANUFACTURING PVT LTD 22,496 0.1% 550 VJ ELECTRICAL PVT LTD 20,000 0.1% 653 TAKURA RODWELL DHLIWAYO 18,001 0.1%
449 GATES ELEVEN ENTERPRISES (PVT) LTD 22,495 0.1% 551 VELTGIN INTERNATIONAL P/L 20,000 0.1% 654 TASHLLYT INVESTMENTS (PVT) LTD 18,000 0.1%
552 THINKAGIC INVESTMENTS 20,000 0.1% 655 MABUTO SIMBARASHE 18,000 0.1%
THREE INFORMATION TECHNOLOGY 22,493 0.1% 553 TSORO TECHNOLOGIES 20,000 0.1% 656 DIAMOND SCENT 17,986 0.1%
450 LOGISTICS 22,487 0.1% 554 UVONGO PROJECTS (PVT) LTD 20,000 0.1% 657 AAYU PACKAGING PRIVATE LIMITED 17,887 0.1%
451 BERTECH P/L 22,483 0.1% 555 STONEFAIR INVESTMENTS 20,000 0.1% 17,856 0.1%
452 PLATINUM GRACE INVESTMENTS 22,480 0.1% 556 TAMINKY INVESTMENTS P/L 20,000 0.1% CYBERDIGITAL TECHNOLOGIES PRIVATE
453 RICHSON INVESTMENTS 22,461 0.1% 557 SITHAM INVESTMENTS P/L 20,000 0.1% 658 LIMITED 17,816 0.1%
454 ARMOR MULTI AGRICULTURAL SERVICES 22,455 0.1% 558 ROYAUME ENTERTAINMENT 20,000 0.1% 659 COBLEM ENTERPRISES 17,685 0.1%
455 LEON SPORT 22,448 0.1% 559 PLISKO INVESTMENTS PVT LTD 20,000 0.1% 660 MEPORTEE ENTERPRISES (PVT) LTD 17,680 0.1%
456 FALPINO DISTRIBUTORS 22,443 0.1% 560 PLASTILINK (PVT) LTD 20,000 0.1% 661 ETRAN ENTERPRISES 17,625 0.1%
457 GREATMILES PVT LTD 22,436 0.1% 561 PEMA FASHIONS PVT LTD 20,000 0.1% 662 NETRADE MARKETING 17,617 0.1%
458 ELEGANT SOLUTIONS (PVT) LTD 22,424 0.1% 562 NOVILON INVESTMENTS 20,000 0.1% 663 HOMWE YAKO HOLDINGS PVT LIMITED 17,600 0.1%
459 CPF HOLDINGS 22,407 0.1% 563 MADECARE PHARMACEUTICALS 20,000 0.1% 664 ZADA GRANITE MASVINGO P/L 17,596 0.1%
460 CLOVERBANK (PRIVATE) LIMITED 22,396 0.1% 564 LAWP ENTERPRISES 20,000 0.1%
461 TANISHA ENTERPRISES 22,381 0.1% 565 KARLBECK INVESTMENTS 20,000 0.1% RADAR INVESTMENTS T/A MACDONALD 17,590 0.1%
462 AZAR CONSTRUCTION PL T/A AZAR STEEL 22,369 0.1% 566 GOMEX SUPPLIES 20,000 0.1% 665 BRICKS 17,550 0.1%
463 EBRAHIM STORES (PVT) LTD 22,325 0.1% 567 FROGMERGE CONSTRUCTION (PVT) LTD 20,000 0.1% 666 ARCHIBOLD KWARAMBA 17,545 0.1%
464 CULLINAN (PVT) LTD 22,282 0.1% 568 FIABLE MEDICAL SOLUTIONS (PVT) LTD 20,000 0.1% 667 MAYSTAR INVESTMENTS PVT LTD 17,541 0.1%
465 COLORPLAST ZIMBABWE P/L 22,280 0.1% 569 GRACEFUL RETURNS INVESTMENTS 20,000 0.1% 668 MIMYS INVESTMENTS 17,536 0.1%
466 STAMZIM INVESTMENTS 22,200 0.1% 570 FIBRECRAFT PVT LTD 20,000 0.1% 669 FYCE INVESTMENTS (PVT) LTD 17,500 0.1%
467 VIMBIKA TRADING (PVT) LTD 22,195 0.1% 571 FAITHFULSON LOGISTICS PRIVATE LIMITED 20,000 0.1% 670 ULTRA LOGIX PETROLIUM PTY LTD 17,500 0.1%
468 REECE INFINITY MARKETING PVT LTD 22,195 0.1% 572 GENFIN MEDICAL AID FUND 20,000 0.1% 671 TINCH TELECOMMS CENTRE P/L 17,500 0.1%
469 DIAGNOSTICS LABORATORY SERVICES 22,183 0.1% 573 FIVE STAR INDUSTRIES 20,000 0.1% 672 SQUARE ROOF FABRICATION 17,500 0.1%
470 ATTICUS INVESTMENTS PL 22,177 0.1% 574 DROWACK INVESTMENTS 20,000 0.1% 673 TASABERG INVESTMENTS 17,500 0.1%
471 HOUSEHOLD CONVERTERS P/L 22,159 0.1% 575 ELECTI DÉCOR AND EVENTS PVT LTD 20,000 0.1% 674 ORIGEN CONSTRUCTION 17,500 0.1%
472 NATURES HARVEST 22,150 0.1% 576 CANLINK TRADING PVT LTD 20,000 0.1% 675 MONTSUN INVESTMENTS P/L 17,500 0.1%
473 KENDRICK KAYLA 22,148 0.1% 577 CHILLIPOT TRADING PVT LTD 20,000 0.1% 676 IFIXBEE 17,500 0.1%
474 INDUSTRIAL PRODUCTS SOLUTIONS 22,118 0.1% 578 ALMOND EYED INVESTMENTS PVT LTD 20,000 0.1% 677 KUDZAI HWAMI 17,500 0.1%
475 ALG WORLD INVESTMENTS 579 MIDLANDS PRINTERS AND STATIONERS 20,000 0.1% 678 EMILLIAH MABIKA 17,500 0.1%
22,080 0.1% 580 GREAT EAST DISTRIBUTORS 19,998 0.1% 679 GLOBAL CLINICAL SERVICES 17,500 0.1%
CHEMICAL PROCUREMENT SERVICES AFRICA 22,000 0.1% 581 BECKLAND INVESTMENTS 19,995 0.1% 680 CRYSTAL SERENITY 17,500 0.1%
476 (PVT) LTD 21,984 0.1% 582 KOSHA DISTRIBUTION 19,995 0.1% 681 CIRCUIT CONNECTIONS 17,500 0.1%
477 NATHAN RILEY PVT LTD 21,980 0.1% 583 PROCRETE (PVT) LTD 19,993 0.1% 682 DOUBLE PALE TELECOMS (PVT) LTD 17,500 0.1%
478 WILDLIFE MEDICINAL CANNABIS 21,964 0.1% 584 NORTHMIST INVESTMENTS 19,990 0.1% 683 AMPS ENGINEERING 17,500 0.1%
479 REGIONAL DATA SOLUTIONS PRIVATE LIMITED 21,960 0.1% 585 SEMEDIK TRADING 19,984 0.1% 684 CAFEBURY INC PVT LTD 17,500 0.1%
480 QUEST PAINTS (PVT) LTD 21,955 0.1% 586 FINANCE AID P/L 19,982 0.1% 685 ARTFLORE TECHNICAL SERVICES 17,491 0.1%
481 NEL AND SONS T/A HUNYANI 21,939 0.1% 587 TRACK-IT 19,977 0.1% 686 SOLAR FARMING 17,490 0.1%
482 MERLAW INVESTMENTS 21,924 0.1% 588 SOUTHSEA INVESTMENTS 19,965 0.1% 687 ENERSOL ENGINEERING 17,489 0.1%
483 FRESH OASIS PAPERS (PVT) LTD 21,865 0.1% 589 APPLIED CONTROLS 19,932 0.1% 688 LAMASAT ZIMBABWE 17,484 0.1%
484 FARNIC INVESTMENTS PRIVATE LIMITED 21,861 0.1% 590 STREAKY FARM BUSINESS CORPORATION 19,924 0.1% 689 LASHWEDJ DISTRIBUTORS 17,483 0.1%
485 MATABELELAND TRACTOR SERVICES 21,855 0.1% 591 ELICAVY ENERGY AND TECHNOLOGIES 19,920 0.1% 690 ROCKODOX MINERALS 17,469 0.1%
486 FRAMPOL INVESTMENTS (PVT) LTD 21,829 0.1% 592 COSPHARM INVESTMENTS PRIVATE LIMITED 19,909 0.1% 691 INDALE ENTERPRISES PRIVATE LIMITED 17,466 0.1%
487 PAN CLEANING SERVICES 21,775 0.1% 593 TRANSYS SOLUTIONS 19,900 0.1% 692 LENGRACE SOLUTIONS (PVT) LTD 17,465 0.1%
488 RISINGSTAR MOTORS P/L 21,750 0.1% 594 SHERWOOD PARK ESTATE PVT LTD 19,895 0.1% 693 CRAIG COMPUTERS (PVT) LTD 17,465 0.1%
489 RENON INVESTMENTS PVT LTD 21,735 0.1% 595 VORDIM TRADING PVT LTD 19,894 0.1% 694 OLYMPIUS INVESTMENTS 17,464 0.1%
490 MAYAMA TRADING 21,714 0.1% 596 ISIZWE INFINITY PROJECTS 19,893 0.1% 695 DATA CARE CORPORATION PVT LTD 17,445 0.1%
491 UMBINGTON TRADING PVT LTD 21,702 0.1% 597 LAKE HARVEST DISTRIBUTION PL 19,873 0.1% 696 BAPEE INVESTMENTS PVT LTD 17,443 0.1%
492 KANPROOF INVESTMENTS 21,700 0.1% 598 BULLION HEALTHCARE (PVT) LIMITED 19,850 0.1% 697 RAY WALT TRADING 17,426 0.1%
493 HOZMA ENTERPRISES PVT LTD 21,639 0.1% 599 KARIMBA ESTATES JOINT VENTURE 19,849 0.1% 698 VELYSCIN INVESTMENTS 17,419 0.1%
494 FLEXIMARBLE INVESTMENTS 21,589 0.1% 600 LAUSIDE TRADING 19,820 0.1% 699 DUSKY PHARMACY 17,408 0.1%
495 PALMLIFE PL 21,588 0.1% 601 BRIDGE TELECOMS PRIVATE LIMITED 19,813 0.1% 700 AUTOCONTROL SYSTEMS PVT LTD 17,397 0.1%
496 LOGIXTA ZIM PVT LTD 21,580 0.1% 602 DENZAMB HOLDINGS PRIVATE LIMITED 19,775 0.1% 701 COMMUTA WIRELESS PVT LTD 17,371 0.1%
497 DREAMGIN INVESTMENTS 21,564 0.1% 603 ZIMBABWE VETERINARY IMPORTS 19,754 0.1% 702 LETABA ZIMBABWE 17,365 0.1%
498 PROCLASSIC TRADING 21,547 0.1% 604 PRODISTRIBUTION PVT LTD 19,750 0.1% 703 DISO TRADING PL 17,364 0.1%
499 INSTINCT RISK ADVISORY SERVICES 21,508 0.1% 605 KATANGA SERVICE STATION 19,750 0.1% 704 SQUIDOL ENTERPRISES 17,361 0.1%
500 CAPITAL TIMBERS P/L 21,493 0.1% 606 LEEDSWORK ENTERPRISES 19,738 0.1% 705 HARDMONDS ENGINEERING 17,355 0.1%
501 TRILLVILLE INVESTMENTS 21,460 0.1% 607 HAMA TRADE CORPORATION 19,737 0.1% 706 GLENTYRE RESOURCES 17,346 0.1%
502 TYRE CLUB FITMENT CENTRE PVT LTD 21,444 0.1% 608 HARVGOOD 19,704 0.1% 707 BLINART INVESTMENTS 17,342 0.1%
503 FAVENT INVESTMENTS 21,426 0.1% 609 NATTAWALVANE INVESTMENTS 19,700 0.1% 708 YOBRITI INVESTMENTS 17,330 0.1%
504 INOPREC LOGISTICS PVT LTD 21,401 0.1% 610 BEST SOUTHERN DRILLING SUPPLIES 19,660 0.1% 709 VANEENE INVESTMENTS 17,329 0.1%
505 LEXTRAD SERVICES (PVT) LTD 21,400 0.1% 611 DENDYDESH 19,656 0.1% 710 MOBILE KENTUCKY 17,321 0.1%
506 ECCODRIVE P/L 21,395 0.1% 612 SUNPOINT ENTERPRISES 19,632 0.1% 711 PAM PHARMACEUTICALS 17,308 0.1%
507 CHRONOLOGY RESOURCES P/L 21,380 0.1% 613 BATEMAN WATER ZIMBABWE 19,611 0.1% 712 TEEZIK PVT LTD 17,297 0.1%
508 OGPACK ENERGY (PVT) LTD 21,280 0.1% 614 W & E SILKS PVT LTD 19,605 0.1% 713 SUBSAHN ENTERPRISES 17,282 0.1%
509 OPEN CURVE INVESTMENTS PRIVATE LIMITED 21,273 0.1% 615 LOADRITE INVESTMENTS PRIVATE LIMITED 19,604 0.1% 714 ISLAND MINERALS PVT LTD 17,275 0.1%
510 INFITRADE PVT LTD 21,250 0.1% 616 TIMOTHY MZONDIWA 19,594 0.1% 715 SIRDAR MANUFACTURERS & PLEATERS 17,274 0.1%
511 FARLLOY TRADING (PVT) LTD 21,250 0.1% 617 RUVALE RANCHING 19,585 0.1% 716 BEATERS SHOP 17,259 0.1%
512 WRAPRITE PVT LTD 21,232 0.1% 618 AFRI TRUCK AND TRAILERS SPARES 19,560 0.1% 717 RARESPOT INVESTMENTS PVT LTD 17,258 0.1%
513 DEPEND ON IT (PVT) LTD 21,182 0.1% 619 JESTER MEDIA SERVICES 19,537 0.1% 718 MIKE APPEL HOLDINGS 17,231 0.1%
514 WILLSGROVE FARM ENTERPRISES 21,134 0.1% 620 WILLCHART ENTERPRISES (PVT) LTD 19,498 0.1% 719 HAPPYYEAR INVESTMENTS 17,208 0.1%
515 PHILP & WATSON PLANT HIRE 21,120 0.1% 621 FINTZ INVESTMENTS 19,436 0.1% 720 ORBANVILLE INVESTMENTS 17,200 0.1%
516 VEINMAT ENTERPRISES 21,052 0.1% 622 POWERSTAR INVESTMENTS 19,408 0.1% 721 DOSBAI INVESTMENTS 17,187 0.1%
517 SPEEDLINE MARKETING PVT LTD 21,023 0.1% 623 LOPDALE ENERGY (PVT) LTD 19,245 0.1% 722 GATEMASTER INVESTMENTS 17,156 0.1%
518 FLESK FRESH PBC 21,000 0.1% 723 CONANT HOLDINGS PVT LTD 17,142 0.1%
519 SCHINDWE LIFTS ZIMBABWE P/L 20,906 0.1% 724 COCHRANE PUMP ZIMBABWE
520 ROADBELT INVESTMENTS 20,905 0.1%
521 FOUNTAIN PROCESSORS PRIVATE LIMITED
522 SHAPE IT ADHESIVES

NewsHawks Page 43

Issue 76, 15 April 2022

NO. BIDDER AMOUNT NO. BIDDER AMOUNT NO. BIDDER AMOUNT
725 MURRAY RESOURCES (PVT) LTD ALLOTTED (US$) SHARE (%) ALLOTTED (US$) SHARE (%) ALLOTTED (US$) SHARE (%)
726 TOMBILL TRADING 826 MURREYS TRADING 927 EDEN VINE CONSTRUCTION
727 KREAMORN INVESTMENTS PRIVATE LIMITED 17,140 0.1% 827 HUGBARRY INVESTMENTS 15,000 0.05% 928 FORICHI ENTERPRISES (PVT) LTD 13,675 0.04%
728 HAYWOOD FREIGHT AND LOGISTICS 17,138 0.1% 828 JOHN SOLE 15,000 0.05% 929 GOLDAIR TECHNOLOGIES PRIVATE LIMITED 13,663 0.04%
729 ICECASH PRIVATE LIMITED 17,132 0.1% 829 LIBERTY MASHURA 15,000 0.05% 930 KWANELE INVESTMENTS PRIVATE LIMITED 13,650 0.04%
730 DAVIS & SHIRTLIFF ZIMBABWE 17,098 0.1% 830 KHULISANI PVT LTD 15,000 0.05% 931 RUZANDE RESOURCES 13,613 0.04%
731 BULAWAYO STEEL PRODUCTS 17,094 0.1% 831 ESKILL TRADING (PVT) LTD 15,000 0.05% 932 DEN TRANS P/L 13,550 0.04%
732 GREATSURE INVESTMENTS 17,069 0.1% 832 DEVINE OUTCOME 15,000 0.05% 933 EULONE INVESTMENTS 13,520 0.04%
733 SIBEKO ENERGY (PVT) LTD 17,028 0.1% 833 EASY BUSINESS TWO SIX THREE P/L 15,000 0.05% 934 COLTRONICS (PVT) LTD 13,500 0.04%
734 SACTORUM AGENCIES 17,028 0.1% 834 DAV NIX TRUCKS AND SPARES 15,000 0.05% 935 BIOPHARM PVT LTD 13,461 0.04%
735 EDWARD T MBWERA 17,020 0.1% 835 DEEP RIGHT INVESTMENTS 15,000 0.05% 936 STONY BROOK 13,454 0.04%
736 ENOCK CHITEKEDZA 17,020 0.1% 836 DOVEXIE INVESTMENTS PVT LTD 15,000 0.05% 937 RUCTURE FARMING PVT LTD 13,426 0.04%
737 KNELLER ENTERPRISES 17,000 0.1% 837 BRIDAL WARDROPE 15,000 0.05% 938 KAILIV ESTATES PRIVATE LIMITED 13,378 0.04%
738 PRIDE MUNATSIREYI MURENGWE 16,984 0.1% 838 BITUMEN RESOURCES 15,000 0.05% 939 MARY ELLEN FARM MANAGEMENT P/L 13,362 0.04%
739 PRIDE OF AFRICA EXPORTS P/L 16,938 0.1% 839 AXICORP 15,000 0.05% 940 POWEREX PVT LTD 13,345 0.04%
740 YUTOP PVT LTD 16,937 0.1% 840 DANDE AGRICULTURE (PVT) LTD 15,000 0.05% 941 SCHOOL SPORTS WEARHOUSE 13,300 0.04%
741 TARGET CAPITAL INVESTMENTS 16,891 0.1% 841 SLIGO FARM 14,997 0.05% 942 L C CHIN`ANGA 13,295 0.04%
742 WELLCROFT INVESTMENTS 16,875 0.1% 842 LJ & H VENTER 14,997 0.05% 943 PREVIEW INCORPORATED 13,225 0.04%
743 ATRAK PAINTS INVESTMENTS 16,862 0.1% 843 TONHOP INVESTMENTS 14,996 0.05% 944 EMMAND INVESTMENTS 13,200 0.04%
744 NEUTROLINK INVESTMENTS 16,857 0.1% 844 RITEON INVESTMENTS 14,995 0.05% 945 GARAQUIP PVT LTD 13,193 0.04%
745 PHARMANOVA PVT LTD 16,852 0.1% 845 EXTREME QUICK P/L 14,992 0.05% 946 MISTAL ENTERPRISES 13,050 0.04%
746 DUOPSTONE SERVICES (PVT) LTD 16,841 0.1% 846 ISHEUNESU CHAKA 14,991 0.05% 947 HOWESIT FARMING PRIVATE LIMITED 13,024 0.04%
747 UPPERMOST PROPERTIES 16,803 0.1% 847 AGRO ACRES INVESTMENTS 14,989 0.05% 948 TWM DIGITAL SOLUTIONS (PVT) LTD 13,023 0.04%
748 MARKET FORCE TRADING PVT LTD 16,799 0.1% 848 ZIMBABWE HEALTHCARE IMPORTS 14,988 0.05% 949 VAINONA RESOURCES 13,000 0.04%
16,790 0.1% 849 PANA MERA INVESTMENTS 14,983 0.05% 950 CATHYBRIGHT ENTERPRISES 13,000 0.04%
COMPOSTABLE ZIMBABWE T/A SUSTAINABLE 16,790 0.1% 850 DONALD SARURO 14,981 0.05% 12,995 0.04%
749 AFRICA 14,977 0.05% ORANGE SOLAR TECHNOLOGIES
750 FIRST PACK SERVICES P/L 16,790 0.1% DMANGOMA DISTRIBUTORS T/A LASERJET 951 PRIVATE LIMITED
751 BRAINWEST INVESTMENTS 16,779 0.1% 851 IMPRESSIONS 14,974 0.05% 952 HOMESEC ENTERPRISES 12,988 0.04%
752 ADVANCED CARTRIDGE TRADE 16,750 0.1% 852 MICHAEL FARAI MUNYAWARARA 14,970 0.05% 953 HILLNESTY INVESTMENTS P/L 12,969 0.04%
753 LAVANTE TRADING 16,750 0.1% 853 LOTBRANDS PRIVATE LIMITED 14,968 0.05% 954 AMES ENGINEERING 12,950 0.04%
754 DONABY INVESTMENTS 16,744 0.1% 854 APPOINTMENT CORPORATE ZIMBABWE 14,963 0.05% 955 OPEN GATES INTERNATIONAL (PVT) LTD 12,922 0.04%
755 MARTIN SIMBARASI 16,711 0.1% 855 TERRINIC INVESTMENTS PVT LTD 14,961 0.05% 956 JAMES JUTAS 12,907 0.04%
756 WOODMANIA 16,700 0.1% 856 ZIMBAGS INVESTMENTS PVT LTD 14,956 0.05% 957 ALTCOM COMPUTER SYSTEMS 12,863 0.04%
757 MAPPING AND GIS SOLUTIONS 16,692 0.1% 857 BARRIERTECH SERVICES 14,955 0.05% 958 NATIVE BRANDS 12,830 0.04%
758 GEOJAQ INVESTMENTS 16,616 0.1% 858 MEJURY MHEMBA 14,950 0.05% 959 ELECTOR MAFUNGA 12,818 0.04%
759 GWATA ENTERPRISES 16,561 0.1% 859 DROPVIEW INVESTMENTS PVT LTD 14,934 0.05% 960 JC RAYS PRIVATE LIMITED 12,815 0.04%
760 MULTI ACRE INVESTMENTS 16,539 0.1% 961 LWIZI LEGACY GROUP T/A LWIZI TOURS 12,807 0.04%
761 INFINITY GLOW 16,500 0.1% RENSFORD MANUFACTURING PRIVATE 14,922 0.05% 962 TIGERWEB P/L 12,797 0.04%
762 JAZZY ONE-TIME SOLUTIONS PL 16,500 0.1% 860 LIMITED 14,921 0.05% 963 USWITCH ENERGY 12,784 0.04%
763 BELMUND INVESTMENTS 16,500 0.1% 861 GOLD VALLEY INVESTMENTS 14,919 0.05% 964 FRANCEL TRADING (PRIVATE) LIMITED 12,750 0.04%
16,500 0.1% 862 SHAPETUDE INVESTMENTS 14,916 0.05% 12,750 0.04%
UNIVERSAL FURNISHERS T/A GENERAL 863 MARK MANOLIS SPORTS 14,915 0.05% TWENTY FIRST CENTURY BUILDING
764 BEDDING 16,496 0.1% 864 YANO MUSH 14,898 0.05% 965 CONTRACTORS PVT LTD 12,690 0.04%
765 SOLAR FAMILY ZIMBABWE 16,478 0.1% 865 MBUDUMA INVESTMENTS 14,882 0.05% 966 NEWLANDS DISTRIBUTORS 12,679 0.04%
766 REDMARK SERVICES 16,470 0.1% 866 ONE FISHERIES PVT LTD 14,880 0.05% 967 SAKIO INVESTMENTS (PVT) LTD 12,671 0.04%
767 ZIMBABWE PHARMACEUTICALS 16,436 0.1% 867 BRAIDWOOD INVESTMENTS 14,861 0.05% 968 EROZIM INV GROUP PVT LTD 12,600 0.04%
768 VISUAL PLASTICS (PVT) LTD 16,434 0.1% 868 SUPER ARMATURE WINDING AFRICA 14,855 0.05% 969 CSU TECHNOLOGIES (PVT) LTD 12,600 0.04%
769 PAMUSHANA AFRICA GROUP 16,425 0.1% 869 CONGATE ENTERPRISES 14,850 0.05% 970 POWERSTASH INVESTMENTS PVT LTD 12,584 0.04%
770 GRAYSON ROOFING 16,414 0.1% 870 LAPTOP WORLD 14,850 0.05% 971 BETTER BULK DISTRIBUTION COMPANY 12,560 0.04%
771 TALL BELL ELECTRONICS 16,400 0.1% 871 BLUEPHOENIX INVESTMENTS 14,847 0.05% 972 KRAIN LABORATORIES (PVT) LTD 12,559 0.04%
772 FORMULA CHEMICALS PVT LTD 16,391 0.1% 872 SEVIGNY ENTERPRISES T/A MARJEN 14,844 0.05% 973 SIGN ACES PVT LTD 12,533 0.04%
773 PALM PHARMA T/A MEDORANGE 16,385 0.1% 873 KARZA TECHNOLOGIES PVT LTD 14,842 0.05% 974 ZEUTERS INVESTMENTS 12,500 0.04%
774 SAPPS PHARMACEUTICALS 16,378 0.1% 874 MOMMIES ANGELS (PVT) LTD 14,828 0.05% 975 SAFETY DRIVER TRAINING PVT LTD 12,500 0.04%
775 ZIMBABWE GRAIN DRYERS 16,350 0.1% 875 DAECO 14,815 0.05% 976 SEBASTIAN DURKIN PVT LTD 12,500 0.04%
776 FAST WAY TRANSPORT 16,317 0.1% 876 PUREAGRI AFRICA LIMITED 14,810 0.05% 977 TATENDA SAFARIS 12,500 0.04%
777 SEAROVER INVESTMENTS (PRIVATE) LIMITED 16,268 0.1% 877 MAKO AFRICA 14,800 0.05% 978 SAMSTAG (PRIVATE) LIMITED 12,500 0.04%
778 ABC STOCKBROKERS (PRIVATE) LIMITED 16,223 0.1% 878 LARYSCOPE HEALTHCARE (PVT) LTD 14,797 0.05% 979 OLYMPUS ENERGY PVT LIMITED 12,500 0.04%
779 VLAMSTRO TECHNOLOGIES 16,211 0.1% 879 MYRIAD DEVELOPMENT 14,786 0.05% 980 NORTH QUEST PVT LTD 12,500 0.04%
780 NIRITA ENTERPRISES PRIVATE LIMITED 16,172 0.1% 880 BADHILL INCORPORATED 14,775 0.05% 981 MEKOR LIGHT INVESTMENTS 12,500 0.04%
781 AKIN INVESTMENTS 16,150 0.1% 881 AIRBOAT AFRICA PVT LTD 14,757 0.05% 982 LIDOSINE TRADING 12,500 0.04%
882 BEI AGRI PRIVATE LIMITED 14,733 0.05% 983 HADDASSAH ENGINEERING PVT LTD 12,500 0.04%
KATEKWE PETROLEUM T/A TANAKA 16,100 0.05% 883 PHARMACURE DISTRIBUTORS 14,709 0.05% 984 GOLDENCLEM PROPERTIES (PVT) LTD 12,500 0.04%
782 INVESTMENTS 16,060 0.05% 884 AVONDALE MEDICAL SURGERY 14,700 0.05% 985 GAMUCHIRAI KAHWITI CHIZHWENDE 12,500 0.04%
783 KIPEPEO UNBOUND PRIVATE LIMITED 16,047 0.05% 885 TREOAK HOLDINGS 14,700 0.05% 986 DEVINE MEAT PRODUCTS 12,500 0.04%
784 SPIRALS RESOURCES PVT LTD 16,026 0.05% 886 EAST GRINSTEAD P/L T/A IMPALA MOTOR 14,676 0.05% 987 CALVIN HANGAMA 12,500 0.04%
785 TOMLINK INVESTMENTS 16,000 0.05% 887 MULTI FAST INVESTMENTS 14,670 0.05% 988 BASELINE SEVEN PVT LTD 12,500 0.04%
786 MONDAIL COMMODITIES (PVT) LTD 15,952 0.05% 888 ELECTRA INSTALLATIONS 14,656 0.05% 989 BOTCARE ENTERPRISES 12,500 0.04%
787 UNIVERSAL RUBBER & HOSE PVT LTD 15,867 0.05% 889 WRITTEN CORD INVESTMENTS (PVT) LTD 14,633 0.05% 990 ARCH FUND PROPERTIES PVT LTD 12,500 0.04%
788 WORMHILL INVESTMENTS T/A EEZI POOL 15,854 0.05% 890 NATFORT INVESTMENTS PVT LTD 14,615 0.05% 991 ROCKRIGHT TRADERS 12,500 0.04%
789 FUTURE TIDE INVESTMENTS 15,804 0.05% 891 MUGABE AGINES 14,576 0.05% 992 TEOLAND PVT LTD 12,495 0.04%
790 TACHIB ENGINEERING 15,800 0.05% 892 MOTLANTE SOMA TRADING 14,536 0.05% 993 ARDERA AGRIBUSINESS PVT LIMITED 12,487 0.04%
791 MEYOS DISTRIBUTORS 15,786 0.05% 893 RISURGE ENGINEERING P/L 14,535 0.05% 994 JANE TAKAINDISA 12,485 0.04%
792 ACCURIDE TECHNOLOGIES 15,747 0.05% 894 HAZMART ENTERPRISES PVT LTD 995 WILTAN AFRICA 12,485 0.04%
793 TAVENGWA LOGISTICS 15,732 0.05% 14,511 0.05% 996 EDDY ROAD PBC 12,485 0.04%
794 PARKER PAINTS PVT LTD 15,624 0.05% MONTE ROSA INVESTMENTS P/L T/A 14,500 0.04% 997 CRADLAB PVT LTD 12,484 0.04%
795 ASSOCIATED NEWSPAPERS OF ZIMBABWE 15,480 0.05% 895 MONTE ROSA RECYCLING 14,500 0.04% 998 CANCRIT ENTERPRISES PRIVATE LIMITED 12,482 0.04%
796 WATERPOWER 15,462 0.05% 896 SMACPER PRINTING 14,500 0.04% 999 BLETTA ENTERPRISES 12,480 0.04%
797 GALLES INVESTMENTS P/L 15,372 0.05% 897 MOSES BERO 14,439 0.04% 1000 KYDMAN SECURITY 12,462 0.04%
798 HILART INVESTMENTS 15,313 0.05% 898 MOLLIA MAKONO 14,405 0.04% 1001 MOBILEPLUS (PRIVATE) LIMITED 12,462 0.04%
799 ERITA CHIGWIDA 899 HENRY HUGH MONTGOMERY 14,365 0.04% 1002 FORTUNE LOGIC PVT LTD 12,457 0.04%
15,306 0.05% 900 AFRITRACTORS ZIMBABWE 14,313 0.04% 1003 ZIMBABWE TRADE EXCHANGE (PVT) LTD 12,454 0.04%
YELLYN MECHANICAL POWER TRANSMISSION 15,291 0.05% 901 MUKWIZA RUMBIDZAI ENNIE 14,300 0.04% 1004 IMARA TRUSS & TIMBER COMPANY 12,452 0.04%
800 (PVT) LTD 15,285 0.05% 902 AMALGAMATED AFRICAN VENTURES 14,226 0.04% 1005 DENALI TRADING 12,437 0.04%
801 ABBIAMO TRADING P/L 15,215 0.05% 903 ADMIRABLE INVESTMENTS 14,215 0.04% 1006 SYMSCHIM INVESTMENTS 12,423 0.04%
802 FUTURE FOCUS ZIMBABWE 15,183 0.05% 904 OKPATECH INDUSTRIAL SUPPLIERS 14,200 0.04% 1007 NASH FURNITURES 12,396 0.04%
803 UNIFUR (PVT) LTD 15,161 0.05% 905 PROPER DISTRIBUTORS PVT LTD 14,194 0.04% 1008 NOCVINE ELECTRICAL SYSTEMS 12,394 0.04%
804 XINHANG INVESTMENTS P/L 15,154 0.05% 906 DASAPA PVT LTD 14,157 0.04% 1009 CITY FABRICATORS PVT LTD 12,389 0.04%
805 SHILOL AFRICA INVESTMENTS P/L 15,148 0.05% 907 FARAI CHISHIRI 14,133 0.04% 1010 BLUE CRUST INVESTMENTS 12,375 0.04%
806 TOP NUTRIE BRANDS 15,124 0.05% 908 BIDDULPHS REMOVAL AND STORAGE (1981) 14,100 0.04% 1011 BUBBLE COMMUNICATIONS P/L 12,370 0.04%
807 MOTOX ENTERPRISES 15,100 0.05% 909 DIGJET ENTERPRISES P/L 14,100 0.04% 1012 PATCH SOLUTIONS 12,369 0.04%
808 AMBERFIELDS INVESTMENTS 15,100 0.05% 910 KALORINA INVESTMENTS 14,098 0.04% 1013 GRAMSOL TRADING (PVT) LTD 12,362 0.04%
809 ZADA GRANITE BULAWAYO 15,092 0.05% 911 FACILITIES WAREHOUSE 14,010 0.04% 1014 INDUSTRIAL TECHNICAL EQUIPMENT 12,335 0.04%
810 RESTAPEDIC BEDDING 15,080 0.05% 912 GLOBANET CELLULAR 14,000 0.04% 1015 KYLCHIP INVESTMENTS PVT LTD 12,325 0.04%
811 FELRICH PAPER & PLASTICS P/L 15,034 0.05% 913 PURLEIGH INVESTMENTS PRIVATE LIMITED 13,979 0.04% 1016 ARAVAS PHARMACEUTICALS (PVT) LTD 12,322 0.04%
812 MALAYALAM MINING P/L 15,011 0.05% 914 COLPLANETS INVESTMENTS 13,961 0.04% 1017 NGODA BREWERIES 12,300 0.04%
813 INTROLAB ZIMBABWE 15,000 0.05% 915 PLATINUM HYGIENE PRIVATE LIMITED 13,907 0.04% 1018 EUROSTYLE TRADING P/L 12,294 0.04%
814 PATRIAL LOGISTICS 15,000 0.05% 916 VINTAGE KIDS 13,877 0.04% 1019 CRYSTAL GRAPHICS 12,290 0.04%
815 TIVAZ ENTERPRISES 15,000 0.05% 917 RACHICCO INVESTMENTS PVT LTD 13,853 0.04% 1020 HITBAY SANITATION SERVICES P/L 12,286 0.04%
816 VIDAMAC 15,000 0.05% 918 BELTS N HOSES PVT LTD 13,837 0.04%
817 TAP & GET TRADING PVT LTD 15,000 0.05% 919 TOTAL PROPERTY SOLUTIONS 13,750 0.04% SPENCER MUCHAMIRI (PVT) LTD 12,271 0.04%
818 TAPIWA JOEL FURUSA 15,000 0.05% 920 RIPLY INVESTMENTS 13,750 0.04% 1021 T/A SM DISTRIBUTORS 12,268 0.04%
819 SSCG 15,000 0.05% 921 SALOME MOTOR SPARES 13,750 0.04% 1022 TAKUPA TRANSPORTERS 12,250 0.04%
820 SANETUS SPIRIT (PRIVATE) LIMITED 15,000 0.05% 922 SOUFFLANT INVESTMENTS 13,734 0.04% 1023 TRANS EXPEDITE PVT LTD 12,248 0.04%
821 STANLEY CHIREMBA 15,000 0.05% 923 G AND T SCALE SERVICES 13,702 0.04% 1024 LUIPARDAL INVESTMENTS 12,235 0.04%
822 MULTAT INVESTMENTS (PVT) LTD 15,000 0.05% 924 TAONA PRODUCE 13,679 0.04% 1025 TWO WAY DYNAMICS INVESTMENTS 12,229 0.04%
823 MICHAEL ANDWELE 15,000 0.05% 925 TRUE NORTH INVESTMENTS 1026 OMAGORA ENTERPRISES 12,221 0.04%
824 MEMORY CHASARA 926 ELLINGTON HARUPERI 1027 RIVERSIDE POWER STATION PVT LTD
825 MAXIGATE BUSINESS

Page 44 NewsHawks

Issue 76, 15 April 2022

NO. BIDDER AMOUNT NO. BIDDER AMOUNT NO. BIDDER AMOUNT
ALLOTTED (US$) SHARE (%) ALLOTTED (US$) SHARE (%) ALLOTTED (US$) SHARE (%)
1028 TAYDINE INVESTMENTS 1129 SOLICITOR MUTENDI 1230 AFRICAN BULK LOGISTICS
1029 SHUBNIT INVESTMENTS 12,208 0.04% 1130 LIFETIME VENTURES 10,123 0.03% 1231 JEN TECHNOLOGIES P/L 9,968 0.03%
1030 VIBMONITOR CONTROL SYSTEMS 12,189 0.04% 1131 MARADES INVESTMENTS 10,105 0.03% 1232 THINKSTOCK INVESTMENTS 9,964 0.03%
1031 LABEL FLEX (PRIVATE) LIMITED 12,170 0.04% 1132 ROCHA BRANDS 10,080 0.03% 1233 ELITE COLLECTIONS (PVT) LTD 9,963 0.03%
1032 ARTISAN TRADING 12,145 0.04% 10,070 0.03% 1234 CRISPEN MAUTA MAWADZA 9,963 0.03%
1033 METRIC INDUSTRIAL SUPPLIERS PVT LTD 12,139 0.04% AFRISAHARA INCOPORATION T/A 1235 PRIME SOLE 9,961 0.03%
1034 AU NATURALE COSMETICS 12,128 0.04% 1133 AFRISAHARA MEDICAL 10,052 0.03% 1236 YALONG INVESTMENTS P/L 9,959 0.03%
1035 OAKWAY INVESTMENTS 12,089 0.04% 1134 TUMEKAA SERVICES 10,000 0.03% 1237 LIBERTY CLEAN CORPORATION 9,957 0.03%
1036 PULON LAND DEVELOPERS 12,085 0.04% 1135 WOODGALORE 10,000 0.03% 1238 RAYWALT TRADING 9,955 0.03%
1037 MWANAZIMBABWE INVESTMENTS PL 12,079 0.04% 1136 TRUSCATH LOGISTICS 10,000 0.03% 1239 DAYTONE INVESTMENTS 9,955 0.03%
1038 SAMMATO IMPORT AND EXPORT 12,077 0.04% 1137 ULTRAGRAND 10,000 0.03% 1240 EDMORE MAKANHA 9,954 0.03%
1039 GIRETHOP INVESTMENTS PVT LTD 12,073 0.04% 1138 TINASHE MHONDAMAPANGO 10,000 0.03% 1241 PUROIL TRADING 9,953 0.03%
1040 ARCHER ENGINEERING (PVT) LTD 12,050 0.04% 1139 TINOTENDA RICHARD BAKARE 10,000 0.03% 1242 GERALD CHINODA 9,952 0.03%
1041 FLETCHERS PRIVATE LIMITED 12,020 0.04% 1140 UNIGLADE INVESTMENTS 10,000 0.03% 1243 CARA BRANDS (PVT) LTD 9,951 0.03%
1042 LASTMARK VENTURES PL 12,008 0.04% 1141 TOK TIMBER P/L 10,000 0.03% 1244 EMPIRE FREIGHT 9,950 0.03%
1043 ATTWEB FARMING 12,000 0.04% 1142 THE SOLAR WAREHOUSE 10,000 0.03% 1245 SELBORNE LOGISTICS 9,950 0.03%
1044 NEWHOPE VENTURES 12,000 0.04% 1143 YUSHA ENTERPRISES (PVT) LTD 10,000 0.03% 1246 PIETER WILLEM MANUFACTURING (PVT) LD 9,950 0.03%
1045 NHONDOVA SHADRECK CALISTO 11,999 0.04% 1144 TINOTENDA TATENDA CHIRARA 10,000 0.03% 1247 YTDALI ENTERPRISES 9,950 0.03%
1046 VIRESH KEWADA SOLE TRADER 11,994 0.04% 1145 ZADA GRANITE GWERU P/L 10,000 0.03% 1248 BENNY LUWISI 9,946 0.03%
1047 ISOLUTIONS (PVT) LTD 11,982 0.04% 1146 TOUCH DISTRIBUTORS 10,000 0.03% 1249 MARVELOUS TECHNOLOGIES 9,946 0.03%
1048 EID ENTERPRISES (PVT) LTD 11,981 0.04% 1147 UNICORN TRADING (PVT) LTD 10,000 0.03% 1250 OBEY BVUTE 9,944 0.03%
1049 PARKVIEW PLASTICS 11,948 0.04% 1148 SAMS MOBILE POINT 10,000 0.03% 1251 EVELUCK SUPPLIES 9,941 0.03%
1050 EXTREMOS INCORPORATED 11,946 0.04% 1149 T & J RORKE GOLD (PVT) LTD 10,000 0.03% 1252 SAFEDRIVE MOTOR SPARES 9,939 0.03%
1051 HMC PVT LTD 11,944 0.04% 1150 SHELTON NHARI 10,000 0.03% 1253 CROSSTRACK INVESTMENTS PBC 9,939 0.03%
1052 MOSES DUBE 11,918 0.04% 1151 TAZVI PLANT 10,000 0.03% 1254 BENEDETTO TRADING (PRIVATE) LIMITED 9,931 0.03%
1053 FOZIMA 11,915 0.04% 1152 TATENDA M MBINDA 10,000 0.03% 1255 LIGHTHOUSE PRINT 9,931 0.03%
1054 AFRILINE HAULAGE 11,907 0.04% 1153 SCENT SEI P/L 10,000 0.03% 1256 PURPLE LILAC 9,930 0.03%
1055 BOPHELONG PROPERTIES PVT LTD 11,906 0.04% 1154 SINEWS INVESTMENTS 10,000 0.03% 1257 SATCHMORE 9,930 0.03%
1056 BEEZFLEX PVT LTD 11,903 0.04% 1155 SUNNY DAY CHRISTIAN PRIMARY SCHOOL 10,000 0.03% 1258 REDOAK CORPORATION (PVT) LTD 9,930 0.03%
1057 ASTER INDIGO 11,875 0.04% 1156 ROARING RIVER RANGE 10,000 0.03% 1259 PAULINE MAPIRI 9,923 0.03%
1058 BREEZEFLOW INVESTMENTS (PVT) LTD 11,800 0.04% 1157 RWENYU NYENGETERAI 10,000 0.03% 1260 GLOBAL BOLTS 9,923 0.03%
11,786 0.04% 1158 S MWALE 10,000 0.03% 1261 NESTANET PVT LTD 9,921 0.03%
KERSROCK MINING PRIVATE LIMITED TA 1159 STARVIER POULTRY 10,000 0.03% 1262 DATACARE CORPORATION 9,918 0.03%
1059 HARDROCK MINING TOOLS 11,775 0.04% 1160 OCTABRIDGE INVESTMENTS 10,000 0.03% 1263 WOODLOT TIMBERS PVT LTD 9,915 0.03%
1060 FEMINA GARMENTS 11,771 0.04% 1161 PEST CLEAN SERVICES 10,000 0.03% 1264 PASI FLOORING P/L 9,911 0.03%
1061 TROPICANA COMMODITY BROKERS 11,750 0.04% 1162 RACHAEL PFUNGWA KACHAYI 10,000 0.03% 1265 POSTPACK ENTERPRISES 9,907 0.03%
1062 ALLGREAT INVESTMENTS 11,750 0.04% 1163 PERFECT SPROUT 10,000 0.03% 1266 TANMAC TRADING P/L 9,904 0.03%
1063 RAKITEN SOLAR ENERGY SYSTEMS 11,748 0.04% 1164 PEOPLE`S OWN SAVINGS BANK 10,000 0.03% 1267 STADIC DISTRIBUTORS 9,900 0.03%
1064 LYNATECH MARKETING PVT LTD 11,730 0.04% 1165 POWER SEVEN INVESTMENTS 10,000 0.03% 1268 FLOWERUE ENTERPRISES 9,900 0.03%
1065 GM TARPAULINS PVT LTD 11,728 0.04% 1166 LUNGANI NYAMAZANA 10,000 0.03% 1269 BIVETY INVESTMENTS PVT LTD 9,900 0.03%
1066 O. INDUSTRIAL CODING SOLUTIONS (PVT) LTD 11,700 0.04% 1167 MERLIN LOGISTICS 10,000 0.03% 1270 AGRIVI OPEN MINING P/L 9,900 0.03%
1067 MIKE BILLION PVT LTD 11,533 0.04% 1168 MSIPA CEPHAS MANDLENKOSI 10,000 0.03% 1271 CHT ZIMBABWE 9,900 0.03%
1068 DURO PARTS 11,465 0.04% 1169 MICROWAREHOUSE P/L 10,000 0.03% 1272 NIGEL FROST 9,900 0.03%
1069 MIDLAND ACRES 11,350 0.04% 1170 MILTON MUNODAWAFA 10,000 0.03% 1273 COMPULINK SYSTEMS (PVT) LTD 9,899 0.03%
1070 CHENGETO INVESTMENTS P/L 11,350 0.04% 1171 MASIYE MOYO AND ASSOCIATES 10,000 0.03% 1274 RSC FARMING (PVT) LTD 9,897 0.03%
1071 THABANI DUBE 11,314 0.04% 1172 MOSES CHIKIWA 10,000 0.03% 1275 SKYCLARE ENTERPRISES 9,894 0.03%
1072 DANI ANGELS INVESTMENTS 11,288 0.04% 1173 MIRIAM MUNYAWARARA 10,000 0.03% 1276 BRIAN C HODZA 9,890 0.03%
1073 MAYBE SIMBISAI NYAMUPACHITU 11,250 0.03% 1174 NICOLE TAIZIVEI MUZADZI 10,000 0.03% 1277 MUTIZE LOCKSMITH 9,889 0.03%
1074 NEWTELLA INVESTMENTS 11,250 0.03% 1175 KENNEDY MASWAURE 10,000 0.03% 1278 JAMMIN CONSOLIDATED SOLUTIONS PVT LTD 9,888 0.03%
1075 LIMVER TRADING PRIVATE LIMITED 11,250 0.03% 1176 LIGHTGROOVE INVESTMENTS P/L 10,000 0.03% 1279 MOSHULU GRAIN 9,887 0.03%
1076 CRAMWELL INVESTMENTS 11,250 0.03% 1177 L PAWANDIWA 10,000 0.03% 1280 UNICROFT INVESTMENTS 9,877 0.03%
1077 DENDORF TRADING 11,200 0.03% 1178 KALYPTA INVESTMENTS 10,000 0.03% 1281 CLIMZONE TRADING (PVT) LTD 9,873 0.03%
1078 VITA NOVA PVT LTD 11,191 0.03% 1179 INCYTE INVESTMENTS (PVT) LTD 10,000 0.03% 1282 GLOBCON INDUSTRIAL PRIVATE LIMITED 9,869 0.03%
1079 FOREST LODGE FLOWERS 11,171 0.03% 1180 HUALIN INVESTMENTS PVT LTD 10,000 0.03% 1283 GEMINI CONTINENTAL PRIVATE LIMITED 9,865 0.03%
1080 SILICOADE CAPITAL 11,118 0.03% 1181 GRIDADA TARWIREYI 10,000 0.03% 1284 RITA JAISON 9,865 0.03%
1081 ECOSURGI (PVT) LTD 11,110 0.03% 1182 G-TECH FUELS AND LUBRICANTS 10,000 0.03% 1285 SAUL CHINANGA 9,864 0.03%
1082 ECTECH TRADING 11,075 0.03% 1183 HASHTAG WORLD PVT LTD 10,000 0.03% 1286 CHAMPION CHIWARA 9,860 0.03%
1083 CORKED SPIN INVESTMENTS PVT LTD 11,021 0.03% 1184 GOOD PALM INVESTMENTS 10,000 0.03% 1287 LEDDMARK TRADING 9,860 0.03%
1084 FIFTY PACK INVESTMENTS 11,006 0.03% 1185 GREGYMAG INVESTMENTS 10,000 0.03% 1288 STAR SAFETY 9,844 0.03%
1085 ZALANDO INVESTMENTS PRIVATE LIMITED 11,000 0.03% 1186 GILL NORMA GUTHRIE 10,000 0.03% 1289 PUNGWE B POWER STATION PVT LTD 9,841 0.03%
1086 JOSEPH DESHE 10,998 0.03% 1187 GREENPOWER HOLDINGS 10,000 0.03% 1290 EXCURLIBUR GAS PVT LTD 9,833 0.03%
1087 SARAYU INCOPORATED 10,970 0.03% 1188 DIVINE VISITATION P/L 10,000 0.03% 1291 SOUTHERN INCINERATION SERVICES 9,832 0.03%
1088 MERRYLIGHT ENTERPRISES (PVT) LTD 10,953 0.03% 1292 RED DANE AGRI SOLUTIONS 9,827 0.03%
1089 ROAD ANGELS PVT LTD 10,945 0.03% CONCORD CONSTRUCTION 10,000 0.03% 1293 WINDFIELD PROPERTIES 9,821 0.03%
1090 BMG MINING PVT LTD 10,941 0.03% 1189 COMPANY (PVT) LTD 10,000 0.03% 1294 BRANDAGRO PVT LTD 9,818 0.03%
1091 ROSELIN NCUBE 10,900 0.03% 1190 COMFORT DEWA 10,000 0.03% 1295 P RUPENDE 9,815 0.03%
1092 CFAO MOTORS ZIMBABWE 10,878 0.03% 1191 DENFORD SMART MAUPAH 10,000 0.03% 1296 PANASHE ELECTRICAL PRIVATE LIMITED 9,801 0.03%
1093 YETHUKANI MOTORS PRIVATE LIMITED 10,862 0.03% 1192 CLEAN BOX PRIVATE LIMITED 10,000 0.03% 1297 KURU MEDICAL PROVIDERS 9,800 0.03%
1094 SAMPIAN ZIMBABWE (PVT) LTD 10,721 0.03% 1193 DENAGU 10,000 0.03% 1298 AGRIFORCE (PVT) LTD 9,797 0.03%
1095 ALPHA PACKAGING (PVT) LTD 10,692 0.03% 1194 CHOICE BRANDS 10,000 0.03% 9,792 0.03%
1096 NAMMLINK FARMS PRIVATE LIMITED 10,690 0.03% 1195 COMMODITY CONNECT PVT LTD 10,000 0.03% WILLGREEN INVESTMENTS T/A HEALTHMART
1097 SHIP TRACKS PVT LTD 10,653 0.03% 1196 CRYSTAL CANDY (PVT) LTD 10,000 0.03% 1299 PHARMACY 9,791 0.03%
1098 TWO STRIDE INVESTMENTS 10,621 0.03% 1197 CARLTON LOBO 10,000 0.03%
1099 MUKWE ANATHOLIA 10,595 0.03% 1198 BERYL TWENTY FOUR 10,000 0.03% EATRTH LOADERS SPARE PART T/A 9,790 0.03%
1100 SWITCH LIGHTING 10,576 0.03% 1199 BALM ENGINEERING 10,000 0.03% 1300 ESP CAPITAL 9,786 0.03%
1101 ALUMEN SHOPFITTERS 10,572 0.03% 1200 AKS LOGISTICS PVT LTD 10,000 0.03% 1301 MAK BOKANO CONTRACTING 9,766 0.03%
1102 TABITHA MERCHANTS PVT LTD 10,567 0.03% 1201 BEKEZELA MEMORY NKOMO 10,000 0.03% 1302 VOPTEP FARMING 9,764 0.03%
1103 NECST CONSULTING 10,543 0.03% 1202 ALBRITIM LOGISTICS PVT LTD 10,000 0.03% 1303 FINAD CONSULTANTS (PVT) LTD 9,759 0.03%
1104 FIRST BRANDS ZIMBABWE (PVT) LTD 10,540 0.03% 1203 CAFEBURY INCORPORATED 10,000 0.03% 1304 OPEN NETWORKS 9,754 0.03%
1105 PELCRAVIA ENTERPRISES 10,539 0.03% 1204 RANGARIRAI SIBANDA 9,999 0.03% 1305 TRUSTMORE DZINORUMA 9,754 0.03%
1106 PROBRANDS (PVT) LTD 10,531 0.03% 1205 CELESTINE GADZIKWA 9,998 0.03% 1306 LENIN MUTANGARA 9,750 0.03%
1107 MWAZODA TSAPAYI 10,525 0.03% 1206 IMPERIAL PLASTICS PRIVATE LIMITED 9,998 0.03% 1307 ORIENTAL TOWERS 9,749 0.03%
1108 GLADMAN CHIPIDZA 10,521 0.03% 1207 E.F.E COMMODITIES (PVT) LTD 9,997 0.03% 1308 TOBS STRONG 9,727 0.03%
1109 AGRISWISS ZIMBABWE PVT LTD 10,512 0.03% 1208 ZVICHAUYA MUGWEDE 9,997 0.03% 1309 NEW AVAKASH INTERNATIONAL (PVT) LTD 9,724 0.03%
1209 DOUGLAS CHENDAMBUYA 9,996 0.03% 1310 AEROMAT TRADING 9,722 0.03%
PHOENIX CONSOLIDATED INDUSTRIES LTD TA 10,510 0.03% 1210 ALEXANDER MARSH PRIVATE LIMITED 9,996 0.03% 1311 MAAMACS SOLAR SYSTEMS (PVT) LTD 9,710 0.03%
1110 WILLIAM SMITH AND GOUROCK 10,500 0.03% 1211 MANDEBVU CONTRACTING 9,995 0.03% 1312 WAVERLEY BLANKETS PRIVATE LIMITED 9,676 0.03%
1111 TARISAI CHAKURIRA 10,500 0.03% 1212 KALAHARI SOLAR FARMING 9,994 0.03% 1313 ZFN CAPITAL (PVT) LTD 9,671 0.03%
1112 PREMIER PEST CONTROL SERVICES 10,497 0.03% 1213 NETRADE COMMODITIES 9,992 0.03% 1314 BILLPAY PVT LTD 9,664 0.03%
1113 SAWIN INVESTMENTS 10,452 0.03% 1214 TAKANAYI MUREYI 9,991 0.03% 1315 BICESTER SERVICES T/A PRESTIGE PAINTS 9,650 0.03%
1114 CIRCLEPAK PL 10,448 0.03% 1215 ROUTEWILL MARKETING (PRIVATE) LIMITED 9,990 0.03% 1316 OPTICARE (PVT) LTD 9,641 0.03%
1115 SKYFAIR INVESTMENTS PVT LTD 10,366 0.03% 1216 ITT IDEAS ENTERPRISES (PVT) LTD 9,987 0.03% 1317 APPLIED ERNEGY 9,631 0.03%
1116 GARDENIA ENTERPRISES P/L 10,354 0.03% 1217 SYVERN INVESTMENTS 9,985 0.03% 1318 LYDIA MAURO 9,630 0.03%
1117 POWERTROVE PVT LTD 10,344 0.03% 1218 GODFREY MANGEZI 9,983 0.03% 1319 RAYONI INVESTMENTS 9,605 0.03%
1118 TIGER BRAKE & CLUTCH PVT LTD 10,331 0.03% 1219 FIDDICH COMMODITY BROKERS PVT LTD 9,983 0.03% 1320 CLASSIC TOBACCO COMPANY (PVT) LTD 9,600 0.03%
1119 BRAINSCOPE INVESTMENTS 10,319 0.03% 1220 COLIN BLYTHE-WOOD 9,981 0.03% 1321 PRINTAW FOODS 9,600 0.03%
1120 GROUNDSWELL AFRICA PVT LTD 10,316 0.03% 1221 COMPETITIVE BRAND SHAPERS 9,981 0.03% 1322 BELARIS MAKONI 9,597 0.03%
1121 JUVILEDGE PVT LTD 10,306 0.03% 1222 HWINDI PVT LTD 9,980 0.03% 1323 RAYMOND YEKEYE 9,595 0.03%
1122 SHUMBA MONEY PVT LTD 1223 TARISAI ANGELINE MATIZANADZO 9,979 0.03% 1324 EAGLELINER COACHES 9,584 0.03%
10,273 0.03% 1224 OSHNESS MANGEZI 9,977 0.03% 1325 WAITIRI FARM 9,580 0.03%
HOLTDALE INVESTMENTS PVT LTD TA 10,265 0.03% 1225 INDUSTRIAL CHEMICAL IMPORTERS 9,970 0.03% 1326 COREVILLE TRADING 9,578 0.03%
1123 DOMBERA FARM 10,200 0.03% 1226 WATTLEFIELD ENGINEERS 9,970 0.03% 1327 TIPLONG TRADING (PVT) LTD 9,565 0.03%
1124 GOMBOLA 10,195 0.03% 1227 KAMU INNOVATION MART 9,969 0.03% 1328 RUTH CHIDO AND DANIEL TAPIWA CHIGUDU 9,557 0.03%
1125 CHICAGO COSMETICS 10,168 0.03% 1228 PEPPERTREE TRADING (PVT) LTD 9,969 0.03% 1329 CLOCGAN TRADING PVT LIMITED 9,556 0.03%
1126 JONPRIS FOUNDATION 10,158 0.03% 1229 MAROCOURT ENTERPRISES 1330 QUANZA ENTERPRISES
1127 FIELD PROWESS
1128 STATEVICE ENTERPRISES PRIVATE LIMITED

NewsHawks Page 45

Issue 76, 15 April 2022

NO. BIDDER AMOUNT NO. BIDDER AMOUNT NO. BIDDER AMOUNT
ALLOTTED (US$) SHARE (%) ALLOTTED (US$) SHARE (%) ALLOTTED (US$) SHARE (%)
1331 TSANGA TIMBERS 1432 HANIX TRADING 1533 JJ BENATAR (PVT) LTD T/A DIESEL GEAR
1332 CITY GLASS & PAINT SUPPLIERS PVT LTD 9,546 0.03% 1433 BOLTON TINOTENDA NDAWANA 8,000 0.02% 1534 IT MERGE 7,500 0.02%
1333 ARTRIVERS WAREHOUSE GROUP P/L 9,512 0.03% 1434 MONALYNN ELECTRONICS 8,000 0.02% 1535 ELECTRONIC MARKET 7,500 0.02%
1334 NEWMAN MUSEVE 9,501 0.03% 1435 VANLEDGE INVESTMENTS 7,996 0.02% 1536 FAMATINA INVESTMENTS (PVT) LTD 7,500 0.02%
1335 LETWIN MAWIRE 9,500 0.03% 1436 KEVIN GRAHAM FRANCEYS 7,994 0.02% 1537 FIELDWORTH INVESTMENTS 7,500 0.02%
1336 JAMES MUSHORE 9,500 0.03% 1437 MANUCLEPT INVESTMENTS 7,992 0.02% 1538 FORIVES TRADERS 7,500 0.02%
1337 FAIR STREAM INVESTMENTS 9,500 0.03% 1438 EXCEPTIONAL IMPRESSIONS PVT LTD 7,980 0.02% 1539 ESVEE (PRIVATE) LIMITED 7,500 0.02%
1338 DROIT POTEZ INVESTMENTS 9,500 0.03% 1439 DEE CONSULTANTS 7,980 0.02% 1540 GODIMA ENERGY 7,500 0.02%
1339 AMJEBY AGRICULTURAL ENTERPRISES 9,500 0.03% 1440 BALD TELECOMS 7,977 0.02% 1541 GIANT WRAP (PVT) LTD 7,500 0.02%
1340 SAIWIT HOLDINGS (PVT) LTD 9,474 0.03% 1441 SIMON NYAZENGA 7,956 0.02% 1542 HEADBOLLS INVESTMENTS PRIVATE LIMITED 7,500 0.02%
1341 SYLPAR TRADIND P/L 9,460 0.03% 1442 IDTECH DIAGNOSTIC 7,947 0.02% 1543 HENFIELDS INCORPORATED PVT LTD 7,500 0.02%
1342 SIDUDUZILE NTOMBIE 9,453 0.03% 1443 LINRIK ENTERPRISES PVT LTD 7,947 0.02% 1544 GOLDTECH INVESTMENTS 7,500 0.02%
1343 DYNAMIC CAR WASH P/L 9,426 0.03% 1444 INFOCRAFT PVT LTD 7,947 0.02% 1545 HEKTOR INVESTMENTS 7,500 0.02%
1344 COOL SOLAR PVT LTD 9,425 0.03% 1445 LAB ASSIST ZIMBABWE 7,945 0.02% 1546 DREAMJEAN PVT LTD 7,500 0.02%
1345 BHUNHU HAULAGE PVT LTD 9,420 0.03% 1446 TONDERAI CHINYATI 7,935 0.02% 1547 DITAMAL INVESTMENST PVT LTD 7,500 0.02%
1346 DAMARIS INVESTMENTS 9,390 0.03% 1447 FRANCIS NYASHANU 7,933 0.02% 1548 CHECKERED TECHNOLOGIES 7,500 0.02%
1347 AVRIL JOSEPH 9,342 0.03% 1448 KATS ENTERPRISES (PVT) LTD 7,933 0.02% 1549 CENOVAM INVESTMENTS (PVT) LTD 7,500 0.02%
1348 SQUAREMARK INVESTMENTS 9,321 0.03% 1449 SCENTPRO ENTERPRISES 7,931 0.02% 1550 EIGHTY FOUR DYNAMICS (PVT) LTD 7,500 0.02%
1349 GREENEYE MARKETING 9,314 0.03% 1450 HENOCK RANCHING 7,924 0.02% 1551 CAPEVALLEY PROPERTIES 7,500 0.02%
1350 STANLEY MATIZA 9,314 0.03% 1451 NDABA NDHLOVU 7,910 0.02% 1552 CREDENCE INVESTMENTS PVT LTD 7,500 0.02%
1351 DEAN MUSIIWA 9,313 0.03% 1452 TRANSHAUL PVT LTD 7,905 0.02% 1553 ALYSASH ENTERPRISES (PVT) LTD 7,500 0.02%
1352 ABIEGAIL CHITIZA 9,300 0.03% 1453 FIFTY NINE FIFTY PVT LTD 7,900 0.02% 1554 ANCHOR PART PVT LTD 7,500 0.02%
1353 FAIR VALUE INVESTMENTS 9,296 0.03% 1454 MEDICINESHOPPE PVT LTD 7,892 0.02% 1555 AGROVET AGRICULTURE 7,500 0.02%
1354 FIRST RINDAZ INVESTMENTS 9,200 0.03% 1455 FORTUNATE R G DAMBAZA 7,866 0.02% 1556 ASPECT MINING 7,500 0.02%
1355 RIPTILL (PVT) LTD 9,189 0.03% 1456 KRYSTAL TEES INVESTMENTS PVT LTD 7,824 0.02% 1557 ADELANTE AFRICA GROUP 7,500 0.02%
1356 FURBANK TRADING (PVT) LTD 9,157 0.03% 1457 ROBSON MAREDZA 7,817 0.02% 1558 BROADMADE APARTMENTS 7,500 0.02%
1357 WARDSTORE ENTERPRISES 9,151 0.03% 1458 PRAISE ZENGEYA 7,800 0.02% 1559 BAYSHAFT ENTERPRISES PVT LTD 7,500 0.02%
1358 YO BRANDS PVT LTD 9,121 0.03% 1459 CERATREX ENTERPRISES 7,800 0.02% 1560 AYSHA ISMAIL MOHMED MOOSA 7,500 0.02%
1359 LIGHTING WORLD (PVT) LTD 9,115 0.03% 1460 SHYLET MABAYA 7,778 0.02% 1561 WHIRLWYN TRADING 7,500 0.02%
1360 NYIKA JOTHAM 9,106 0.03% 1461 MELODY MUSODZA 7,777 0.02% 1562 TERRAMAK INVESTMENTS 7,500 0.02%
1361 FAMCHEM PVT LTD 9,082 0.03% 1462 LILY TENDAI MTUPA 7,776 0.02% 1563 SUBSRIBE KINGS 7,500 0.02%
1362 OPTIC ZIMBABWE 9,075 0.03% 1463 GIGABYTE CONSULTANTS 7,757 0.02% 1564 NOGGIN TRADING 7,499 0.02%
1363 HUMCOMP ENTERPRISES 9,073 0.03% 1464 ZIREVA RWATIPEDZA 7,754 0.02% 1565 EFE COMMODITIES (PVT) LTD 7,498 0.02%
1364 ALAN CHARLES INGRAM LOCK 9,070 0.03% 1465 MANSTOCK TECHNOLOGY 7,748 0.02% 1566 SPECTRUM ENGINEERING (PRIVATE) LIMITED 7,498 0.02%
1365 JORAM MUNIKWA 9,053 0.03% 1466 JOHN DILMITIS 7,734 0.02% 1567 COLDRO INVESTMENTS (PVT) LTD 7,498 0.02%
1366 BEVANDA GWARA 9,032 0.03% 1467 AFRICA FIRST DIAGNOSTICS SERVICES PVT LTD 7,730 0.02% 1568 SPRINT TECHNOLOGIES PRIVATE LIMITED 7,498 0.02%
1367 MICHAEL MAHACHI 9,010 0.03% 1468 RUDO LOVENESS MANJENGWA 7,701 0.02% 1569 ABRIGO PVT LTD 7,497 0.02%
1368 PROSPER TAPIWA CHIYANIKE 9,008 0.03% 1469 ORDERMALL INVESTMENTS P/L 7,650 0.02% 1570 PAUL MICHAEL MITCHELL 7,496 0.02%
1369 KOMISANI BALOYI 9,000 0.03% 1470 EVOLUTION MOVIES 7,645 0.02% 1571 QUBE MEDICAL PRODUCTS PL 7,496 0.02%
1370 SILICA MINING CONSUMABLES PVT LTD 9,000 0.03% 1471 COLUMBUS MCKINNON PVT LIMITED 7,643 0.02% 1572 VYAS WHOLESALERS 7,492 0.02%
1371 ASSIMUTA NYENGETERAYI RASHAI 8,991 0.03% 1472 ULTRA TEQUE SYSTEMS 7,639 0.02% 1573 AGEING REPACEMENT P/L 7,492 0.02%
1372 TROXINE TRADING PVT LTD 8,982 0.03% 1473 NEW SAHARA VENTURES 7,636 0.02% 7,492 0.02%
1373 EASY CAST TRADING 8,981 0.03% 1474 TERRIFIC TECH 7,630 0.02% ENERGY CONSUMABLES DISTRIBUTORS
1374 BULLION CONSTRUCTION (PRIVATE) LIMITED 8,960 0.03% 1475 ZEBRACRAFT PVT LTD 7,625 0.02% 1574 PRIVATE LIMITED 7,491 0.02%
1375 STARCARRIERS INVESTMENT P/L 8,938 0.03% 1476 SUNCROWN ESTATES PVT LTD 7,600 0.02% 1575 MIRABELLE COMPONENTS 7,490 0.02%
1376 OCEAN HYBRID T/A HYBRID TAXIS 8,919 0.03% 1477 KIJUSO INVESTMENTS 7,600 0.02%
8,896 0.03% 1478 GOAL LOGISTICS 7,600 0.02% CANNON MOTORS (PRIVATE) LIMITED T/A 7,485 0.02%
PHOENIX CONSOLIDATED INDUSTRIES T/A SCANDIA 1479 DUSTY TOM PRIVATE LIMITED 7,600 0.02% 1576 AMC NISSAN 7,485 0.02%
1377 STEEL AND WIRE 8,886 0.03% 1480 CADIOSIS ENTERPRISES PVT LTD 7,600 0.02% 1577 TAMALISE INVESTMENTS (PRIVATE) LIMITED 7,485 0.02%
1378 GROUND UP INVESTMENTS 8,886 0.03% 1481 COOLEY SOMSAK MEDICAL (PRIVATE) LIMITED 7,599 0.02% 1578 LIMITLESS INCORPORATION ZIMBABWE 7,483 0.02%
1379 AKHURU INVESTMENTS PVT LTD 8,870 0.03% 1482 HORTIHUB (PVT) LTD 7,598 0.02% 1579 GENZELL MINING PVT LTD 7,479 0.02%
1380 SHAUN DE SOUZA 8,853 0.03% 1483 BARRONSWAY INVESTMENTS 7,596 0.02% 1580 COTTON PRO COMPANY 7,479 0.02%
1381 POLYWRAP PACKAGING PVT LTD 8,850 0.03% 1484 BIGTULL INVESTMENTS PRIVATE LIMITED 7,594 0.02% 1581 SPECIALIST CORPORATE APPAREL 7,478 0.02%
1382 MEDLIVE MARKETING PRIVATE LIMITED 8,832 0.03% 1485 EXCEL MEDICAL GROUP 7,592 0.02% 1582 BRIAN LAWRENCE AND COMPANY (PVT) LTD 7,470 0.02%
1383 TONY HAVERCROFT 8,820 0.03% 1486 AGRIPEAK INCORPORATED 7,576 0.02% 1583 QUANTIC INVESTMENTS 7,464 0.02%
1384 EVER GAS PVT LTD 8,792 0.03% 1487 RUWANIKO INVESTMENTS PVT LTD 7,575 0.02% 1584 FLOWELL FARMING T/A FAIRHILL FARM 7,463 0.02%
1385 ROAD HAULIERS (PVT) LTD 8,787 0.03% 1488 CAROLINE GARMENTS PVT LTD 7,560 0.02% 1585 TAVENGWA LOGISTICS 7,463 0.02%
1386 NEDDIE DAISY GUVAMOMBE 8,781 0.03% 1489 WEBTEX 7,558 0.02% 1586 EURISKA INTERNATIONAL 7,462 0.02%
1387 MAGNITUDE ENTERPRISES 8,750 0.03% 1490 JORDAN FARMING (PVT) LTD 7,531 0.02% 1587 EXPERT CHOICE AGROCHEMICALS (PVT) LTD 7,460 0.02%
1388 KUBOTA ENGINEERING 8,750 0.03% 1491 MR NATHAN MANYIKA 7,527 0.02% 1588 MUSORO DOMBO (PVT) LTD 7,454 0.02%
1389 CHEM GROW 8,750 0.03% 1492 MBANDIX CUBE (PRIVATE) LIMITED 7,520 0.02% 1589 NALEDI LINDAROSE MAUNGANIDZE 7,438 0.02%
1390 ALZI ENGINEERING AND EQUIPMENT 8,750 0.03% 1493 JUSTINE CLOTHING 7,513 0.02% 1590 ARCHIBALD DZUMBIRA 7,421 0.02%
1391 TOURS INCLUSIVE PRIVATE LIMITED 8,742 0.03% 1494 PAYLOADS PVT LTD 7,512 0.02% 1591 TEKNIK TRADING (PVT) LTD
1392 JOSPHER CHIBISA 8,700 0.03% 1495 ETRITE ENTERPRISES 7,510 0.02% 7,420 0.02%
1393 KUTENDA MUKUYU 8,692 0.03% 1496 VETFARM SUPPLIES 7,502 0.02% FOOD NATIONWIDE (PVT) LTD T/A 7,415 0.02%
1394 SWEDEN CHISHAKA 8,676 0.03% 1497 TESTA CONCRETE TECHNOLOGY 7,500 0.02% 1592 FN DISTRIBUTORS
1395 MBUSI MLALAZI 8,648 0.03% 1498 THANKFUL TODDLERS (PVT) LTD 7,500 0.02% 1593 MISSING LINK PVT LTD 7,408 0.02%
1396 OKI PRINTERS (PVT) LTD 8,648 0.03% 1499 VELD-BELT INVESTMENTS 7,500 0.02% 7,406 0.02%
1397 NYAMUKUTA COLLENCE 8,642 0.03% 1500 TINPAN INVESTMENTS 7,500 0.02% MONTERO TRADING INTERNATIONAL 7,402 0.02%
1398 JACA -TECH SYSTEMS 8,600 0.03% 1501 TIMBER AND BOARDS CENTRE 7,500 0.02% 1594 (PVT) LIMITED 7,380 0.02%
1399 HENRICHS MACHEKE 8,600 0.03% 1502 TRUSTWEB 7,500 0.02% 1595 EDNA MUKURAZHIZHA 7,380 0.02%
1400 AVANOS ENTERPRISES 8,600 0.03% 1503 WORKSHOPLINKSTAX 7,500 0.02% 1596 SYNDICATED RESOURCES 7,380 0.02%
1401 LILIAN TAFADZWA KACHERE 8,596 0.03% 1504 UNITED IMPACT INVESTMENTS 7,500 0.02% 1597 SAMNA LIQUORS PVT LTD 7,374 0.02%
1402 METBANK LIMITED 8,595 0.03% 1505 ZACKS ELCTRONICS (PVT) LTD 7,500 0.02% 1598 PATRICK CHIKOSHA 7,370 0.02%
1403 ALEX MAKAMURE 8,580 0.03% 1506 SENDAGO LOGISTICS (PVT) LTD 7,500 0.02% 1599 JUNIAS TINASHE NHERERA 7,352 0.02%
1404 OLIVER SIGAUKE 8,566 0.03% 1507 STAVIER POULTRY 7,500 0.02% 1600 PRAVALA PUMA ELECTRICAL 7,350 0.02%
1405 KARAMBA KAPONDORO 8,558 0.03% 1508 SOLAR ZERO ZONE TRADING ZIMBABWE 7,500 0.02% 1601 CARDENCE INVESTMENTS 7,343 0.02%
1406 STREAMFUND PVT LTD 8,539 0.03% 1509 SOLAR AID INCORPORATED (PVT) LTD 7,500 0.02% 1602 KOCEF INVESTMENTS PRIVATE LIMITED 7,332 0.02%
1407 PACKTRANS 8,525 0.03% 1510 RODWELL MUJUMI 7,500 0.02% 1603 AMPACK ZIMBABWE PVT LTD 7,332 0.02%
1408 NATALIE ZVIKOMBORERO NYAMBIYA 8,500 0.03% 1511 TAFIRENYIKA T MARONGWE 7,500 0.02% 1604 PERCOCET INVESTMENT PVT LTD 7,326 0.02%
1409 KAY BANDAL 8,461 0.03% 1512 POWERVISION (PVT) LTD 7,500 0.02% 1605 INVICTUS STEEL AFRICA 7,324 0.02%
1410 A MAWIRE 8,313 0.03% 7,500 0.02% 1606 STANDFAST CONTRACTORS (PVT) LTD 7,315 0.02%
1411 CHLOENDRA INVESTMENTS 8,300 0.03% RENOVA INFRASTRUCTURE PROJECTS 1607 EDWIN TIMOTHY SHANGWA 7,302 0.02%
1412 TYRES PLUS 8,298 0.03% 1513 PRIVATE LIMITED 7,500 0.02% 1608 SAVTAP INVESTMENTS 7,301 0.02%
1413 ZIMBABWE STOCK EXCHANGE LIMITED 8,298 0.03% 1514 NYASHA HOVE 7,500 0.02% 1609 SHAKA CONSTRUCTION PRIVATE LIMITED 7,295 0.02%
1414 SEAPRIDE FOODS PL 8,237 0.03% 1515 OKPATECH INDUSTRIAL SUPPLIERS 7,500 0.02% 1610 LABCRAFT TECHNOLOGIES PVT LTD 7,294 0.02%
1415 GIFT CHIROPA 8,217 0.03% 1516 QUEST HUB SOLUTIONS (PVT) LTD 7,500 0.02% 1611 HAUL IT PRIVATE LIMITED 7,275 0.02%
1416 SAHAI HAULAGE 8,180 0.03% 1517 METPOLE INVESTMENTS (PVT) LTD 7,500 0.02% 1612 NICKVIEW INVESTMENTS 7,240 0.02%
1417 EDWARD DONALD PHIRI 8,171 0.03% 1518 MARJORIE MADAMOMBE 7,500 0.02% 1613 L MANGWADU 7,236 0.02%
1418 WILBYJUM (PRIVATE) LIMITED 8,150 0.03% 1519 NEWTOUR INVESTMENTS 7,500 0.02% 1614 ROSJET INVESTMENTS PRIVATE LIMITED 7,233 0.02%
1419 JIMBA SAFARIS 8,131 0.03% 1520 NATIONAL BUILDING SOCIETY 7,500 0.02% 1615 DR GODFREY MUNGWADZI 7,232 0.02%
1420 HARANGA ENTERPRISES P/L 8,061 0.03% 1616 ITIEL ZINGWENA 7,229 0.02%
1421 KILWICK INVESTMENTS (PVT) LIMITED 8,055 0.02% MARTHA AND SON PHARMACEUTICAL 7,500 0.02% 1617 FERVID MARKETING PVT LTD 7,218 0.02%
1422 JENNIFA MASHINYA 8,023 0.02% 1521 INDUSTRIES 7,500 0.02% 1618 TICHAONA MABEZA 7,218 0.02%
1423 AARON CHAMUNORWA JANI 8,020 0.02% 1522 MADYA AGRIC PVT LTD 7,500 0.02% 1619 PENANEL TRADING 7,204 0.02%
1424 AMALGAMATED ENGINEERS 8,012 0.02% 1523 MACARIO HOLDINGS 7,500 0.02% 1620 TOPARCH SOLUTIONS 7,200 0.02%
1425 COLONY CARGO PVT LTD 8,012 0.02% 1524 MARSHAL NKOMO 7,500 0.02% 1621 VICTOR KUCHOCHA 7,200 0.02%
1426 TRYMORE TONDONDO 8,000 0.02% 1525 MT & N DISTRIBUTORS 7,500 0.02% 1622 THE ZIMBABE HOSIERY COMPANY 7,188 0.02%
1427 RUFARO ACQUILINA CHINAMO 8,000 0.02% 1526 KB DAVIES PVT LTD 7,500 0.02% 1623 REPOQUAD INVESTMENTS 7,180 0.02%
1428 POWADRIVE PVT LTD 8,000 0.02% 1527 LATISTA INVESTMENTS 7,500 0.02% 1624 CHISELLER SERVICES PVT LTD 7,172 0.02%
1429 PATIENCE MAKURA 8,000 0.02% 1528 KHAN AND KARIM 7,500 0.02% 1625 LAMCAST REFRACTORIES 7,166 0.02%
1430 PLUM GLOBAL 8,000 0.02% 1529 KOMA ONIAS 1626 IGNATIOUS K KATSIDZIRA 7,160 0.02%
1431 KUTANGAKAMWE INVESTMENTS (PVT) LTD 8,000 0.02% 7,500 0.02% 1627 GRAND WOOD AND BOARDS 7,159 0.02%
LEMON AVOCADO COMMUNICATIONS 7,500 0.02% 1628 DR SHARAI SHAMU 7,151 0.02%
1530 AND MEDIA CO 7,500 0.02% 1629 MEDISTORE PHARMACEUTICALS P/L 7,150 0.02%
1531 INVESTIP HUB PVT LTD 1630 MICHAEL MUTASA 7,150 0.02%
1532 KHALIQ PHARMACY 1631 GATELEADER
1632 SYLVIA MASOHA
1633 LOVELYN ZIGORA

Page 46 NewsHawks

Issue 76, 15 April 2022

NO. BIDDER AMOUNT NO. BIDDER AMOUNT NO. BIDDER AMOUNT
ALLOTTED (US$) SHARE (%) ALLOTTED (US$) SHARE (%) ALLOTTED (US$) SHARE (%)
1634 DUE ORDER 1735 PORSHKAR INV TA SARGOM 1836 PURITY TRADING CO P/L
1635 GURU HARKRISHAN GLOBAL ZIMBABWE LTD 7,141 0.02% 1736 BOLTREC ENGINEERING 5,407 0.02% ASHY`S MOTORS & TANKER TRUCKS 4,996 0.02%
1636 HOSES AND SPARES 7,133 0.02% 1737 SEMEGAL INVESTMENTS (PVT) LTD 5,300 0.02%
1637 ADRIAN ZIDYA 7,131 0.02% 1738 GOERGEMOSE INVESTMENTS 5,284 0.02% 1837 (PRIVATE) LIMITED 4,996 0.02%
1638 ERNEST NYANGA 7,120 0.02% 1739 EMPOWERBANK LIMITED 5,281 0.02% 1838 PRIME SEASONS 4,995 0.02%
1639 FASTENERY HARDWARE 7,098 0.02% 1740 ARCHER INCORPORATED 5,240 0.02% 1839 PETACHE FIRST INVESTMENTS 4,995 0.02%
1640 LAUETTA INVESTMENTS PL 7,068 0.02% 1741 CONTINENTAL MILLERS PVT LTD 5,220 0.02% 1840 PATRICIA VENGESAYI 4,994 0.02%
1641 FLOOKTEX ENTERPRISES (PVT) LIMITED 7,065 0.02% 1742 ELLIOT AND NEPHEW (PVT) LIMITED 5,218 0.02% 1841 UNIHOLD INVESTMENTS 4,994 0.02%
1642 PANENYASHA AGRIC P/L 7,046 0.02% 1743 TRANSKINGZIM 5,212 0.02% 1842 FAIRHILL FARM 4,994 0.02%
1643 GRANIT OAK INVESTMENTS 7,000 0.02% 1744 LEANNY GAMUCHIRAI CHAKWATA 5,200 0.02% 1843 HARDSTOCK INVESTMENTS 4,991 0.02%
1644 DAMIYANA MUCHEPERE 7,000 0.02% 1745 GRID TRANSMISSION PVT LTD 5,200 0.02%
1645 DELTA FINANCIAL SERVICES 7,000 0.02% 1746 CLEMENTINA TARIRO JONASI 5,200 0.02% DOLLAR CRUSADERS AND SUPPLIES 4,991 0.02%
1646 COLLINS KABAIRA 7,000 0.02% 1747 MARGARET RASARA 5,191 0.02% 1844 PRIVATE LIMITED 4,990 0.02%
1647 THERESA CHURU 7,000 0.02% 1748 SARUDZAI CHAORA 5,188 0.02% 1845 MEGISTOS PVT LTD 4,990 0.02%
1648 FELISTAS CHIRAWU 6,998 0.02% 1749 MAKNEY ENTERPRISES (PVT) LTD 5,186 0.02% 1846 SAVANNAH MARKETING 4,990 0.02%
1649 GLEN MITCHELL PETERS 6,990 0.02% 1750 GRAINWELL FARM 5,184 0.02% 1847 MOHHAMED BADR SIDDIQUI 4,989 0.02%
1650 SABINA RUNGWAVE 6,981 0.02% 1751 TOGAREPI COSIMA 5,182 0.02% 1848 ADIMAS INVESTMENTS PVT LTD 4,989 0.02%
1651 LINDA BOPOTO 6,975 0.02% 1752 WESTMORELAND PROPERTIES 5,140 0.02% 1849 FRANCOIS JOHANNES DE KOCK 4,988 0.02%
1652 JOSEPH MAKOSA 6,970 0.02% 1753 MARITA KAHWEMA 5,109 0.02% 1850 RAYDEN INCORPORATED
1653 GLOBAL EXCLUSIVE SUPPLIES 6,959 0.02% 5,103 0.02% 4,987 0.02%
1654 DUMISANI PISTO MURINDAGOMO 6,952 0.02% VENTURE BOREHOLE DRILLING & MARSHALL FREIGHT FORWARDERS 4,987 0.02%
1655 BLESSINGS NDLOVU 6,950 0.02% 1754 EXPLORATIONS P/L 1851 PRIVATE LIMITED
1656 TINOS JOHANNES RUSHWAYA 6,950 0.02% 1755 TWINDALE ENTERPRISES P/L 5,100 0.02% 1852 SCIENTIFIC WORLD 4,986 0.02%
1657 ZIMHOST DEPARTMENT PVT LTD 6,923 0.02% 1756 SCANLINK PRIVATE LIMITED 5,100 0.02% 4,986 0.02%
1658 SKY PHARMACEUTICALS (PVT) LTD 6,915 0.02% 1757 RUSSELL GWAUNZA 5,100 0.02% KOMULO INVESTMENTS P/L 4,985 0.02%
1659 BONISAIR HELICOPTERS (PRIVATE) LIMITED 6,913 0.02% 1758 TAWBET (PVT) LTD 5,100 0.02% 1853 T/A TJAY MOTORS 4,982 0.02%
1660 AAROLIN TRADING PVT LTD 6,856 0.02% 1759 SIMBISAI SITHOLE 5,100 0.02% 1854 MHLOPENG NCUBE 4,980 0.02%
1661 JOYCE MAINA NYANYIRA-KANHIWA 6,847 0.02% 1760 PHILS AND PATS ENTERPRISES 5,100 0.02% 1855 GASAPP ZIMBABWE 4,979 0.02%
1662 NOMSA MANATSA 6,800 0.02% 1761 MOLVA PLASTICS 5,100 0.02% 1856 MARK STEPHEN BERGER 4,978 0.02%
1663 BINUM INVESTMENTS P/L 6,790 0.02% 1762 MASINIRE INCORPORATED (PVT) LTD 5,100 0.02% 1857 SIX HUNDRED ZIMBABWE 4,976 0.02%
1664 PUNGWE C POWER STATION PVT LTD 6,777 0.02% 1763 CLANCY MAKAZA 5,100 0.02% 1858 ARTHUR MUFUNDE 4,976 0.02%
1665 R KANYONGO 6,770 0.02% 1764 CEDAR PETROLEUM 5,091 0.02% 1859 FARAI MUNYAWARARA 4,975 0.02%
1666 JAYDEV SASHIKANT VAGHMARIA 6,767 0.02% 1765 MAMBO BEVERAGES LIMITED 5,090 0.02% 1860 TENGWA TRANSPORT (PVT) LTD 4,975 0.02%
1667 SCHOLASTIC MUNYIKWA 6,767 0.02% 1766 SHINGIRAI MUKOMBACHOTO 5,061 0.02% 1861 JAYDE CLACK 4,973 0.02%
1668 FIRST INSTRUMENTATION (PVT) LTD 6,750 0.02% 1767 LATMAK AGRICULTURE 5,040 0.02% 1862 WEST END CLINIC 4,971 0.02%
1669 DUMISANI MASUKU 6,750 0.02% 1768 VALLEY VISIONS 5,009 0.02% 1863 MORBMAN LOGISTICS PRIVATE LIMITED 4,970 0.02%
1670 AMANZI OASIS INCORPORATED 6,750 0.02% 1769 TRACKWIDE INVESTMENTS 5,000 0.02% 1864 ALTERNATE SUPPLY 4,968 0.02%
1671 CHUI PACK INVESTMENTS PVT LIMITED 6,737 0.02% 1770 TICHASIYANA MABOREKE 5,000 0.02% 1865 TRICKMUT COMPUTERS PRIVATE LIMITED 4,965 0.02%
1672 ALBANY SITHOLE 6,730 0.02% 1771 VAINO BOARDS PVT LTD 5,000 0.02% 1866 WMT PHARMACEUTICALS P/L 4,961 0.02%
1673 LOWORLD MEDIA 6,725 0.02% 1772 TOPTECH COMPUTERS 5,000 0.02% 1867 CHROMEBASE MINING PVT LTD 4,960 0.02%
1674 EVER DELIVER PVT LTD 6,715 0.02% 1773 TERRAWORLD INVESTMENTS 5,000 0.02% 1868 MONTGOMERY HOMESTEAD BRICKS 4,957 0.02%
1675 JEANETTE MAZONDE 6,700 0.02% 1774 UNBEVCO 5,000 0.02% 1869 VIRENDRAKUMAR RANCHOD 4,954 0.02%
1676 ISAYA PETER DUBE 6,678 0.02% 1775 TOTHEBURN TRADING 5,000 0.02% 1870 TENDAI T HANYANI 4,952 0.02%
1677 NDOMUPEYI CHIKONYE 6,666 0.02% 1776 SONDELANI RANCHING PL 5,000 0.02% 1871 EDENSWIFT INVESTMENTS PRIVATE LIMITED 4,951 0.02%
1678 LIVETOUCH INVESTMENTS 6,646 0.02% 1777 ROSELY ELECTRONINS 5,000 0.02% 1872 GALAXY GLOBAL 4,950 0.02%
1679 LINK OPTICAL 6,630 0.02% 1778 ROSYWOOD MAHEMU ESTATES 5,000 0.02% 1873 UNIVERSAL BAG 4,950 0.02%
1680 AQUA TOBACCO ZIMBABWE 6,601 0.02% 1779 SUN TO MOON INVESTMENTS 5,000 0.02% 1874 HOUGHTON PARK SERVICE STATION PVT LTD 4,950 0.02%
1681 WELLINGTON MAGARABA 6,600 0.02% 1780 SOUTHWOODS CHICKENS P/L 5,000 0.02% 1875 TLOZ INVESTMENTS 4,946 0.02%
1682 MACRO-TECH 6,597 0.02% 1781 STEPHEN ARCHIEFORD TARUONA 5,000 0.02% 1876 MR SIMBARASHE MHUNGU 4,942 0.02%
1683 RICHARD W A TENNANT 6,583 0.02% 1782 SALTAWAY ENTERPRISES (PVT) LTD 5,000 0.02% 1877 GLOFEX PVT LTD
6,550 0.02% 1783 OMEGA ENERGIES 5,000 0.02% 1878 NAKLON TRADING PVT LTD 4,941 0.02%
SETSAIL MANUFACTURERS PRIVATE LIMITED 1784 PETER SIGAUKE 5,000 0.02% 1879 GRATRIC TRADING 4,939 0.02%
1684 T/A SETQUIP TRADING 1785 PRIDE NYAMBIYA 5,000 0.02%
1685 SIFISO MUTEMA 6,550 0.02% 1786 PANKEYA INVESTMENT PRIVATE LIMITED 5,000 0.02% PRISTINE DISTRIBUTORS T/A PRISTINE 4,931 0.02%
1686 CHARLES CHONAPI SIZIBA 6,495 0.02% 1787 PRIME PALMER ZIMBABWE 5,000 0.02% 1880 TECHNOLOGIES
1687 JUDITH MUZHANDU 6,492 0.02% 1788 PLATINUM VISION CONTRACTORS PBC 5,000 0.02% 1881 HIGH DENSITY WAREHOUSE T/A OPEN HOUSE 4,928 0.02%
1688 EDMORE MAFUWE 6,431 0.02% 1789 OCTASAM INVESTMENTS 5,000 0.02%
1689 OREXTRACTION MINE PRIVATE LIMITED 6,400 0.02% 1790 NYASHA DUBE 5,000 0.02% STABLE TECHNOLOGIES T/A PANASONIC 4,921 0.02%
1690 BARBRA CHIVANDIRE 6,398 0.02% 1791 LOWNCRAFT ENTERPRISES 5,000 0.02% 1882 BUSINESS SYSTEMS 4,919 0.02%
1691 NUFESTO GROUP PRIVATE LIMITED 6,398 0.02% 1792 MHLETSHANA ESTATE 5,000 0.02% 4,909 0.02%
1692 MUNDAU FELIX HLAWI 6,395 0.02% 1793 MUBOKO ENTERPRISES 5,000 0.02% PRIMEPEP SERVICES PRIVATE LIMITED TA 4,905 0.02%
1693 PRIME DENTAL 6,390 0.02% 1794 MAWATANI JOHN MAPANI 5,000 0.02% 1883 TRADECOM AFRICA 4,900 0.02%
6,383 0.02% 1795 MINRES TRADING 5,000 0.02% 4,900 0.02%
CRONIMET MINING PROCESSING 1796 KEMGAUGE INVESTMENTS 5,000 0.02% ESP CAPITAL EQUIPMENT T/A EARTHLOADERS 4,898 0.02%
1694 ZIMBABWE P/L 6,358 0.02% 1797 HYPERADVICE PRIVATE LIMITED 5,000 0.02% 1884 PARTS EQUIPMENT 4,895 0.02%
1695 FLORENCE R MADAKE 6,300 0.02% 1798 LIMITLESS ENERGY 5,000 0.02% 1885 MUCHANETA NDACHENA 4,890 0.02%
1696 MAVIS MATSANGA 6,296 0.02% 1799 JOHANNES RUSHWAYA 5,000 0.02% 1886 LIVESTOCK IDENTIFICATION TRUST 4,886 0.02%
1697 PROFESSIONAL OPTICAL 6,292 0.02% 1800 KULUNGILE MINING 5,000 0.02% 1887 LOGIKMIND PRIVATE LIMITED 4,880 0.02%
1801 LADGEN INVESTMENTS P/L 5,000 0.02% 1888 GEOHAM INVESTMENTS 4,879 0.02%
IAN BRADLEY & LEE-ANNE SUSAN 6,248 0.02% 1802 ITRO ENGINEERING 5,000 0.02% 1889 SAMELAND INVESTMENTS 4,878 0.02%
1698 DRUMMOND 6,195 0.02% 1803 HERITAGE TOBACCO HANDLERS (PVT) LTD 5,000 0.02% 1890 OSTELLE INVESTMENTS 4,875 0.02%
1699 TAWANDA MATEMBO 6,140 0.02% 1804 LABANTU RESOURCES (PVT) LTD 5,000 0.02% 1891 OSWELL TIGERE 4,875 0.02%
1700 RESHINA CHARMAINE JOHNSON 6,075 0.02% 1805 JECKSEN MAKARICHI 5,000 0.02% 1892 TIGERE OSWELL 4,857 0.02%
1701 MEAKIN MARANGE 6,010 0.02% 1806 KIDSMART PVT LTD 5,000 0.02% 1893 CBZ AGRO-YIELD (PVT) LTD 4,854 0.02%
1702 PALHA LAMBERTO & HERONDINA 6,000 0.02% 1807 INSPIRATION AFRICA ENTERPRISES 5,000 0.02% 1894 ENGINE AND TRANSMISSION WORLD 4,850 0.02%
1703 NOEFIRST INVESTMENTS 6,000 0.02% 1808 LEERITE INVESTMENTS PVT LTD 5,000 0.02% 1895 EASTERN FOREST 4,833 0.01%
1704 NASSEH INVESTMENTS 6,000 0.02% 1809 HYCHEM ZIMBABWE 5,000 0.02% 1896 MAKATA BANANAS P/L 4,821 0.01%
1705 BRITON MACHISI 6,000 0.02% 1810 ELIZABETH CHIGANZE 5,000 0.02% 1897 SANDRA WATAMBWA 4,821 0.01%
1706 BLUE WORLD INVESTMENTS 5,982 0.02% 1811 HENGARY INVESTMENTS PVT LTD 5,000 0.02% 1898 CHESTERTON INDUSTRIAL (PVT) LTD 4,808 0.01%
1707 LAZARUS MASAYA 1812 ELIZABETH MUSIMWA 5,000 0.02% 1899 STATPHARM (PVT) LTD 4,807 0.01%
5,974 0.02% 1813 EUNIDAR INVESTMENTS P/L 5,000 0.02% 1900 INFINITE ACCESS 4,800 0.01%
MILLENIUM METAL PRODUCTS & FOAM 5,945 0.02% 1814 FURISPOT PVT LTD 5,000 0.02% 1901 ARTHUR MUSHONGA 4,798 0.01%
1708 (PVT) LTD 5,897 0.02% 1815 DUBE FANUEL 5,000 0.02% 1902 MECHMAX ZIMBABWE 4,796 0.01%
1709 CHIVENDERA HOUSE OF ELEGANCE 5,884 0.02% 1816 CREGYMAG INVESTMENTS 5,000 0.02% 1903 MARS EARTH 4,789 0.01%
1710 PANGANAI SANANGURAI 5,820 0.02% 1817 CURTNER INVESTMENTS 5,000 0.02% 1904 ECO-SHELTER PVT LTD 4,788 0.01%
1711 MYNER KOTZE 5,786 0.02% 1818 BESTFY INVESTMENTS (PVT) LTD 5,000 0.02% 1905 LOGISTICS SERVICES ZIMBABWE PL 4,784 0.01%
1712 INNOMATZ MEDICAL PVT LTD 5,700 0.02% 5,000 0.02% 1906 W L MANAGEMENT 4,780 0.01%
1713 NAUME GWENHURE 5,691 0.02% ALPRESS INVESTMENTS T/A CHASPERS 1907 CASHVILLE INVESTMENTS 4,773 0.01%
1714 NICHOLAS NYAMAKUPI 5,647 0.02% 1819 TRANSPORT 5,000 0.02% 1908 WEST AGENCIES (PVT) LTD 4,762 0.01%
1715 REVCO 5,624 0.02% 1820 BARREL ENGINEERS & FOUNDERS 5,000 0.02% 1909 ZIMPEBBLES (PVT) LTD 4,760 0.01%
1716 LINTA RESOURCES PVT LTD 5,606 0.02% 1821 ANABYTE TRADING 5,000 0.02% 1910 CHRISTINE TENDAI MUMBIRE 4,754 0.01%
1717 LOYOLA JOSEPH RIBEIRO 5,580 0.02% 1822 BRETT VAN ROOYEN 5,000 0.02% 1911 CONTAK PVT LTD 4,754 0.01%
1718 HEALTHCHEM PHARMACEUTICALS 5,570 0.02% 1823 ARTIN INCORPORATION 5,000 0.02% 1912 MUKATI INVESTMENTS 4,737 0.01%
1719 MAKOMWE TRANSPORT & HARDWARE 5,504 0.02% 1824 BRIAN BERKHOUT 4,999 0.02% 1913 CENTRAL AFRICA DEVELOPMENT P/L 4,725 0.01%
1720 DAWN SITHABILE MAPOSA 5,500 0.02% 1825 SERENADE TECH COMPUTERS 4,999 0.02% 1914 INTERGRATED HYGIENE SYSTEMS 4,710 0.01%
1721 J MED SUPPLIES 5,500 0.02% 1826 BI-CARE MEDICALS PVT LTD 4,999 0.02% 1915 SHUMIRAYI M MAKARUSE 4,702 0.01%
1722 TPRIME ENERGY (PVT) LTD 5,499 0.02% 1827 MUSANDINANE EFFORT 4,998 0.02% 1916 HARRIS & MICHAEL CORPORATION PVT LTD 4,700 0.01%
1723 IAN SYMONDS 5,495 0.02% 1828 NKOSINATHI RASSEL KHAKA 4,998 0.02% 1917 CROSSAVANA PBC 4,687 0.01%
1724 MAVIS NYAKUDYA 5,473 0.02% 1829 ACKMAT TECHNOLOGY 4,998 0.02% 1918 MAVIS GWINDI 4,680 0.01%
1725 HAROLDS GLASS COMPANY (PVT) LTD 5,472 0.02% 1830 MAKONDE ENERGY PRIVATE LIMITED 4,997 0.02% 1919 JONATHAN MAROWESO 4,679 0.01%
1726 NOBERT MUTANHA 5,469 0.02% 1831 CARESBURG TRADING PVT LTD 4,997 0.02% 1920 GARITON INVESTMENTS 4,678 0.01%
1727 ROADSTER GENERAL TRADING PVT LTD 5,431 0.02% 1832 GIEM INVESTMENTS 4,997 0.02% 1921 SWAYMO ENTERPRISES 4,676 0.01%
1728 AFRI LITE PVT LTD 5,429 0.02% 1833 TSITSI MARIMO 4,996 0.02% 1922 SUPER TECHNOLOGIES 4,675 0.01%
1729 INK SOLUTIONS 5,424 0.02% 1834 WELINGTON MAGARABA 4,996 0.02% 1923 GARY PARHAM 4,674 0.01%
1730 MOPTA INDUSTRIAL 5,421 0.02% 1835 ALAULA 4,996 0.02% 1924 ARCRIDGE ENTERPRISES 4,667 0.01%
1731 JP DILMITIS PVT LTD 5,420 0.02% 1925 MAX HAIVO ELECTRICAL AND HARDWARE 4,649 0.01%
1732 ICRAFT 5,417 0.02% 1926 TRANSEARTH EQUIPMENT 4,647 0.01%
1733 BAZTECH INCORPORATED 1927 DRUM CITY INDUSTRY PRIVATE LIMITED
1734 CHARLES MAPHOSA 1928 ZOOM ELECTRONICS
1929 PROGRIP INCORPORATED
1930 QUODEC ZIMBABWE
1931 ANDREW WAYNE THOMPSON
1932 DEPARTMENT OF WAR VETERANS AFFAIRS
1933 DAVESCOTT ENGINEERING

NewsHawks Page 47

Issue 76, 15 April 2022

NO. BIDDER AMOUNT NO. BIDDER AMOUNT NO. BIDDER AMOUNT
CONDITION MONITORING AND RELIABILITY ALLOTTED (US$) SHARE (%) ALLOTTED (US$) SHARE (%) ALLOTTED (US$) SHARE (%)
2035 GARY SCHNEEBERGER 2136 YODENT DENTAL SERVICES
1934 SERVICES 4,647 0.01% 2036 LEKTREK DRIVE 3,822 0.01% 2137 FARMERSHOE LOGISTICS PVT LTD 3,032 0.01%
1935 AFRILION PL 4,617 0.01% 2037 PIUS RATEIWA 3,821 0.01% 2138 LIONEL KUDZANAI BVUTE 3,019 0.01%
1936 LORRAINE NYASHA SAVANHU 4,610 0.01% 2038 FORTUNATE VENGESAI 3,821 0.01% 2139 SEVEN BRIDGES PVT LTD 3,013 0.01%
1937 EDWIN TIGERE GUDO 4,606 0.01% 2039 BROADLANDS DENTAL 3,820 0.01% 2140 RONNIE CHIKWENYA 3,000 0.01%
1938 OCEANLIME ENTERPRISES (PVT) LTD 4,600 0.01% 2040 SYGMOS PL 3,819 0.01% 2141 POTVENT INVESTMENTS 3,000 0.01%
1939 BRIAN ZIVANANI INVESTMENTS 4,600 0.01% 2041 TSITSI MAWANGO 3,802 0.01% 2142 PATIENCE MUSAKANDA 3,000 0.01%
1940 UYS MONTFORTE THOMAS 4,596 0.01% 2042 DEZICE SOLUTIONS (PVT) LTD 3,800 0.01% 2143 PETER MATHAMBO 3,000 0.01%
1941 HAMDRILL ENTERPRISES PRIVATE LIMITED 4,569 0.01% 2043 ADMIRE SAWETO 3,800 0.01% 2144 REFERDOC ENTERPRISES P/L 3,000 0.01%
1942 EPHIAS MUNODAWAFA 4,567 0.01% 2044 MAUREEN MANYARARA 3,800 0.01% 2145 REGINALD SHINGIRIRAI CHIHOTA 3,000 0.01%
1943 CLETTO KAWONDERA 4,550 0.01% 2045 TILIBALI MOYO 3,797 0.01% 2146 MARACOURT ENTERPRISES 3,000 0.01%
1944 ESTHER TIGERE 4,549 0.01% 2046 SHANDUKA FINANCIAL SERVICES 3,787 0.01% 2147 INNOCENT MUTSVEDU 3,000 0.01%
1945 POSITIVE TYRES PRIVATE LIMITED 4,528 0.01% 2047 CHIRIMA ARTHER 3,786 0.01% 2148 EVELYNE MHONA 3,000 0.01%
1946 BELL PTA (PVT) LTD 4,525 0.01% 2048 HICORP (PVT) LTD 3,784 0.01% 2149 EVARISTO RUKASHA 3,000 0.01%
1947 MOTOR TRADERS 4,515 0.01% 2049 RUDO JACQUELINE NGUNDU 3,765 0.01% 2150 BURAYAYI MUKUDZAVU 3,000 0.01%
1948 BROWNS WHOLESALE 4,511 0.01% 2050 VASCERT INVESTMENTS INVESTMENTS 3,760 0.01% 2151 BETTY S SIBANDA 3,000 0.01%
1949 CHIPO ZIYAMBI 4,510 0.01% 2051 STANCHEM PRIVATE LIMITED 3,750 0.01% 2152 SPENCER DOUGLAS RUZIWA 3,000 0.01%
2052 POWERTECH ENGINEERING (PVT) LTD 3,750 0.01% 2153 PRISIAH CONSTRUCTION 2,999 0.01%
CHAPMAN CHARTERED ACCOUNTANTS 4,508 0.01% 2053 PILQUIP MINING AND INDUSTRIAL 3,750 0.01% 2154 IRON INN TRADING TA ALMOND AFRICA 2,999 0.01%
1950 PVT LTD 4,506 0.01% 2054 PROTEA GLEN PVT LTD 3,750 0.01% 2155 J CHIKODZE 2,998 0.01%
1951 SUVAS INVESTMENTS 4,500 0.01% 2055 MIRGOD ENTERPRISES 3,750 0.01% 2156 CRISPEN MHARADZE 2,997 0.01%
1952 TYLER`S CATERING COMPANY 4,500 0.01% 2056 NEWVIEW ENTERPRISES 3,750 0.01% 2157 HOPE TEMBO 2,997 0.01%
1953 ROBERT MWAHAVE 4,500 0.01% 2057 NAVIDALE TEXTILES 3,750 0.01% 2158 C P VANHEERDEN P/L 2,996 0.01%
1954 MARK BON GROUP 4,500 0.01% 2058 KEVIN PARSONS 3,750 0.01% 2159 LORCADIA TENDAI CHAKURIRA 2,995 0.01%
1955 JILL N GUTHRIE 4,500 0.01% 2059 FOOD AND HERB DELICACY 3,750 0.01% 2160 PENGA FOODS 2,991 0.01%
1956 KW PACKAGING PVT LTD 4,495 0.01% 2060 DILLION CHEMHERE 3,750 0.01% 2,990 0.01%
1957 BASIYANA NINA ALABI 4,495 0.01% 2061 BOM INDUSTRIAL SUPPLIERS PL 3,750 0.01% SHORTWATERS TRADINGT/A GARFUNKELS
1958 MARSHAL KATUKAVARIMI 4,494 0.01% 2062 THABANI AND STEMBILE MPOFU 3,750 0.01% 2161 BUTCHERY 2,987 0.01%
1959 TICHAONA HWINGWIRI 4,473 0.01% 2063 SUNFIRM DISTRIBUTORS 3,693 0.01% 2162 SHARON MURINDA 2,983 0.01%
1960 NECTICLOUD SERVICES P/L T/A MEGA TUBES 4,473 0.01% 2064 KWANAYI KASHANGURA 3,693 0.01% 2163 FUNGAI MUNYEZA 2,975 0.01%
1961 CHONYERA MUNYARADZI JOHN 4,468 0.01% 2065 FARO SHADAYA 3,680 0.01% 2164 BROCK INTERIOR 2,973 0.01%
1962 TONGAI KASUKUVERE 4,467 0.01% 2066 ANGELINE MKOMBODZI 3,650 0.01% 2165 STRONGDOOR INVESTMENTS PVT LTD 2,968 0.01%
1963 TAFADZWA SAMURIWO 4,462 0.01% 2067 EQSTRA TRADING (PVT) LTD 3,636 0.01% 2166 EQUIBRITE INVESTMENTS 2,967 0.01%
1964 FLANCON INVESTMENTS 4,446 0.01% 2068 EFE SECURITIES (PVT)LTD 3,618 0.01% 2167 MUTUBUKI IGNATIO 2,966 0.01%
1965 BRENDAN PAOLO QUINN 4,441 0.01% 2069 VISIONARY ENGINEERING 3,606 0.01% 2168 OTILLIAH DANGWA 2,962 0.01%
1966 TECHMETRICS PVT LTD 4,419 0.01% 2070 NAMATIRAI MUTAMBASERE 3,600 0.01%
1967 WAREHOUSE TRADING (PVT) LTD 4,400 0.01% 2071 ACHFORD CHASARA 3,600 0.01% EQUIPMENT AND MATERIALS SUPPLY 2,951 0.01%
1968 MONAVEST INVESTMENTS PVT LTD 4,387 0.01% 2072 KUDZANAI KANDI CHAKONA 3,589 0.01% 2169 COMPANY (PVT) LTD
1969 BAXON SIREWU 4,384 0.01% 2073 MURIEL CHENGETAYI DOWA 3,573 0.01% 2,948 0.01%
1970 MARKNEY ENTERPRISES (PRIVATE) LIMITED 4,380 0.01% 2074 SHESTABLE 3,557 0.01% SPONGE IRON MINING BENEFICIATION 2,940 0.01%
1971 MICHAEL CHIKANGA 4,365 0.01% 2075 ABSHELLA MWANZA 3,552 0.01% 2170 INDUSTRY PVT LTD 2,940 0.01%
1972 FRISERV INVESTMENTS 4,350 0.01% 2076 AYLWIN TAFADZWA CHIYOKA 3,522 0.01% 2171 MIDEND COMPUTERS 2,930 0.01%
1973 EUNICE MOYO 4,300 0.01% 2077 CHRISTOPHER CHITEMERERE 3,510 0.01% 2172 CLEVER BROTHERS PVT LTD 2,926 0.01%
1974 CHARLES CHANDO 4,300 0.01% 2078 THE MOBILE LAB PRIVATE LIMITED 3,504 0.01% 2173 CLEMENCE MADZINGO 2,924 0.01%
1975 DENFORD DZIMIRI 4,283 0.01% 2079 URBAN FREIGHT SERVICES 3,500 0.01% 2174 MIKELEDI RESOURCES CORPORATION 2,921 0.01%
1976 RAYSURGE PL 4,265 0.01% 2080 MARTINA MUSASIWA 3,500 0.01% 2175 AFRIGRADE INVESTMENTS PVT LTD 2,910 0.01%
1977 TENDAI CAXTON MUTSEYEKWA 4,250 0.01% 2081 N CHIRAHWI 3,500 0.01% 2176 PITTSWORTH SEEDS PRIVATE LIMITED 2,908 0.01%
1978 LOTRYLE TRADING T/A BAMM STATIONERS 4,250 0.01% 2082 BORNWELL MUCHIRAHONDO 3,500 0.01% 2177 HEBDEN ENTERPRISES 2,899 0.01%
1979 HAMUNA JUDITH ZIMUTO 4,220 0.01% 2083 BLUEWORLD INVESTMENTS 3,500 0.01% 2178 ADAGIO ENT T/A LASERS EDGE 2,896 0.01%
1980 BRIAN MASIMBA TAZVINZWA 4,218 0.01% 2084 RUTENDO NYAHODA 3,500 0.01% 2179 M AND Z MUJAJI 2,893 0.01%
1981 RUFARO HATENDI 4,216 0.01% 2085 NELLY MUKUCHA 3,494 0.01% 2180 TENDAI MASONA 2,879 0.01%
1982 S E HARRISON 4,214 0.01% 2086 CLARENCE ROKI 3,488 0.01% 2181 BONERIVER INVESTMENTS (PVT) LTD 2,866 0.01%
1983 PHIONAH CHIMBWERO 4,211 0.01% 3,481 0.01% 2182 HANAWA SUPER FOODS P/L 2,862 0.01%
1984 CHIRIPANYANGA COURAGE 4,202 0.01% CHANTEAH ENGINEERING P/L TA AYR 2183 AT TELECOMS 2,825 0.01%
1985 SOLUTION CENTRE (PVT) LTD 4,196 0.01% 2087 LYNE & PNEUMATICS 3,478 0.01% 2184 TYRE SHOOPA PVT LTD 2,800 0.01%
1986 NIMA SOLANKI 4,193 0.01% 2088 REAL ANCHOR 3,465 0.01% 2185 NESCT CONSULTING PVT LTD 2,800 0.01%
1987 JOHANNES SCHOLTZ 4,192 0.01% 2089 SYED SALEEM AKHTAR 3,427 0.01% 2186 T S MAFIRAMBUDZI 2,800 0.01%
1988 SHARRON MAPARURA 4,180 0.01% 2090 DELISHIOUS DELICE P/L 3,425 0.01% 2187 MARIAN CHIPFIKO 2,790 0.01%
1989 ACCOMODATION SOLUTIONS 4,178 0.01% 2091 ZUVAINKS (PVT) LTD 3,400 0.01% 2188 JERALD TIGERE 2,785 0.01%
1990 A M ZVOMA 4,178 0.01% 2092 GAMUCHIRAI MAKWANGUDZE 3,400 0.01% 2189 F CHINGARA 2,781 0.01%
1991 NAVATON INVESTMENTS 4,173 0.01% 2093 ANJALI NITINKUMAR PATEL 3,400 0.01% 2190 TRACEY JEAN PETTICAN 2,780 0.01%
1992 MARSHIA RUMBIDZAI RUKWATA 4,135 0.01% 2094 NHLANHLA PRECIOUS SIZIBA 3,399 0.01% 2191 MERCY MADZIVA 2,772 0.01%
1993 UK ELECTRICAL 4,129 0.01% 2095 GRACE P GWINI 3,396 0.01% 2192 JEPNIK INVESTMENTS 2,751 0.01%
1994 AURA GROUP 4,121 0.01% 2096 ACREFRUITS ENTERPRISES 3,392 0.01% 2193 TARIRO NYAKUJARA 2,750 0.01%
1995 MICHELLE LANGEVELDT 4,105 0.01% 2097 FUNPUL CHEMICALS 3,377 0.01% 2194 RUFARO MATJORIE MAFUNGA 2,733 0.01%
1996 SIBONGINKOSI SQHOZA MUTEYIWA 4,105 0.01% 2098 RALPH FREDERICK KUHN 3,365 0.01% 2195 S MUSIIWA 2,731 0.01%
1997 CROXPEC INVESTMENTS 4,100 0.01% 2099 PREMIER SERVICES MICROFINANCE PVT LTD 3,354 0.01% 2196 MR CRISPEN VUNDLA 2,729 0.01%
1998 MICHAEL EDWARD BLATCH 4,100 0.01% 2100 TENDAI T JAMBWA 3,339 0.01% 2197 EUNICE NONOKAI MUGABE 2,720 0.01%
1999 LANGTON NYAMUKAPA 4,100 0.01% 2101 SHOPWARE TECHNOLOGIES 3,334 0.01% 2198 CRISPEN VUNDLA 2,704 0.01%
2000 ACCESS SOLUTIONS 4,075 0.01% 2102 GADGETWIDE ONLINE 3,330 0.01% 2199 MARCELL
2001 MAVUKENI RUFAI 4,050 0.01% 2103 SUSAN CHIPAMAUNGA 3,314 0.01% 2200 TAMBUDZAI JONGWE 2,700 0.01%
2002 FLORENCE MAKAYA 4,020 0.01% 2104 WUDZAISHE J CHANAKIRA 3,300 0.01% 2,687 0.01%
2003 MITCHELLE M MUTANDWA 4,020 0.01% 2105 TENDAYI GWATIRINGA 3,300 0.01% PRECISION EQUIPMENT SUPPLIERS 2,661 0.01%
2004 HOAYDA AHMED 4,000 0.01% 2106 TENDAI GWATIRINGA 3,300 0.01% 2201 (PRIVATE) LIMITED 2,660 0.01%
2005 TICHAONA TENDAI BIMHA 4,000 0.01% 2107 BLISSCARE SOLUTIONS PVT LTD 3,285 0.01% 2202 P SURUMA 2,640 0.01%
2006 WHEAT STAR (PVT) LTD 4,000 0.01% 2108 CHIRIKURE FARAI 3,273 0.01% 2203 RAYMOND MOYO 2,616 0.01%
2007 SKYBIRD 4,000 0.01% 2109 FIDELIS GWESHE 3,250 0.01% 2204 MAKO PROPERTIES & CONSTRUCTION 2,612 0.01%
2008 OTILIAH MANYANGADZE 4,000 0.01% 2110 ABSOLOM MUCHANDIONA 3,250 0.01% 2205 MUKUMBUZI CHENAI 2,600 0.01%
2009 MAKONI PRAISE 4,000 0.01% 2111 A S CHIKOSI 3,211 0.01% 2206 JUDITH NYATI 2,600 0.01%
2010 JANE NELLY KATSANDE 4,000 0.01% 2112 TIISETSO DUBE 3,200 0.01% 2207 PISIRAI KWENDA 2,598 0.01%
2011 CHRISTOPHER NDAIRA 4,000 0.01% 2113 PATRICIA TARUPIWA 3,200 0.01% 2208 PRIVILEGE NYARUWANGA 2,590 0.01%
2012 EDMORE MUNGONI 4,000 0.01% 2114 JOSEPH MANGEZI 3,200 0.01% 2209 MANOJKUMAR BABUBHAI NAROTTAM 2,585 0.01%
2013 BARMORE INVESTMENTS (PVT) LTD 3,984 0.01% 2115 CLAYTON CHARANDURA 3,200 0.01% 2210 CONSTANTINE TUMAZOS 2,575 0.01%
2014 AMAG LABORATORY SERVICES 3,984 0.01% 2116 ELIAS SAWARI 3,199 0.01% 2211 MRS FUNGAI MUNYEZA 2,569 0.01%
2015 ZIMBABWE FLOWER EXPORTS 3,973 0.01% 2117 EARTH HEALTH 3,191 0.01% 2212 MAKSMORE RUTSITO 2,538 0.01%
2016 JOSEPH T MUNDA 3,968 0.01% 2118 KAREN KATIYO 3,187 0.01% 2213 WHATMORE GOORA 2,528 0.01%
2017 SIMBANEUTA UTSIWEGOTA 3,965 0.01% 2119 ICEFEED 3,173 0.01% 2214 BEST BEGINNINGS PRE SCHOOL 2,510 0.01%
2018 MUNESU ANTHONY GUMBIE 3,955 0.01% 2120 SWISS MOTORS 3,168 0.01% 2215 RUEBEN TINEI JAVA 2,500 0.01%
2019 EXOCOLD REFRIGERATION 3,950 0.01% 2121 BEKILIZWE DUBE 3,156 0.01% 2216 CLIFF CHAMAKANDIONA GONDO 2,500 0.01%
2020 TUSO AGATHA TAPERA 2122 LUCKSTONE SAUNGWEME 3,127 0.01% 2217 EDENCHASE PRIVATE LIMITED 2,500 0.01%
3,923 0.01% 2123 ECO-EQUITY ZIMBABWE PRIVATE LIMITE 3,113 0.01% 2218 TSITSI JOKOZA MAZHURA 2,500 0.01%
TENDRA PANEL BEATERS AND SPRAY 3,922 0.01% 2124 MEITHRIN INVESTMENTS PVT LIMITED 3,113 0.01% 2219 TICHAWANA MANDOZA 2,500 0.01%
2021 PAINTERS PBC 3,900 0.01% 2125 NYASHA V M MUPITA 3,112 0.01% 2220 ROSEMARY MUTAMBIRWA 2,500 0.01%
2022 C TENDI 3,900 0.01% 2126 LYDIA ANNA MATILDA MARAMBA 3,106 0.01% 2221 SIHLE MOYO 2,500 0.01%
2023 VIMBAI MUSHAYAVANHU 3,900 0.01% 2127 LUCIA CHIKWIRAMAKOMO 3,104 0.01% 2222 PATIENCE MUSONZA 2,500 0.01%
2024 AUDREY CAROL MANDEYA 3,899 0.01% 2128 MAXWELL ZHUWARARA 3,093 0.01% 2223 RAYMOND MATIMBA 2,500 0.01%
2025 WEBSTER SAKUPWANYA 3,899 0.01% 2129 JADE TSOKODAI 3,083 0.01% 2224 ONARD MAZORODZE 2,500 0.01%
2026 COSMAS MARUTA 3,898 0.01% 2130 LESTER JOHN JONES 3,080 0.01% 2225 OBGLA SALES 2,500 0.01%
2027 UTANO AFRICA PRIVATE LIMITED 3,897 0.01% 2131 CONSTANCE ZVOBGO 3,079 0.01% 2226 PORTIA MADOMBWE 2,500 0.01%
2028 DR DMITRY GOREMYKIN 3,892 0.01% 2132 W AND M ENTERPRISES P/L 3,062 0.01% 2227 P MUZIWI 2,500 0.01%
2029 ELENI KOUDOUNARIS 3,869 0.01% 2133 MATEBELELAND TEXIDERMIST 3,047 0.01% 2228 PATRICK TAURAI MUTUMA 2,500 0.01%
2030 TINASHE MAGAISA 3,868 0.01% 2134 HOLYPACK DISTRIBUTORS 3,040 0.01% 2229 MUTSERIWA COLLISON 2,500 0.01%
2031 PROCOMM PVT LTD 3,861 0.01% 2135 FLORINOVA 3,040 0.01% 2230 MEMORY BUHLE MOYO 2,500 0.01%
2032 SODSON MANATSA 3,846 0.01% 2231 METHUSELI BRIAN NKIWANE 2,500 0.01%
2033 OBSERVANCE ENTERPRISES 2232 MANOJ N BHAGAT 2,500 0.01%
2034 MUTSA DENHERE 2233 INNET TECHNOLOGIES
2234 JAQUELINE NYATSINE
2235 JESTA SAUNGWEME

Page 48 NewsHawks

NO. BIDDER Issue 76, 15 April 2022
2236 ERNEST MUKIZE
2237 GODFREY SENGWENI AMOUNT NO. BIDDER AMOUNT NO. BIDDER AMOUNT
2238 BEKEZELA WILLIAM SIBANDA ALLOTTED (US$) SHARE (%) ALLOTTED (US$) SHARE (%) ALLOTTED (US$) SHARE (%)
2239 ANGELINE ZEZERE 2281 MPAZAMISO NDEBELE 2326 DONSHAFT
2240 BLESSING MUDZAMI 2,500 0.01% 2282 THOMAS WILLIAM CRAVEN 2,125 0.01% 2327 PEORIA TRADING (PVT) LTD 1,493 0.005%
2241 BUHLEBENKOSI IAN 2,500 0.01% 2283 TAMBUDZAI MAPFEKA 2,098 0.01% 2328 EDWARD NYAMUDA 1,460 0.005%
2242 HATRED MHAZA 2,500 0.01% 2284 SINIKIWE MPARUTSA 2,090 0.01% 2329 MUFUTA TSHIMANGA 1,452 0.005%
2243 TRUSTER B CHIKOORE 2,500 0.01% 2285 PATIENCE CHITATE 2330 HELIFLEX INVESTMENTS 1,447 0.004%
2244 FORTUNATE KUFAKUNESU 2,500 0.01% 2286 DAVID TAFIREYI MURERIWA 2,087 0.01% 2331 TSISTSI MAFINO 1,437 0.004%
2245 SILDEAL INVESTMENTS 2,500 0.01% 2287 LIONEL VALENTINE STEFFENS 2332 GEDION MUKOROMBINDO 1,436 0.004%
2246 CYPRIAN MUDOTI 2,498 0.01% 2288 PRISCA NYANYIRA 2,058 0.01% 2333 HON INNOCENT TINASHE GONESE 1,400 0.004%
2247 JOSHUA CHIRIKUTSI 2,496 0.01% 2289 STATUS ALUMINIUM (PVT) LTD 2334 D KAKWENGA 1,372 0.004%
2248 ALEX MAPAKO 2,496 0.01% 2290 NYASHA MANHANGO 2,046 0.01% 2335 GLOBAL SOUND GROUP (PVT) LTD 1,365 0.004%
2249 PATRICIA MATIRANGANA MAKANI 2,495 0.01% 2291 SAMANTHA MUCHENGETI 2336 LLOYD SHAMU 1,311 0.004%
2250 CAECILIA NYAMUTSA 2,494 0.01% 2292 MARGARET DITIMA 2,040 0.01% 2337 MUTAMBIRWA ROSEMARY 1,310 0.004%
2251 SAMUEL BEPE 2,493 0.01% 2293 ROSELYN MUNAMATI 2338 PARADZAI M CHAKONA 1,300 0.004%
2252 OBSON MATUNJA 2,490 0.01% 2294 AGRICULTURAL MARKETING AUTHORITY 2,013 0.01% 2339 BERINA INVESTMENTS (PVT) LTD 1,297 0.004%
2253 KARIKOGA AUGUST 2,485 0.01% 2295 T L CHIN`ANGA 2340 CHETAN SAMJI 1,282 0.004%
2254 CHAMESO MUCHEKA 2,485 0.01% 2296 MELBEY INVESTMENTS 2,000 0.01% 2341 COURAGE TAKA 1,260 0.004%
2255 BERTHA MASVIKENI 2,484 0.01% 2297 PAUL CHIKOWE 2342 REKAI AUTHUR MUKASI 1,256 0.004%
2256 CROSS SCAPE INTERNATIONAL 2,484 0.01% 2298 SIMBARASHE MUCHENA 1,950 0.01% 2343 NYENGETERAI MAHAKA 1,251 0.004%
2257 ROGER W WELSH 2,484 0.01% 2299 ESSON MUNGANI 2344 KUMBIRAYI CHOWA 1,250 0.004%
2258 EDITH N. KAMUNJOMA MUGABE 2,478 0.01% 2300 DEFLEX CONSULTING ENGINEERS PL 1,912 0.01% 2345 JEETESH K BHIKHA 1,250 0.004%
2259 ROY EUSEN 2,463 0.01% 2301 MICHAEL HAMADZIRIPI 2346 DENMUC PRESS PRIVATE LIMITED 1,250 0.004%
2260 BLESSING MABAMBE 2,447 0.01% 2302 EVELYN SHUMBA 1,893 0.01% 2347 JOANNA A. MUKUNGA 1,250 0.004%
2261 MADEPRAISE INVESTMENTS 2,445 0.01% 2303 ZIMBO CAPITAL 2348 CHRISTINA DODZO 1,250 0.004%
2262 MERCY PATIENCE MOYO 2,424 0.01% 2304 SUNSET MARKETING PRIVATE LIMITED 1,875 0.01% 2349 SIMBARASHE MAKUNI 1,241 0.004%
2263 INTERFEED INVESTMENTS 2,420 0.01% 2305 JINGINI RAPHAEL TSIVAMA 2350 SUWANA PVT LTD 1,240 0.004%
2264 TRICHA SIMON 2,410 0.01% 2306 EDOHART TRADING 1,855 0.01% 2351 WILFRED MAPFUISE 1,197 0.004%
2265 UREA HEALTH TESTING CENTRE 2,400 0.01% 2307 SITHENGISIWE MPOFU 2352 TAONA MUNZVANDI 1,197 0.004%
2266 ADVANCED CLIMATE SOLUTIONS 2,393 0.01% 2308 AMANDA OLDRIEVE 1,800 0.01% 2353 C MUNEMO 1,160 0.004%
2267 HILPAUL HEALTH PVT LTD 2,392 0.01% 2309 TAPIWA MAROWA 2354 CUTHBERT MAHACHI 1,160 0.004%
2268 RODGER SIBANDA 2,376 0.01% 2310 FRANCISCA MUZA 1,800 0.01% 2355 KUDAKWASHE VICTOR MUDIWA 1,158 0.004%
2269 AARON ZVINDIYE MAKAHAMADZE 2,312 0.01% 2311 PHAENAH ENTERPRISES (PRIVATE) LIMITED 2356 VIVAT HEALTH PHARMACY PRIVATE LIMITED 1,117 0.003%
2270 OBEDIAH HWAMI 2,311 0.01% 2312 RICHARD MUZANENHAMO 1,797 0.01% 2357 RIVERPINE INVESTMENTS (PVT) LTD 1,109 0.003%
2271 R RUSHWAYA 2,306 0.01% 2313 MEVIS CHIKAVA 2358 BENJAMIN MUJURU 1,060 0.003%
2272 ENOCK GAMBARA 2,298 0.01% 2314 SANJAYKOMAR PATEL 1,750 0.01% 2359 DR W MUSIYA 1,018 0.003%
2273 FUTURE ANTHONY BANDA 2,296 0.01% 2315 SUNRAY ZAMBEZI INVESTMENTS 2360 CLEANLAB AFRICA 0.003%
2274 MERITY NCUBE 2,295 0.01% 2316 JUNIOR MARIMA (PRIVATE) LIMITED 1,750 0.01% 2361 CYNDRELLA MASIMBE 855 0.003%
2275 RYAN MASIMBA TAPFUMANEYI 2,278 0.01% 2317 RECIPROCAL ENTERPISES 2362 M SAGANDIRA 848 0.003%
2276 MUNYARADZI SHINDI 2,269 0.01% 2318 R VENGESAI 1,750 0.01% 2363 MASIMBA PROPERTIES 814 0.002%
2277 ATIDAISHE DANIEL TRUST MAMOMBE 2,262 0.01% 2319 ALBCO 2364 REJOICE PAZVAKAWAMBWA 650 0.002%
2278 VEENITA PATEL 2,250 0.01% 2320 CECON ENTERPRISES 1,740 0.01% 2365 VULINDLELA B SIBANDA 613 0.002%
2279 FUNGAI STANLEY MUSARA 2,225 0.01% 2321 TAGARIRA MUTENGA 608 0.002%
2280 DR KHALID SIAM 2,215 0.01% 2322 LIBSON MARUFU 1,723 0.01% SNEHAL INVESTMENTS PL T/A V 549
2,200 0.01% 2323 ABEDA FIRKE HAILE 2366 ITAL MEDICALS
2,170 0.01% 2324 ITAYI MUNYONGA 1,722 0.01% 2367 EARTHLY GATE INVESTMENTS
2,167 0.01% 2325 JOSEPHINE NDAMBAKUWA 2368 GRACE MWENJE
2,156 0.01% 1,709 0.01% 2369 RAJESHBHAI PATEL
2370 MUKAI GWESU
1,709 0.01% 2371 TECHNO MAN PVT LTD

1,700 0.01% TOTAL

1,700 0.01%

1,685 0.01%

1,649 0.01%
1,647 0.01%
1,644 0.01%
1,618 0.01%
1,603 0.005%
1,600 0.005%
1,600 0.005%
1,600 0.005%
1,587 0.005%
1,585 0.005%

1,566 0.005%

1,556 0.005% 527 0.002%
515 0.002%
1,551 0.005% 496 0.002%
400 0.001%
1,541 0.005% 390 0.001%
101 0.0003%
1,521 0.005% 32,225,555 100%

1,520 0.005%

1,513 0.005%

NewsHawks Page 49

Issue 76, 15 April 2022

Porsche just got angrier Being a Fashion Model

&Life Style

STYLE TRAVEL BOOKS ARTS MOTORING

Page 50 Issue 76, 15 April 2022

JONATHAN MBIRIYAMVEKA Mai TT’s missed opportunity
to make her own brave stand
LAST year, singer Kelly Khumalo statement saying that accepting the Elvis Nyathi, a Zimbabwean domes- list, not out of spite, but maybe just izens no longer appreciate their real
made a stand – based on her own Garwe Restaurant would have felt tic worker who was callously mur- to show that Zimbabweans too are a worth.
principles – when she turned down like a betrayal of Somizi, whom she dered in the same week by a blood- proud people, able to show solidari-
an invitation from a Zimbabwean described as a friend. thirsty gang in South Africa in a ty with their own countrymen, like One could also say that Mai TT’s
restaurant to replace fellow South xenophobic attack that has shocked Khumalo did last year when Somizi wedding, at Royal Gates in Harare’s
African Somizi Mhlongo as special Now, to any sensible person, the world? was shut out. leafy suburb of Chisipite, was per-
guest at the official opening of a Khumalo’s stance was reasonably un- haps also destined to be ill-fated.
popular Zimbabwean restaurant in derstandable from the look of things. Khumalo last year made her own Poor Nyathi died in the most
Harare. statement against a clear case of ho- painful way possible, set alight by a The pilot of the helicopter which
But there has been an interest- mophobia after her fellow South marauding gang with utter disregard flew Mai TT to the event crashed
Rumour was rife that the restau- ing twist to the story, a few months African and friend was told he was for human life, just because he came the following day in Mhondoro and
rant had been pressured into drop- down the line. not welcome in this country simply from a different country. died at the scene.
ping Somizi at the last minute due because of his sexuality.
to his sexual orientation. Khumalo was at the weekend a Perhaps the unwillingness to Captain Peter Chirimuuta’s de-
guest in Harare at the wedding of Surely, in the wake of the killing of take a firm stance, not just by Mai mise was horrifying, plummeting to
The actor, media personality and Zimbabwean comedienne Mai TT a fellow Zimbabwean in the cruelest TT but the majority of Zimbabwe’s his death in an R44 chopper.
reality television star has openly pro- and her beau Tinashe Maphosa. and most inhuman manner in South public figures in general, stem from
fessed being gay – which resulted in Africa, Mai TT would have stood how people from this country have Two innocent and hard-working
some Zimbabwean church leaders The big question is: was it also an up for a just cause had she dropped seen their pride being buttered by Zimbabweans gone untimely, but
and political activists declaring that opportunity for Mai TT, as a Zim- Khumalo from her wedding guest- our rulers for decades such that cit- in one of the incidents surely the si-
he was not welcome to the country, babwean celebrity, to send a strong lence of Mai TT and others has been
which is known globally for its an- message following the tragic death of most deafening.
ti-homosexual stance.

Due to the controversial nature of
the last-minute Somizi snub, com-
patriot Khumalo, who had been
lined-up to fill the void, issued a