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Published by newshawks2021, 2022-03-12 01:20:21

NewsHawks 11 March 2022

NewsHawks 11 March 2022

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WHAT’S INSIDE Friday 11 March 2022 BZUimSIbNabEwSSe’s SMPoOmReTntum
inflation gathers for
NMEnWanSgagwa highest in World Cup
agents hunt for Sadc quest
Jonathan Moyo
Story on Page 26 Story on Page 60
Story on Page 3

Ziscosteel:
Mnangagwa
son-in-law,
adviser botch
ZimCoke deal

ALSO INSIDE Govt shields dodgy US$400m deal from political scrutiny

Page 2 News NewsHawks

Ziscosteel: Issue 71, 11 March 2022
Mnangagwa
son-in-law,
adviser botch
ZimCoke deal
OWEN GAGARE towel in September 2020. Mlotshwa persisted,
but the deal was subsequently cancelled. President Emmerson Mnangagwa’s adviser Eddie Cross
A COURT application is set to be filed any day
from now to legally and officially cancel the Sometime in 2017, Zisco entered into an agree- der by private shareholders, retains huge residual and extortionate directors’ fees, salaries and allow-
US$225 million ZimCoke deal to acquire assets ment with ZimCoke to sell its assets for a nominal value. ances.
of the now defunct state-owned Zimbabwe Iron US$1 on condition that the latter would pay the
and Steel Company (Ziscosteel) after President former’s US$225 million debt to KfW Ipex-Bank The company owns Buchwa Mining Company, By 2008, the company was now producing less
Emmerson Mnangagwa’s adviser Eddie Cross and Gmbh. Lancashire Steel, ZimChem and Frontier Steel. than 12 500 tonnes, which were way below the
his son-in-law Gerald Mlotshwa’s transaction col- break-even point of 25 000 tonnes per year. Plant
lapsed. ZimCoke wanted to acquire Zisco’s coke bat- It provided a lifeline to various companies in breakdown became very routine with a single blast
teries, coal handling facilities, railway wagons and the value chain and industry, hence remains the furnace providing the lifeline.
Top ministry of Industry and Commerce sourc- shares in Zimchem (Pvt) Ltd. biggest missing link in the Zimbabwean economy.
es say a High Court application was supposed to The company used to produce mainly for the ex- Debts mounted and scaled US$340 million,
be made this week by Zisco lawyers, but it is now Specifically, ZimCoke wanted 328 hectares of port market, earning the country millions in for- even reaching US$500 million by some estimates,
likely to be filed next week to “close the ZimCoke land worth US$16m, plant and machinery val- eign currency. with the German bank owed US$240 million.
chapter once and for all, and move on”. ued at US$168m, railway wagons and related
infrastructure (US$4m), a 48% shareholding in Its linkages with ZimAlloys (for provision of In 2006, Global Steel Holdings from India
The ZimCoke deal was signed in 2017, ap- ZimChem (US$23m) and a waste products plant ferrochrome), Hwange (for coking coal), NRZ proposed to invest in Zisco, but the deal collapsed
proved by cabinet, but later cancelled by the Zis- (US$16m). (for transport) and Zesa ensured it was one of the due to political interference and clashes over the
co board and government in 2020, amid accusa- economy’s locomotives. funding model. In 2011, a US$750 million deal
tions that it was not approved by the board and It also launched an estimated US$25m bid for was struck with Essar Africa Holdings, also from
amounted to asset-stripping. Hwange Colliery Company’s underground mine, Various companies that relied on Zisco for pro- India, to form New Zimbabwe Steel Company.
3-Main. duction purposes had to close, downsize, or switch Essar would assume 54% shareholding while the
The new court application will pave way for the to uncompetitive imports for survival. These in- government retained a 36% stake and 10% re-
promised US$1.3 billion investment by another The full inventory ZimCoke wanted entailed: clude Sable Chemicals, ZimChem, Ripple Creek mained in the hands of private investors.
state-owned shadowy mining entity, Kuvimba coke batteries No. 1, 2, 3 and 4 together with Mine, Zimasco, Steel Makers, Haggie Rand and
Mining House, which got a vote of no confidence by-products plant and all associated machinery ZimCast. However, the deal fell through in 2015 over
recently from South African platinum mining and infrastructure; coal-handling facilities in their iron ore deposits. A deal with a Chinese company
giant Impala Platinum Holdings, which owns entirety inclusive of rail lines; conveyor from lo- Zisco was founded in 1942 as Rhodesia Iron Guangzhou R&F followed in 2017.
Zimplats, over the hyped Darwendale platinum cal coal handling plant to coke batteries; shares in and Steel Commission, the largest integrated steel
project. ZimChem; gas holders; P&D offices (renamed plant in Africa. By 1957, it was producing 257 Other investors that expressed interest in Zisco
The Revival Centre by Essar) with contents; coke 166 tonnes of steel per year. At Independence in in the past include ArcelorMittal, the world’s big-
Several lawyers who have given legal opinions, plant offices and workshops inclusive of contents; 1980, it was renamed Zisco and employed over 5 gest steel-maker, Jindal Steel, China Metallurgical
seen by The NewsHawks, on the Zisco-ZimCoke roll design building and contents; coke and coke 500 people, which peaked at 8 000. Group, Apollo Steel, Posco, Gateway Zimbabwe
agreement say it is null and void as it was unproce- breeze storage areas; slag and skull dumps with and Sovereignty Capital.
dural, and the Cross and Mlotshwa entity did not land and contents; coke and coke rail wagons at But the company was later destroyed through
fulfil its obligations to pay debts and get approval Zisco and National Railways of Zimbabwe Dabu- extended periods of mismanagement, corruption Then came ZimCoke and now Kuvimba, which
from the Zimbabwe Investment and Develop- ka, although Zisco would remain responsible of and incompetence. are both associated with Mnangagwa’s cronies.
ment Agency. NRZ storage charges; houses and water rights at
Kwekwe River among other aspects. A 2006 audit report and media reports showed Kuvimba, which is opaque, has already failed
Zimbabwe’s plan to develop one of the world’s the company was looted by politicians, senior an Impala transparency test, which raises ques-
biggest platinum mines stalled after Impala de- Despite that it stopped working in 2008, Zisco, management and their cronies through controver- tions as to how it will succeed at Zisco when it
manded greater transparency on the ownership of 89% owned by the government and the remain- sial contracts parcelled out to conflicted parties, ignores basic corporate governance and transpar-
Kuvimba before considering a joint venture. airfares, hotel bookings and food for politicians ency requirements.

However, Kuvimba failed the transparency, ac- Ziscosteel
countability and corporate governance test as it
could not disclose some of its ultimate beneficial
shareholders.

It is common cause that some of Kuvimba’s
mining assets are those which were owned by local
tycoon Kudakwashe Tagwirei — who is on British
and American sanctions — through Sotic Inter-
national. Tagwirei also owns Sakunda Holdings.

Impala, the third-largest producer of platinum
group metals, was approached by Great Dyke In-
vestments, which owns the Darwendale project,
for a joint-venture, but Kuvimba failed to clarify
its opaque shareholding.

Kuvimba and Russian tycoon Vitaliy Machits-
kiy’s Vi Holding each own 50% of Great Dyke.

Further, Kuvimba, which has not yet fully paid
for Mazowe and Red Wing gold mines owned by
Metallon Corporation despite claiming to have
paid a dividend last year, is one in a series of com-
panies in the past 15 years to come making noise
about Zisco’s revival without much delivery.

Cross, a ZimCoke board member and share-
holder, and Mlotshwa, lawyer and transaction
adviser, tried but failed to push through their con-
troversial steelworks deal. ZimCoke was chaired
by Nicholas Ncube.

After a frustrating processes, Cross threw in the

NewsHawks News Page 3

Issue 71, 11 March 2022

Mnangagwa agents hunt for Moyo

From fierce clashes in Zanu PF politburo
meetings after a bitter political fallout over a
hotly contested leadership succession during
the late former president Robert Mugabe’s rule
to resorting to guns, explosives and thunder-
flash amid a coup, and tailing by state security
agents in a foreign country, this has been the
dramatic story of President Emmerson Mnan-
gagwa and his former ally-turned-rival Jon-
athan Moyo, a mercurial ex-minister now a
pain in the neck for him.

OWEN GAGARE Former Education minister Jonathan Moyo’s picture posted online by Zimbabwe’s state security agents walking into the premises from the CCTV of the
complex that he lives in. The photos were posted online to expose and dramatise his security vulnerability, even in Kenya.
“DURING the liberation war in Mozambique,
we used to separate the head from the neck of Even though Moyo and his family went to Mugabe had fired Mnangagwa as vice-president, ing from a dire economic meltdown and a deep
people like you,” President Emmerson Mnan- hide at Kasukuwere’s home, the army still at- a move that seemed to end his long political longing for new leadership raised the stakes and
gagwa angrily delivered a chilling warning to tacked the monumental house where they hud- career. This forced Mnangagwa to stage a sen- demonstrated against Mugabe to salvage a fal-
former minister Jonathan Moyo at a tense Zanu dled together for an uncertain night that was sational escape through the eastern border into tering coup.
PF politburo meeting in Harare on 19 July fraught with risk and danger. Mozambique before being whisked away from
2017, chaired by the late former president Rob- Beira by South African-based Zimbabwean busi- Mugabe was eventually forced out on 21 No-
ert Mugabe. That experience seems to have left a horrifying nessman Justice Maphosa’s jet to Pretoria. vember 2017 and, three days later, Mnangagwa
and traumatic impact on Moyo and his family was sworn in as new leader. Prior to that, Moyo
Moyo had made an audacious and revealing as shown by his tweet on 28 November 2017 From exile in South Africa, where he had been and Kasukuwere, who had sought refuge at
presentation in the politburo, saying Mnangag- pinned on his Twitter platform since 11 Decem- forced to flee for his life, Mnangagwa issued a Mugabe’s house during the coup, had staged a
wa and his faction were capturing state institu- ber 2018. statement warning Mugabe that he would re- mysterious escape from the late president’s man-
tions in a plot to oust Mugabe. The plot was turn “in a matter of weeks” to take control of sion and skipped the border into Mozambique
pivoted and primed around a document termed Moyo’s tweet says: “What would you do if the levers of power in Zanu PF and government. before finding their way to Kenya.
Blue Ocean. you and your family survived a 2am 15-min- Many did not believe him. It was a journey
ute ZDF (Zimbabwe Defence Forces) attack on fraught with risk and with little guarantee of Their getaway is now the stuff of legend.
The following month, on 9 August 2017, your house with seven children, one of them 12 success. Instead of being cowed by his escape from the
Moyo would say: “After my presentation, Cde years old, by 25 SAS snippers with semi-auto- jaws of death, Moyo has remained defiant and a
Mnangagwa made a shocking statement to the matic weapons; randomly firing tracer bullets However, his faction, as well as Zanu PF thorn in the flesh for Mnangagwa through with-
effect that while he was in Mozambique, during and stun grenades? Is this the new justice? New heavyweights, military commanders, family ering public criticism and attacks.
the liberation struggle, people who made inter- dawn? New era? New Zim?” members, business associates and allies took se- Four years and four months have gone by
ventions such as my presentation to the politbu- rious risks to support him, while a nation reel- since Mnangagwa and military allies hounded
ro on 19 July would have ‘their head separated Just three weeks earlier, on 6 November,
from their shoulders’.”

In a letter to former Zanu PF secretary for
administration Ignatius Chombo 24 July 2017,
Moyo said Mnangagwa’s remarks bordered on a
threat to kill him. This would be a running trope
leading to the coup and after.

“The full import of Cde Mnangagwa’s state-
ment did not visit me until after the politburo
meeting, especially when other politburo mem-
bers asked me about it,” Moyo wrote to Chom-
bo.

“Separating a head from a person’s shoulders
is tantamount to murder. The effect of Cde
Mnangagwa’s statement was to threaten me with
murder and I wish to place this on record and
request your office to take the matter under

review and to do the needful about it given
the serious implications of the unlawful threat.”

Moyo was responding to Chombo’s letter in
which he was informed of Mnangagwa’s request
for materials used in the presentation against
him during the politburo meeting of 19 July.

Besides, Moyo had also privately written to
Mugabe warning him that Mnangagwa and his
military-backed camp were planning a coup.
These events intensified the succession battle
and created a volatile political powder keg that
would explode anytime.

That was at the height of Mugabe’s explo-
sive succession battle, some months before the
military coup that toppled the late authoritari-
an leader after 37 years in power. The days and
months leading to Mugabe’s ouster were uncer-
tain, dramatic and dangerous.

Mnangagwa’s Zanu PF faction was locked
in mortal combat with a clique which had co-
alesced around former first lady Grace Mugabe
pushing for defence minister Sydney Sekeramayi
to succeed Mugabe in a complex matrix of ambi-
tions and cut-throat political contestation.

After Mnangagwa’s threat, four months down
the line, on the day of the military coup in the
early hours of 15 November 2017, Moyo’s home
in Greystone Park, Harare, would be viciously
attacked at night with guns, grenades and ex-
plosives as the military takeover which had been
loading for months unfolded.

By design, Moyo and his family were not
there; they had been forewarned and had sought
refuge at former Zanu PF commissar Saviour
Kasukuwere’s Glen Lorne home during a night
that marked the end of Mugabe’s violent and
brutal reign. Mugabe had been warned over the
years that his end would be dramatic and tragic
given that he ruled by the sword.

Page 4 News NewsHawks

Issue 71, 11 March 2022

Moyo into exile, but the hunt for their political litical case linked to Zanu PF power struggles Windows of a door at Moyo’s house shattered during Zimbabwe’s military coup operation in 2017.
bogeyman has not ended. and the coup that had removed Mugabe.

Only this week, Mnangagwa’s top priority on Said a security source: “It’s a very serious is-
his state visit to Kenya was to lobby host Pres- sue. Remember that our agents previously used
ident Uhuru Kenyatta to extradite Moyo amid the Global Positioning System (GPS) to track his
new signs of a deadly political plot to bump him movements via his phone (there is evidence of
off for continuing to be an unbearable pain in that); they even texted him his location at a Nai-
the neck. robi hotel where he was having a meeting.

One of the biggest attacks Moyo launched “Second, state agents breached security at his
on Mnangagwa since he left the country was residence in Nairobi and got pictures of him
through the book he wrote about how the 2018 walking into the premises from the CCTV of the
presidential election was stolen. complex that he lives in. They then put the pho-
tos online to expose and dramatise his security
In his seminal monograph, titled Excelgate — vulnerability.
How Zimbabwe’s 2018 Presidential Election was
Stolen, Moyo says after taking over the control “Apart from vigorously pushing for his extra-
of the state and its institutions, the military, in dition from Kenya, they also sought to put him
a bid to protect and consolidate the gains of the on the Interpol red list to designate him a wanted
coup, brazenly commandeered the machinery of man. They further made this public to pressurise
the Zimbabwe Electoral Commission, particu- him to run away too far from home where he
larly its computer network server, corrupted its might lose touch or keep quiet to give Mnan-
internal system, as well as logistics and illegally gagwa relief.
changed the route and destination for the colla-
tion, compilation and transmission of the result “Meanwhile, the inter-security taskforce has
of the 2018 presidential election for purposes of been hunting him down. Further, Hodzi head-
rigging the election in favour of Mnangagwa, ed another taskforce to Rwanda to find ways
whom it had imposed as President of Zimbabwe from there of bringing him to book. The security
on 24 November 2017. taskforce largely comprises CIO, counter-intel-
ligence, military intelligence and police details.
That, combined with Moyo’s Twitter war
against Mnangagwa and his government, and his “Beginning this year the security taskforce
historical criticism of him over the Gukurahundi started exploring ways of seizing Moyo’s proper-
massacres, has left the President seething. ties at home. Its members from CIO have been
harassing chiefs in his rural Tsholotsho home
This is despite that in 2004 they had worked over him since January. They have also sought to
together to reconfigure the Zanu PF power ma- politically punish him by several other means.”
trix through the so-called Tsholotsho Declara-
tion that was hatched at the Rainbow Hotel in Last week, Zimbabwean pastor Walter Maga-
Bulawayo and was due to be implemented at ya was raided by police looking for arms of war
Dinyane High School in Moyo’s home district at his Mount Pleasant home in Harare soon after
of Tsholotsho. The essence of the proposal was to returning from a much-hyped crusade in Kenya,
rotate power among ethnic groups in Zimbabwe: as Mnangagwa’s regime feared that he had met
Karanga, Ndebele, Manyika and Zezuru. with Moyo to plot his downfall in the 2023 elec-
tions.
However, Mugabe and former Zanu PF
vice-president Joice Mujuru, supported by her Further, Moyo is also a marked man because
husband, the late ex-army commander Solomon he is suspected of closely working with Chami-
Mujuru, had scuttled the ambitious plan that sa to oust Mnangagwa in 2023. This has seen
would have changed internal Zanu PF politics Mnangagwa’s government pulling out all the
largely defined by regional fault-lines, and politi- stops to get Moyo by all means.
cisation and weaponisation of ethnicity.
In November 2017, the military ousted the then president Robert Mugabe in a coup whose repercussions are still being felt.
Mnangagwa left for Nairobi on Tuesday and
returned on Thursday on a state visit preceded
by the third meeting of the Kenya-Zimbabwe
Joint Permanent Commission on Cooperation
co-chaired by Foreign Affairs permanent secre-
tary James Manzou who negotiated a number of
memoranda of understanding.

Mnangagwa and Moyo worked together in
2004 in a bid to resolve Mugabe’s explosive suc-
cession issue, but bitterly fell out after that.

Deep state sources who travelled with Mnan-
gagwa told The NewsHawks that the Zimbabwe-
an President wants Kenyatta to extradite Moyo
back home “to face the music”, while an inter-se-
curity taskforce continues to hunt him down to
arrest or bump him off.

Mnangagwa’s plan was a big ask for Kenyatta,
who is on his way out in August and is likely to
be succeeded by veteran opposition leader Raila
Odinga, an ally of main opposition Citizens’ Co-
alition for Change leader Nelson Chamisa, not
the Zimbabwean incumbent.

Kenyatta previously rejected the political ex-
tradition request after Moyo, who is married to a
Kenyan, fled to Kenya.

Moyo and his former Zanu PF G40 faction
colleagues, who were opposed to Mnangagwa’s
rise at the zenith of Mugabe’s succession battle,
now live in exile as they fear being jailed or killed
after surviving night raids and hails of bullets by
the army as it shot its way to power.

A deep state source told The NewsHawks:
“Zimbabwean state security agents, under the
cover of the advance team, have a mission to
hunt Moyo down. Mnangagwa will ask Kenyatta
to extradite him, but Zimbabwe has no extradi-
tion treaty with Kenya, so a special arrangement
would be needed.”

Zimbabwe’s National Prosecuting Authori-
ty (NPA) previously wrote to Kenya requesting
Moyo’s extradition on corruption allegations
linked to accusations that he and four others had
allegedly misappropriated U$244 575 from the
Zimbabwe Manpower Development Fund.

The plan failed.
The then NPA director, Kumbirai Hodzi, now
replaced by his deputy Nelson Mutsonziwa, who
was also involved in the mater, had prepared
indictment papers for Moyo’s trial in the High
Court, but Kenyatta refused, saying it was a po-

NewsHawks News Page 5

Issue 71, 11 March 2022

MOSES MATENGA Govt shields dodgy US$400m
deal from political scrutiny
THE government has ring-fenced a filthy US$400
million waste-to-energy Pomona dumpsite deal l ‘Filthy’ MDC-T councillors under fire
pushed through by Local Government minister
July Moyo from political scrutiny and possible fu- ment, any other political events or composition Local Government minister July Moyo Mutizwa said Nguwaya’s involvement was as a
ture revocation by inserting clauses that observers of council so they want to legislate knowing the Mutizwa said. result of him being picked by the foreign inves-
say were meant to safeguard the dubious contract by-elections may change dynamics.” tor to be their point man in Harare and represent
entered into with a Netherlands-based investor. “This started in 2018 when they came and met their interests.
But Mutizwa told The NewsHawks last night all expectations and financial muscle and the rea-
According to the controversial €304 million (at that the deal was beneficial to the residents and son why it was elevated to national status by gov- The acting mayor claimed there were lots of
least US$400 million) deal signed by the City of defended the presence of Moyo and Nguwaya at ernment is for ease of importing needed material benefits from the deal and the residents will be
Harare represented by acting town clerk Mabhe- the signing ceremony. and ease of operations,” Mutizwa said. the biggest beneficiaries.
na Moyo and Geogenix BV represented by Miliad
Lopa whose address was given as 520 H, 1017 “Due process was done. Tenderers who came Asked why Minister Moyo was part of the “The deal will leave us with a state-of-the-art
EK, Amsterdam, Netherlands, Harare is set to get in first during the days of (former) town clerk meeting at which the deal was signed, Mutizwa energy plant and integrated waste management
to generate up to 22 megawatts of electricity un- Tendai Mahachi had no money and wanted to said: “Why the minister came to see me was not structures, there will be a Pomona restaurant and
der the deal frowned upon by some councillors. use our memorandum of understanding (MoU) because he wanted to influence us. He came at all the infrastructure will be ours,” he said.
to source for funds. The second tenderers also the pretext of us as councillors to hear where gov-
Curiously, Geogenix BV has roped in contro- could not satisfy us and in came this company,” ernment was going to assist us to ease the burden It also emerged that three ministers: Moyo
versial businessman Delish Nguwaya as its local on our residents.” (Local Government), Soda Zhemu (Energy) and
representative, in what sources said was indication Monica Mutsvangwa (Information) last year vis-
of involvement of the First Family in the deal. ited some of the company’s plants in Albania and
Italy.
Nguwaya is close to the First Family, partic-
ularly President Emmerson Mnangagwa’s twin Engineers from Harare also visited the plants
sons Sean and Collins, and was mentioned in the together with the Zimbabwe Development and
controversial Draxgate scandal involving millions Investment Agency (Zida) and officials from the
of dollars that also roped in the President. Office of the President and Cabinet.

It also emerged that the deal was granted na- On the clause reportedly meant to shield the
tional project status to shield it from tender pro- deal from future political scrutiny, Mutizwa said:
cess requirements and ensure that it cannot be “If any of the parties breaches on the agreement,
challenged in the event of change of political sta- the clause is careful that they will pay the oth-
tus quo. To facilitate this, the parties agreed on a er. If they fail to satisfy us, we have the right to
“political force majeure event” clause. walk away. The dissolution clause is very clear,
any breach on either side, the one who breaches
The government is unsure who will be in is paying.”
charge of Harare after the 26 March by-elections.
In the event that Citizens’ Coalition for Change He said anything that happens in the 30 years
(CCC) councillors retain control of Town House, will not affect the project if neither party breaches
the deal is likely to be reversed. the contract. The government said the agreement
will be operated by the investor for 30 years and
Titled Concession Agreement to Design, Build is set to improve waste management and increase
and Operate the Harare Pomona Waste Manage- power supply.
ment Facility and Waste Energy Power Plant, the
deal signed in the presence of Moyo and Ngu- The investor, the government said, will design,
waya has come under scrutiny, amid fears the bur- build, operate and transfer the Pomona waste
den to pay millions of dollars will fall on residents management facility to an energy plant.
ultimately, while the political elite in Mnangag-
wa’s government and family are strategically posi- Feasibility studies have already been undertak-
tioning themselves to benefit. en by the investor after the 29 June 2021Joint En-
vironmental Management Committee, Finance
Political force majeure is described in the agree- and Development and Business committee meet-
ment as: “acts or omissions by any government ing that recommended to council to approve the
entity which occur after and which were not rea- deal. The project, government said, will be man-
sonably foreseeable on the date of signature of aged and operated by the investor for a period of
this agreement which have material adverse effect 30 years before transfer of the project to the City
on (i) the ability of the contractor to observe and of Harare.
perform any of its rights and obligations and or
(ii) the cost or the profits of such performance.” Harare has a history of dubious and costly deals
pushed by politicians taking advantage of a vac-
“Within 30 days of notice to the City of Hara- uum, including the land deals that were pushed
re of a Political Force Majeure Event, the City of before 2008 at a time a caretaker council chaired
Harare shall procure the remedy of the Political by Michael Mahachi was in place.
Force Majeure Event in question,” the agreement
read in part. Several Zanu PF politicians were linked to the
deals that saw the city losing huge tracts of land.
“Should City of Harare fail to procure the rem-
edy of the Political Force Majeure Event prior to Pomona dumpsite
the expiry of the 30 day period, the parties shall
discuss forthwith in order to reach a mutually sat-
isfactory solution to restore the Contractor to the
position it would have been in had such Politi-
cal Force Majeure Event not occurred (including
compensation for costs and loss of profits),” the
agreement signed on behalf of the City of Harare
by acting town clerk Mabhena Moyo read in part.

“Should the City of Harare fail to remedy or
restore within 60 days of the start of such con-
sultation (or if the City of Harare has failed or
refused to discuss), the contractor shall have the
right to terminate this agreement in accordance
with Article 37.2.”

The agreement also stated that even if there is
to be a change of statute, including on tax, that
will not affect the current agreement.

Suspended Harare Mayor Jacob Mafume de-
scribed the deal as “energetic corruption”.

“There is no way such a deal can be legal,” Ma-
fume said. “How do we as a landlord give some-
one a lease and we pay the rentals? It would be
criminal to do so,” he added.

“This is corruption which has drunk an energy
drink or taken Viagra. This deal is not legal, no
one can legally execute it .It’s not worth the paper
it’s written on. It is just not workable in any way,
shape or fashion,” Mafume said.

Mafume said such dubious deals were being
pushed by political actors knowing there is little
opposition to it after MDC-T leader Douglas
Mwonzora recalled at least 24 councillors sympa-
thetic to CCC leader Nelson Chamisa.

“There are numerous such deals. The MDC-T
councillors are just there to push corrupt deals.”

On the political force majeure, Mafume said:
“It means maybe there can be change of govern-

Ukraine Special ReportPage6 NewsHawks

Issue 71, 11 March 2022

BERNARD MPOFU Russia-Ukraine war tremors
rock Zim’s fragile economy
TREMORS from the Russian invasion of Ukraine
are spreading across the world, as well as in Zim- The country has experienced a rise in fuel prices (top picture) and basic goods, including mealie-meal.
babwe as record-high oil prices, excessive spending
during forthcoming elections and disruptions of time. Zanu PF denies the claims. Ukraine sending the prices of oil, gas and coal spik- “Any payments made to any other institution
wheat supplies stoke inflation, with ordinary Zimba- Foreign currency demand is expected to increase ing, the impacts here are already being felt. in Russia or Ukraine may be subject to additional
bweans suffering the brutal ramifications. scrutiny or delays by Bidvest Bank or correspondent
given inflation (greater need to preserve value) and South Africa’s financial services sector has also banks and will be done on a best effort basis,” a state-
Less than a month after Russian President Vlad- imported inflation, raising prices in US dollar terms, swiftly responded to sanctions by the US and oth- ment issued by Bidvest, one of South Africa’s largest
imir Putin deployed troops to western parts of Old Mutual further said. er Western powers by removing Russian banks from banks, reads.
Ukraine, knock-on effects of the conflict are now the Swift inter-bank network. Some corresponding
spreading across the globe. As the war rages on, its impact is already being felt banking arrangements with Russian banks were also “If a sanctioned entity or person is identified in
across the globe. Even a superpower like the United discontinued. the payment, the payment will be dispositioned ac-
Zimbabwe’s business sector is fretting over the States has sneezed, with inflation hitting a 10-year cording to the applicable sanction regulations, which
war and forthcoming by-elections amid fears that the high at 7.9%. This week, US crude oil spiked to a A Swift code — sometimes also called a BIC num- may include blocking or rejecting the transaction. If
polls will fuel politically motivated violence. 13-year high of US$130 per barrel. ber — is a standard format for Business Identifier a customer believes that the payment is authorised
Codes (BIC). It is used to identify banks and finan- by an OFAC General Licence, the payment order
Russia and Ukraine are major wheat producers due Regional powerhouse South Africa which along- cial institutions globally. It says who and where they must clearly reference the applicable OFAC General
to their favourable climatic conditions for the pro- side Zimbabwe abstained from a United Nations are — a sort of international bank code or ID. Licence in the payment message. Currently, Money-
duction of the cereal and the conflict between these General Assembly extraordinary vote on censuring Gram and Western Union payments to individuals
two countries is resulting in increased grain prices. Russia, will also feel the pinch. These codes are used when transferring money are still possible with more limited locations being
between banks, in particular for international wire able to payout in Russia and Ukraine.”
Economic analysts also contend that Zimbabwe, Increases in the price of fuel have taken the price transfers or SEPA payments. Banks also use these
which recovered from two years of economic contrac- of petrol inland to over R21 a litre — a 60-litre codes to exchange messages between each other.
tion, may backslide and miss its key growth targets tank now costs over R1 200 to fill. With the war on
due to the conflict despite getting a shot in the arm
from the International Monetary Fund.

The southern African nation received the equiv-
alent of nearly US$1 billion worth of IMF Special
Drawing Rights holdings to help cushion the country
against the effects of the Covid-19 pandemic which
has claimed the lives of millions across the globe.

Price of bread and Zimbabwe’s staple mealie-meal
also rose due to a war-induced spike in commodi-
ty prices on the global market. Official figures show
that Zimbabwe is consuming 16 000 metric tonnes
of bread flour monthly, and approximately 1.2 mil-
lion loaves a day. Demand for bread is expected to
increase as aggregate demand improves, owing to re-
moval of Covid-19 lockdowns.

Tafadzwa Musarara, the Grain Millers’ Association
of Zimbabwe chairperson, yesterday said the Grain
Marketing Board has increased the cost of maize
from ZW$43 000 to ZW$50 000 per metric tonne,
necessitating an upward review of mealie-meal prices.

“Maize-meal retail price for 10kg roller meal will
increase by 15% from ZW$955 to ZW$1 099. Bread
flour will move up by 14.74% from ZW$ 119 000
to ZW$136 544 per metric tonne,” Musarara said.

The millers say the wheat landing price has surged
from US$475 to US$675 per tonne, cautioning that
the upward trend was anticipated to continue on the
back of the disturbances in Eastern Europe. Wheat
constitutes between 30% and 42% of the cost of
bread.

The Confederation of Zimbabwe Industries (CZI),
the country’s manufacturing sector lobby group, said
rising fiscal expenditure during elections and the
Russia-Ukraine conflict would drive inflation. Com-
pared to its regional counterparts, Zimbabwe is the
only country that recorded annual inflation above
50% in January 2022.

“History has taught us that, a year prior to elec-
tions, there will be massive fiscal spending as political
parties campaign. In an economy like Zimbabwe,
massive injection of liquidity in the market has dire
consequences on the inflation front,” the CZI report
says.

“Due to high velocity of circulation of the local
currency, even if the government is using its own
funds to implement the expansionary fiscal policy, it
will have a bearing on money supply growth. Infla-
tion in Zimbabwe is largely a result of increases in
money supply.”

“Zimbabwe imports approximately 50% of its
wheat requirements for two main reasons, which are:
to cover for the deficit from local wheat production
and the second reason being that of enhancing the
quality of bread flour. Therefore, an increase in wheat
prices will translate into increased prices for goods
such as bread and cereals,” the CZI report further
reads.

Fuel prices have sharply risen twice in the past
week with experts saying prices of basic goods and
commodities will also head northwards.

The research unit of financial behemoth Old Mu-
tual warned that the rising political temperatures in
the country were likely going to escalate as the polls
draw closer.

Over 100 parliamentary and local authority seats
fell vacant due to recalls by political parties and the
deaths of incumbents.

Already, civil society organisations like the Crisis
in Zimbabwe Coalition and the Nelson Chamisa-led
Citizens’ Coalition for Change have raised the red
flag over the country’s political situation.

“Campaigns in February were marred by the death
of two individuals who attended a CCC rally. Ten-
sions between Zanu PF and CCC are on the rise. The
March 26 by-election results will be telling of the po-
litical mileage of the two parties,” Old Mutual said in
its latest economic environment report.

“The international community has raised concerns
against human rights violations with the EU and the
US maintaining sanctions. (We expect) continued
tensions on the political front, not ruling out vio-
lence.”

Zimbabwe has a long history of disputed election
outcomes with the opposition accusing the governing
party of election fraud and impunity during election

NewsHawks Ukraine Special Report Page 7

Issue 71, 11 March 2022

MOSES MATENGA ‘Russia-Ukraine War — Zim
should brace for severe crisis’
ZIMBABWE should brace for more price hikes
of basic commodities and debilitating fuel l Goods prices to surge l Fuel scarcity to spur inflation
hikes in the wake of the Russia-Ukraine war
with observers this week warning the situation 1
in the country may get worse as the bloody
conflict between the European protagonists 2
persists.
3
The war goes into its second week today with Zimbabwe recently witnessed an increase in fuel and food prices, resulting from the impact of the Ukraine-Russia war.
the United Nations saying almost two million
refugees, including Zimbabwean students
studying in Ukraine, have fled the country as
Vladimir Putin’s military fights on amid resis-
tance.

Things may get even worse for Zimbabwe
that is already reeling from a fading economy as
a result of drought, corruption, incompetence
and the Covid-19 pandemic.

Confederation of Zimbabwe Retailers chair-
person Denford Mutashu told The NewsHawks
this week that the crisis in Ukraine will have
devastating consequences, some of them al-
ready being felt in Zimbabwe and other African
countries.

“We should brace for price increases, not out
of our own making, but due to the increased
interconnectedness and global trade in recent
years,” Mutashu said.

“The oil and gas price shocks will be felt
across continents and will push prices of basic
and non-essential goods up as transportation,
cargo and air fees will spiral in response,” he
added.

Mutashu said the effects of the war will be
felt more in the next coming days if sanity is
not restored.

“If the oil price has shot up to the current
US$140 per barrel from an average of US$36
per barrel recently, yet the war is only in its 13th
day, your guess is as good as mine on prices and
supply constraints, if stability is not restored.”

The Zimbabwe Energy Regulatory Authority
(Zera) announced a fuel price hike for the sec-
ond time in a week.

Petrol now costs US$1.67 while diesel now
costs US$1.68 and speculation is rife that the
development will trigger a surge in prices of
commodities.

This, observers said, will also pile the misery
on the Zimbabwean economy that is in desper-
ate need of a boost that remains elusive due to
different factors.

Information secretary Ndabaningi Mangwa-
na said the recent increase in fuel prices due to
the impact of the Ukraine-Russia war showed
that Zimbabwe, like many other countries, is
not immune from the consequences of the con-
flict.

“The other day, I was talking to some compa-
triots who were arguing that the Ukraine con-
flict had little to do with us. Now check what’s
happening to world crude oil prices and the
soaring price at our own petrol pumps. Geo-
politics is about us without us,” Mangwana
said.

Last week, the Grain Millers’ Association of
Zimbabwe (GMAZ) warned of bread price
increases as a result of the war as Zimbabwe im-
ports 50% of its wheat from Russia. Both Rus-
sia and Ukraine contribute over 40% of global
wheat exports.
Several African countries have professed neu-
trality in Russia’s war on Ukraine, in what ob-
servers said was a careful approach not to upset
powerful countries they are benefiting from.
Russia and Ukraine are major suppliers of
food commodities such as wheat, soyabean and
barley to African countries with 2020 com-
bined trade of US$6.9 billion.
The Zimbabwean government has conceded
the crisis is already hitting the country, with
Energy minister Soda Zhemu saying in the
wake of the fuel crisis affecting the country, lo-
cals must embrace public transport.
“Let us take advantage of those buses to and
from our work stations maybe in the interim
whilst we watch what is happening on the in-
ternational arena, but we hope the situation is
going to improve,” Zhemu said.
He was heavily criticised for creating the im-
pression that the state-run bus company Zup-
co, which is falling to provide a reliable service
despite enjoying a legislated monopoly, has ca-
pacity.
Russia’s invasion of Ukraine began on 24
February.

Page 8 Ukraine Special Report NewsHawks

Issue 71, 11 March 2022

Global impact of US, EU oil embargo

Russia is the second largest crude oil producer in the world.

AMY MYERS JAFFE such as sanctions on Russia’s oil has high sulfur and other impuri- already boosting prices, even though the physical
Venezuela and storms that disrupted offshore ties, so refining it requires specialised equipment oil is still available in principle.
President Joe Biden announced on 8 March — it cannot be sold just anywhere. But other
2022 that the United States will ban imports of production last year in the Gulf of Mexico. But Asian buyers can take it, including India and There is a limit to how much oil is available to
oil from Russia, along with refined petroleum Russian crude oil is not really a baseload staple Thailand. replace lost Russian crude exports. Most export-
products, natural gas and coal. The ban is the for US refiners. Purchases were down to 84 000 ers are maxed out in terms of crude oil produc-
latest US action designed to punish Russia for barrels per day when the Biden administration Alternative oil sources for Europe? tion, but a few of the largest Middle East produc-
its invasion of Ukraine. Global energy policy formally announced the import ban. It will be Europe and the US could simultaneously in- ers could surge their output in the short term to
expert Amy Myers Jaffe explains how this step a minor inconvenience for US refiners to avoid crease crude oil sales from their national strategic put an extra one million barrels per day or more
is likely to affect oil prices — and Russia. Russian oil. stocks to lessen the blow of any further restric- onto the market.
tions on Russian crude oil imports to the G-7.
Russian oil supplies to US And the reverse is also true: US purchases The US is already selling 1.3 million barrels per The Biden administration has been continuing
Russia produces close to 11 million barrels barely register on Russia’s massive oil earnings. To day from its Strategic Petroleum Reserve and has talks with Iran to restart the nuclear deal suspended
per day of crude oil. It uses roughly half of this be effective, individual country bans must be ag- said it will increase these flows. China has also by former US President DonaldTrump in 2018. If
output for its own internal demand, which pre- gregated across many countries to produce con- released oil from its national strategic stocks to that happens, Iranian oil exports might rise from
sumably has increased due to higher military fuel sequences that actually affect the Russian purse. help ease oil prices. 800 000 barrels per day now to about 1.5 million
requirements, and it exports five million to six Biden announced on 8 March 2022 that the US Still, determining how much strategic oil to barrels per day within three months or so.
million barrels per day. would ban imports of Russian oil. release at once depends on perceptions about
According to its Finance Ministry, Russian oil the duration of the conflict and whether it could But Russia is a party to the nuclear deal and
and gas revenues exceeded initial plans by 51.3% What about other countries? escalate beyond Ukraine. Those are both un- has demanded guarantees that its economic trade
in 2021, totalling 9.1 trillion roubles (US$119 The challenge to institute similar bans is much knowns. with
billion). harder for Europe. The United Kingdom, which The US and other G-7 members also could
In October alone, revenues were 1.1 trillion is an oil producer, is also banning Russian oil ask Middle East countries to relax destination re- Iran will be exempt from any sanctions asso-
roubles, or almost US$500 million per day. imports, but getting other G-7 nations like Ger- strictions on their crude oil shipments, and press ciated with Russia’s invasion of Ukraine. That
Total budget revenues reached 25.29 trillion many, Italy and Japan to join will be a hard dip- countries like China and India to redirect other demand has slowed diplomatic progress.
roubles last year, up from 18.72 trillion roubles lomatic lift. oils of similar quality to Russian oil back to Eu-
in 2020. The Russian Finance Ministry had ini- It is not impossible, but Germany — the larg- rope if and when they increase their purchases Saudi Arabia has access to large stores of crude
tially projected an oil price of US$45 per barrel est economy in Europe — currently is holding from Moscow. oil in its vast global tank system and its tankers
when compiling the budget for 2021. The price off, though it is making plans to find alternatives. Such steps would help ameliorate additional that float at sea. In 2014, when Russia invaded
has instead averaged US$69. Now the price is About half of Russia’s exported oil is shipped upward price impact of any future G-7 restric- Crimea, US allies in the Persian Gulf held over
well over US$100 per barrel. to European countries, including Germany, Ita- tions on Russian oil imports. 70 million barrels in storage near Fujairah in the
According to the central bank, Russia’s total ly, the Netherlands, Poland, Finland, Lithuania, It is not certain that China and India would United Arab Emirates.
exports reached US$489.8 billion in 2021. Of Greece, Romania and Bulgaria. China is another cooperate, but it would be in their interests to do
that, crude oil accounted for US$110.2 billion, large buyer: It imports 1.6 million barrels per day so. They are major oil importers and would not They did this as a threat to Russia that a price
oil products for US$68.7 billion, pipeline natu- of Russian crude oil. want to see higher crude oil prices. war would ensue if Russian troops moved be-
ral gas for US$54.2 billion and liquefied natural It remains to be seen whether China will take yond that peninsula. Russia stayed in Crimea, so
gas US$7.6 billion. any extra Russian oil, which is likely to be highly How will it affect global oil prices? the oil was not released.
Today, Russia is the second largest crude oil discounted, and swap it out by releasing other One effect is already clear: Markets have an-
producer in the world, behind the United States barrels that could be scooped up by European ticipated possible energy sanctions on Russia by The Saudis have launched price wars that hurt
and ahead of Saudi Arabia, but sometimes that refiners. India has already bought Russian crude discounting Russian crude. Refiners who are not Russia’s economy before, in 1986, 1998, 2009
order shifts. Russia earned over US$110 billion cargoes at a sharp discount. obligated by firm legal contracts to take delivery and again briefly in 2020. But today’s oil mar-
in 2021 from oil exports, twice as much as its Since oil is a relatively fungible global com- of it are shunning spot, or non-contract, cargoes ket conditions make a price war an unlikely out-
earnings from natural gas exports. modity, at least some of Russia’s crude exports to exiting Russian ports. come, given the existing tight balance between
For the US, Russia is a relatively small oil Europe and other countries that may choose to One trade publication estimates that this has supply and demand.
source. In 2021 it provided 8% of US imports join the US and UK in imposing oil sanctions resulted in roughly 1.6 million barrels per day of
of crude oil and petroleum products. At times in may wind up being sent somewhere else. That Russian oil failing to find buyers. The result is a The only scenario that could trigger a price
recent years that share has increased, after events would free up other supplies from sources such large-scale disruption in global oil supplies that is war now would be if global demand were to con-
as Norway, Angola and Saudi Arabia to be redi- tract suddenly because of a recession.
rected back to Europe.
This is an update of an article originally pub-
lished on 1 March 2022. — THE CONVERSATION/
THE NEWS HAWKS.
l About the writer: Amy Myers Jaffe is a re-
search professor, Fletcher School of Law and
Diplomacy, Tufts University, United States.

NewsHawks Ukraine Special Report Page 9

Issue 71, 11 March 2022

NALIN KUMAR MOHAPATRA Geopolitical consequences of
Russia-Ukraine confrontation
THE conflict between Russia and Ukraine can be
looked at through the prisms of geo-culture, geo- The Russia-Ukraine war crisis will heavily impact on European energy security.
politics and geoeconomics.
Russia considered as inconsistent with Russian the traditional consumer of Russian energy. As per shell, India’s economic recovery could come up
If this continues, it may have a deeper impact ethos. The growing proximity of the Ukrainian a Eurostat report, the European Union imports against a bit of a strong headwind.
on the security of both Europe and Asia through leadership with Nato is at the heart of this conflict. nearly 45% of its gas and around 25% of its oil re-
its spillover effect. India because of its stature as a The stationing of Nato troops along with regular quirements from Russia. This energy supply chain As for the opportunity part, the conflict pro-
global power can play a major role in addressing maritime exercises especially in the Black Sea also has already been disrupted following the war. An- vides India a chance to be a global leader by help-
the complex geopolitics emerging out of the Slavic alarmed Russian policymakers. Similarly, Russia other point that merits attention is that since the ing resolve the crisis. Despite the sanctions on
geocultural space. through its Greater Eurasian policy, over the years Black Sea is the focal point of the present conflict, Russia, it is expected that Indian companies will
is also pursuing an aggressive path, especially in it will also affect the movement of Caspian oil and get exemption from the US and European coun-
After much speculation, the fratricidal war be- the post-Soviet space. As part of this strategy, Rus- gas through this route. This could have a signifi- tries in doing trade with Russia.
tween Russia and Ukraine is on and contributing sia wants to be a major maritime power through cant impact on the world energy market.
to a new kind of geopolitical complexity in Eur- greater control over both the Black Sea and the This will also, to a substantial extent, neutralise
asia. As news reports suggest, Russian troops have Mediterranean Sea. Western sanctions are likely to impair Russia’s Russia’s dependency on China.
marched up to Kiev, the capital city of Ukraine. interests substantially, as Moscow relies majorly on
This will propel Moscow to control the strate- the export of energy to Europe to sustain its econ- India’s position that the best way to resolve the
This raises many hypothetical questions. These gically important maritime corridor. It is in this omy. In this context, the decision of the Western dispute is through mutual negotiations has been
are: A)To what extent global players will involve context that Russia chose its target, Ukraine, to world to impose further sanctions could cripple appreciated by different quarters having stakes in
themselves in the present crisis? This is because send a strong message to Nato. Russia’s economy. As reports suggest, the value of the conflict. US President Biden has also reported-
the spillover effect is already being experienced by the Ruble is plummeting very fast and if this con- ly reposed faith on India for influencing Russia to
the neighbouring European countries in the form Another question that arises is to what extent tinues for a while, Russia’s policymakers will have resolve the stalemate. At the same time, instead of
of the flow of refugees from Ukraine. B) Will the the West will involve itself in the current conflict. a daunting task at hand. At the same time, the taking sides, India did the right thing by abstain-
present war take the shape of a Europe (Nato) vs In this regard, it may be underlined here is that growing dependence of Russia on China will put ing from voting at the UNSC. India maintained
Russia conflict? C) Another moot point that needs there are several reports which suggest that France it in a more vulnerable position. In fact, Moscow that “all member states should honour principles
to be discussed here is to what extent Russia can has promised to supply arms to Ukraine and the could be left dancing to Beijing’s tunes. of international law and the UN Charter, as these
overcome the slew of sanctions being imposed by US has also moved its naval warships to checkmate provide a constructive way forward”. By doing
the West? This is more so as Russia is still battling Russia. Similarly, as reported, Nato has also kept For India, on the other hand, the uncertain this, India strengthened its strategic autonomy
the sanctions imposed on it by the West after the its troops on standby to meet any future eventu- geopolitical situation arising out of the Rus- and enhanced its status in global politics.
Crimean crisis of 2014. At the same time, will the alities. However, this military assistance will not sia-Ukraine war is both an opportunity and a
present stand-off between Russia and Ukraine help Ukraine much at present because Russia has challenge. The rise in prices of oil and gas in the One can map out the conflict between Russia
push India to play a “balancing role” in global already captured a vast tract of Ukrainian territo- international market will have an impact on In- and Ukraine through the prisms of geo-culture,
politics? ries. If there is further escalation from either side, dia. Similarly, sanctions by the West will also to geopolitics and geoeconomics. Only these two
it will only harm innocent civilians. This may take a substantial extent hit India’s investment in Rus- sides can resolve their own outstanding issues
The present conflict situation between Russia the war into the heart of Europe and may aggra- sia — particularly in the energy and other mineral through negotiation. — THE ECONOMIC TIMES
and Ukraine appears quite unusual. This is more vate the situation culminating in World War III. sectors. l About the writer: Nalin Kumar Mohapatra
so as strategic analysts failed to predict that Mos- teaches at the School of International Studies
cow would launch an all-out war against Kiev, The present crisis is also going to have a deep- India’s defence sector may also face a problem at Jawaharlal Nehru University in New Delhi,
with whom it shares both a common culture and er impact on European energy security. Europe is in procuring equipment from Russia. In a nut- India. Views are personal.
history of more than thousand years.

The relationship between the two countries can
be seen in the context of a geocultural framework.
However, mutual distrust between these two
countries reached an alarmingly low level culmi-
nating in the present situation in recent years espe-
cially after 2004. This is a fact that Ukraine cannot
match the military might of Russia.

At the same time, Kiev is also not part of Nato,
which could have provided effective security
though it has applied for membership in the mil-
itary bloc since 2008. Hence it is no surprise that
Russia invaded Ukraine without much resistance.
One moot point of contention between Russia
and Ukraine is the continuous expansion of Nato
which alarmed Moscow more particularly in the
aftermath of the Colour Revolution that occurred
in Ukraine in 2004. This is the starting point of
the conflict between the two civilisational Slavic
brothers that contributed to the present strategic
stalemate.

It may be recalled here that in the middle of
the 1990s both Russia and Ukraine joined Nato’s
Partnership for Peace (PfP) Programme. Howev-
er, the image of Russia changed from a timid one
under Boris Yeltsin to an assertive one under the
leadership of Vladimir Putin at the beginning of
2000. Russia under Putin took steps to contain
the expansion of Nato and its ideals like democ-
racy, human rights and other liberal values which

. . . economic damage takes toll in the face of war

THE International Monetary Fund (IMF) exec- es. Should the conflict escalate, the economic to assess financing needs precisely at this stage, it of scarcity and supply disruptions and are most
utive board met on 4 March in a meeting chaired damage would be all the more devastating. The is already clear that Ukraine will face significant affected by the increasing inflows of refugees.
by managing director Kristalina Georgieva. Staff sanctions on Russia will also have a substantial recovery and reconstruction costs. Moldova has requested an augmentation and re-
briefed the board on the economic impact of the impact on the global economy and financial phasing of its existing IMF-supported program
war in Ukraine, and on possible fast-tracked fi- markets, with significant spill-overs to other Ukraine has already requested emergency to help meet the costs of the current crisis, and
nancial assistance for affected countries. countries. financing of US$1.4 billion under the IMF’s IMF staff are actively discussing options with the
Rapid Financing Instrument. Staff anticipates Moldovan authorities.
The war in Ukraine is resulting in tragic loss of In many countries, the crisis is creating an bringing this request to the executive board for
life and human suffering, as well as causing mas- adverse shock to both inflation and activity, consideration as early as next week. Staff will continue to monitor the spill-over
sive damage to Ukraine’s physical infrastructure. amid already elevated price pressures. Mone- effects on other countries in the region, in par-
It has sent a wave of more than two million ref- tary authorities will need to carefully monitor The sanctions announced against the Central ticular those with existing IMF-supported pro-
ugees to neighbouring countries. Unprecedented the pass-through of rising international prices Bank of the Russian Federation will severely re- grams and those with elevated vulnerabilities or
sanctions have been announced on Russia. to domestic inflation, to calibrate appropriate strict its access to international reserves to sup- exposures to the crisis. The ongoing war and as-
responses. Fiscal policy will need to support the port its currency and financial system. Interna- sociated sanctions will also have a severe impact
While the situation remains highly fluid and most vulnerable households, to help offset rising tional sanctions on Russia’s banking system and on the global economy. The IMF will advise our
the outlook is subject to extraordinary uncer- living costs. This crisis will create complex policy the exclusion of a number of banks from SWIFT member countries on how to calibrate their mac-
tainty, the economic consequences are already trade-offs, further complicating the policy land- have significantly disrupted Russia’s ability to re- roeconomic policies to manage the range of spill-
very serious. Energy and commodity prices scape, as the world economy recovers from the ceive payments for exports, pay for imports and overs, including via trade disruptions, food and
— including wheat and other grains — have pandemic crisis. engage in cross-border financial transactions. other commodity prices, and financial markets.
surged, adding to inflationary pressures from While it is too early to foresee the full impact
supply chain disruptions and the rebound from In Ukraine, in addition to the human toll, of these sanctions, we have already seen a sharp The IMF will continue to assess the evolving
the Covid‑19 pandemic. the economic damage is already substantial. mark-down in asset prices, as well as the ruble situation, and provide timely policy advice, fi-
Sea ports and airports are closed and have been exchange rate. nancial support, and technical assistance to our
Price shocks will have an impact worldwide, damaged, and many roads and bridges have been member countries as needed, in close collabora-
especially on poor households for whom food damaged or destroyed. While it is very difficult Countries that have very close economic links tion with our international partners. — IMF
and fuel are a higher proportion of expens- with Ukraine and Russia are at particular risk

Page 10 Ukraine Special Report NewsHawks

Issue 71, 11 March 2022

TSVETANA PARASKOVA There is no short-term fix
for new oil price volatility
RUSSIAN invasion of Ukraine has caused some of
the most volatile days in the history of oil markets Russia and other foreign adversaries, including cur- US President Joe Biden
and that volatility is not going anywhere. rently-sanctioned Venezuela and Iran.

The war in Ukraine has also shown, once again, Since the Joe Biden Administration started shun-
that the world very much depends on oil and gas ning US oil — which was on President Biden’s first
and any major disruption (or a threat thereof ) would day in office when he axed the Keystone XL pipeline
threaten global energy supplies and the energy secu- project for more oil from US ally Canada — the oil
rity of Europe and the United States. industry has repeatedly warned that constraining
American oil and gas production would undermine
The US administration has finally realised that it energy security.
needs to turn to its very own American oil produc-
ers for more supply, instead of months of pleading This became painfully evident after Putin invaded
with OPEC+ led by Saudi Arabia and Russia. The Ukraine, prompting calls from the industry for long-
calls from the administration for more US oil and term support for American energy.
gas production — right now, but only in the short
term, please—have intensified since Russia invaded “Approve The Permits,” the US Oil & Gas Associ-
Ukraine. ation said this week.

But the industry, neglected for over a year by the In response to White House comments that com-
Biden administration and demonised worldwide for panies are not tapping “9 000 approved oil leases,”
exacerbating climate change, has this to say to all the Western Energy Alliance said last week “The
those pleading for more oil production: We cannot Biden Administration has embarked on an agenda of
because of the time lag between drilling and first oil, regulatory overreach with extensive new regulations
also because of years of under-investment, capital in the works.
discipline, discouraging federal policies toward the
oil industry, and supply chain bottlenecks. “The uncertainty of all the new red tape puts a
damper on new investment and development to-
The oil sector needs more investment and this day, especially on federal lands where the burden is
could be a fix — in the longer term — to major sup- highest. Consequently, companies prioritise their
ply shocks, Exxon’s chief executive Darren Woods non-federal leases because there’s less regulatory
and other oil industry executives said at the CER- risk.”
AWeek by S&P Global energy conference in Hous-
ton this week. Todd Staples, president of the Texas Oil & Gas
Association, said on Tuesday: “The administration
The war in Ukraine and the resultant mayhem in calling on foreign countries to increase production a
global energy and oil markets underscored the global few months ago, rather than encouraging local jobs
nature of oil supply and trade, and the insufficient and local investment, had a chilling effect on expan-
investment in oil and gas in recent years, which is sion.”
now evident in the fact that there cannot be a major
boost to production from US shale and the interna- “This crisis should be a wakeup call that we need
tional oil majors. strategic American energy policy that treats oil and
natural gas as an asset and not a liability. The suf-
At the same time, demand is rebounding from fering of consumers at the pump underscores the
the pandemic slump and the world needs more oil, importance of domestic energy production, and
which cannot be supplied tomorrow — or even in American consumers are feeling the repercussions
months from now — by US shale, even if all compa- of canceled pipeline projects, delayed approvals for
ny executives were to ask their boards and investors permits and the discouragement of additional ex-
to approve limitless drilling budgets today. pansion, poor decisions all exacerbated by the war,”
Staples said. — OILPRICE.COM
Even before Putin invaded Ukraine, the world’s
dependence on oil and the rising demand had tight-
ened the market, which was one Libya outage away
from price spikes and supply deficits. Now that a
large volume of Russian seaborne supply — roughly
three times Libya’s daily output — is struggling to
find buyers amid sanctions and “self-sanctioning”
from traders and oil majors, volatility in prices nat-
urally skyrocketed.

US officials admitted as much at the Houston
conference.

“The volatility of price, and with supply and de-
mand, is something we’re going to live with for a
little while here in the midst of this,” Special Presi-
dential Envoy for Climate John Kerry said at CER-
AWeek as carried by The Wall Street Journal.

Nothing screams more volatility than the US$30
per barrel jump in oil prices since Putin invaded
Ukraine two weeks ago, and the crash on Wednes-
day, which saw Brent Crude dropping by US$15
a barrel after the United Arab Emirates signalled it
would support higher production levels from the
OPEC+ group. There are also Russian threats drop-
ping here and there of either stopping

Nord Stream 1 gas flows to Germany, or “Russia
may be forced to rethink its energy-supply commit-
ments,” as Kremlin spokesman Dmitry Peskov said
on Wednesday.

Faced with the highest gasoline prices since 2008,
the Biden administration is asking US oil producers
to open the taps. But only in the short term, because
the long-term priority remains clean energy and a
move away from fossil fuels. Production increases
“now” and “in the short term” featured in both the
White House’s announcement of a ban on Russian
energy imports and in the speech of Secretary of En-
ergy Jennifer Granholm at CERAWeek.

“We are on a war footing — an emergency — and
we have to responsibly increase short-term supply
where we can right now to stabilise the market and
to minimise harm to American families,” Granholm
said.

“So yes, right now, we need oil and gas produc-
tion to rise to meet current demand,” the energy sec-
retary said, focusing on the energy transition, while
asking US oil producers to pump more oil NOW.

However, the US oil industry cannot boost supply
right now.

Even if ConocoPhillips decided to pump more oil
today, the first drop of new oil would come within
eight to 12 months, CEO Ryan Lance told CNBC
on Tuesday.

Despite its flexibility to respond to soaring oil
prices, the US shale patch cannot come to the rescue
of the increasingly tightening oil market in the short
term, commodity intelligence firm Kpler said earlier
this week.

While the US shale patch made it clear that it
cannot boost production right now, it suggested that
the federal government should stop its anti-oil poli-
cies and support American energy in the long term,
so as to free the United States from dependence on

NewsHawks Ukraine Special Report Page 11

Issue 71, 11 March 2022

What’s the economic impact
of Russian-Ukrainian War?

ALTHOUGH primarily a humanitarian crisis, Critical points to note . . . pean Union?
what are the implications for the global economy The European Union is the most vulnerable
from the Russian invasion of Ukraine? Building l Using our Global Econometric Model, Ni- set by higher prices for gas and oil exports but
on the work of our latest policy paper, for our GEM, we estimate that the conflict in Ukraine the net effect on the economy will be nega- of the major economies, given trade links, reli-
Monday Interview deputy director Stephen Mil- could reduce the level of global GDP by 1% by tive with Russian GDP expected to contract ance on Russian energy to meet more than 60%
lard speaks to Patricia Sanchez Juanino, one of 2023, which is about US$1 trillion off global by 1.5% this year and more than 2.5% by the of its energy needs and the dependence on food
the report’s authors, about the findings. GDP (Figure 1) and add up to 3% to glob- end of 2023; supplies.
al inflation in 2022 and about 2 percentage l Russian inflation is expected to soar above
What could the sanctions, and ongoing con- points in 2023; 20% this year. Western inflation to go still Risk premia on some European banks have
flict, mean for the United Kingdom’s economic l Russia and Ukraine are important suppliers higher with recession risks mounting. We see risen and share prices have fallen. Markets will
growth, energy prices and inflation? of commodities, including titanium, palladi- the impact on the UK could be to reduce GDP be watchful for any sign of default or liquidity
um, wheat, and corn, and we envisage supply growth by around 0.8% to 4.0% in 2022 and problems for firms with strong links to Russia.
Obviously, our hearts go out to all Ukrainians chain problems intensifying for users of such to 0.5% in 2023;
at this dreadful time, and we can only hope that commodities, including car, smartphone, and l For the UK, we now expect inflation to av- We see the issue of Ukrainian refugees mostly
the sanctions imposed on Russia do have some aircraft-makers; erage 7% in 2022 and 4.4% in 2023, up from as a European issue; this will present substantial
effect. What does your analysis suggest will be l Europe is the region affected most, given 5.3% and 2.7%, respectively, in our February demographic challenges, mainly for western Eu-
the effect on the Russian economy? trade links and reliance on Russian energy and Outlook. rope and we expect higher public spending to
food supplies; emerging markets are affected l The war intensifies the dilemma facing solve them. In addition, the conflict is expect-
Conflict in Ukraine has negatively changed less than advanced economies; monetary policy makers since it will add to ed to increase military spending in Nato. Both
the global economy in less than a week. Just 12 l We expect higher public spending to sup- inflation but weaken growth and damage con- defence and refugees’ assistance expenditures are
days ago, before the war started, the Russian port a massive inflow of asylum seekers from sumer and business confidence, already under- likely to add pressure on resources and therefore
economy was one of the largest economies in the Ukraine and to bolster military spending, mined by Covid-19-driven price increases; and inflation.
world (the 11th biggest according to IMF data), which will limit adverse effects on European l Our advice is for central banks to proceed
it was a key supplier of commodities, particularly GDP, though both are likely to add to pressure carefully but to use communication to signal Using our Global Econometric Model (Ni-
energy and food. on resources and therefore inflation; that any delays in rate hikes are merely post- GEM), we estimate Eurozone GDP growth to
l The sanctions costs to Russia are partly off- ponements, not cancellations. fall by between 0.9 per cent and 3.0% in 2022
As quick-fire, the Russian economy has been and between 0.7% and 1.8% in 2023, compared
pummelled by Western unprecedented sanctions, nels through which this happens? through which the global economy is hampered. to our February forecast. We also expect inflation
unwilling to face a nuclear opponent on the bat- The war in Ukraine represents a challenge for We assume that the oil price jumps by US$40 rising to 5.5% in 2022 and 2.1% in 2023, as
tlefield. Sanctions imposed include freezing of per barrel in our simulation. against the forecasts we had of 3.1% in 2022 and
Russian central bank assets, targeting of wealthy the global economy harming growth and putting 1.3% in 2023 in the February forecast.
Russian individuals and some state-owned banks, upward pressure on inflation when inflation is Another channel is the large-scale emigration
partial access restriction to the international pay- already at high levels. Ukraine is not a signifi- from Ukraine; the UNHCR says there could be If sanctions were to be extended to Russian
ments system SWIFT and a stop from Germany cant trading partner for any major economy, but 4 million refugees as the crisis unfolds, and it will energy exports or were Russia to lower its gas ex-
to its Russian gas pipeline project. countries such as China, US, Germany, France, depend on border controls, length of the conflict, ports as a tool for leverage, European energy pric-
and Italy represent some of the major import and how the economy settles down after the war. es would rise precipitously, increasing the chanc-
Sanctions’ costs to Russia are partly cushioned partners for Russia. We have assumed a net outflow of two million a es of recession along with significantly stronger
by higher prices for gas and oil exports and the year in 2022 and 2023. inflation.
avoidance of restrictions through trade conduct- There are several channels through which the
ed with third countries, but the net economic conflict impacts on the world economy. The Finally, political risk and uncertainty may Finally, what will all this mean for UK GDP
impact on the Russian economy will be negative. Ukrainian and Russian economies are key suppli- drive up savings ratios and make firms more re- and inflation?
We have estimated these spillover effects using ers of commodities, including titanium, palladi- luctant to invest.
our Global Econometric Model (NiGEM). We um, wheat, and corn. Disruptions to the supply Russia has a great exposure to the UK, and as
expect the war to contribute to a fall in GDP chain of these commodities would keep prices In our simulation, we estimate that the con- the result of the conflict, we expect the impact
in Russia (relative to base) of 1.5% in 2022 and high, intensifying for users of such commodities flict in Ukraine implies that the level of global on the UK could be to reduce GDP growth by
2.6% by the end of 2023. Russian inflation is (including car, smartphone, and aircraft makers). GDP declines by 0.5% in 2022, and close to 1% around 0.8% to 4.0% in 2022 and to 0.5% in
likely to soar above 20 per cent this year due to by 2023 (which is about US$1 trillion off glob- 2023.
higher import prices following the fall in the rou- Secondly, significant escalation on energy pric- al GDP). It adds up to 3% to global inflation
ble and due to higher inflation expectations, re- es due to Russia being one of the world’s largest in 2022 and about 2 percentage points in 2023, The UK draws most of its gas imports from
sulting in lower confidence, weaker real incomes, oil producers and energy exporters, will lead into which would also increase the cost of living and Norway and produces a sizeable chunk of its own
and disrupted trade. higher inflation. could further put pressure on household con- gas needs, so interruptions in supply would be
sumption. less likely, but it would suffer from higher whole-
Overall, we expect actions against Russia Strong international economic sanctions sale gas prices.
could reduce foreign direct investment, leading on trade to Russia, which are more severe than And moving closer to home, what, and how
to outflows of capital, and reducing its long-term the ones imposed in 2014, are another channel large, will the economic effects be on the Euro- Higher energy costs, with global supplies al-
potential growth rate. ready tight, means a noticeable pass through-to
retail prices. We now see inflation to be around
Of course, the economic effects of the war and 7% in 2022 and 4.4% in 2023, up from 5.3%
the sanctions will be felt across the world. What and 2.7%, against our February Outlook. Our
does your analysis suggest will be the effect on simulation assumes the Monetary Policy Com-
world GDP and inflation and what are the chan- mittee (MPC) responds strongly to the rise in in-
flation. — NATIONAL INSTITUTE FOR ECONOMIC AND

SOCIAL RESEARCH (UK).

Page 12 Ukraine Special Report NewsHawks

Issue 71, 11 March 2022

NYASHA CHINGONO Russia-Ukraine crisis: Govt
ignores stranded students
DOZENS of Zimbabwean students remain stuck
in countries surrounding Ukraine after they fled Final-year medical student Keith Chitunhu (right), with his younger brother Trevor escaped from Ukraine to Romania.
a bloody war nearly a week ago, amid concerns
that cabinet this week failed to deliberate on the who risk losing years of education in foreign land. added. in Hungary or Germany is not easy. Nothing is
critical matter. “The reason why some students are acting like Soon after the invasion, Zimbabwean students predictable,” Chitunhu said.

Government ministers met this Tuesday for they do not want to come back home is that they were asked to register their names, phone num- This week also brought much relief for the
their weekly meetings to deliberate on various are not certain about the future. Over 95% of bers and hostel numbers. Zimbabwean students who were stuck in Sumy.
matters affecting the country, but conspicuously the students are studying medicine. We want
absent from the brief presented by Information to know from the government what is going to From the registers seen by The NewsHawks, Sumy, which is about 20 hours’ drive from the
minister Monica Mutsvangwa was the latest on happen to us. How are they going to integrate us most students indicated that they would not Polish border, has been under siege from Russian
the stranded students. back into system? Only after that will we be able want to come back home due to heightened un- forces with reports of train stations and bridges
to make decisions,” a student said. certainty over their future. being bombed.
This, observers said, suggested glitches in what
government had touted a success in evacuating “I would like to finish my medical degree at This week, Hungary extended an invite to Af- Students who have been in contact with The
hundreds of affected students. the University of Zimbabwe (UZ). We want to rican students to complete their studies in that NewsHawks said they are running out of food
know, from government what they are going to country through a special dispensation triggered and water, while their security continues to be in
The NewsHawks has it on good authority that do for us. There should be a method of integra- by the war. jeopardy.
the government has failed to provide return tick- tion.”
ets for some of the students who remain stuck in While this remains a viable option for some A student, only identified as Kuziva, on
different countries, including Romania, Hungary “Some students feel it's better to live in refu- students, many say they had run out of funds. Wednesday said he was on a train to the Polish
and Poland. gee camps close to Ukraine and come back when border, along with other students.
things are better. But as you know, the first op- “Hungary is offering students to finish their
This comes as at least 18 Zimbabwean stu- tion would be to come back home,” the student studies, but even if they offer, they want money. “Yes, we have been evacuated by the school.
dents who were also stuck in Sumy, a town in No student can pay for fees and start school. All I am in a train now, we are still on the move,”
north-eastern Ukraine near the border with Rus- the students are in trauma. Even to seek refuge Kuziva said.
sia, were rescued this week after nearly a week
under siege. Their university came to their rescue.

The Zimbabwean embassy in Germany has
facilitated tickets for some of the students while
many remain in limbo and are running out of
patience, but with little to do.

The NewsHawks understands that despite sub-
mitting personal details, some students have not
received their travel itinerary, nearly a week after
fleeing Ukraine which has been ravaged by Rus-
sian bombardment.

“Many students are still waiting for their flight
tickets and dates for travel. The embassy really
did a great job together with the diaspora, but
it seems there are still glitches,” a student who
sought refuge in Hungary said.

The government last week said it planned to
evacuate over 200 students, but scores are still
stuck in Europe.

“I have a friend who is yet to come. He sub-
mitted his name, but officials keep saying his
ticket has not yet been bought. Staying in Eu-
rope is expensive without an income, and he is in
dire straits. I hope he will get his itinerary soon
because he is desperate to come back home. It is
better to come back home, re-strategise and see
how you move on,” another student who arrived
in Zimbabwe this week said.

Contacted for comment, Mutsvangwa said: “I
am out of the country. Can you get in touch with
Foreign Affairs.”

Questions sent to Foreign Affairs deputy min-
ister David Musabayana went answered.

Zimbabwean students have in recent weeks
shared harrowing stories of their escape from
wartorn Ukraine.
Last week, The NewsHawks ran a story de-
tailing how, final-year medical student Keith
Chitunhu escaped Ukraine.
Chitunhu, who had only two months left to
complete his studies, fears he has wasted six years
of study.
Now a refugee in Romania, together with
thousands from different countries, the sixth-
year medical student at a university in Vinnitsia,
a small town next to Kiev, said he will not be
returning to Zimbabwe for now. He is seeking
asylum in Germany.
Chitunhu is among hundreds of Zimbabwean
students who spent two days on the road, brav-
ing the cold nights, long bus rides and haunting
fears that Russian leader Vladimir Putin’s military
might close in on them.
Coming back home is not an option for some
of the students.
For those who returned home, like medical
student Philemon Chizororo, starting life in
Zimbabwe will be tough.
“Many things have changed since I left in
2018. There are still some who are still waiting
for their tickets and others who just chose to stay.
The situation is still tense, but we will go back
when everything goes back to normal,” Chizo-
roro said.
Chizororo, who was due to begin his semes-
ter on 13 March, said he was devastated but will
trudge on with his studies if online lessons open.
“We will see what happens. If not, government
has to see what to do.”
Zimbabwean students say the government
should allow them to complete their degrees in
the country or make an exemption for those af-
fected by the war.
Uncertainty has gripped over 200 students

NewsHawks Ukraine Special Report Page 13

Issue 71, 11 March 2022

Page 14 News NewsHawks

Issue 71, 11 March 2022

AYESHA CHIDEMBO By-elections under threat as
rigging fears reign supreme
THE credibility of the 26 March by-elections
is under threat, as their outcome is likely to be A report claims by-elections are likely to be contested and controversial as a result of various irregularities created by Zec (below).
manipulated because the Zimbabwe Electoral
Commission (Zec) is compromised and mili- “It therefore suffices to say the military has amiss with delegating some of its duties to the Zimbabwe currently faces a risk of degenerating
tarised in favour of the ruling Zanu PF, a new always been affiliated to Zanu PF, one of the Central Intelligence Organisation (CIO), argu- into a securocratic state as indicated by the re-
report has revealed. contesting parties in the elections. Therefore, ing that it was consistent with the dictates of the cent events in the country’s political landscape.
the employment of former military men in Zec constitution.” In his address at a Zanu PF gathering disguised
According to a report by the Zimbabwe compromises and negates the independence as National Youth Day celebrations, President
Democracy Institute (ZDI) titled Zimbabwe’s and credibility of the commission. Recently, On the CIOs, the report noted: “The admis- Emmerson Mnangagwa openly declared Zim-
March 26 By-Election: Unpacking the Menu of Zec made an admission that there was nothing sion by Zec that it works with the CIO has left babwe as a military state.”
Electoral Manipulation, the by-elections are like- Zec tainted. Outside the militarisation of Zec,
ly to be contested and controversial as a result of
a number of irregularities.

“The country’s election management body,
Zec, in 2021 abruptly postponed the mobile
voter registration which was originally sched-
uled to commence on 6 December 2021.
Zec cited lack of national identity cards (IDs)
among eligible voters which are required when
one wants to register to vote,” the report read
in part.

“However, the country’s Civil Registry de-
partment has always been accused of engaging
in deliberate attempts of delaying the issuance
of IDs. As such, the eligible voters have always
found it difficult to access their IDs. This has
therefore inhibited their exercise of the right to
vote.”

The ZDI says voters were clandestinely
moved from their polling stations without their
knowledge and such a development is likely to
cause confusion, leading to many not voting.

“The ongoing 2022 voters’ roll audit by Team
Pachedu revealed that Zec, among many other
constituencies, moved voters from Glen View
South to Glen View North. The sum effect is to
turn away prospective opposition voters in the
forthcoming by-elections as was the case in the
previous elections,” the report stated.

“In the context of the March 26 by-elections
and the forthcoming 2023 harmonised elec-
tions, the voter registration exercise has indi-
cated that Zec is, indeed, captured by Zanu PF
and plays a facilitatory role in its longer stay in
power.”

“To facilitate Zanu PF’s power retention, Zec
has recently played four electoral manipulation
strategies, which are creating uncertainty in
voter registration, gerrymandering in voter reg-
istration centre allocation, manipulation of the
voters’ roll and militarisation. These four form
Zec’s latest menu for electoral manipulation
and is against the constitutional provision of the
independence of the commission,” the report
added.

The report also said there has been ambiguity
over the voter registration process in the country
and Zec is said to be on the centre of it, mean-
ing the elections are unlikely to be credible.

It also emerged that voter registration centre
allocations were done in dubious ways that saw
areas where the opposition commands a huge
following getting few centres compared to those
with Zanu PF strongholds.

“For example, Bulawayo, an opposition-dom-
inated province, has been allocated 152 voter
registration centres while the Zanu PF strong-
hold Midlands province was allocated 354 voter
registration centres.”

“It should be noted that the opposition got
11 parliamentary seats whilst Zanu PF got 0
seats in Bulawayo in the 2018 election whereas
in Midlands Zanu PF got 22 seats whilst the
opposition got 6 seats. When Zec increases vot-
er registration in the latter and suppressed it in
the former, there is no doubt that it deliberately
aimed at enabling more Zanu PF supporters to
register whilst suppressing registration of oppo-
sition supporters,” the report stated.

“The gerrymandering was also evident in
polling stations allocated to each province vis-
à-vis the voter population. Logically, a province
with more voter population should be allocated
more polling stations.’’

Zec’s irregularities, the report said, amount
to violation of the law and further erode public
trust and confidence in the electoral process.

“However, Zec has clandestinely moved vot-
ers from one polling station to another without
consulting and/or engaging the affected voters.
This is in clear violation of the law as provided
under Section 22A (2), 33(4) and 35(2) of the
Electoral Law.”

The report said there was also concern over
the militarisation of Zec which, according to
the report, has over 15% of its staff comprising
military personnel.

NewsHawks News Page 15

Issue 71, 11 March 2022

Kwekwe political
violence survivor
vows to limp on

RUVIMBO MUCHENJE He says this is the first time he had fallen victim Misheck Chiminya after he was attacked during a Citizens’ Coalition for Change rally in Kwekwe recent-
to political violence despite having been involved ly. Below, he is being interviewed by The NewsHawks journalist Ruvimbo Muchenje at another CCC rally in
MISHECK CHIKWINYA (39) limps from a ve- in politics for many years.
hicle parked behind the terraces at Mkoba Stadi- Gweru. — Pictures: Ruvimbo Muchenje
um, where the opposition Citizens’ Coalition for “There were small incidents here and there, but
Change (CCC) is having its rally. His fractured never of this magnitude. It was not like a planned
and heavily bandaged hand is supported by a terror attack like we experienced in Kwekwe,” he
sling, but the discomfort is evident to all. said.

As Chikwinya walks towards the venue of the Violence from political intolerance has been a
rally, he is stopped by some party supporters who common feature in the Midlands province which
ask after his wellbeing. In his croaky voice, he as- is home to a Zanu PF-linked terror gang called Al-
sures the concerned friends that he is in a better Shabaab. The terror group has also been wreaking
place than he was a week ago. havoc in the Midlands’ gold fields.

He is one of 17 people who were badly injured CCC’s acting organiser and member of Parlia-
at the CCC rally in Kwekwe, when marauding ment candidate for Mkoba in the upcoming by-
Zanu PF youths armed with stones, machetes, elections, Amos Chibaya, told The NewsHawks
spears and iron bars attacked opposition support- that the Kwekwe attack had resulted in the tight-
ers who were gathered at Section 4 shopping cen- ening of security at the party’s rallies, including at
tre. the Gweru rally.

A CCC supporter, Mboneni Ncube, was killed “We are a non-violent party and we have cho-
in the attack, after being stabbed with a sharp ob- sen a stadium today so that we can closely monitor
ject believed to be a spear. who gets in and who gets out. We have tightened
security to search for weapons to avoid violence,”
Besides a broken arm, he suffered head and he said.
neck injuries. His picture went viral on social me-
dia after the attack, making him the face of the Members of CCC have been subjected to vio-
barbaric attacks. lence from the state and the ruling party.

Chikwinya says he left the venue to seek re- On 26 January, a few days after the party was
freshments at a nearby bar, but he was attacked as launched, five men were beaten by police and de-
he left the bar going back to the venue. tained for 24 hours for allegedly wearing yellow
T-shirts in town.
“At 1420hrs, thereabout, we left for the venue
as we were anticipating the (CCC) president’s ar- On 19 February, 13 members of the party were
rival. Just as we turned to arrive at the venue, I was arrested after displaying posters of the party rally
hit by a stone. At first, I didn’t understand what while driving around central Harare.
was happening so I tried to get up and I was hit by
another stone as well,” he says. In Masvingo, 13 were detained for a similar “of-
fence”, but were later released.
“I remember being pushed down by quite a
number of people who had iron bars. They started
assaulting me, especially on the head, as you can
see. I had to use my hands to protect my head.

That is how I got some of my fingers damaged.
While I was on the ground covering my face and
head, they started assaulting me with logs on my
shoulders.

“It happened for a moment then I was left on
the ground that is when I picked myself up. I re-
alised I had no shoes, I had no phone. So, I man-
aged to find another pair of shoes, the phones were
gone. I walked towards the venue that is where I
found Red Cross people who bandaged my face.
Since I could no longer feel my hands, I could not
do anything with them.”

Despite the brutal attack and the fact that he
was still nursing injuries, Chikwinya was among
the thousands of people who attended the CCC
rally in Kwekwe on Sunday.

He says nothing will stop him, as he strongly
believes in the change agenda.

“I have come too far to quit now. I lost my late
teenage years by dedicating it to the movement.
The yellow movement is a breath of fresh air. It has
revived my hopes and spirit for a new Zimbabwe,”
Chikwinya says.

“It has come at a time when the country is in a
mess, both old and young see the formation of the
yellow movement as an opportunity to take the
situation into their own hands.”

Chikwinya had travelled about 60km from
Gweru to attend the rally in Kwekwe, only to leave
the party gathering on a stretcher enroute to To-
pomasi Hospital.

He was discharged from hospital on Wednes-
day, three days after the violence.

He says there was no way he would absent him-
self from the Gweru rally despite being a victim
of violence.

“There was no way I would miss this rally, this is
my home turf. This is where my career into main-
stream politics started. I had to be here,” he said.

Chikwinya says he has been working with the
opposition for a long time as a security detail at
rallies and other party programmes.

Page 16 News NewsHawks

Issue 71, 11 March 2022

Fierce contest for Harare Central seat

Murisi Norest
Zwizwai Marara

MARY MUNDEYA to bring trade and business opportunities into the capital Loice
to enable an increase in the bases of tax rates and, most Magweba
MURISI Zwizwai of the Citizens’ Coalition for Change importantly, create employment,’’ Marara added.
(CCC) party, Norest Marara of the MDC-Alliance, Loice Linda
Magweba of Zanu PF, Linda Tsungirirai Masarira of the Loice Magweba Tsungirirai
Labour Economists and Afrikan Democrats and Henry Magweba declined to speak to THe NewsHawks about
Gwinyai Rukanda of MA’AT Zimbabwe are jostling for her candidature. She is a renowned educationist and Masarira
the Harare Central parliamentary seat in the by-elections businessperson.
slated for 26 March. The seat fell vacant after Zwizwai
was recalled from Parliament by MDC-T leader Douglas Linda Tsungirirai Masarira
Mwonzora. Masarira (39) founded the LEAD party in 2019 with
the aim of taking head-on the selfish political party lead-
Murisi Zwizwai ers who obstruct ordinary citizens from enjoying Zimba-
The NewsHawks reached out to Zwizwai on more than bwe’s resources.
five occasions and, at each instance, he said he was going Born on 3 October 1982 at Whange Colliery Hospi-
to be in touch to discuss his candidature, but never did. tal, Linda — the eldest child of John Joseph Masarira,
Zwizwai is one of the longest-serving members of a retired chartered surveyor and Perpetua Masarira, the
Parliament. He served in the Government of National headmistress of Herman Gmeiner High School — at-
Unity (GNU) as deputy minister of Mines and Mining tained her primary education at Hallingbury Primary
Development. School in Harare and enrolled for secondary education
at Marlborough High School for Forms One and Two,
Norest Marara before moving to Chipindura High School in Bindura to
Marara (48) was born and raised in Chiweshe, Ma- do her Form Three up to Five.
zowe and he later came to Harare looking for employ- Her political career commenced in Hwange as an
ment after completing high school. MDC activist before dumping the party in protest, ac-
He is a father of four and a holder of an LCCI mar- cusing former MDC leader Morgan Tsvangirai of betray-
keting diploma, certificate in customs and clearing and is ing the people’s struggle by allegedly going into hiding in
currently studying towards attaining a Master’s degree in Botswana during the bloody 2008 elections.
Logistics and Supply Chain Management with a British Masarira has joined and left a number of political par-
university. ties such as the then Tendai Biti-led People’s Democratic
Marara joined the Movement for Democratic Change Party (PDP), the Thokozani Khupe-led MDC-T and
in 1999. He says his participation in party programmes was also a founder member of Tajamuka/Sesijikile, a so-
saw him becoming personal friends with the party’s cial movement that was a nightmare for the late former
founding father, Morgan Tsvangirai. President Robert Mugabe, demanding his ouster for de-
If elected, Marara intends to work with residents and stroying the economy and violating human rights.
encourage their participation in decision-making pro- Masarira said, once in office, she will add her voice to
cesses, as well as work cooperatively with relevant au- important labour issues in the National Assembly.
thorities to set up a trade investment office, among other If elected, she hopes to push for devolution of power
developments. and be a voice for labour issues in Parliament.
“I will work with residents and encourage their partic- “My campaign is mainly hinged on development,
ipation in our decision making. Whatever we do in the devolution of power, depolarisation and decolonisation
constituency must be driven by the residents, not by us of mindsets. I also want to focus on labour issues. It is
politicians to impose our ideas on them,” he said. unfortunate that we have former trade unionists who
“As an MP for Harare Central, I would also love to have neglected their role,” she said.
work cooperatively with members of Parliament, sena-
tors, councillors and central government to set up a trade Henry Gwinyai Rukanda
and investment office. The overarching strategic thrust is Rukanda’s phone went unanswered.

NewsHawks News Page 17

Issue 71, 11 March 2022

MARY MUNDEYA Kuwadzana East seat up for grabs

KUDZAISHE Ernest Chagadama of Zanu PF, Chalton Jedidiah
Chalton Hwende of the Citizens' Coalition Hwende Chigariro
for Change (CCC), Urayai Mangwiro of the Selestino Majiri
MDC-Alliance, Selestino Majiri of the Patriotic Urayai
Zimbabweans, David Chamunorwa Kachidza Mangwiro
of the United Zimbabwe Alliance (UZA) and
Jedidiah Chigariro of the United Democrat- ments should transform the listener into a bet- helping individuals answer the number one life aged so that they do not lose hope,” he said.
ic Alliance (UDA) are contesting to become ter way of thinking and living for the better- question on why are they here on earth. “Socially, I’ll deal with the issue of service de-
the member of Parliament for the Kuwadzana ment of humanity.
East National Assembly seat in the much an- If elected, Chigariro hopes to help the resi- livery, paying particular attention to amenities.
ticipated by-elections scheduled for 26 March. He is a holder of an international relations dents of his constituency spiritually, socially and I hope to see to it that the electorate experience
The seat fell vacant after the 2018 elected MP, and economics degree which he attained from economically. better service delivery on different facets.
Hwende, was recalled from Parliament by the Monash University.
then Thokozani Khupe-led MDC-T. “Spiritually in beliefs. People in our country “Economically we need extracurricular activ-
Chigariro is currently writing his debut inspi- for the longest time have lost hope on the voting ities for young people so that they practise ca-
Ernest Kudzaishe Chagadama rational book titled Why Am I? Which aims at exercise, for example people need to be encour- reers open to talent,” Chigariro said.
Chagadama declined to talk to The News-
Hawks about his candidature.

Urayai Mangwiro
Mangwiro (46), who was a councillor for 10
years, is hoping this by-election will make him
graduate into becoming a member of Parlia-
ment.
He did his early schooling at Kuwadzana Pri-
mary School and moved to Dzivaresekwa High
one for his high school.
Mangwiro is a businessman based in Ku-
wadzana East.
If elected into office, he hopes to continue
with the projects that he started when he was
councillor such as the rehabilitation of public
infrastructure and advocating for marginalised
groups such as orphans.
“When I was councillor, I fixed the Kuwadza-
na Hospital and drilled more than 30 boreholes
in Kuwadzana1, 2, 3 and 4, parts of Crowbor-
ough and Mufakose and I’m hoping to continue
in the same spirit”.
“I’m also hoping to push for the inclusion of
marginalised populations such as orphans, wid-
ows and the proper use of CDF (Constituency
Development Fund), so that the electorate in
my constituency benefit,” Mangwiro said.

Chalton Hwende
Hwende was elected member of Parliament
for Kuwadzana East in the 2018 general elec-
tions and was later recalled from Parliament by
Khupe.
He is a father of three and also a former
student leader who at some point was secre-
tary-general of the Zimbabwe National Stu-
dents Union.
Apart from politics, Hwende is a business-
man who owns a freight forwarding company.
His first quest to be a legislator was in July
2013 when he contested to be MP for Chegutu
West on an MDC-T ticket but he lost to Zanu
PF. In 2018, he contested for the Kuwadzana
East seat and won.
Hwende was unavailable to respond to lay
out his vision for the Kuwadzana East constit-
uency. Calls to his mobile number went unan-
swered.

Selestino Majiri
Born on 14 March 1985 in Mufakose, Maji-
ri attained his early education at Kuwadzana 4
Primary School and later moved to Kuwadzana
1 High School for his secondary education. He
holds a diploma in marketing.
Majiri said lack of development in the Ku-
wadzana East Constituency is what prompted
him to push to become a legislator.
“Our constituency is in need of a facelift. The
state of our infrastructure is deteriorating with
each passing day and nothing tangible has been
done for the past 10 years.
If elected, Majiri hopes to solve the school
crisis in the Crowborough area.
“I’m hoping to solve the school crisis that
the Crowborough community is currently fac-
ing which has resulted in children using un-
safe routes to school which is making them fall
prey to sexual predators, alcohol and substance
abuse, among other ills,” said Majiri.

David Chamunorwa Kachidza
Kachidza did not respond to calls and ques-
tions sent to him by The NewsHawks concerning
his candidature.

Jedidiah Chigariro
Chigariro is a transformational speaker and
life coach who believes public speaking engage-

Page 18 News NewsHawks

Issue 71, 11 March 2022

Magistrate under fire over CCC activists

MOSES MATENGA A magistrate failed to hear the bail application of CCC activists who were arrested for convening a car rally in February.

A HARARE magistrate has come under fire for state and of its own need to close early whilst “We really found the attitude of the courts it in our courts. It is in this spirit that we raise
refusing to hear the bail application of Citizens’ sacrificing integral human rights and constitu- unnecessarily discourteous: it is our legitimate this complaint with you.”
Coalition for Change (CCC) activists and fail- tional values our laws hold as most dear.” expectation to see the courts exhibiting propri-
ing to ensure the heavily assaulted supporters ety that shows such an appreciation of its consti- “Whilst we are mindful of the right of our
get immediate medical attention despite evi- “There was no purpose at all served in having tutional mandate. As stakeholders of the justice clients to take such matters to a superior court,
dence of severe injuries inflicted by the police. the accused brought to court on Saturday except system, we hope to get the best out of our jus- we believe that this may largely be an admin-
to tick a box of the 48 hours requirement in the tice system which primarily is realisation of the istrative issue regarding Saturday court sittings
Magistrate Yeukai Dzuda failed to hear the constitution, but missing the spirit of it which promise of justice for all who come looking for since we personally are yet to encounter any
bail application of the activists who were arrest- is to be heard.” such challenges within the week.”
ed for convening a car rally in February ahead of
the CCC’s maiden rally. The magistrate claimed Video evidence shows heavily armed police officers assaulting the CCC activists with batons and fists at Harare Central Police Station.
the courts had closed at 1pm, but the lawyers
frowned upon this as unprofessional conduct
from a judicial officer.

Video evidence showed heavily armed police
officers assaulting the CCC activists with batons
and fists at Harare Central Police Station, where
they were later charged with public nuisance.

In a letter of complaint dated 22 February
over the judicial conduct of the magistrate writ-
ten by the Zimbabwe Human Rights NGO Fo-
rum addressed to the provincial magistrate, the
organisation rapped the magistrate, saying her
actions were not in line with the constitutional
obligations of judicial officers.

“We write to express our serious concern over
the conduct of the court in the matter of State
versus Eliah Mutsindi and 12 others as presided
over by Esquire Yeukai Dzuda on Saturday Feb-
ruary 19, 2022,” the Zimbabwe Human Rights
NGO Forum wrote.

The rights group said the lawyers represent-
ing the accused arrived at the courts at 10am,
but the court did not sit until 12.35pm.

“Our clients only managed to get audience
with the court around 13.20pm and our lawyers
appeared on their behalf. There was no address
on the issue of the delay but rather a sharp re-
minder that a court closed its business at 1pm,”
the letter read in part.

“Our lawyers sought to make submissions
on the manner of arrest and detention of the
accused persons, which they believe vitiates on
section 50 of the constitution. Among such is-
sues were serious and grave assaults on the ac-
cused persons to access medical treatment.”

The Zimbabwe Human Rights NGO Forum
said the court declined to hear any submissions
relating to that application and proceeded to re-
mand the accused persons to 22 February.

“Our lawyers then besought the court for
determination of bail for the accused persons.
The state, through the attendant prosecutors,
submitted that bail was opposed and that there
was no time to hear the reasons. The court took
the same position despite the insistent plea by
our lawyers to be heard on this issue.”

“Once the court maintained its stance, our
lawyers, owing to peculiarity of the circum-
stances faced by the accused in the matter, be-
sought the court that at the very least, medical
practitioners should attend to the accused per-
sons to medically attend to the accused on this
application.”

“The court inquired the attribute of the state
which indicated that it had no instruction on
the point. The court then ruled that the matter
will be heard when the state had adequate in-
structions to respond to the matter,” the letter
said in part.

It could, however, not be immediately ascer-
tained where the state was set to get instructions
from.

“We are aggrieved by the conduct of the
Magistrate and more specifically in that: the
accused persons were unduly prejudiced by the
court sitting late and yet insisting on closing at
1pm and thereby not affording them the right
to be heard on decisions affecting them,” the
lawyers of the CCC activists said.

The attorneys said they were also aggrieved by
the magistrate’s failure to hear a bail application
that was supposed to be handled as an urgent
matter.

“They could not be heard on the issue of ac-
cess to a medical practitioner which issue is one
of law and has no need of ‘instructions’. Our
clients are concerned that this was unmindful of
the court to unjustifiably cause continuation of
the detention.”

“The court weighed heavily in favour of the

NewsHawks News Page 19
Norton MP Temba Mliswa
Issue 71, 11 March 2022

ZBC seeks to offload
ZW$200m legacy
debt onto taxpayers

MARY MUNDEYA rowing money and you are not paying. Where is
the pride? How does the other parastatal take off
THERE was uproar in the National Assembly when you are not paying? Chikwereti cheZBC
when the Portfolio Committee on Information, havadi kubhadhara mafuta kuministry of Energy
Media and Broadcasting Services recommended (ZBC would be refusing to pay for fuel from the
that the ministry of Finance should warehouse Energy ministry). How do they survive? Govern-
the Zimbabwe Broadcasting Corporation (ZBC)’s ment is the biggest business. They are given mon-
legacy debt. ey by Treasury. Let them go and ask for money
from the Treasury and they are given. These are
Through a report produced after conducting an the Bills that we have. When they get their mon-
enquiry into the state of the media titled The State ey, they will offset the Bills and there is balance
of the Media in Zimbabwe, the portfolio commit- and we are able to move forward. This is not help-
tee recommended that Treasury warehouse ZBC’s ing at all because we have one government and we
legacy debt that dates back to 2005. have got the same mother and father, it does not
mean that we must borrow from each other and
For years, the national broadcaster has strug- not give back. This is a bad culture. Because of
gled to function owing to a depleted vehicle fleet, that, it becomes a problem at the end of the day,”
poor remuneration for staff as well as debts ex- Mliswa said.
ceeding ZW$200 million owed to parastatals
such as the Zimbabwe Electricity Supply Chegutu East legislator Webster Shamhu dis-
agreed with Mliswa’s sentiments and pleaded with
Authority Holdings, Zimbabwe Revenue Au- the ministry of Finance to hastily look into ZBC’s
thority, as well as Largadère Sports and Entertain- legacy debt issue.
ment, among others.
“The committee is calling on the ministry of
Responding to the portfolio committee’s re- Finance and Economic Development to have
port, Public Accounts committee chairperson and cleared the ZBC legacy debt by March 2022.
Gweru Urban legislator Brian Dube expressed This is a very important recommendation which
reservations at the Media committee’s recom- should be looked at seriously by the ministry of
mendation to have Treasury assume ZBC’s debt Finance. When we talk of a legacy debt, it means
by March without a forensic audit having been that a parastatal or even a company is reeling un-
conducted. der a legacy debt. It will face a number of prob-
lems. It is difficult to reform or implement effec-
“Personally, I’m against the warehousing of tive restructuring, in other words, even when you
debts for institutions without forensic audits hav- want to turn around, you find it impossible. Even
ing been done so that we establish how they got if you have very good management, it cannot
into debt and why they have been failing to pay come out of an endless pit. In other words, the
in the first place. legacy debt needs to be removed and I know that
the minister of Finance will take this issue with
Institutions must not just wake up and have the seriousness it deserves,” he said.
their debts inherited by the government. It’s not
the smart way of running a country,” he said. Zimbabwean taxpayers have been burdened
with toxic debts arising from a number of failed
Dube also spoke of the need to not only as- government programmes such as the scandalous
sume debts, but also reform institutions to en- farm mechanisation scheme, as well as failed state-
hance good governance. owned enterprises such as Air Zimbabwe and Zis-
coSteel.
“Some of these institutions are actually coming
out in the Auditor-General’s report for practicing ZBC Pockets Hill studios
bad governance and we must make sure that if
they are in that state, we don’t only assume the
debt, but also reform them. Having ZBC paying
huge allowances to its board members and buying
its executives big cars at the same time not being
able to pay their debts is not so smart,” Dube said.

Norton legislator Temba Mliswa echoed
Dube’s sentiments, asking why parastatals that
have an opportunity to make money through ad-
verts are seeking help from Treasury.

“It provokes a debate of why parastatals rely
on the Treasury all the time when they have an
opportunity to make money. The whole point
about media and television is advertising. I did
not hear in this report where they touched on
how much money they are making from adver-
tising. There was none at all. Why are they not
making money from advertising?’’

Mliswa also bemoaned the politicisation of
state-owned media, which he said has led to the
lack of professionalism at ZBC.

“If I have to ask honourable members here, un-
less you have been at a rally and ZBC has been
in your constituency — how many watch ZBC?
It is polarised. I am a member of Parliament in
this House representing national interest but be-
fore they come, they must seek authority from
the board chairperson that we are going to Temba
Mliswa who is an independent MP, must we go?
It must not be the question. How many members
of Parliament from the opposition are covered?
Anything to do with Norton, they are not there;
oh, he is independent and not Zanu PF. MDC,
we cannot go. When they report on PPPs, it is lies
again. State-owned media means that it belongs
to the state and everyone,” Mliswa said.

He added that it is important that parastatals
pay their debts to other state-owned enterprises to
avoid crippling one another.

“The issue of government parastatals owing
money to the other must stop. Let each parastatal
give Caesar what belongs to Caesar. This is what
has incapacitated most parastatals. You are bor-

Page 20 News NewsHawks

Issue 71, 11 March 2022

Jittery Zanu PF in fresh NGO threats

MOSES MATENGA . . . as PVO Bill faces public rejection

ZANU PF has issued fresh threats to private vol- Zanu PF parliamentary chief whip Pupurai Togarepi
untary organisations (PVOs), accusing them of
using violence and mobilising people to push a tarian work and provide humanitarian support to-day running of PVOs will mean that commu- tion in pursuit of a regime-change agenda.
sinister political narrative in a fresh fight that has to affected communities complimentary to gov- nities will not benefit from NGO assistance,” a The Zimbabwe Lawyers for Human Rights,
revealed the ruling party’s determination to si- ernment’s support,” the Zimcodd said. Kariba resident told a recent public hearing.
lence dissent ahead of the 2023 general elections. the Zimbabwe Association for Doctors for Hu-
Residents in Kariba told a public hearing that “As young women in Kariba, we are getting man Rights and teacher organisations have been
This follows what the non-governmental or- the involvement of the state in the running of family planning assistance from PVOs that our named as some of the organisations allegedly
ganisations said were overwhelming rejections NGOs was a threat to their independence, ar- local clinics are failing to provide. We have re- working against the government.
of the PVO Amendment Bill by citizens across guing it was the people who will suffer the con- ceived trainings from NGOs and if the Bill pass-
the country. Ordinary citizens and their commu- sequences. es in its current form, as women, we will suffer.” The rights lawyers represent victims of mainly
nities have been the biggest beneficiaries of the state-sponsored violations, among others roles,
operations of the organisations. “I am saying no to the Bill because, by defi- President Emmerson Mnangagwa and the while the doctors provide medical assistance to
nition, NGO means they are not regulated by Zanu PF government have publicly attacked survivors of rights violations, explaining why
Last week, civil society organisations warned the government. State involvement in the day- NGOs, accusing them of siding with the opposi- they said have been targeted by the authorities.
of dire consequences that include hunger, loss
of millions of dollars in foreign currency, escala- Zanu PF says NGOs are working with opposition parties to pursue a regime change agenda.
tion of human rights violations and health crisis
among others if Zanu PF’s call for the Bill to pass
succeeds.

Zanu PF is pushing for the Bill, arguing that
NGOs were working with the opposition par-
ties to pursue a regime change agenda, hence the
need to clip their wings.

Zanu PF officials agitated by citizens’ negative
sentiments to the Bill have warned that the law
will not be stopped by what they see as a for-
eign-sponsored narrative.

“NGOs should respect our process and our
laws, not make Zimbabwe their playground,”
Zanu PF parliamentary chief whip Pupurai Tog-
arepi told The NewsHawks this week.

“The lawlessness we are seeing where some of
these NGOs are bussing people to public con-
sultation meetings should stop forthwith. The
PVOs Bill is not for politicking but to bring san-
ity in the PVOs environment,” he added.

Togarepi said the NGOs who “stick to their
mandate” and not delve into politics. He vowed
that Zanu PF will emerge the winner even in the
wake of public anger.

On claims by the opposition that Zanu PF
was fretting over the perceived alliance between
the NGOs and the opposition that will likely de-
rail its strategy ahead of the 2023 elections, Tog-
arepi said the claims were “hogwash”.

“It’s the usual hogwash from the same an-
ti-Zimbabwe elements who believe they should
not be subjected to the laws of this land yet in
other jurisdictions they respect laws governing
their operations,” the former Zanu PF youth
league secretary said.

“Those saying that are hypocrites. Every law
goes through the lawmaking process as stipu-
lated in the constitution of Zimbabwe. We are
currently at the public consultation stage and
Zanu PF will listen to the people of Zimbabwe
then act accordingly during debates and voting,
should it come to that.

Togarepi boasted of the ruling party’s upper
hand in the legislature, saying: “Don’t blame
Zanu PF for its majority in Parliament unless
someone wants to rewrite the basis of democracy.
Zanu PF is the voice of the majority and, if those
we represent say so, then without fail the Bill will
sail through.”

But human rights defenders said the PVO
Amendment Bill in its current form is a danger
to democracy.

Southern Defenders team leader Washington
Katema said: “The PVO Amendment Bill is a
current and present existential threat to the in-
dependent civil society and civic space for HRDs
(human rights defenders) in Zimbabwe.”

“It is part of President Mnangagwa’s authori-
tarian consolidation agenda, which taken togeth-
er with the Patriotic Bill and the general shrink-
ing of democratic space, both online and offline,
is a concerted attempt to lock up the playing
field for democratic competition and citizen par-
ticipation — and throw away the keys,” Katema
said.

“Civic space is the oxygen for HRDs and its
absence suffocates HRDs,” he added.

The Zimbabwe Coalition for Debt and Devel-
opment (Zimcodd) said PVOs were not enemies
of the government but were aiding humanitarian
work mainly in vulnerable communities.

“PVOs are not the enemies of the state. Rath-
er, they are public-benefit groups or associations
of persons or institutions that conduct humani-

NewsHawks News Page 21

Issue 71, 11 March 2022

Journalists strategise on co-regulation

MOSES MATENGA Zinef chairperson Dumisani Muleya

MEDIA experts say players must come up with in what they will give. The proof of meaningful “It is all because the government wants to way we can.”
a clear co-regulation position and implementa- engagement would be a very well appreciated control the media. All is to limit freedom of ex- Misa Zimbabwe director Tabani Moyo said:
tion strategy to ensure the government does not and accepted Bill that espouses everything that pression and what we can write. Anything criti-
manipulate the process to come up with a posi- was discussed and the essence of a bad Bill is the cal to them will become unethical and you will “We have been pushing for this co-regulation
tion similar to state regulation. one that discards what was discussed and agreed be unethical by being ‘unpatriotic’,” Moyse said. for some time. We are concerned over why the
to.” government seem to be backtracking on what
Currently, the Zimbabwe Media Commis- “Be careful and stop that. Some will come we would have agreed over co-regulation and we
sion (ZMC), a statutory body, is responsible for Veteran journalist Andrew Moyse said there with criminal penalties, by the way, so be wary have to be clear that we do not want to usurp
regulating the media, with players in the indus- was a need to be wary as the government was of this Bill. It will be a heavy burden on all of the powers of the ZMC, but we want to be the
try initially insisting on self-regulation. likely to want to maintain its grip in controlling us as journalists. We are being bullied but polite first to hear the complaints and then take over
the media. about it. You have to stop it or delay it in any from there.”
The government is, however, working on the
Media Practitioners Bill, which seeks to em- Government is working on Media Practitioners Bill, which seeks to embrace the principle of co-regulation.
brace the principle of co-regulation and a draft
is expected by April.

Speaking at the stakeholders’ conference on
media co-regulation on the Media Practitioners
Bill this week, participants said co-regulation
must be clear and not favour the state at the ex-
pense of practitioners.

The event was organised jointly by the Volun-
tary Media Council of Zimbabwe (VMCZ) and
the Media Institute of Southern Africa (Misa)
Zimbabwe chapter and attended by several me-
dia organisations, academics and journalists.

Zimbabwe National Editors Forum (Zinef )
chairperson Dumisani Muleya said co-regula-
tion is the way to go, but actors must be wary
of state manoeuvres to maintain a grip in an ar-
rangement similar to state regulation.

“There is no doubt that the state, where they
sit now, they are trying to manipulate how
co-regulation should work in order to retain the
practice and substance of state regulation,” Mu-
leya said.

“This is their agenda. I will be surprised that
they will be actually thinking the same as we are
doing — they are not,” he added.

Muleya, who is also Managing Editor of The
NewsHawks, said the Bill was at a critical stage
that needs “a strategic retreat which this rep-
resents in order to crystalise and consolidate the
process and the gains made so far.”

“You need legitimacy and therefore you need
to carry at all times all your stakeholders and
part of carrying them is not just about gathering
like this but update them to know where we are,
what is happening and what needs to be done.
In this last mile we are in we need to cross the
line as a united front and get what we are lob-
bying for.”

“We need a strategy because any negotiation,
all the time it is about power relations. It is not
about how loud you shout on top of the tables
or how angry you become or how friendly you
are to the authorities, none of those. It is about
power relations and have we redefined our pow-
er relations with the policymakers?”

“What’s going to be the matrix? Are we going
to two bodies or one consolidated body? We are
hearing of the word eclectic, who is part of this
eclectic mix? Who are the players? Let us know
them in advance because if we don’t they will
then be introduced at some stage where we will
not be able to reverse and in the process you can
have an eclectic mix which is as bad as state reg-
ulation because if you are going to have a body
with most of its representatives favouring a sta-
tus quo, it doesn’t help,” Muleya said.

Voluntary Media Council of Zimbabwe exec-
utive director Loughty Dube said co-regulation
was the way to go and said the government’s
sincerity on the matter will be seen by the draft
they will present.

“What is incumbent is the government has
come up with a co-regulatory framework so
what we want is a framework that espouses both
self-regulation and statutory regulation,” Dube
said.

“There is no need for the government to set
up new bodies but just to recognize the statuto-
ry Zimbabwe Media Commission (ZMC) and a
self-regulatory body through the structures and
we are hoping that when they do that they allow
the independence of the two bodies executing
the same task which is to enhance professional-
ism in the media using a common code of eth-
ics,” the Media Alliance of Zimbabwe (MAZ)
deputy chairperson said.

“The sincerity of government will be seen
when they produce the draft Bill because they
are the ones doing it. Their sincerity will be seen

Page 22 News NewsHawks

Issue 71, 11 March 2022

Mystery solved? On the trail of much-
shared photo supposedly of Putin,
Machel and Mnangagwa in the 1970s

A picture that went viral on social media claiming Russian President Vladimir Putin (pointed with arrow) trained African freedom fighters, including Mozambique’s founding president Samora Machel (fourth from
left) and President Emmerson Mnangagwa.

NALEDI MASHISHI The Komitet Gosudarstvennoy Bezopasnosti Chinese instructors, not Soviets. ly part of a different military intelligence branch
or KGB was a foreign intelligence and domestic “After the collapse of fascism in Portugal, and called the Glavnoye Razvedyvatelnoye Upravlenie
SINCE Russia’s invasion of Ukraine, a grainy security agency of the Soviet Union. or GRU. The GRU had no formal connection to
photo has resurfaced with the claim it shows the signing of the Lusaka agreement on Mozam- the KGB.
Vladimir Putin training African freedom fighters The photo and its associated claim resurfaced bican independence [on] 7 September 1974, all
– including Mozambique’s Samora Machel and online after Russia launched a full-scale invasion the Frelimo guerrillas left Tanzania and went back Photo likely taken days before
Zimbabwe’s Emmerson Mnangagwa — in 1973. of Ukraine in late February 2022. to Mozambique. So who was Putin supposed to Machel’s death in 1986
But does it? be training between 1974 and 1977?” he said.
Opera News, a website that is widely read in There are other red flags in the photo. While
Did Russian president Vladimir Putin train Af- Africa, republished the claim on 27 February. An . . . but Mnangagwa and Putin’s timelines the man identified as Putin resembles mod-
rican freedom fighters in Tanzania in the 1970s, opinion piece argued that Africans should sup- don’t match the photo ern-day Putin, the Russian leader was born in
including former Mozambican president Samora port Russia in the war because Putin had trained Leningrad, today’s St Petersburg, in 1952. This
Machel and current Zimbabwean president Em- freedom fighters from South Africa, Mozam- The timeline also does not add up for Zimba- means he would have been 21 years old when the
merson Mnangagwa? bique and other neighbouring countries to “stand bwean President Mnangagwa. Mnangagwa was photo was taken. I thought the man in the photo
against Western bullies”. recruited into the Zimbabwe African People’s looked quite a bit older than 21 and Telepneva
That is the claim in a viral graphic that a Twit- Union, or Zapu, in 1962. There is also evidence agreed, adding that he “does not really look all
ter user asked us to verify. The graphic includes We do not usually fact-check opinion pieces, that in 1963 he passed through the Frelimo head- that similar to the young Putin”.
a low-quality black and white photo of a group but when they are based on claims that do not quarters in Tanzania. But he was arrested in 1965
of men in military uniforms. In the middle is a seem to be verified we need to ask questions. and given a 10-year sentence for sabotage, so he I also managed to find a few photos of Putin in
man the graphic says is Samora Machel. To his left would have been in prison when the photo was his early 20s, which show that he looked notice-
is another identified as Vladimir Putin while the It is important to note that both Russia and taken. ably younger than the man in the photo.
man to Machel’s right is said to be Mnangagwa. Ukraine formed part of the Union of Soviet So-
cialist Republics, better known as the USSR or Fauvet added that the man to the right of I finally reached out to Dr Luca Bussotti, an
The header reads: “Taken in 1973 during free- Soviet Union, until it collapsed in 1991. The Machel bears a “passing resemblance” to Antonio associate researcher at the Centro de Estudos In-
dom fighter training in Tanzania.” Text below USSR also provided military aid to resistance Hama Thai, a senior Frelimo commander. ternacionais — Instituto Universitário de Lisboa
adds: “Putin stayed in Tanzania for 4 years train- movements in African countries. and an expert in Lusophone African politics and
ing freedom fighters.” So Mnangagwa isn’t in the photo, but what history. He was able to offer some additional clues
Photo does show Samora Machel . . . about Putin? I reached out to Dr Vladimir Shubin to the photo’s origins.
I did a reverse image search hoping to quick- While a reverse image search didn’t provide who was secretary of the Soviet Afro-Asian Sol-
ly find a clear-cut answer. Instead I found myself any clues on the origin of the photo, I was able to idarity Committee, the Soviet state organisation Bussotti said his contacts had told him the
doing a historical deep dive into a rather com- find a better quality version of it. The man in the that facilitated support for African revolutionary photo was taken in Mozambique in 1986, just
plicated claim. Does the photo show Putin with middle does appear to be Samora Machel. A few movements. He told me that the claims in the days before Machel and 24 others died in a plane
Machel and Mnangagwa? And did the Russian comparisons with other photos of Machel in the graphic were “nonsense”. crash on 19 October.
leader train freedom fighters in Tanzania for four 1970s match him to the man in the photo.
years in the early 1970s? Machel joined the Front for the Liberation of “In 1974 [Putin] was a student,” Shubin said. “The supposed person identified as Putin is a
Mozambique, known as Frelimo, in 1962. Fre- According to biographies of Putin, he gradu- Soviet agent of [the] KGB,” he said. “His presence
We checked. limo fought to liberate Mozambique from Por- ated from Leningrad State University with a law is due to the fact that the USSR had doubts on
Graphic doing the rounds for years tuguese colonial rule and came to power with degree in 1975. This means he was in the USSR the loyalty of Samora, because of his travel [to] the
independence in 1975. Machel, the commander at the time the graphic claims he was training sol- States and his meeting with Reagan.”
The claim has been circulating on websites and and chief of the Frelimo army, was independent diers in Tanzania.
socialmedia since at least 2018. Mozambique’s first president. Dr Natasha Telepneva is a lecturer at the Uni- Machel had met US president Ronald Reagan
Frelimo’s headquarters were in Bagamoyo, Tan- versity of Strathclyde Glasgow and an expert on on 19 September 1985 to strengthen relations be-
The earliest instance of the photo I found was zania. They included a training camp in Nachin- the history of both the Soviet Union during the tween the US and Mozambique. I wasn’t able to
in an October 2016 post on JamiiForums, a pop- gwea, southern Tanzania, which had Chinese Cold War and socialism in Africa. She said that find other evidence of Machel’s meeting with the
ular Tanzanian discussion forum. It claimed the instructors. Machel met his wife Graça Machel while she could not verify the photo, she had “se- Soviets, but this is the most credible explanation
photo showed Putin visiting African countries in in Tanzania in 1973 and there are photos of him rious reservations” about the graphic’s claims. I’ve gotten so far.
the 1980s. there, indicating he plausibly could have been in “Putin joined the KGB only in 1975, first
Tanzania at the time the photo was taken. working in Leningrad before being transferred to So could the KGB officer be Putin after all?
Other publications expanded on it. The Zim- But the timeline is off. Paul Fauvert is the ed- East Germany in the 1980s,” she said. Still no. All the experts I contacted confirmed that
babwean website iHarare claimed the photo was itor of the Mozambique News Agency’s English Telepneva added that even if the photo was tak- Putin was stationed in East Germany at the time
taken in the Tanzanian town of Kaole, near Baga- service. He said Frelimo soldiers were trained by en later, Putin was part of the KGB. Those who and there is no record of him going to Tanzania.
moyo. Tanzania Times further claimed Putin was trained African liberation movements were main- l About the writer: Naledi Mashishi is a re-
a “KGB boss” who trained African freedom fight- searcher at Africa Check.
ers between 1973 and 1977.

NewsHawks News Page 23

Issue 71, 11 March 2022

Govt neglecting us:
Chiredzi villagers

Chilonga Bridge was washed away by
Cyclone Eline in 2000 and replaced by a low-lying

bridge, impassable during rainy seasons.

MORRIS BISHI Construction of Tugwi-Mukosi Dam has worsened the situation, as the Runde River is still flooded. television frequencies from South Africa and
Mozambique since our area is unable to access
VILLAGERS in Chiredzi South and parts of eas in the country, but if you look at it, it seems years back where they pegged a site for a new local frequencies and this only means that we are
Chiredzi East have accused the government of our people are inferior to others as we saw many bridge, but the community is still waiting to see always out of touch with what is happening in
neglecting them after it failed to replace a bridge bridges being repaired. These guys only come development taking off. our country. The low-lying bridge at Chilonga
which was washed away by floods at Runde Riv- to us when they want our votes. Did you know is giving us big problems yearly, mostly during
er in the year 2000, with nearly one hundred that only a few senior government leaders have “This problem is now seasonal and we are los- rainy seasons. We cannot access critical services
people having died so far while trying to cross visited our area since Independence and if you ing our people who are dying trying to cross the and this is why most of our people are behind
the river during rainy seasons. look at our infrastructure we are behind many river every year. This season, l know five peo- in terms of development and other issues. We
areas in the country. We saw some of the minis- ple and we lost three of them recently when a call upon authorities to look into this matter ur-
The 100-metre-long bridge at Chilonga, ters coming to Chilonga for lucerne (grass proj- vehicle was swept away by the water while try- gently,” Ngwenyeni said.
which was critical to the national economy as ect) which will affect us but they do not visit us ing to cross the river and a police officer later
it links the lowveld town of Chiredzi and San- to hear our development problems. Last year, a died while trying to retrieve one of the bodies. Masvingo provincial secretary for devolution
go Border Post, making it the shortest distance helicopter with ministers only passed through We hope to have a new bridge soon as govern- Jefta Sakupwanya told The NewsHawks that the
between Mozambique and Harare, was washed our area when they were inspecting the area ment despatched a team of engineers three years bridge needed at Chilonga is a capital project
away by Cyclone Eline in 2000 and replaced by which will be taken by Dendairy. They do not back,” Chief Chilonga said. which cannot be funded by devolution funds
a low-lying bridge, which is impassable during want to face us directly,” the traditional leader and can only be funded by the ministry of
rainy seasons. said. Headman Ngwenyeni, born Kennias Mu- Transport. However, he said his office is seized
kachana, from Malipati, told The NewsHawks with the issue since it is now a problem affecting
The problem, which is now seasonal, is mak- Chief Chilonga, born John Ben, told The that people in his area are no longer expecting people from south of the Runde River.
ing life difficult for villagers based south of the NewsHawks that at least five people have died a proper bridge at Chilonga as all hopes have
Runde River as they fail to access Chiredzi, this season alone as they try to cross the Runde since faded. He said it is difficult for people to “We are aware of Chilonga bridge which is
their nearest town, when the river is in flood. River and the figure could be higher as many in- travel to Chiredzi through Rutenga, which is urgently needed, but that is a capital project
Many people have died as a result, with those cidents are not recorded. He said officials from nearly 200km longer and more expensive, with which cannot be funded by devolution funds.
needing critical medical attention left with no the Department of Roads came to the area a few the ill dying in their homes. Devolution funds are not for such big projects,
option but to die in their homes as they can- it can only be done through the ministry of
not afford to access Chiredzi through Rutenga, “The first thing is that we access radio and Transport. It’s true that people are losing lives
which is almost 200km longer than the distance annually, we are concerned about that and we
via Chilonga. are pushing to to have that bridge constructed.
If it means looking for funds from partnerships
The government’s failure to replace the bridge with private players, we will do that, ”Sakup-
for the past 20 years has left the mostly Shan- wanya said.
gaan-speaking community with no option but
to conclude that the government does not care Chiredzi South legislator Kallisto Gwanetsa
about its welfare. It is also the area where over told The NewsHawks that he raised the issue
10 000 families are facing eviction to pave way with the authorities several times and he hopes
for a lucerne-grass plantation and the villagers a solution will be found without further delay.
are accusing the government of failing to con- He said people are dying in the river every sea-
sult them over the project. son and villagers have resorted to using home-
made boats to access Chiredzi when the river is
Chiredzi South is one of the least developed in flood, a practice which has proven dangerous.
areas in the country with poor road network,
shortage of schools as well as health facilities. A senior government official in Masvingo
The area has poor telecoms network coverage told The NewsHawks that it is surprising that
and villagers rely on radio frequencies from Chiredzi South is being omitted from several
Mozambique and South Africa as they cannot government development programmes such as
access local radio and television stations. Zinara funding and the Emergency Road Reha-
bilitation Programme. He said the Sango Bor-
A traditional leader from Chikombedzi told der- Rutenga road, for whose upgrade the gov-
The NewsHawks that the treatment of the Shan- ernment announced that funds will be released,
gaan people in Chiredzi is clear segregation by is still yet to be upgraded almost four years after
the government since the authorities are not the announcement.
concerned about their plight. He said bridges
damaged in 2000 were repaired in other areas The construction of Tugwi-Mukosi Dam has
but all calls to have Chilonga bridge recon- worsened the situation as the Runde River is
structed are not being considered. still flooded, owing to the opening of flood gates
at the country’s biggest inland dam.
“This was a disaster which affected many ar-

Page 24 Editorial & Opinion NewsHawks

CARTOON Issue 71, 11 March 2022

Beware the
Ides of March

WHEN Russia launched its catastrophic military attack Blackout: Russia cracks down
on Ukraine on 24 February, lots of naive people and self- on independent media outlets
styled fencesitters around the world glibly remarked that
the war was none of their business. Hawk Eye

Well, they are in for the shock of their lives; this inva- Dumisani
sion is affecting everyone on the planet — whether you Muleya
are partisan, non-aligned or anarchist. The price of oil has
spiked alarmingly.

This, in turn, is pushing up the cost of food — and the
price of basically everything else.

The United States is witnessing the fastest annual infla-
tion rate in 40 years.

Zimbabwe, a perennially fragile economy, is already
reeling from the price shocks.

This week alone, stunned Zimbabweans gasped when
the pump prices of petrol and diesel shot up not once but
twice within a momentous week. Fasten your seat belts;
worse is coming.

By the time you read this editorial comment, the price
of the staple maize-meal would have increased by at least
15%.

The landed price of imported wheat is also rising,
pushing up the price of bread.

Both Russia and Ukraine are leading producers of
wheat. Russia is the world’s third-largest producer of pe-
troleum.

It would be illogical to yank offline the world’s 11th
largest economy within a matter of days and still expect
the global economy to continue functioning normally.

It was the German philosopher Georg Hegel who fa-
mously said: “The only thing that we learn from history
is that we learn nothing from history.”

Wars, invasions and other major military operations
are bound to have geopolitical consequences. Political
leaders have a responsibility not only to keep the peace
but also to actively avoid war. But when conflict becomes
inevitable — a reality that history has often rudely re-
minded us of —nations must plan on how best to cush-
ion ordinary citizens from economic upheaval.

Such forward thinking cannot be a linear decision-mak-
ing process; while the counting of bombs and bullets is
important, you dare not forget to plan for livelihoods and
survival.

Tragically, it is Zimbabweans who will feel more pain
from this war than any other nationalities in our neck of
the woods.

This country’s myopic, selfish, corrupt and incompe-
tent leaders are the stuff of legend.

Right now this country has the most expensive fuel in
southern Africa.

There is no justification for this scandalous state of af-
fairs.

Zimbabwe is not the only land-locked country on the
continent, therefore the lame argument of geographical
location falls away.

When you look at the hefty taxes levied on fuel, an
outrageous picture quickly emerges: utter greed. The
country’s fuel sector is controlled by cartels whose benefi-
ciaries are high-level characters, who use their proximity
to political power to pocket hefty profit.

In the blink of an eye — particularly during elec-
tion season — unbearable food and energy prices could
provide a dangerous powder keg to the impoverished
long-suffering population, sparking mayhem.

The Zimbabwean government must get its act together.

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
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Website: www.vmcz.co.zw, Facebook: vmcz Zimbabwe

NewsHawks New Perspectives Page 25

Issue 71, 11 March 2022

Times of uncertainty: KYC, AML in crypto

GLOBAL uncertainty has intensified policy and a set of guidelines to fol- industry aim to ensure maximum coin, have huge potential and space The third and most important
with international payment systems low so that they can be easily con- compliance on both local and inter- for money laundering. Therefore, it factor to consider here is that all the
being disrupted daily by new inno- trolled. national levels. These rules are based seems to be easy to access an autono- transactions are stored on block-
vations and technologies. on a specially developed and struc- mous way to pursue unlawful flow of chains that allow access of the trans-
This includes all the legislation tured approach to data. In addition money. According to The National action to only the person making it
With sanctions on payment sys- and regulations that prevent unlaw- to that, these rules further expand Law Review, Bitcoins are based on a and the one receiving it. Therefore,
tems becoming a powerful weapon ful and criminal activities within the to monitoring the transactions and fully autonomous, decentralised, and this attribute appears to be a big
for foreign policy implementation cryptocurrency space. The Financial ensuring that they avoid suspicious online structure, which is why they challenge for the law enforcement
among global superpowers, alterna- Action Task Force (FATF) appears to activity within the system. are quite vulnerable in terms of mon- agencies to track a digitally funded
tive payment systems such as crypto- be the authority to define anti-mon- To completely overcome these ey laundering.  According to the ar- unlawful activity and identify the
currency are gaining traction. ey laundering (AML) policies. In challenges, VASPs are required to ticle, it is even easier to convert these real person behind it.
addition to that, the European Com- conduct in-depth adverse media digital coins into cash compared to
However, money laundering con- mission has also introduced several screening, increase If you think AML is the most
tinues to be one of the biggest prob- unique and new AML policies for focus on KYC, important thing to consider before
lems on a global scale. Governments cryptocurrencies. monitor transac- starting your crypto journey, then
and law enforcement agencies are tional activities, Econometrics you need to take care of several ele-
working at their best to eliminate it To comply with the stated poli- and conduct risk ments. First of all, you should seek
but it seems there is a long way to cies, virtual asset service providers analysis on public HawksView expert advice on Initial Coin Offer-
go. It not only encompasses conven- (VASPs) are required to make every records. ing (ICO) and Security Token Of-
tional money but also appears to be a effort that can restrict money laun- These and fering (STO). These are tokens used
huge vulnerability within the crypto dering. Some of the most common many others are a in the finance industry to support
space. VASPs include Stablecoin Issuers, few top trending Tinashe Kaduwo crowdfunding projects, carry out
Cryptocurrency Exchanges, NFT and most discussed financial transactions, etc.
Today, digital currencies have Marketplaces and DeFi Protocols. approaches to avoid money launder- transferring physically existing bags
become way easier to purchase and They have dedicated compliance offi- ing in the crypto space. It is also evi- of money. Along with that, you need to
due to their decentralised nature, cers who look into these matters and dent that the lack of education with- In addition to that, the level of learn the various internal and exter-
the industry is continuously go- manage KYC and suspicious activity in the governmental and regulatory anonymity within the system further nal AML regulations of the country
ing through significant criticism in monitoring within the system. level is also a huge barrier. According encourages ease and flexibility with- where you live and where you trade
terms of funding unlawful activities to most industry leaders within the in the system for those who want to to. Lastly, stay connected with reli-
and money laundering. The crypto space is facing a few crypto space, authorised people and funnel money to unlawful and crim- able crypto communities and sources
but critical challenges in terms of institutes are also required to gain inal activities. While not 100% of that deliver valid industry insights.
To stay ahead of this rising con- money laundering. This requires a thorough understanding of dig- the system depicts similar attributes,
cern, regulatory bodies are now VASPs to adopt intelligent and ef- ital currencies and the dynamics in only a minute percentage of a flaw  
introducing a universal set of an- fective approaches such as enhanced which they exist. within the system has the potential *About the writer: Tinashe
ti-money laundering (AML) legisla- due diligence and the use of diverse Digital currencies, especially Bit- to breach the law easily. Kaduwo is a researcher and econ-
tion which will help them to prevent media sources to identify potential omist. He writes in his personal
money laundering within the crypto- risks. capacity. Contact kaduwot@gmail.
currency exchanges and their related com whatsapp +263773376128
services. The current AML rules of the

Know Your Customer(KYC) is a
prominent client guideline within
the global financial services segment.
According to this guideline, the fi-
nancial experts should make appro-
priate efforts to confirm and verify
the identity and financial risks of
the client for a business relationship.
This guideline extends the scope to
the financial institutions’ anti-mon-
ey laundering policy.

It requires both broker and deal-
er to make enough efforts to assess
each other’s identity, purpose, and
financial profiles to avoid any type of
violation of the stated law. Now, the
world has entered into the digital era
where things are quite different but,
still, most ideas rely on the conven-
tional fundamentals.

In the crypto space, KYC guide-
lines are almost the same as in the
conventional system. To set up a
crypto exchange account, the user
is typically required to go through a
Know Your Customer procedure as
the standard identity verification for
the system. It is required by all major
crypto exchanges and is considered
important to understand for crypto
trading.

This includes the date of birth, the
social security number, and the phys-
ical address of the applicant. In addi-
tion to that, some exchanges also ask
for a copy of a valid government-is-
sued ID, driver’s licence, or passport.

Within a few years, cryptocur-
rency has revolutionised the global
financial market. It has been con-
stantly transforming from a so-called
financial bubble into a prominent
reality with huge potential to grow.
This not only gave rise to the number
of people getting involved in it but
the demand for controlling money
laundering within the system. There-
fore, crypto exchanges now require a
well-defined anti-money laundering

Business

MATTERSNewsHawks

MARKETS CURRENCIES LAST CHANGE %CHANGE COMMODITIES LAST CHANGE %CHANGE
EUR/USD 1.168 +0.001 +0.05 -1.402
USD/JPY 109.75 +0.03 +0.03 *OIL 62.61 -0.89 +0.123
GBP/USD 1.362 -0.002 -0.154 -0.39
USD/CAD 1.29 +0.007 +0.55 *GOLD 1,785.3 +2.2 +0.44
AUD/USD 0.713 -0.001 -0.098 +1.14
*SILVER 23.14 -0.09

*PLATINUM 975.5 +4.3

*COPPER 4.087 +0.046

Zim’s inflation highest in Sadc

DUMISANI NYONI

ZIMBABWE is the only country in the South- The CZI says the country’s month-on-month inflation is not in line with government’s expectations.
ern Africa Development Community (Sadc)
that has annual inflation of above 50% so far The CZI said the ability to control M1 and linear trend is upward sloping, which is not in will set the path back to the downward trends
this year, a situation putting the economy at M3 will determine whether inflationary pres- line with government’s expectations in inflation of 2021. Without immediate policy correction
a disadvantage to its regional competitors in sures will be contained in the outlook. containment. decisions, it is difficult to see how this trend will
terms of trade. retreat on its own,” the CZI said.
It said fine-tuning the foreign exchange auc- Month-on-month inflation feeds into annual
Information gathered from the Confeder- tion market will only be as effective as how inflation and for the first two months of 2022 Year-on-year inflation for February was
ation of Zimbabwe Industries (CZI) shows quickly and how comprehensively it is done. average annual inflation was 63.4%. 66.1% up from 60.6% in January, according to
that in January 2022, the country’s inflation data published by the Zimbabwe National Sta-
hit 61%, followed by Angola at 28%, Zambia “The target set by the Reserve Bank of Zim- “This current trajectory will make it difficult tistics Agency.
(15%), Botswana (11%), Mozambique (8%), babwe (RBZ) for inflation is quickly slipping if not impossible for the authorities to achieve
Mauritius (7%), South Africa (6%), Namibia away, and there is need for urgent intervention the set target of 35% annual inflation by end of Morgan & Co estimated that inflation will
(5%), Tanzania (4%) and Seychelles at 4%. before inflation starts to spiral upwards in the 2022,” it said. exceed 100% in 2022 and the exchange rate
face of external shocks,” it said. could deteriorate to about ZW$400 per United
The CZI said this underlines that while im- “Changing the trend requires immediate and States dollar by year-end.
ported inflation could be affecting the trajecto- The CZI said the month-on-month inflation not delayed action on the policy correction that
ry, domestic factors are playing a larger role as
the pass-through effect would also be expected
in other Sadc countries.

High inflation levels put the country at a dis-
advantage to its regional competitors in terms
of trade.

“There is urgent need to reverse the upward
trend in inflation as further delays might see the
situation getting worse in the following months
as inflation expectations take hold due to de-
velopments at the global level,” the report reads
in part.

The 2022 monetary policy statement has
forecast an end-period annual inflation range of
25% to 35% in 2022.

This is on the back of reserve money target-
ing, open market operations and fine-tuning of
the foreign exchange auction market.

The CZI said reserve money targeting is nec-
essary but not sufficient to control money sup-
ply growth, hence the central bank must also
focus on M1 and M3. M1 is the money supply
that is composed of currency, demand deposits,
other liquid deposits — and includes savings
deposits — while M3 includes currency, depos-
its with an agreed maturity of up to two years,
deposits redeemable at notice of up to three
months and repurchase agreements, money
market fund shares or units and debt securities
of up to two years.

BERNARD MPOFU SecZim mulls whistleblower facility

ZIMBABWE’S capital markets regulator is curities which is not backed by market forces. corruption, fraud and other inappropriate lishment of the Securities and Exchange Com-
considering working with an independent Gerald Dzangare, SecZim acting chief ex- workplace behaviour. mission which is the regulatory body for the
consultancy firm as it plans to set up a whis- securities and capital markets in Zimbabwe.
tle-blower and complaints facility which seeks ecutive said plans are underway to promote SecZim is the regulator for capital markets Commissioners were appointed on 1 Septem-
to plug malpractices, The NewsHawks has transparency and accountability of publicly and players such as the Zimbabwe Stock Ex- ber 2008 whilst the secretariat was established
learnt. listed companies. change, Victoria Falls Exchange and the Fi- in 2009.
nancial Services Exchange, investment man-
The Securities and Exchange Commission “We want the investor to be able to com- agers, investment custodians among others. The SecZim’s key functions include regulat-
of Zimbabwe (SecZim) has since its forma- municate to the regulator on any anomaly ing trading and dealing in securities; to regis-
tion investigated several cases of suspected they find. We are working on an internet sys- Capital markets provide a platform for the ter, supervise and regulate securities exchang-
price manipulation on the equities towards tem. We are also looking on whether or not a trading of securities such as shares in compa- es; to license, supervise and regulate licensed
year-end as some companies seek to appease third party can come in,” Dzangare said. nies, debentures, government stock, among persons; to encourage the development of free,
shareholders. others, and they enable issuers of the securities fair and orderly capital and securities markets
Some companies listed on the Zimbabwe to raise money or capital. in Zimbabwe and to advise the government
Market manipulation refers to artificial in- Stock Exchange like Masimba have subscribed on all matters relating to securities and capital
flation or deflation of the price of a security. to an independent whistleblowing service run SecZim was established through the enact- markets.
Also known as price manipulation or stock by audit firm Deloitte. Under this service, ment of the Securities Act (Chapter 24:25).
manipulation, it involves the literal manipu- stakeholders are encouraged to report theft, Section 3 of the Act provides for the estab-
lation of a financial market for personal gain.
It involves influencing the behaviour of the se-

NewsHawks Companies & Markets Page 27

Issue 71, 11 March 2022

DUMISANI NYONI Elections to derail fragile
economy — Think-tanks
AS the nation gears for the 2023 general elections,
the stakes are high and most of the damage will be A research company claims that ahead of the 2023 general elections, stakes are high and most of the damage will be felt in the economy.
felt in the economy, researchers and think-tanks
say. litical organisations of their choice. responded through a widespread and brutal crack- Morgan & Co estimated that the inflation will
Zimbabwe conducted its national elections on down on citizens. exceed 100% in 2022 and the exchange rate will
Zimbabwe has slid into election mode, with deteriorate to about US$1:ZW$400 by year-end.
two major parties seeking to assert themselves 31 July 2018 that were marked by incidents of In addition, the government ordered a partial
ahead of the polls, which are still more than 10 post-election violence. internet shutdown, and mobile and internet ser- “As the jostle for power plays on, most Zim-
months away. vice providers were ordered to block citizens from babweans (including those in the diaspora) have
Opposition party supporters protested the late social media sites. The crackdown attracted do- yearned for some form of economic and political
The euphoria heightened following an an- release of election results by Zec and the author- mestic and global condemnation. stability for many years now.”
nouncement by the Zimbabwe Electoral Com- ities responded by unleashing murderous soldiers
mission (Zec) that it had drafted a roadmap for on unarmed civilians. According to the BTI 2020 country report, The report notes that even after the November
by-elections to fill vacancies in Parliament and Zimbabwe rates poorly (115 out 137) in terms of 2017 coup, the expectation was that the Zimba-
local councils. There is also abundant evidence of the suppres- the state of economic and political transformation. bwe chaos was finally over and there was hope for
sion of civil liberties. a new normal.
Zanu-PF leader Emmerson Mnangagwa and Due to political issues, among others, Morgan
his Citizens’ Coalition for Change (CCC) coun- Just recently, CCC member Mboneni Ncube & Co predicted that Zimbabwe’s gross domestic However, the reality on the ground points to
terpart Nelson Chamisa have been holding rallies was killed by Zanu-PF activists during a campaign product (GDP) will grow by 4.5% this year. the fact that the odds are against any form of solid
throughout the country, focusing on the by-elec- rally in Kwekwe. economic recovery. Even nature has not been on
tions which are setting the tone for the 2023 polls. The 4.5% will be slightly behind the 5.5% Zimbabwe’s side. The country has reeled from epi-
In January 2019, protests broke out in major gross domestic product growth projected by the sodes of droughts and cyclones that have triggered
According to the draft roadmap, Zec has set 23 cities after the government more than doubled government in December last year. In 2023, it will economic recessions, brain drain and poverty.
April 2023 as the proposed date for the general fuel prices to tackle fuel shortages and the black further dip to 3%.
elections. The commission, however, works with market. A joint operation by the army and police
provisional dates as the actual dates can only be
proclaimed by the President.

Researchers at one of Zimbabwe’s leading in-
vestment advisories said ahead of the 2023 Presi-
dential elections, the stakes are high and most of
the damage will be felt in the economy.

“We contend that it is a year in which politics
will have a strong impact on the economic direc-
tion of the country as we approach an electioneer-
ing period,” Morgan & Co said in its report titled
Zimbabwe 2022 Economic Outlook; Assessing
the Probable Outcomes.

“As we approach an election year in 2023,
the big risk is that politics will be the centre of
attention and some damage will be felt in the lo-
cal economy. We expect to see increased liquidi-
ty injections by the government to fund various
projects given the forthcoming 2023 elections,”
the researchers said.

“This huge appetite or demand will likely push
the parallel market exchange rates, and this will
have a pass-through effect on pricing and infla-
tion. The Reserve Bank of Zimbabwe is not entire-
ly independent from political interference. Could
the domestic currency derivative be an avenue for
the government to ‘print money’ and finance for-
eign currency purchases?”

An analysis of past events in Zimbabwe indi-
cates that it is very likely to experience heightened
levels of political violence in 2022 ahead of the
elections. Political violence towards and during
polls has always been a big issue.

Afrobarometer surveys conducted in Zimba-
bwe between 2009 and 2014 reveal a worrying
trend about citizens’ freedom to associate with po-

‘Zim firms struggle in regional, continental markets’

BERNARD MPOFU rials, machinery, and equipment for the sector. tive market to make up for the FX shortfalls. The 1 January 2021. It was created through the Afri-
Delays in accessing forex weighed on the sector’s sector’s lack of competitiveness limited its chanc- can Continental Free Trade Agreement among 54
A LOCAL research firm says most companies in ability of achieving the 61% manufacturing sec- es to benefit from the African Continental Free of the 55 African Union nations.
the manufacturing sector will struggle in penetrat- tor capacity utilisation target in 2021,” the report Trade Area (AFCFTA) agreement going forward.
ing the regional and continental markets due to says. To add to the sectors woes was the intermittent AfCFTA is a flagship project of the AU’s Agen-
bottlenecks in accessing foreign currency, rolling supply of electricity worsened in the fourth quar- da 2063, a blueprint for attaining inclusive and
power cuts and ageing equipment, among other “In some instances, allotted bids took between ter of 2021.” sustainable development across the continent over
factors. five and 13 weeks to be settled. This led to loss of the next 50 years. It aims to boost intra-Africa
confidence in the auction’s ability to meet busi- The African Continental Free Trade Area was trade by providing a comprehensive and mutual-
Captains of industry say despite improved ca- nesses’ forex needs thereby resorting to the alterna- founded in 2018, with business commencing as of ly beneficial trade agreement among the member
pacity utilisation, antiquated technology and lim- states, covering trade in goods and services, invest-
ited funding remain the key encumbrances to the ment, intellectual property rights and competition
local manufacturing sector’s ability to compete. policy.
They also say the sector’s vulnerability was exac-
erbated by the pandemic-induced supply chain Experts say on average, manufacturers experi-
constraints. Lockdown measures instituted in al- enced power cuts of up to eight hours daily. This
most every quarter of the year under review saw situation has resulted in businesses having to re-
reduced business working hours and an onsite sort to diesel and petrol power generators thereby
working force. increasing the cost of production.

This had a huge knock-on effect on the smooth Last moth, Reserve Bank of Zimbabwe gov-
running of business operations. The partial ernor John Mangudya said the country’s manu-
re-opening of the economy in the last half of 2021 facturing sector should go a notch up in boost-
injected some life into the suffocating sector. Most ing exports after official figures showed that the
listed entities reported recovery in both sales vol- sector raked in US$176 million last year, up from
umes and revenues which had tumbled in 2020. US$240 million in 2020, despite industry re-
ceiving the lion’s share of foreign currency on the
Akribos Research Services, in its forecast report country’s official auction system.
for the year, said local manufacturing firms will
find it hard to penetrate the African Continental Official figures show that merchandise exports
Free Trade Area. are estimated to have increased by 28% to US$6
315.2 million in 2021, from US$4 931.9 million
“Procurement proved to be a major challenge as in 2020, driven by increases in mineral and ag-
the Dutch auction system remained the primary riculture exports, while manufactured exports re-
source of forex for the importation of raw mate- mained subdued.

Page 28 Stock Taking NewsHawks

Issue 71, 11 March 2022

Price Sheet A MEMBER OF FINSEC & THE ZIMBABWE STOCK EXCHANGE

Friday, 11 March 2022

Company Sector Bloomberg Previous Last VWAP (cents) Total Total Price Price YTD Market
Traded Traded Traded Change Change (%) Cap
Ticker Price (cents) 23466.67 Volume Value ($) (cents) ($m)
Price 865.03 (%)
1560.00 300 70,400
AFDIS Consumer Goods AFDIS: ZH 22000.00 22000.00 336.58 36,700 317,466 1466.67 6.67 87.73 28,041.38
African Sun Consumer Services ASUN: ZH 989.92 870.00 6022.04 -124.89 -12.62 34.69 12,317.43
ART ARTD: ZH 1560.00 - - - 49.28
Ariston Industrials 340.00 340.00 324500.00 7,500 25,243 - - -9.57 6,816.85
Axia Consumer Services ARISTON: ZH 6015.14 6000.00 17000.00 164,600 9,912,275 -3.42 -1.01 100.40 5,477.49
BAT AXIA: ZH - 8951.52 6.90 0.11 1.37 33,250.71
CAFCA Consumer Goods BAT: ZH 324500.00 - 10200.00 - - 66,955.76
CBZ Consumer Goods 17000.00 9000.00 3587.99 - - - - - 1,484.97
CFI CAFCA: ZH 8931.82 - 22132.93 3,300 295,400 - - 19.09 46,786.15
Dairibord Industrials CBZ: ZH 10200.00 - 6492.97 - - 19.70 0.22 9.01 10,816.17
Delta Banking CFI:ZH 3587.99 13286.07 - - - - 2.51 12,845.03
Ecocash 22401.33 22200.00 983,700 217,721,600 - - 36.18 288,652.28
Econet Industrials DZL: ZH 6555.57 6490.00 547.29 6,400 415,550 -268.40 -1.20 59.72 168,205.40
Edgars Consumer Goods DLTA: ZH 13368.83 13290.00 3201.35 528,600 70,230,140 -62.60 -0.95 56.31 344,185.85
FBC Consumer Goods EHZL: ZH 541.00 1070.00 7,000 38,310 -82.76 -0.62 25.81 3,306.99
Fidelity ECO: ZH 560.67 3200.00 385.14 617,900 19,781,130 -13.38 -2.39 -5.44 21,511.47
First Capital Technology 3200.02 1070.00 1950.00 100 1,070 1.33 0.04 -32.22 1,165.48
FML Telecommunications EDGR: ZH 1070.00 384.75 652.86 3,353,300 12,915,020 - - 11.51 8,318.31
FMP Consumer Services FBC: ZH 390.93 1950.00 162.00 200 3,900 -5.79 -1.48 -2.50 13,457.79
GBH FIDL: ZH 1890.00 700.00 500.00 2,800 18,280 60.00 3.17 -16.30 8,083.43
Getbucks Banking FCA: ZH 700.00 162.00 27120.00 500 810 -47.14 -6.73 -29.41
Hippo Financial Services 165.15 27847.05 - - -3.15 -1.91 -16.67 869.27
Innscor FMHL: ZH 500.00 - 12732.50 200,300 54,321,360 - - -3.14 5,815.59
Lafarge Banking FMP: ZH 27120.00 27120.00 302.27 118,200 32,915,210 - - 71.48 52,347.18
Mash Financial Services GBH: ZH 27857.98 27850.00 5200.00 400 50,930 -10.93 -0.04 59.16 158,693.78
Masimba 12730.00 12735.00 2202.27 177,200 535,618 2.50 0.02 -6.84 10,186.00
Medtech Real Estate GBFS: ZH 322.65 3400.00 3,500 182,000 -20.38 -6.32 -5.45 5,619.42
Medtech Class B Industrials HIPO: ZH 5403.00 300.00 14009.24 2,200 48,450 -203.00 -3.76 -37.08 12,565.99
Meikles 2250.00 5200.00 1250.00 - - -47.73 -2.12 36.00
Nampak Financial Services INN: ZH 3400.00 2250.00 175000.00 108,200 15,158,000 - - 11.98 264.27
NatFoods Consumer Goods LACZ: ZH 14092.43 840.00 11,000 137,500 -83.19 -0.59 12.04 45.63
NTS MASH: ZH 1250.00 - 1249.99 - - - - 27.31
NMBZ Industrials MSHL: ZH 175000.00 14000.00 2804.59 - - - - 33.33 35,393.80
OK Zim Industrials MMDZ: ZH 840.00 1250.00 3000.00 1,928,300 24,103,520 - - 55.22 9,445.60
Proplastics Real Estate MMDZB: ZH 1400.00 620.00 645,000 18,089,600 -150.01 -10.72 2.18
RTG Industrials MEIK: ZH 2814.07 - 5200.00 1,000 30,000 -9.48 -0.34 3.45 119,700.19
RioZim Financial Services NPKZ: ZH 2700.00 - 18002.63 100 620 300.00 11.11 -20.51 2,132.53
SeedCo Financial Services 620.00 1200.00 18141.60 312,200 16,234,400 - - 30.00 5,052.11
Simbisa Industrials NTFD: ZH 5200.00 2800.00 141.00 220,800 39,749,800 - - 70.54
Star Africa Industrials NTS: ZH 18218.51 3000.00 7600.67 52,400 9,506,200 -215.88 -1.18 101.57 36,063.78
Tanganda Consumer Goods NMB: ZH 18210.99 620.00 199.10 2,077,700 2,929,462 -69.39 -0.38 21.70 7,558.07
Truworths Industrials 140.80 5200.00 11000.00 89,700 6,817,800 0.20 0.14 13.34
TSL OKZ: ZH 7639.84 18000.00 480.00 - - -39.17 -0.51 -0.45 15,472.07
Turnall Banking PROL: ZH 199.10 18200.00 2800.00 11,000 1,210,000 - - 56.76 6,345.53
Unifreight Consumer Services 11000.00 150.00 295.00 100 480 - - 17.04
Willdale RTG: ZH 500.00 7600.00 6000.00 700 19,600 -20.00 -4.00 -6.56 44,502.98
ZB Industrials RIOZ: ZH 2800.00 - 1,800 5,310 - - -4.68 101,989.32
Zeco Consumer Services SEED: ZH 285.00 11000.00 2.00 100 6,000 10.00 3.51 -22.08
Zimpapers 6000.00 480.00 300.00 - - - - 316.67 6,648.27
Zimplow Basic Materials SIM: ZH 2800.00 2100.00 14,200 42,600 - - 3.09 19,842.66
ZHL Consumer Goods SACL: ZH 2.00 295.00 390.90 200 4,200 - - -11.02
Consumer Goods TANG: ZH 300.00 6000.00 16,200 63,325 -12.50 -0.59 3.94 764.68
TOTAL Consumer Goods TRUW: ZH 2112.50 - 11,705,400 553,908,579 25.77 7.06 39,281.27
Consumer Goods 365.13 300.00
Consumer Services TSL: ZH 2100.00 2,366.59
Consumer Goods TURN: ZH 385.00 2,981.28
UNIF: ZH 5,245.10
Industrials WILD: ZH 10,511.44
Industrials ZBFH: ZH
Industrials ZECO: ZH 9.27
1,728.00
Banking ZIMP: ZH 7,236.19
Industrials ZIMPLOW: ZH 7,107.42
Consumer Services 1,815,464.22
Industrials ZHL: ZH
Financial Services

ETFs DMCS.zw 189.79 175.00 175.53 713,797 1,252,960 -14.26 -7.51 75.53 123.81
MCMS.zw 1469.24 1470.00 1466.46 7,620 111,744 -2.78 -0.19 46.65 1,886.94
Datvest Modified Consumer Staples ETF OMTT.zw 946.17 800.00 804.90 -141.27 -14.93 82.89 1,156.04
Morgan&Co Multi-Sector ETF 161,390 1,299,033
Old Mutual ZSE Top 10 ETF 12,866.82

FINSEC Financial Services OMZIL 15000.00 15500.00 15500.00 200 31,000 500.00 3.33 55.00 US$m
68.73
Old Mutual Zimbabwe 8.06

VFEX (US cents) Mining BIND:VX 4.50 5.40 5.40 341,100 18,419.40 0.90 20.00 -1.82 113.68
Mining CMCL:VX 1300.00 - 1300.00 - - - - - 106.81
BNC Consumer Goods - - - - -
Caledonia Consumer Goods PHL:VX 20.99 - 20.99 - - - - -0.05 YTD %
Padenga SCIL:VX 28.00 28.00 -0.18 +3.45
SeedCo International +3.94
+87.73
Index Close Change (%) Open YTD % Top 5 Risers Price Change % -4.68
ZSE All Share 14,655.18 -0.50 14,728.09 +35.42 Proplastics 3000.00c +300.00c +11.11 -2.50
Top 10 9,669.32 -0.56 +41.96 ZHL +25.77c +7.06
Top 15 10,658.93 -0.53 9,723.45 +41.56 AFDIS 390.90c +6.67 YTD %
Small Cap -1.11 10,715.85 -1.15 Willdale 23466.67c +1466.67c +3.51 +34.69
Medium Cap 398,104.07 -0.28 402,553.06 +19.92 FML +10.00c +3.17 +55.22
24,472.02 24,541.92 295.00c +60.00c -16.30
1950.00c -6.84
+17.04
Top 5 Fallers Price Change %
African Sun
NMBZ 865.03c -124.89c -12.62
FMP 1249.99c -150.01c -10.72
Mash -6.73
Turnall 652.86c -47.14c -6.32
302.27c -20.38c -4.00
480.00c -20.00c

SALES & TRADING: Davide Muchengi: davide@morganzim.com | Lungani Nyamazana: lungani@morganzim.com | Tatenda Jasi: tatenda@morganzim.com
RESEARCH: Batanai Matsika: batanai@morganzim.com | Precious Chagwedera: precious@morganzim.com | Tafara Mtutu: tafara@morganzim.com
Tel: (+263) 08677008101-2 | Email: research@morganzim.com | Address: 14165 Sauer Road, Gunhill, Harare

MORGAN & COMPANY has issued this document for distribution to its clients. It may not be reproduced or further distributed in whole or in part for any purpose. This document is not and should not be construed as an offer to
sell or the solicitation of an offer to purchase or subscribe to any investment. MORGAN & COMPANY has based this document on information obtained from sources it believes to be reliable but which it has not independently

verified; MORGAN & COMPANY makes no guarantee, representation or warranty and accepts no responsibility or liability as to the accuracy or completeness of its content.

Property
NewsHawks

Issue 71, 11 March 2022 PROPERTY INTERIORS ARCHITECTURE GARDENING Page 29

The home of prime property: property@newshawks.com

Broke Harare fails to run public toilets

CITY of Harare has failed to run public
toilets across the central business district
and is pleading for assistance by way of
leasing out the amenities.

The latest move has exposed the local
authority for failing to manage its facili-
ties including stadia, markets and prop-
erties in Harare that remain in bad shape.

This also comes as the MDC-T-dom-
inated local authority is accused of cor-
ruption involving millions of dollars that
is benefiting only a few at town house.

In a notice issued this week, the local
authority conceded incapacity to main-
tain public toilets and called for interest-
ed companies and individuals to tender.

“Council will soon tender for the lease
of some of its ablution facilities to indi-
viduals, companies or consortia,” the lo-
cal authority said in a terse statement.

“The state of the facilities requires cap-
ital injection for them to be usable. There
is virgin land as well for the development
of new facilities.”

Several council toilets in Harare are
deplorable, with most of them now un-
usable and posing a health hazard.

Harare has also failed to provide pota-
ble water, rehabilitate roads and collect
refuse in most suburbs, with residents up
in arms against the city fathers, accusing
them of sleeping on duty.

The city has failed to run its stadiums
and this week leased out Rufaro Stadium
in Mbare to business tycoon and Sakun-
da Holding proprietor Kudakwashe Tag-
wirei. Other stadiums, including Dziva-
resekwa and Gwanzura, both owned by
council, have been closed. — STAFF WRITER

Page 30 News Analysis NewsHawks

MOSES MATENGA Issue 71, 11 March 2022

SEVEN years after Itai Dzamara was Itai Dzamara: Lament over
abducted and disappeared, the govern- government’s crocodile tears
ment has remained aloof, even ignoring
a 2015 High Court order, a petition …President Mnangagwa ignores Dzamara’s wife
and global calls for action in a clear
indication that President Emmerson Missing Itai Dzamara and below are his wife and child.
Mnangagwa’s regime is not keen on re-
specting human rights and the rule of called onto the stage by the late persistently and consistently demand- tions, his placard read: “Independent account for the missing citizen.
law. MDC-T leader Morgan Tsvangirai to ing answers. but not free. Where is my brother Itai?” “The government of Zimbabwe
address thousands of party supporters
The late former President Robert in Highfield where he was vocal on the Patson was a vocal activist who also In both cases, he was arrested and must account for the whereabouts of
Mugabe was the first to ignore calls for need to oust Mugabe. engaged in solo demonstrations, in- briefly detained by the police. Itai Dzamara. Enforced disappearance
the state to account for Dzamara, but cluding one during Independence Day is a serious human rights violation,” the
when Mnangagwa came into power via South African-based analyst Kefas celebrations at the National Sports Sta- He died with lots of unanswered Crisis in Zimbabwe Coalition said.
a military coup in 2017 on the promise Mtimande said: “The state has never dium in 2016 when he evaded security questions.
of a reformist agenda, expectations were been sincere in addressing cases of en- to wave a placard in front of the then Several of the issues Dzamara was
high he would live up to his claim that forced disappearance the country has feared Mugabe, demanding answers on Citizens' Coalition for Change clamouring for was the independence
“I'm a listening President”. On human recorded, including hundreds that still his brother’s whereabouts. (CCC) leader Nelson Chamisa said the of the Zimbabwe Electoral Commis-
rights, Mnangagwa has not taken a dif- remain unaccounted for after Gukura- state must be held accountable for Dz- sion (Zec). A placard he wielded while
ferent path from his late mentor. hundi." That same year, Patson also held a amara’s disappearance. leading a demonstration at Zec's Maha-
one-man demonstration at Parliament, chi Quantum building, carried a stark
Dzamara, a pro-democracy activist “The tragedy of all this is those in but nothing came of it. “It’s now seven years since he was message: “No election before truly in-
and journalist, was disappeared on 9 power are stringing people along, hop- abducted and has never been seen or dependent Zec.”
March 2015 when Mnangagwa was ing they will age and die with records “I will never be silent until Itai Dz- accounted for. We hold the state ac-
Vice-President and also in charge of the and memory, with no one to account amara is accounted for. I will never be countable and demand answers,” Cha- Another placard he displayed in
Justice ministry. for the injustice.  If the state was sincere, silent until Zimbabwe is fixed,” Patson’s misa said. Harare's iconic Africa Unity Square de-
we would by now have seen those im- placard at Parliament read in part. manded Mugabe’s resignation.
“What we have seen from the gov- plicated in cases of abductions, murder The Crisis in Zimbabwe Coalition
ernment so far is just a pretense of in- and torture being brought to book. At the Independence Day celebra- said enforced disappearance was a hu- “Failed Mugabe must step down,”
vestigations,” Zimbabwe Lawyers for man rights violation and the state must one of the placards read.
Human Rights (ZLHR) spokesperson “Instead, we have seen them being
and Dzamara’s close friend Kumbirai rewarded with lofty public positions Dzamara’s wife Sheffra was recently
Mafunda told The NewsHawks this with some being made in charge of quoted as saying she remained trau-
week. the very state institutions that should matized over her husband’s abduction
be pursuing justice. Look no further but promised to soldier on in getting
“The High Court in March 2015 than the President himself, who to date answers.
ordered that the police should give fort- is still to respond to allegations he was
nightly updates to the Dzamara family one of the masterminds of Gukurahun- “Every day l think about him. I car-
or their lawyers who are the ZLHR. di and other heinous crimes against hu- ry a lot of hurt and pain in my heart. I
What we have seen since then is that manity,” he added. want answers and no one is giving me
there has been a case of submitting [any],” she was quoted as saying.
whitewashed reports. We have seen “Zimbabwe is a big crime scene with
that in the initial stages the government the very same criminals leading the in- Pastor Evan Mawarire of the #This-
tried to comply and submit reports, but vestigations.” Flag campaign took to microblogging
later on we have not seen that compli- site Twitter, saying: “It’s been seven years
ance,” Mafunda said. In his absence, Dzamara in 2020 lost since brave Itai Dzamara was abducted
a brother and pro-democracy activist by the Zanu PF regime. Itai stood up
The government is accused of being Patson to colon cancer amid suspicion to the dictator by himself when nobody
insincere and in contempt of a court that he was poisoned to silence him for would do it — they snatched him. Till
order. today Itai is still missing but his courage
lives on.” 
“We last had submission of these
reports to the lawyers representing the
family several years ago so we have seen
the government conducting what I can
call a pretense of investigations. It has
not complied with a court order as or-
dered by Justice (David) Mangota in
2015,” Mafunda added.

“We are calling upon the govern-
ment to commit and allocate sufficient
resources to be dedicated to investigate
the circumstances surrounding Itai Dz-
amara’s abduction. We also ask the gov-
ernment to commit resources, human
resources to ascertain what happened or
what is happening to him. The govern-
ment has an obligation to ensure that
those responsible for the disappearance
of Itai Dzamara are brought to justice.”

Analyst Rashweat Mukundu said the
state must account for Dzamara and
avail him dead or alive as hands were
pointing to its involvement in his ab-
duction.

“Itai was abducted with all indica-
tions showing complicit of the state and
there have been levels of evidence pro-
vided that shows involvement of state
agents,” Mukundu said.

“The state has to redeem itself and
admit like what they have done in some
cases including on the case of Jestina
Mukoko. In the case of Itai, what the
family, friends and the people of Zim-
babwe need is for the state to account. If
they tortured and killed him, they need
to produce his body and apologize.

“His case is confirmation of levels
of impunity in Zimbabwe from the
days of Gukurahundi up to now with
no accountability by the state. The call
remains that the state account for Itai
dead or alive and that demand remains
relevant today as it was then.”

Dzamara was abducted in a barber-
shop where he had gone for a haircut in
Harare's Glen View suburb.

He was never to be seen after suspect-
ed state agents pounced and accused
him of stocktheft before bundling him
into an unmarked vehicle and speeding
off.

This came two days after he was

NewsHawks Critical Thinking Page 31

Issue 71, 11 March 2022

Is the ugly spectre of June 2008
looming ahead of 2023 elections?

Taona B. A security guard at opposition CCC deputy leader Tendai Biti's house attacked by unknown people. now the CCC.
Denhere It is not by accident but rath-
troops of Zanu PF in repressing and the late vice-president Simon Muzen- heavy price for defeating Mugabe and
YOU do not need  to be a political intimidating the supporters and can- da. Kombai survived an assassination Zanu PF in March that year. During er by design that we are witnessing
scientist to realise that the election didates of Nkomo and Muzorewa. As attempt after he was brutally shot by that period it became an open killing state-sanctioned brutality and repres-
campaign season in the teapot-shaped a result, both Nkomo and Muzorewa Central Intelligence Organisation op- season with impunity for Zanu PF sive violence being deployed against
country sandwiched between the could not campaign in Mashonaland eratives and left for dead. supporters acting in cahoots with the both the leadership and rank and file
Zambezi River to the north and the and Manicaland political heartlands. military. of the CCC.
Limpopo River to the south is upon It is a well-docu-
us. This was one of the reasons Lord mented historical There was blatant and wanton mil- The licence to kill and brutalise  the
Soames, the last governor of Rho- fact that whenever itarised state-sanctioned terror and CCC with impunity was issued by
For the past six weeks social me- desia, and the Commonwealth Ob- Zanu PF is faced brutality that resulted in more than Vice-President Constantino Chiwen-
dia has been saturated by debate and server Mission contemplated to ban with a formidable 200 deaths of MDC supporters, in- ga during a recent Zanu PF Kwekwe
campaigns ahead of the 26 March Zanu PF from participating in the political opponent, cluding Tonderai Ndira who was bru- rally. At that particular rally, Chiwen-
by-elections. Moreover, the political 1980 general elections. However, the it resorts to its tried tally murdered. A  large numbers of ga, like a loose cannon and a political
landscape has also been  punctuated political costs of banning  Zanu PF and tested tactics the MDC-T supporters were also in- arsonist, recklessly told the Zanu PF
with allies that are in full swing. This were so enormous that it would have of  a scorched- jured and internally displaced during supporters in genocidal terms that the
coupled with that electoral enclaves triggered another bloody civil war. earth policy amid this apocalyptic orgy of state-sanc- CCC would be crushed like lice. This
where these by-elections are taking violence, terror and tioned terror and brutality. Moreover, is particularly disconcerting,  consid-
place are emblazoned and plastered But then that sowed the seeds of a brutality. the 2018 harmonised elections were ering the traumatic history of Guku-
with a colourful rainbow of campaign Zanu PF political culture of violence, also plagued by the post-electoral rahundi and Rwandan genocide. The
posters for different parties and their terror and killings in independent Fast forward to the turn of the mil- state-sanctioned violence that led to same dehumanising and infrahuman-
candidates. Zimbabwe. Nkomo  and PF Zapu lenium, the MDC and Tsvangirai be- extrajudicial killings of six innocent ising language was deployed aganist
were again subjected to another ep- came justifiable fair game to be bru- civilians at the hands of the military. the Ndebeles and Tutsis respectively.
Historically, and especially since isode of state-sanctioned genocidal talised and terrorised into submission
the turn of the millennium, elec- and ethnocidal repression known at the hands of the Zanu PF regime. This historical anthology of  sys- Consequently, it was not a surprise
tions in Zimbabwe have always been as Gukurahundi between 1982 and Throughout the first decade of the tematic episodes of state-sponsored that soon after the incendiary and in-
a high-octane political affair. They 1987, with the ultimate goal to de- 21st century, the MDC had a  great terror and violence is essential in flammatory  utterances by Chiwenga,
have always been a zero-sum game; capitate and annihilate the socio-po- number of its cadres extrajudicially order to fully contexualise the dark a young CCC supporter, Mboneni
winner-takes-all. The forthcoming litical support base of PF Zapu for murdered and terrorised by the Zanu stormy clouds of political violence Ncube, was extrajudicially  hacked
by-elections are no exception. The Zanu PF to institutionalise and leg- PF government repressive machinery that are slowly building up on the to death  and 23 other supporters of
battlelines are drawn between the islate a de jure one party. and personnel. The June 2008 presi- horizon. the party hospitalised with gruesome
two arch-rivals, Zanu PF led by Presi- dential election runoff will be vivid- injuries after being attacked by the
dent Emmerson Mnangagwa and the The next political player to be sub- ly remembered as the period when The emergence of the CCC as a for- machete-wielding Zanu PF thugs.
Citizens' Coalition for Change head- jected to this same terror and repres- Tsvangirai and the MDC-T paid a midable political force has inevitably
ed by Nelson Chamisa. As political sive tactics was Edgar Tekere and his scuppered the authoritarian Zanu PF Moreover, there was also an image
temperatures rise, the past two weeks Zimbabwe Unity Movement (Zum) government's plans to establish a de of the CCC supporter in Chitung-
have witnessed a rise in political vio- political party. Tekere and Zum’s po- facto one-party state propped up by wiza with a gushing knife wound
lence. Consequently, the apocalyptic litical  crime was that in 1990 they their trojan horse MDC-T/MDC-Al- in her head. Her only crime was
ghost of state-sanctioned terror and had dared to challenge and scupper liance led by Douglas Mwonzora.  holding alternative political views in
brutality reared its ugly head again in Zanu PF plans of institutionalising a Because of the robust electoral and support of the CCC. This pattern of
Chitungwiza, Kwekwe and in Harare one-party state hegemony in Zimba- political clout of CCC leader Nelson state-sanctioned brutality undergird-
East constituency. bwe. Zum was subjected to violence Chamisa, the CCC automatically put ed by impunity is continuing un-
and intimidation, with the firebrand itself on a collision course with the  abated with increasing boldness and
This opinion piece seeks to situate Patrick Kombai, who was the front- Zanu PF repressive machinery in cir- ferocity.
these deplorable acts of politically runner in the Gweru Urban parlia- cumstances similar to those that con-
motivated violence within the histor- mentary election, pitting him against fronted PF Zapu,   Zum, MDC and In the early hours of the morning
ical context of apocalyptic state-sanc- of 3 March 2022, a four-man  gang
tioned terror and brutality that was wielding machetes and guns raided
visited and inflicted upon the social the home of the CCC deputy presi-
and political support base of the late dent Tendai Biti, who is also a parlia-
founding MDC president Morgan mentary candidate for the Harare East
Tsvangirai in June 2008. The dark by-elections. The four gang inflicted
stormy clouds of the June 2008 re- deep cuts and gruesome wounds on
pressive terror and violence are slowly Biti`s security guard who was left for
gathering on the horizon as we march dead. Prima facie this did not look
towards the 2023 general elections. like an armed robbery gone wrong
since no attempt was made to steal
It is a well-documented historical anything. Circumstantial evidence
fact that whenever Zanu PF is faced points to a systematic politically mo-
with a formidable political opponent, tivated attack designed to intimidate
it resorts to its tried and tested tactics Biti and others. This came hard on
of  a scorched-earth policy amid vio- heels of a series of acts of violence and
lence, terror and brutality. intimidation against the CCC.

Even the first post-independence However, what is particularly
elections held in March 1980 were concerning and worrying is the fact
marred by widespread violence and that machetes were used to inflict
killings. Notwithstanding the fact the death of Ncube and grievously
that Zanu PF was not in power, it injured Biti’s security guard. This is
still nonetheless deployed terror and due to the fact that the machete was
violence aganist the PF Zapu of Josh- the same weapon of choice which was
ua Nkomo and the UANC of Abel used to inflict genocide at an indus-
Muzorewa. Both Nkomo and Mu- trial scale in Rwanda aganist Tustis
zorewa lost a considerable number and moderate Hutus.
of their supporters at the hands of
Zanla guerillas who had violated the It is gradually becoming abundant-
ceasefire agreement by remaining in ly clear that the dark storm clouds of
villages and liberated zones without apocalyptic state-sanctioned violence
going into assembly points. They against opposition political move-
held pungwes — night indoctrina- ments, particularly the CCC, are in-
tion meetings — to mobilise people crementally building up within the
by coercion and violence. political and electoral sky of Zimba-
bwe. There is increasing danger as we
The Zanla guerillas acted as shock approach the 2023  general elections
that the political sky of Zimbabwe
will be overcast and fully enveloped
by darkness.

*About the writer: Taona
Blessing Denhere is a human
rights and international de-
velopment lawyer based in the
United Kingdom.

Page 32 Critical Thinking NewsHawks

Issue 71, 11 March 2022

Who wants to stop the by-elections?

Alex T. MDC-T faction leader Douglas Mwonzora. have ruled in favour of Mwonzora
Magaisa never happened. The first set of star
(CCC). What is notable in both cas- He owes his current political to ju- ic. He simply did not want anything rallies demonstrated the gulf be-
AS the country prepares for by-elec- es is that although Mwonzora was dicial decision-making more than that would disturb the narrative that tween Chamisa and Mwonzora and
tions scheduled for the end of this nowhere in front, it was clear that he electoral contestation and has not he was promoting which suggested confirmed that Mnangagwa placed
month, there is yet another sighting was the directing hand and mind of demonstrated an avid appetite for that Dr Thokozani Khupe and lat- his bet on a limping horse. Realizing
of the proverbial tortoise on a fence both litigants who were merely his elections. Whether Mnangagwa is er, Mwonzora were his legitimate that Mwonzora faces annihilation at
post in Harare. alter egos. But Mwonzora distanced in on this plan to stop elections will political rivals, ahead of Chamisa. the polls, neither Mnangagwa nor
himself from those cases just as he be revealed by how the matter pro- By-elections offered Chamisa an Mwonzora are keen on the by-elec-
His name is Tapera Sengweni. In is currently distancing himself from gresses. But if Mnangagwa and Zanu opportunity to arrest the reversal of tions.
fact, there are three others: Vinnah the current case. PF are involved, then it is a fait ac- fortunes that he was experiencing
Mbele, Edify Vushoma and Phanuel compli. The courts will find a way to thanks to the regime’s machinations Section 134 also prohibits stat-
Tsvanu. But Sengweni is the lead ap- The use of alter egos in political make it happen. using the opposition surrogates. utory instruments from infringing
plicant. The four have applied to the litigation is not unusual in Zimba- or limiting fundamental rights and
Constitutional Court challenging bwean politics. It creates enough dis- There are several reasons why In addition, with the ways polit- freedoms. The suspension of by-elec-
the proclamation of by-elections by tance that gives the interested parties Mnangagwa has no incentives to car- ical circumstances have turned out tions using a statutory instrument
President Mnangagwa. plausible deniability. They can al- ry on with the elections. He might in recent weeks, the by-elections violated the right to vote among
ways say they were never involved, have proclaimed by-election dates have outlived the purpose for which other rights and freedoms.
They want the by-elections but if things go well, they will hap- just to pretend that he was fulfill- they were originally called. When
stopped. pily celebrate the outcome and even ing his constitutional obligations, Mnangagwa called the by-elections, The Constitution indeed imposes
take the credit. When Mashavira’s knowing very well that there would it was not because he had sudden- a mandatory obligation on the Presi-
As the adage goes, when you see case was concluded, it was Mwonzo- be sponsored litigation to stop them. ly discovered the importance of his dent to proclaim by-elections within
a tortoise on a fence post, you know ra and Komichi who celebrated the When that happens, he can always constitutional obligations. Rather, 90 days of a vacancy arising in parlia-
that it did not get there on its own. most. Mashavira himself has bare- say it is not his fault. One clue will it was a strategic move to further ment or council. While it is arguable
Someone put it up there. But who ly featured since that controversial be how he responds to this applica- weaken his main rival Chamisa that the pandemic was a supervening
might that be? Social media was judgment in March 2020. One of tion. He might put up a lame de- whom he thought was reeling after factor that made it difficult to hold
quick to put the pieces together clues the most well-known such cases is fence and say that he will abide by the systematic and sustained assault elections, it did not make it impossi-
of which led to an association with the application brought by Jealousy whatever the court decides. Ze will on his old party, the MDC Alliance. ble as the experience of other coun-
Douglas Mwonzora, leader of the Mawarire in 2013 compelling Pres- probably do the same too. When you Mnangagwa gambled that Chamisa tries shows. In any event, there were
beleaguered MDC-T. Sengweni has ident Mugabe to proclaim election see them being non-committal like would throw a fit and boycott the legal options for the government to
a chequered history which includes dates. It was the outcome that Zanu that, failing to defend their conduct, by-elections. This would have left his suspend elections constitutionally.
de-registration from the register of PF wanted, and the litigation was it will mean they are probably in on surrogate with an easy electoral field. The government chose to use a stat-
legal practitioners by the legal reg- designed to give judicial justification the plot to stop the by-elections.   Chamisa refused to take the bait. utory instrument under the Public
ulator for embezzlement of trust to its plan. Health Act, but as already stated,
funds. His lawyer in a case in which Why there is no appetite for elec- Mnangagwa’s prospects of win- The second move was to weaken subsidiary legislation cannot be used
he fought the Law Society of Zimba- tions ning the by-elections which are Chamisa by allowing Mwonzora to to amend a constitutional provision.
bwe was Douglas Mwonzora. If, as is widely suspected, Mwonzora mostly in opposition strongholds grab the party name. Mnangagwa
is behind the Sengweni application, have always been slim and they have gambled that Chamisa would be The fact that there was ongoing
Now that might be purely coin- the other question is whether he is in diminished even further with the obstinate and insist on using the illegality raises interesting questions
cidental. But some suggested that it alone or is in cahoots with Zanu strong showing of the Citizens Co- MDC-Alliance as his electoral ve- for Sengweni and his sponsors. If
he still works for Mwonzora. For PF. It is known that Mwonzora has alition of Change as a potent politi- hicle for the by-elections. Again, anyone thought it was necessary to
his part, Mwonzora was quick to met with Mnangagwa at least a cou- cal force. It is not the pandemic that Chamisa confounded him when he compel the government to comply
distance himself and his party not ple of times. It is also on record that delayed the by-elections but the fact announced a new party, the Citizens' with the Constitution, they had
from Sengeweni but from his appli- Mwonzora has expressed his displea- that Mnangagwa was not sufficient- Coalition for Change. Therefore, the plenty of opportunities to do so.
cation. “The MDCT has neither filed sure with the looming by-elections. ly invested in them. Most countries, mud-fight that he had anticipated Sengweni and his co-applicants say
nor sponsored any court application to including neighbours, were holding between Chamisa and Mwonzora, in they are motivated by their desire
stop by-elections,”  tweeted Mwonzo- major elections during the pandem- which compromised referees would to ensure the correct interpretation
ra on Twitter, the micro-blogging and application of the Constitu-
site. “The application being circulated tion. But if they were genuine, they
has been filed by a group of 4 Zim- would have taken action to compel
babweans. We do not interfere with Mnangagwa to hold by-elections
Zimbabweans seeking to assert their when they fell due. They knew or
rights,” he added. should have known that not holding
Alter egos and plausible deniabil- by-elections was a clear constitution-
ity al violation, but they did nothing
Most of the media does not appear about it. Instead, they are now seek-
to be persuaded by Mwonzora’s spir- ing to add illegality to illegality.
ited attempt to disassociate himself
and his party from the case. Effec- If the theory that they are con-
tively, Sengweni and the other three nected to Mwonzora is true, it is easy
are seen as Mwonzora’s surrogates. It to see why they had no interest in
doesn’t help Mwonzora’s case that he enforcing enforce the constitution-
has form in this area. Back in 2016, al provision to compel the holding
he was allegedly behind a legal chal- of by-elections. Mwonzora’s party is
lenge against Morgan Tsvangirai’s the cause of the by-elections, but it
decision to appoint two additional has never been keen on by-elections
deputy presidents. The applicant was because they will expose its weak-
a close associate of Mwonzora before ness in the court of public opinion.
they fell out. This case had a brief Mwonzora and company were de-
and miserable life. lighted with the illegal suspension
of the by-elections because it meant
But that was not the end of the they did not have to face public
saga. One Elias Mashavira brought judgment. Hence, they even pleaded
a similar case in 2018, this time with Mnangagwa and ZANU PF to
challenging not just Tsvangirai’s avoid holding by-elections.
decision but also Nelson Chamisa’s A dog’s breakfast
ascendancy to the presidency of the Although the government commit-
MDCT. Success, in that case, had a ted illegalities when it failed to hold
catastrophic effect on the MDC Al- by-elections as required by the Con-
liance, which was led by Chamisa. stitution, the application by Sen-
Things got so bad that Chamisa and gweni and his co-applicants leaves a
his allies had to form a new party, lot to be desired. It was filed just 3
the Citizens' Coalition for Change weeks before the by-elections as an
ordinary court application which
means it will not be heard before
the elections that it is meant to stop.
This is because the time slots with-

NewsHawks Critical Thinking Page 33

Issue 71, 11 March 2022

in which specific processes must be dent to proclaim by-election dates have been declared otherwise. Their prove his statement that “Zimbabwe “adequate representation of the elec-
done in conducting such an applica- and that “The time specified by application should have challenged has financial challenges that are affect- torate”. It is on this principle that
tion take long. Zimbabwe’s Constitution came and the legality of these regulations, and ing the greater majority of the people”. by-elections are based. They are held
went”. How much time this is, Sen- this means they should also have cit- He does not think it is  “prudent to to ensure that citizens are adequately
To avoid these lengthy processes, gweni does not say. In short, the case ed the author of those regulations, drag the country into another plebiscite represented even when a vacancy oc-
they may try to convert it into an ur- for the alleged breach is not apparent namely the Minister of Health and whose outcomes will not change the curs during the term of parliament.
gent application, but they will strug- from the application. He is just recit- Child Care so that he has an oppor- numerical configuration of parliament Sengweni and his handlers have no
gle to convince the court that it is ing a general story that might work tunity to present his defence. As it in any way”. regard for democracy and the role of
an urgent matter. The proclamation for a pub conversation but has no is, the application is misconceived elected representatives.
was made at the start of the year; the place in a serious court of law. Need- because it does not challenge the le- They are just bare assertions that
nomination court was held, and the less to say, he doesn’t even deal with gality of the regulations suspending might be used in a pub conversation, Lack of seriousness
election date is almost due. If it is the more than 100 local authority the by-elections. but they have no place in serious le-
urgent because of the imminence of by-elections whose legality he is also Unsolicited opinion gal documents. If financial challeng- In his emaciated affidavit, Sengwe-
the by-elections, it is a type of urgen- challenging. Sengweni goes further to offer an es were a good reason to disregard an ni claims the President’s proclama-
cy that the applicants brought upon Non-citation of relevant parties unsolicited opinion concerning the election, with its perennial problems tion called for “House of Assembly
themselves which is not sufficient for It is a basic rule of procedure that relevance of holding by-elections. Zimbabwe would have a good excuse by-elections in a total of 28 constit-
purposes of an urgent application. when you challenge an election mat- “In any event, there is really no need to avoid elections, thereby cement- uencies”. I have already stated that
Vague and embarrassing ter, you must cite all parties that are for by-elections now”, he declares ing a dictatorship. In any event, it is there is no such thing as a House of
In addition, the application con- affected by the outcome of the de- before offering some advice. “This not the role of the court to wade into Assembly in the Zimbabwean parlia-
tains only bare facts which makes it cision. In this case, apart from the country is due to hold its harmon- the economic affairs of the country. ment. There is a National Assembly
extremely vague and embarrassing. President who made the proclama- ised elections in the next 16 months, If Sengweni was serious, he should which is presumably what he means.
When you make such an applica- tion, the applicant must cite the elec- it is prudent to wait for that date”. have cited the minister responsible Although this might seem pedantic,
tion, you must set out the full facts toral authority and all parties that It is ironic that a man who claims to for the treasury (Finance minister) to an affidavit is a sworn statement that
in the affidavit which make out your are participating in the elections. be protecting the correct interpreta- give him an opportunity to make an articulates facts. This elementary er-
legal case. The facts must be in such a These parties include political parties tion of the constitution wants it to authoritative statement on national ror, which is repeated throughout the
manner that they enable the respon- and candidates that have been duly be ignored on the ground that the finances. affidavit, is a further show of lack of
dent to make an informed response. nominated for the elections. Once next general elections are more than Contempt for MPs seriousness and diligence on the part
Sengweni’s application is full of glar- the nomination court has sat and a year away. One of the most shocking parts of of the applicant. Further evidence of
ing errors and generalizations. Take, concluded its work, all nominated Sengweni’s averments is his view re- lack of seriousness is when Sengweni
for example, paragraph 14 where candidates have a vested interest in He is oblivious of the fact that garding the role of parliament.  “At refers to vacancies in “parliamentary
Sengweni claims that his application the election. They have a legitimate the  constitution itself anticipates present the purpose of Zimbabwe par- and council constituencies”. There is
is for a determination that the Presi- expectation to be cited so that their when it is not prudent to hold liament is to enact national law. There no such thing as a “council constit-
dent “failed to call for by-elections in side can be heard by the court. Sen- by-elections. Section 158(3) of the is no individual value of a member of uency”.
all 28 House of Assembly seats and gweni and his lawyers should have Constitution provides that,“Polling parliament at all. Any law made by
council seats within the time stipu- known this, but they only cited two in by-elections to Parliament and lo- parliament will affect every Zimba- In conclusion, Sengweni’s appli-
lated by the constitution of Zimba- parties: Mnangagwa and ZEC. They cal authorities must take place with- bwean equally. It does not matter for cation is woefully inadequate. While
bwe …” For a start, there is no such omitted all the political parties and in ninety days after the vacancies example that the Member of Parlia- Sengweni might be dismissed as a
thing as the “House of Assembly” in candidates that have legal rights and occurred  unless the vacancies occur ment for Mkoba is out of Parliament. chancer, circumstances suggest that
Zimbabwe’s Parliament. This means interests in the election that they are within nine months before a general Parliament can still produce quality he and his co-applicants are not
his affidavit refers to something that challenging. It’s not an application election is due to be held, in which law led by debate from a Member of acting alone. They are someone’s
does not exist. He makes no effort that has been attended to with the event the vacancies may remain un- Parliament of say Umguza constitu- tortoises on a fence post. Someone
whatsoever to state for the court the seriousness and diligence that it de- filled until the general election.” (my ency”  (sic), he declares without any placed them there. They have kept
time within which the by-elections serves. emphasis). sense of irony. For someone who at a distance to ensure plausible de-
were supposed to be held. Presumption of legality claims to be defending the Consti- niability. But whoever they are, the
I have already argued that the pro- Under this provision, the peri- tution, he demonstrates poor knowl- poor quality of the application be-
More significantly, Sengweni does cedure by which the government od within which a by-election may edge of it. If he did, he would know trays their lack of seriousness.
not state the exact dates when each suspended elections was unlawful. not be held is if the vacancy occurs that law-making is only one of the
of the vacancies that are the subject However, the regulations that were within 9 months before the next functions of the legislature. Apart The drafting leaves a lot to be de-
of his application arose and when, issued by the Minister of Health general elections. Sengweni wants to from its legislative function, parlia- sired. It is woefully lacking in sub-
therefore, the by-elections fell due. under the Public Health Act remain change this although he knows the ment has the function of holding the stance. The most basic requirements
This exact information is necessary lawful until they have been chal- general election is 16 months away. state and its institutions to account of such an application are violated.
to establish the alleged breach. He lenged and struck down by a court He is asking the court to ignore a and to ensure that the constitution It is an application that tests the pa-
merely states in paragraph 16 that “I of law. This is based on the presump- clear constitutional provision. Such is upheld[1]. tience of even the most tolerant judi-
witnessed vacancies as they occurred tion of legality, which means every disregard of the Constitution is not cial officer. Someone is desperate to
in the constituencies”. Anyone can law is presumed lawful until it has something that can be associated By saying  “there is no individual stop the by-elections and it can only
say this, but it means absolutely been declared unlawful by a compe- with self-proclaimed constitutional- value of a member of parliament at be a participant who has no confi-
nothing. tent court.  ists. all”, Sengweni contemptuously dis- dence in citizens’ judgment in elec-
Non-legal arguments misses the very people who make up toral contests. It’s likely those that
One cannot allege breaches but Therefore, Sengweni and his But Sengweni is not done. Bereft of parliament and more significantly, have relied on the courts of law for
make generalized statements that co-applicants should have known serious legal arguments, he offers a disregards the fundamental rights to their political lives are trying one last
do not establish evidence of the that the basis upon which the paltry socio-economic analysis as a vote and to representation that are desperate attempt at a lifeline.
breach. A diligent applicant would by-elections were suspended in the last throw of the dice. Describing protected by the Constitution that
have specified the dates when each Public Health regulations and that Zimbabwe as a “small economy”, he purports to be defending. One of *About the writer: Dr Alex
of the 28 vacancies arose and when they have the force of law until they Sengweni declares without pro- the most fundamental constitutional Magaisa is a law lecturer at Kent
the by-elections were due to be held. ducing any supporting evidence to values in section 3 of our Constitu- University in Britain and former
tion is an electoral system based on adviser to the late Zimbabwean
He simply states in paragraphs prime minister Morgan Tsvangirai.
17-19 that he waited for the Presi-

Page 34 Critical Thinking NewsHawks

Issue 71, 11 March 2022

NewsHawks Reframing Issues Page 35

Issue 71, 11 March 2022

Russia-Ukraine war: Decoding how
African countries voted at the UN
support from the Soviet Union
MAHAMA TAWAT Sergiy Kyslytsya, Permanent Representative of Ukraine to the United Nations, speaks during a special session of the General during their struggles for indepen-
Assembly on March 02, 2022. Photo by Michael M. Santiago/Getty Images dence.
IN recent weeks the world has wit-
nessed the most tense moments in the more powerful Europeans) that vide  between democratic and au- such as military bases and joint mil- Senegal’s case is more puzzling.
international relations since the end they needed each other to advance thoritarian regimes itary operations against jihadists. The country is a darling of the
of the Cold War. these interests. West because of its long demo-
This divide trumps other poten- Conversely, most of the 17 Afri- cratic tradition. The Senegalese
This was evident in the  deliber- Research  carried out by authors tial explanations for voting patterns can countries that abstained or, like government  stated  that its absten-
ations  and voting by members of such as the Dutch political scientist at the emergency general assembly Eritrea, voted against the resolution, tion conformed to the “principles
the United Nations on resolutions Erik Voeten also shows that voting meeting on the Ukraine invasion. are authoritarian or hybrid regimes. of non-alignment and the peaceful
calling on Russia to halt its inva- at the General Assembly is — gen- The degree of closeness of the coun- These included Algeria, Angola, settlement of disputes”. However,
sion and withdraw its forces from erally speaking — motivated by in- try’s ties with either the West or Burundi, Central African Republic, its president’s  official statement  as
Ukraine. terests. Russia is an additional explanation. Congo, Equatorial Guinea, Mada- the current president of the Afri-
The dividing line gascar, Mali, Mozambique, South can Union together with the AU
The events have also been a stress But, as the American political sci- The group of 27 African coun- Sudan, Sudan, Tanzania and Zim- chairperson could be construed as
test for military and political alli- entist Alexander Wendt has shown, tries that voted for the resolu- babwe. supporting the territorial integrity
ances. what constitutes interest depends tion was mostly made of  Western of Ukraine.
on  each government’s perception. aligned-democracies. They were Some of these have close mili-
Africa yielded significant influ- So much so that, two rival countries Benin, Botswana, Cabo Verde, Co- tary and ideological ties with Russia This liberal or illiberal cleavage
ence on the voting outcome with 54 can sometimes vote for the same moros, Democratic Republic of the sometimes going back to the Cold conveys three sorts of insights.
countries, (27.97 % of all votes). resolution. Congo , Gambia, Ghana, Kenya, War.
Lesotho, Liberia, Malawi, Mauri- Firstly, that the world is con-
First, was the meeting of the Historically, as Voeten showed, tius, Niger, Nigeria, Sao Tome and This list includes Algeria, Angola, vulsed by the kind of clash of civil-
12-member Security Council on voting patterns have been shaped Principe, Seychelles, Sierra Leone, Congo, Mozambique, Zimbabwe, isations predicted by the American
25 February 2021. The three Afri- by the big issues of the day. In the Tunisia and Zambia. Mali, Central African Republic. political scientist Samuel P. Hun-
can representatives, Gabon, Ghana 1950s, colonialism pitted European tington who claimed that cultur-
and Kenya, along with eight other countries against Asian and African But the list included a few There were also some exceptions al identity will be the faultline in
countries  voted for the resolution. countries. non-democratic or hybrid regimes to the rule. world conflicts.
However, Russia used its veto pow- too. They were Côte d’ivoire, Ga-
er to block it. This veto prompted From the 1960s to the 1980s, it bon, Libya, Chad, Egypt, Maureta- A number of functioning democ- This faultline will give way to
the US and 94 countries to call an was the Cold War and the division nia, Rwanda, and Somalia. racies — Namibia, South Africa, world-civilisations: Western, Chi-
emergency meeting of the UN Gen- between Eastern or Western Blocs. and Senegal — also abstained. All nese, Islamic, Latin, Slavic and
eral Assembly on 27 February 2022 More recently, voting patterns have They did, however, all have one have strong affinities with the West. perhaps African. While his idea of
where a similar, but non-binding been structured by developing thing in common: they are all West- But in the case of Namibia and a clash — and identity as its en-
motion was tabled. The assembly’s countries’ desire to obtain or secure ern allies, with close military ties South Africa, their respective ruling gine — appears to materialise, this
first emergency meeting in 40 years. aid from developed countries and parties, — the South West African identity is based on ideology — not
increasingly the liberal-illiberal  di- People’s Organisation and the Afri- culture. Illiberalism having replaced
The resolution included a con- can National Congress — received communism.
demnation of Russia’s decision to
“increase the readiness of its nuclear We simply had not yet arrived
forces”. It was adopted with the re- at the  triumph of democracy  pro-
quired two-third votes of all mem- claimed by the American political
ber-states. scientist Francis Fukuyama in his
book the End of History published
There was less unanimity in Afri- in 1992 after the fall of the Berlin
can votes at the General Assembly wall.
than in the Security Council where
the allocation of non-permanent Secondly, that authoritarian re-
seats, while obeying a certain geo- gimes find comfort and support
graphical distribution, does not re- in the proximity of similar regimes
quire representative countries to be for their survival. This works like
their regions’ mouthpieces. an insurance policy. Russia having
shown its determination to rescue
The majority of African countries authoritarian regimes such as Syr-
clearly sided with Ukraine: 28 out ia, these countries don’t want to
of 54 (51.85%). Only Eritrea voted close off the option of resorting to
against the resolution. But nearly its help if they faced an existential
a third refrained from taking sides threat.
(17 out of 54) — that is if one un-
derstands abstention to be halfway Thirdly, that if the war in Ukraine
between a yes and a no. Eight coun- escalates globally and a Cold War
tries were absent. 2.0 including China settles in, Afri-
can countries would split into blocs
My research has investigated the instead of presenting a common
similarities and differences in coun- front.
tries’ reactions to crises. For exam-
ple,  I examined  the 2015 refugee Seen in the context of the EU-
crisis in Europe and the opposite AU renewed partnership, this cleav-
reactions of Western and Eastern age will take more importance now
European countries. I explained than at their Brussels summit, a
these through their different identi- week before the conflict eruption,
ties — or the “who we are?”. where they proclaimed a Joint Vi-
sion for 2030 and sought a strategic
I also examined the Joint-Valletta alliance.
Action Plan, an immigration pact
signed by the European Union and The EU’s demands regarding
African Union in reaction to the ref- democracy and as such alignment
ugee crisis. I showed that the plan, would likely increase and it natural-
which has helped reset AU-EU re- ly will seek to deepen its relations
lations, was based on interdepen- with like-minded African countries.
dence, a kind of interest whereby
parties held to their interests (ter- *About the writer: Mahama
ritorial integrity for the Europeans Tawat is a research fellow at Uni-
and economic development for the versité de Montpellier in France.
Africans) but recognised (especially

Page 36 Critical Thinking NewsHawks

Issue 71, 11 March 2022

Ukraine war: Fresh warning that
Africa needs to be vigilant against
Russia’s destabilising influence

JOSEPH SIEGLE

IT is commonly held that Russian Russian President Vladimir Putin and African leaders at the 2019 Russia-Africa Summit and Economic Forum in Sochi in 2019. Photo by Alexei Druzhinin / Sputnik / AFP via Getty Images
President Vladimir Putin’s objec-
tive for invading Ukraine is to install garnered only one dissenting African vote is those with leaders who have Priorities for action Civil society can also heighten scru-
a puppet regime that is pliable to vote – Eritrea. This was accompanied patronage ties with Russia. Those in If the past is any indication, Russia tiny and transparency of opaque con-
Moscow’s interests. If so, this would by strong denunciations of the Rus- power in Algeria, Angola, Burundi, can be expected to escalate its influ- tracts that tend to provide the patron-
be consistent with the approach Rus- sian attack on Ukraine by the Afri- Guinea, Equatorial Guinea, Mada- ence campaign in Africa in reaction age that props up coopted regimes.
sia has taken with its forays into Afri- can Union (AU) and the Economic gascar, Mozambique, South Sudan, to its international isolation follow-
ca in recent years. Community of West African States. Uganda and Zimbabwe benefit from ing the Ukraine invasion. Another means of enhancing Afri-
The current chair of the AU, Sene- Russian arms, disinformation or po- can agency is to support the efforts of
Drawing from its Syria playbook, gal’s President Macky Sall, and AU litical cover. These leaders, moreover, To mitigate Russia’s malign influ- African regional organisations such as
Russia has propped up proxies in Lib- Commission chairperson Moussa have no interest in democratic pro- ences, African and international ac- the African Union. The AU and the
ya, Central African Republic, Mali Faki Mahamat also criticised Russia’s cesses that may threaten their hold on tors wishing to advance a democratic, regional economic communities have
and Sudan. Moscow also has its sights unprovoked war. power. rules-based order for the continent adopted charters advancing demo-
on another half dozen African leaders should take some decisive steps. cratic norms and processes. These
facing varying degrees of vulnerabil- In total, 28 of Africa’s 54 countries Others who abstained or did not bodies can help uphold democratic
ity. voted to condemn the Russian inva- vote likely did so for ideological First is to invest in democratic in- norms when there are violations. And
sion, 16 abstained and nine did not reasons rooted in their traditions of stitutions and democratic partners. they can reduce the scope for external
In the process, African citizen and vote. All in all, the vote was a remark- non-alignment. These included Mo- Democratic checks and balances are interference.
sovereign interests have given way to able rebuke of Moscow from a con- rocco, Namibia, Senegal and South the best bulwark against nefarious ex-
Russian priorities. tinent where many African leaders’ Africa. While they may maintain ternal influences. Internationally, democratic gov-
worldviews are shaped by a posture ties to Moscow, they are appalled by ernments need to sustain long-term
This  elite cooption strategy  effec- of non-alignment, raw legacies from Russia’s imperialistic actions. By and Second, coups and third termism partnerships with their African coun-
tively serves  Russia’s strategic objec- the Cold War, African diplomatic po- large, they support the upholding of must be strongly condemned. terparts. African countries with legit-
tives in Africa. These include, first, litesse, and a desire to remain neutral international law to maintain peace imately elected leaders shouldn’t be
to gain a foothold in the southern in Great Power rivalries. and security. Third, building the capacity and put in a position to choose between
Mediterranean and Red Sea, putting space of African journalists is espe- international partners. It’s reasonable
Russia in a position to threaten Na- The vote also revealed a  widening Those who voted to condemn the cially vital. Without a free and in- that African governments will want to
to’s southern flank and international segmentation of governance norms invasion included leading African de- formed discourse, it is difficult to have multiple external relationships
shipping chokeholds. in Africa. And it shows that African mocracies and democratisers. These have a national dialogue on priorities subject to their context and interests.
relations with Russia from here on in comprised Botswana, Cabo Verde, and preferences. Or to hold political
Second, to demonstrate Russia’s will not be uniform — nor abruptly Ghana, Malawi, Mauritius, Niger, leaders accountable for their actions. This is especially so given the leg-
Great Power status whose interests reversed. Nigeria, Kenya, Seychelles, Sierra acies of colonialism and the struggles
must be considered in every region of Leone and Zambia. They represent Fourth, is to enforce the  African for independence that defined the
the world. The African countries that ab- a mix of motivations. But I calculat- Convention for the Elimination of creation of many African countries.
stained, or did not vote, did so for a ed that the median Global Freedom Mercenarism, which went into effect Rather, the focus of these partner-
And third, to displace western in- variety of reasons. The most obvious score for this group of 28 countries in 1985. This legally prohibits Afri- ships should be on maximising a
fluence in Africa while undermining category of country unwilling to con- based on Freedom House’s annual (0- can states from allowing mercenaries shared vision of what a rules-based
support for democracy. demn Russia was those with African 100) ratings is 20 points higher than into their territory and should be em- order should look like and how it can
leaders who have been co-opted by those that did not vote to condemn. ployed to bar Wagner from the con- be put into practice.
Russia has often used extralegal Moscow. tinent.
tools  to pursue its objectives on the The  powerful speech by Kenya’s In the end, Russia doesn’t have
continent. It has deployed mercenar- These included Faustin-Archange ambassador to the United Nations, Fifth, there must be investment in much to offer African leaders other
ies, run disinformation campaigns, Touadéra in the Central African Re- Martin Kimani, in defence of re- Africa’s professional militaries. This than coercive tools. If these are di-
interfered in elections and bartered public, Lieutenant-General Abdel specting sovereignty, territorial integ- will bolster democracy. A growing minished, then so too will be Russia’s
arms for resources. This low-cost, Fattah al-Burhan in Sudan, and Col- rity, and resolving differences through number of African militaries have be- destabilising influences on the conti-
high yield approach has enabled onel Assimi Goïta in Mali. non-violent means, epitomises the come politicised. This has contribut- nent.
Moscow to expand its influence in views of this group and its support ed to the upsurge of coups as well as
Africa more rapidly, arguably, than These leaders lack legitimacy do- for a rules-based order. the use of militaries as a coercive tool — The Conversation.
any other external actor since 2018 mestically. They depend on Moscow’s against political opponents. *About the writer: Joseph Siegle
when Russia ramped up its Africa en- political and mercenary support to Many have also taken the lead is director of research St the Africa
gagements. hold onto power. in condemning the surge in coups Strengthening African citizens’ Centre for Strategic Studies, Uni-
and third termism on the continent. agency is also key. Russia’s malign in- versity of Maryland, US.
Regrettably for African citizens, A second category among the fluences can be mitigated by strength-
these tactics are all inherently desta- countries that abstained or did not ening African civil society to ensure
bilising. Moreover, the result is disen- independent voices are not muffled.
franchisement and diminished Afri-
can sovereignty.

Russia’s expanding influence por-
tends a bleak vision for Africa. In ef-
fect, Russia is attempting to export its
governance model — of an  authori-
tarian, kleptocratic, and transactional
regime — onto Africa.

This is especially problematic since
there are at least a handful of African
leaders who are more than happy to
go down this path. Never mind that
this diverges wildly from the  demo-
cratic aspirations held by the vast ma-
jority of African citizens.

The United Nations’ vote on Rus-
sia’s invasion in Ukraine provides a
useful prism to understand relation-
ships between Moscow and partic-
ular African countries. It reveals a
spectrum of governance norms and
visions for Africa. It is through these
lenses and interests that groups of
African countries can be expected to
engage with Russia moving forward –
with far-reaching consequences for
democracy, security and sovereignty
on the continent.
Puppets, patrons and pushback
The UN General Assembly resolution
condemning the Russian aggression

NewsHawks Reframing Issues Page 37

Issue 71, 11 March 2022

OPE ADETAYO “Only Ukrainians and not Blacks”:
Fleeing African students face racism
INITIALLY, Wasiu Sidiq, a 20-year
old student studying at Lviv Nation- Those fleeing Russia’s invasion speak of discrimination by both officials
al Medical University, did not want and fellow refugees and of a lack of support from their governments.
to leave Ukraine when the Russian
invasion began. Refugees from Ukraine at the Polish border on 27 February 2022. Credit: Alexander Somto (Nze) Orah. On 27 February, the Nigerian gov-
ernment condemned the treatment
He maintained calm as others Refugee Agency (UNHCR)  ac- a friend had decided to try to get to they will not see us as a threat, they of Africans in a statement. “It is par-
rushed to the borders. But when he knowledged the problem. Poland. They went to the train sta- would not be too hostile to us, but amount that everyone is treated with
woke on 25 February, the second day tion in the capital, but struggled to that did not really help a lot,” says dignity and without favour,” it read.
of the war and found that his Nigeri- “You have seen reports in the me- get information from the officials Elizabeth. “All who flee a conflict situation have
an roommate had left without notice dia that there are different treatments there. By contrast, they noticed that the same right to safe passage under
in the middle of the night, he caved. with Ukrainians and non-Ukrai- the staff seemed to be telling Ukrai- When they stopped in the city of UN Convention and the colour of
nians, but our observation is that nians the correct platform. When the Mostyska, near the Polish border, their passport or their skin should
Sidiq joined four other Nigerian these are not state policies but we 9am train arrived, Elizabeth and her Elizabeth’s companion got off to use make no difference.”
students and headed for the Medy- have seen instances where it has hap- friend were behind a big crowd de- the toilet. When they returned, their
ka border which Ukraine shares with pened,” he said in a press conference spite having been waiting for hours. fellow passengers denied they had While this position was welcomed,
Poland. They packed their familiar on 1 March. They failed to board. ever been on the train. however, some argue that part of the
lives into a few suitcases and bags and blame for the plight of Africans flee-
left at around 8am. They got on a bus Speaking to African Arguments, At around 7pm, another train “They kept insisting that they did ing Ukraine lies with their own re-
going to the border, but after over Kevin Keen, a spokesperson at the arrived. This time, they were in the not know who we were. We went to spective governments. Criticism has
two hours in which they had bare- the office of the Deputy High Com- right place. They let women with the next door to try and enter, and the been levelled at officials in the likes
ly moved amid the queues of other missioner of UNHCR reiterated: children get on first and then tried to people at the other door just started of Nigeria, Morocco and Kenya for
people fleeing, the driver gave up and “We stress that there must be no move forwards but found themselves laughing at us,” she says. However, it their perceived tardiness in evacuat-
ordered them out. They began what discrimination against any person or facing strong resistance. soon got worse as passengers started ing their citizens in Ukraine. Before
would be a gruesome six-hour walk. group. Among other human rights forcing Black people off the train. the invasion, Nigeria student union
instruments, the 1951 Refugee Con- “We would try to enter and we leaders had reached out to the Nige-
It was already evening by the time vention applies ‘to refugees without would get pushed down very harshly “A Black girl got pulled down and rian embassy in Kyiv for assistance,
Sidiq and his companions dragged discrimination as to race, religion or and they just kept hitting our chests another Nigerian boy got snatched but to no avail. While the US, UK
their tired bodies to the border. There country of origin’.” repeatedly,” says Elizabeth. “One of and they dragged them out of the and many other nations issued no-
were thousands of people already “They just kept hitting our chests” my friends almost got thrown into train,” says Elizabeth. “She has been tices for their nationals to leave and
there. After another four hours of While Sidiq was still contemplating the middle of the train track area, a with us from the beginning.” evacuated embassy staff, African gov-
struggling to move through the mass, going to the border on the second very dangerous place basically. And ernments with significant student
Sidiq managed to get through the day of Russia’s invasion, Elizabeth, a we just had to fight our way and then “We know all about [racism] in populations in Ukraine called for
gate, but had become separated from 20-year-old Nigerian student at Kyiv we got seats.” Ukraine, but I think this is the worst calm.
his friends in the process. He joined a Medical University who prefers we type we ever faced because I think
queue, which didn’t move for almost use her middle name, was already on Aware they were only Black peo- this is the time we think everyone is “The Nigerian embassy did not
24 hours. the move. ple in the carriage, they tried hard to supposed to have their humanity on even attend to us,” says Sidiq.
seem harmless. “We had to be very their chest,” she adds. “I have never
“The reason the queue was not From 5am that morning, she and accommodating and be very nice and seen them being wicked before.” In the wake of the invasion, Ni-
moving was because of the Ukrai- help them carry their kids so that “An over-estimation of capacity” geria’s Minister for Foreign Affairs,
nians. They said they are the owners Geoffrey Onyeama, defended the
of the country,” a furious Sidiq tells government’s position on national
African Arguments over the phone. television, citing Russia’s denials that
“I told one [Ukrainian] woman that it was planning to invade.
both of us are foreigners right now.”
When the queue finally did start to Our requests for comment from
move, Sidiq says that officials told the government went unanswered,
Africans to form a separate line and but a source within the ministry who
other refugees started yelling at them. asked to remain anonymous because
they are not authorised to speak, tried
“They started shouting ‘foreigners to explain the ministry’s actions.
go back, foreigners go back’. They
were literally shouting it to our face,” “The assessment at that time was
he says. “They did not care about us inconclusive,” they said. “There is
at that moment. They just wanted us always an over-estimation of the
to die.” capacity of the Ministry of Foreign
Affairs on dealing with certain is-
Now that there were two queues, sues and this is an unfair comparison
the border guards reportedly pro- with Western countries which tend
cessed about a hundred Ukrainians to have far more diplomats and far
before selecting about five Africans. more resources’.”
But finally, Sidiq’s passport was
stamped and he was processed for They added that Nigeria is grossly
evacuation. under-staffed and under-resourced in
eastern Europe and that its relation-
By this time he was exhausted, ship with countries in the region are
hungry and dehydrated. He noticed at a low ebb, contributing to Nige-
a stand that was giving out food to ria’s inaction before the invasion.
refugees, but he and other Black stu-
dents were refused. On 2 March, President Muham-
madu Buhari approved  US$8.5
“They were sharing bread, burger, million  for the evacuation of Nige-
noodles and coffee,” he says. “We rian citizens from Ukraine to Poland,
went to meet these people [and tell Hungary, Romania and Slovakia.
them] that we were hungry, and they According to reports online, many
said the food is for only Ukrainians, Nigerian students are still stranded.
not Blacks.”
“There must be no discrimination” Sidiq and Elizabeth both have
According to official data, at least friends who were in Ukraine whose
20% of the foreign students in whereabouts are unknown. “We
Ukraine are African. There are at don’t even know if they are alive or
least 4 000 students from Nigeria dead,” says Elizabeth.
alone. Many are attracted to the
eastern European country due to its *About the writer: Ope Adetayo
affordable tuition costs compared to is a Nigerian writer and journalist
other overseas destinations. based in Lagos, Nigeria. He is cur-
rently an African Arguments jour-
Like Sidiq, many of these Af- nalism fellow.
rican students – including  Ken-
yans  and  Ghanaians  for examples
–  have also attempted to flee since
Russia’s invasion and have faced ra-
cial discrimination on their journeys.
After hundreds of these experiences
were documented online, Fillipo
Grandi, Commissioner of the UN

Page 38 CReriftriacmaliTnhgiInsksuinegs NewsHawks

Issue 71, 11 March 2022

SONALI KOLHATKAR We should treat all refugees as
though they are Ukrainian
IT was inevitable that when
brown-skinned Afghan refugees People from different countries offer free transport and accomodation to refugees from Ukraine at the railway station in Przemysl, eastern Poland.
fleeing war were turned away from Photo by Janek Skarzynski / AFP) (Photo by JANEK SKARZYNSKI/AFP via Getty Images)
European borders over the past
few years, the callous actions of feel more remote from people you ing several of my own Facebook fleeing wars that the West has fo- Afghanistan at the mercy of the
these governments would come perceive as being not like you.” At friends) of him in military fa- mented would be an admission of Taliban, Afghans were desperate to
back to haunt them.  the very least, this is a good rea- tigues as evidence of his courage in Western culpability. Not only do flee. Although the Biden adminis-
son newsrooms across the United standing up to Russian militarism, Ukrainian refugees offer palatable tration laudably  fast-tracked  US
One million people fled Ukraine States need to diversify their staff. when in fact the image was cap- infusions of whiteness into Euro- resettlement for Afghans, prob-
from Russia’s violent invasion in tured well before Russia’s invasion. pean nations, but they also enable lems remain, with one refugee ad-
the span of only a week. They are Parekh, who has written two governments to express self-righ- vocate calling the process, “kind of
being welcomed — as refugees books, including No Refuge: Eth- Similar expressions of solidar- teous outrage at Russia’s imperi- abysmal”.
should be — into neighbouring ics and the Global Refugee Cri- ity with brown-skinned resisters alist ambitions and violent mili-
nations, inviting accusations of sis  and  Refugees and the Ethics of Western militarism or victims tarism. If Ukrainian refugees are Parekh says that decisions by
racist double standards. of Forced Displacement, says that of Western wars have been far less evidence of Russian brutality, then Poland and other nations to ad-
one “assumption” she has heard common. Afghan and Iraqi refugees are evi- mit fleeing Ukrainians with open
Poland  offers the most egre- justifying favorable treatment of dence of the same kind of brutality arms, “[show] that the European
gious example of national racism. the latest wave of refugees in Eu- Pointing out the double stan- on the part of the US and Nato. Union can take in large numbers
Its government, whose nation bor- rope is that “Ukrainians are not dards of governments and the of asylum seekers and can do so in
ders Ukraine, has welcomed trau- terrorists and they are not crim- press at a time when Ukrainians While Europe’s double standard a relatively efficient way”.
matised Ukrainians, just months inals, and so we can let them in are watching their nation getting toward refugees is on full display
after  turning away Afghans. If safely, without having to worry destroyed will inevitably spark in Russia’s war on Ukraine, the US In light of the sudden wellspring
these optics were not bad enough, about screening them”. She calls accusations of insensitivity and is certainly not innocent either. of compassion toward Ukrainian
Polish nationalists have sought out such views “racialised assumptions of being irresponsible in “wha- Former president Donald Trump refugees emerging from Western
people of colour who are among … largely unsustainable by any ev- taboutism” to make a point. effectively slammed shut the door nations, media, and the public, a
the refugees fleeing Ukraine and idence”. on refugees during his tenure and simple thought experiment could
attacked them. But now is the time to call out bolstered his anti-refugee policies protect governments, journalists
Such assumptions are in- what human rights groups and with racist language. and us from further accusations of
According to  The Guardian, fectious. Social media plat- independent journalists have for racist double standards: we could
“three Indians were beaten up by forms  abound  with images sport- years been saying: that the US President Joe Biden, who cam- treat all refugees as though they
a group of five men, leaving one ing the now-ubiquitous blue and and Nato-led wars in Afghanistan, paigned on reversing Trump’s were white-skinned Ukrainians, as
of them hospitalised”. Africans yellow of the Ukrainian flag. Iraq, Syria, Somalia, and elsewhere anti-refugee rules, initially  fal- though they were human.
studying in Ukraine joined the Ukraine’s President  Volodymyr are racist, and that the callous dis- tered on keeping his promise when
exodus after Russia’s invasion, and Zelenskyy has emerged as a larger- missals of the resulting human- he took office. But, even after the — Economy For All.
have been  stopped at the Polish than-life hero to the morally out- itarian catastrophes are equally limits on allowing refugees into *About the writer: Somalia
border. Poland might as well erect raged. So invested are people in barbaric. the US were eventually lifted, few Kolhatkar is an award-winning
a giant sign on its border declar- believing Zelenskyy’s heroism that have been admitted into the coun- radio and television host, weekly
ing, “whites only”. many have shared a photo (includ- There’s another reason brown- try. Last year, when US troops left columnist and published author.
skinned refugees are seen as unde-
In elevating such disparate sirable. Welcoming those people
skin-tone-dependent attitudes
toward refugees, Europe is giving
its colonialist heritage a new lease
on life. We see echoes today of the
dehumanisation that enabled Eu-
ropean colonisation of the Global
South and the enslavement of gen-
erations. It’s not just Poland. The
Arab and Middle Eastern Journal-
ists Association has denounced the
overtly racist language of many
Western journalists, including
Americans such as  Charlie D’Ag-
ata  of CBS who said of Ukraine
that “this isn’t a place, with all
due respect, like Iraq or Afghani-
stan, that has seen conflict raging
for decades”. (In fact, Ukraine has
seen plenty of conflict in the past
years).

D’Agata’s insertion of “with all
due respect” was perhaps his be-
lated realisation that he was veer-
ing into dangerous territory by
contrasting Ukrainian civilisation
against the presupposed barbarity
of the darker nations. But then, he
continued, saying, “this is a rela-
tively civilised, relatively European
— I have to choose those words
carefully, too — city where you
wouldn’t expect that, or hope that
it’s going to happen”.

Again, D’Agata probably real-
ised as the words were escaping
his mouth just how racist he was
sounding. His  later apology  was
not convincing.

Serena Parekh, professor of
philosophy at Northeastern Uni-
versity in Boston, said in a recent
interview: “It is very human to
feel connections to people that
you perceive to be like you and to

NewsHawks CRreitfircaaml TinhginIkssinuges Page 39

Issue 71, 11 March 2022

Elitism affects schools across the
globe: it needs to be kept in check

CONRAD HUGHES promoted and awarded. But what do “not all children have an equal op- can veer into crude exclusionary • Broaden Assessment. Schools
we mean by the best? Best at what? portunity to reach their full poten- tactics too: rubbishing Western cul- need to look carefully at how they
There is no shortage of themes to Traditional school assessment met- tial”. This is often because lower ture; excluding people based on their can assess students more broadly
address in schools and universities: rics measure attainment in academic resourced schools struggle to provide identities or seeking stigmas, cate- than on academic skills predicated
wellbeing; climate change; diversity; domains and extra curriculars. the type of learning support that gorisations and new types of stereo- on social advantage. At the same
equity and social justice; assessment; many student might need to excel. types. Ironically, in the effort to dis- time, universities need to be part of
21st century learning; the list goes The question to ask is where the Cultural elitism mantle elitism, a new type of elitism that discussion too, ensuring that
on. space is for neurodivergent, physi- Finally, there is cultural elitism, can be created. The search should be the entry requirements to tertiary
cally challenged or socially disadvan- in other words, presenting a cur- for an expression of culture that is instructions are more holistic and
But, are there some challenges taged students. Social advantage (or riculum to students that excludes less fragmented and more inclusive. appreciative of character and human
that stand out above the others? The lack therefore) predicts opportunity. many voices. For instance, Kenyan Culture is a discussion to be had by flourishing than they are at present.
answer is yes, but yes on two fronts. For instance, students with access students are still learning as much, everyone. If schools want to encourage entre-
to coaching and technologically ad- if not more, about British history preneurship and student agency,
The first relates to the teacher – vanced infrastructures can get ahead through a British curriculum  than At the end of the day, education then transcripts have to change to
the most important human influ- in extra curriculars. Kenyan history and culture. is about building confidence in stu- recognise this. A group that is doing
ence on student learning. This has dents for the next challenge, and this work to broaden assessment is
been shown through multiple analy- In essence, meritocratic elitism is This causes what is known as cur- to build up someone’s confidence, the coalition to honour all learning.
ses: trials in Uganda have suggested a meant to be need-blind, but it is not. riculum violence. When the curric- there must be care for their multiple
real shift in learning when the teach- Plutocratic ulum is biased towards one cultural identities, not an aggressively elitist • Improve the reputation of state
er is strong, research by the  World Next, there is plutocratic elitism hegemony, it can create complexes interest in some groups only. universities. As long as students are
Bank  points to the importance of meaning that the wealthy have the of inferiority among students and A way forward queuing at the door of the same
teachers’ beliefs in their students opportunities and the poor do not. instructors from other, less repre- In my book, I point out that elitism top-tier, Ivy League and Russell
(what the groundbreaking psycholo- sented, or pessimistically represented is not always necessarily bad. Situa- group universities, the pressure on
gist Bandura called collective teacher This is especially true in educa- cultures. For example, clumsy class- tional elitism is at the core of much guidance counsellors, teachers, par-
efficacy) and an extensive study by tion for a number of reasons. First, room experiments on what it means human organisation, mainly in sys- ents and, of course, students, to out-
the  Rand Corporation  outlines the top-tier universities are still extreme- to be a slave or colonised person run tems of contests, canons of respect, perform one another will remain,
extraordinary value-added teaching ly expensive. Some students receive the risk of traumatising students social structure or aesthetic discern- causing stress and unhealthy zero-
can have on students. needs-based scholarships, but even from historically denigrated cultures ment. Ultimately, there is no such sum-game competition. To mitigate
after scholarships, average tuition is as they are forced to confront heavy, thing as a world without elitism. this, entire national systems and dis-
However, this is only part of the still very high. And its easier to get painful issues in front of a curious tricts have to do work to improve
puzzle. Teachers and students oper- there through  expensive schools, audience. However, when it is too strident the reputation of state institutions so
ate in systems characterised by val- with resources directed at college and unchecked, it becomes import- that progress to tertiary education-
ues, culture and opportunities which counselling. Psychological well-being in ant for educators to stand back, to al pathways is smoother and more
determine many crucial factors, such schools often stems from a feeling of check the systems and values that mindful. Ranking tables should be
as how far a student can hope to go A  2019 Oxfam report  showed not belonging to the in-group. The are framing student learning and to discarded.
in their journey, what they will study that poorer children in the so-called effects of this alienation are manifold adapt them if possible.
and what the next steps in life might “developing world” were seven and can be extremely negative. How to do this? • Decolonise the curriculum. If
be. times less likely to finish school.  A the society that human beings need
UNICEF report makes it clear that Anti-cultural elitist movements in the future is more inclusive, sus-
A teacher alone cannot determine even in more developed countries tainable and socially responsible,
these aspects of life as many will be then the values that are implicit
influenced, if not completely deter- in the curriculum need to be re-
mined, by the second front that has thought. Schools should re-calibrate
the greatest effect on learning. This so that the curriculum experience
second front is ideological: elitism. is critically-minded, diverse, com-
petence-based and celebratory of
I have written a book on this human qualities such as compas-
– Education and Elitism: Challenges sion, cultural literacy, environmental
and Opportunities. I have noticed in custodianship and accountability. A
my daily practice as a Principal that good starting place for this work is
the theme of elitism is omnipresent, the study of history.
from the pressure students put on
themselves to enter elitist universi- Therefore, I submit that to reform
ties to the type of knowledge that education for good, elitism must
is promoted, and excluded, in the be addressed. Schools and society
curriculum. I argue that elitism is a should allow for people to reach
central theme that defines almost ev- potential, to become excellent, but
erything that happens in schools and it does not have to be at the cost of
universities. others. If we look for the good and
celebrate gifts as they are rather than
Of course, this depends on geo- how they should appear in one rigid
graphic regions: in the book I show framework, the whole question of
how educational elitism is far more elitism will become a different ques-
strident in the free-market An- tion, one of human flourishing in all
glo-American sphere, for example, its diverse and powerful expressions.
than it is in social democracies in
Nordic countries. However, this *About the writer: Conrad
is a question of valency, for elitism Hughes is campus and secondary
affects all educational systems across principal at the International
the globe. School of Geneva's La Grande
Boissière, and a research associ-
Let’s investigate what this means ate at the University of Geneva's
at different levels: meritocratic, plu- department of education and
tocratic and cultural elitism. psychology at the Université de
Meritocratic Genève in Switzerland.
First, there is the elitist system of
meritocracy whereby the best are

Page 40 Reframing Issues NewsHawks

Issue 71, 11 March 2022

Rethinking international security
and pre-emptive doctrine: The
case of Russian-Ukraine crisis

MATTHEW MARE Ukrainian President Volodymyr Zelensky. US is at its weakest point as it is
yet to recover from the devastating
THIS piece is a desktop research Super powers have been for years Conflict (Loac) permits the use of any intervention will be interfer- effects of the two-year Covid-19
analysis of events in Ukraine with hiding behind technical terms to armed conflict on exceptional sit- ence with Russia’s domestic affairs. pandemic and China-US trade
the view to project future case evade the international law and uations. The US has carried out a number war. The support of Russia by Chi-
scenarios and recommendations bypass the UNSC censorship. of such military operations in Af- na should be understood from the
thereon. The study found out that While international law of mili- The issue of military operations ghanistan and in many parts of the values of the Chinese themselves; it
the veto power doctrine of the tary operations (Ilmo) was meant is guided by Common Article world with any embargos, UNSC is a country bothered more about
United Security Council (UNSC) to put military operations into le- 2 of the Geneva Convention. A voting and Nato interference. energy and technological supple
has limited its capacity to inter- gal perspective, Gill framed it as military operation in this context than human life.
vene, hence states are framing new an attempt to counterbalance the is often a presidential decision According to Bertrand Russel
terms to justify violations of in- fragmentation of international law directive (PDD), Russia being (1872-1970), war does not de- The basic principle of the Asian
ternational law’ for example terms (Gill:2016). the only country to use it. In the termine who is right, only who tigers is economics over human life
such as military operation, collat- 1994 PDD, former US president is left (Bertrand Russel: 1872- and human related rights. They
eral damage amongst others. The abuse of the term military Bill Clinton stated that operations 1970). There are rushed decisions view life from an economic benefit
operations has seen the gross viola- are an important component of to blame for the military operation view point and yet the Europeans
The study also find out that tion of both international law and the US national military strategy in Ukraine. Russia has been slowly put precedence on human rights
terms such as pre-emptive strike sovereignty. Military operations are and that US forces will be used in strangled over time and the pream- over numbers and figures.
are easily manipulated where a of national security nature and can pursuit of US national interests ble of the US Foreign Policy; Rus-
country can pro-actively attack an- be of a combative or non-combat- (PDD:1994). sia is the main adversary. Russia The other resource curse con-
other country in self-defence. ive nature. The operation can take had limited options than to attack spiracy theory in that there has
four forms, offensive, defensive, This is to say a military opera- Ukraine because it had permitted always inevitable war differences
The study projected World War stability and support. The 1868 tion is a purely domestic issue and its erstwhile enemies Nato and the between the West and Russia. The
III (WWIII) resource and histo- St Petersburg Declaration states international law or response will US to come to its doorstep. theory says in 2010 Ukraine elect-
ry-based wars, recolonisation of that the only legitimate objective be tantamount to interference. By ed Viktor Yanukovych as its pres-
the former colonies through direct which states should endeavour to declaring that it launching a mili- There are conspiracy theories ident to the dismay of West who
military actions and rethinking of accomplish during war is to weak- tary operation in Ukraine, Russia that the invasion of Ukraine is perceived him to be a Russian ally.
the efficacy of the UNSC amongst en the military forces of the enemy limited the operation of inter- merely a smokescreen to justify
other. The study recommends, (Nott:2012). The Law of Armed national law. Russian President a planned invasion of Taiwan by However, before he was elect-
non-military solutions because the Vladimir Putin clearly stated that China. The theory believes that the ed the EU had free trade deal of
situation is likely to turn into a a pipeline which in 2013 Yanu-
WWIII with devastating economic kovych made a U-turn on and
consequences as countries are bat- refused to sign favouring Russia.
tling to recover from the effects of A protest ensued in 2014 and
Covid-19. Irrational decisions will a Crimea referendum was done
trigger popular revolts globally due where 97% of the respondents vot-
to rise in gas and fuel prices on the ed to return Crimea to Russia.
global market.
Introduction Russia annexed Crimea from
The legality or illegality of Rus- Ukraine in March 2014. The US
sia-Ukraine question is elusive and influenced a coup in Ukraine un-
subjective. In Western perspective, der the influence of Assistant Sec-
it is invasion of Ukraine but if it retary of State for European and
is United States it is liberation, Eurasian Affairs Victoria Nuland.
for example Iraq, Syria, Libya, The Colour Revolution (Euro-
Panama, Cuba, Vietnam, Laos, maidan) overthrow Yanukovych.
and Cambodia among others. The
most complicating element of it is Subsequently in April 2014,
the use of non-UN terms like “spe- Russian-speaking regions of Do-
cial military operation” in Ukraine. netsk and Luhansk broke away
from Ukraine and proclaimed
The US carried a number of themselves separate republics.
these operations without any ex- In 2014 Russia started to per-
ternal interference, for example a form military drills on the East-
special military operation on Osa- ern Ukraine border and Nato on
ma Bin Laden without even notify- the other hand doing the same in
ing the affected country. Lithuania, Latvia and Estonia who
share same border with Russia.
Perhaps the efficacy and legality
of terms such as “special military This means what we are witness-
operation” must be a subject of ing in Ukraine is a turning point
debate visa viz the issues of sov- from Cold War or gunboat diplo-
ereignty. The issue of terminology macy between Nato and Russia
is contested globally, China for into a full-scale war. The solution
example rejected calling Russia’s to this problem is not Nato or
moves on Ukraine an “invasion”, West because they are part of the
urging all sides to the conflict ex- problem, not the solution.
ercise restraint. Meanwhile, Nato
Secretary-General Jens Stoltenberg China’s refusal to join Nato or
condemned Russia’s “cold-blood- the West is perhaps informed by
ed” invasion of Ukraine “in the the fact that EU, Nato and the
strongest terms”. The nomencla- West have been interfering with
ture dilemma is the 21st century Asian continent. The same way
dilemma. they have been interference in the
Debate, conspiracy theories and China-Taiwan wrangles.
insights
China is faced with scratch my
back and I will scratch yours gold-
en since they share a common ene-
my that is the West. The US-China
trade war and Covid-19 conspira-
cy theories will continue to un-

NewsHawks Reframing Issues Page 41

Issue 71, 11 March 2022

dermine possible support from a state of nature of all against all. between China and Taiwan, where Europe all the pillars of democracy gression theories can best explain
China. This will in turn affect any The absence of a powerful uni- Taiwan is a country on Chinese will fall. the events in Ukraine. The case
attempts by the West to rope in territory. with Ukraine and Russia is that,
the UNSC in this fight. Current- polar hegemony has led to the in- A sovereign state has an obliga- Russia did not want Nato to set up
ly China will use its veto power to vasion of Ukraine. The dangers of The big brother theory says the tion to wage a pre-emptive war on a military base in Ukraine. When
protect Russia, meaning military multipolar world order are begin- superpowers will never expose each reasonable suspicion that its sover- the Soviet Union was dissolved it
actions by Russia will never be part ning to manifest themselves; in the other. The question is not about eignty is under siege. The doctrine was agreed that there shall be no
of UNSC agenda. The UNSC is past the US would have unilateral- who is stronger between US and states that a state claims the right expansions eastwards.
the weakest body so far; China will ly ended the war. Russia alliances; it is a matter of to launch an offensive on a poten-
simply veto any attempt to impose geopolitics. The US won’t attack tial enemy before that enemy has Ukraine by allowing erstwhile
sanctions on Russia. This is a big Montevideo Convention on Russia as Russia would simply at- had the chance to carry out an at- historical and contemporary ene-
brother game and the UNSC sys- statehood invites the question: Is tack Poland knowing that it has tack (Lindsay:2004). mies of Russia to use it by setting
tem of having only five permanent Ukraine a state in the first place? nuclear. The nonmilitary deploy- military base in violation of the
members with veto power has been There is a conspiracy theory to ment is best military strategy by The just war theory only gives agreements made, sold its own
exposed. the effect that Ukraine has not the US government. In addition, exception on non-combatants sovereignty.
applied border registration since the move would not make any eco- such as women and children when
Perhaps the call to reform the 12/25/1991. nomic value globally, for example waging a war. The theory sets pa- Balancing security and sover-
UNSC shall be expedited as lead- US$5 billion a week moves from rameters upon which a war can eignty concerns is now the great-
ers like the late Zimbabwean pres- According to The Indian Ex- European Union to Russia through be fought and is justified. The US est hurdle for scholarship. Ukraine
ident Robert Mugabe repeatedly press, of 25 February 2022, Putin the SWIFT system mainly being had succeeded in destroying the proved to be a puppet when it was
demanded. The legality of the argues that modern Ukraine was payments for gas and oil. USSR under Mikhail Gorbachev pressurised by Russia’s enemies
sanctions imposed by individual entirely and fully created by Rus- and what is happening in Ukraine into contemplating joining Nato.
states without UNSC ratification sia more specifically the Bolshevik, Once they remove Russia from is merely reconfiguration of the
would be challenged. communist Russia (The Indian Ex- the SWIFT system, things will USSR and the shift of balance of While foreign policy is a sover-
press: 25 February 2022). The the- collapse. Africa will suffer as well power from the West to the East. eign choice, Russia did not want
The democratic peace theory ory quotes former UN Secretary because fuel and gas prices will rise Ukraine to join Nato for security
helps to explain the support by General of the UN Ban Ki-Moon and with a number of failed and According to Negroponte reasons. But the major question is
China to Russia on the invasion on 04/07/20014 that the UN has fragile states across Africa, popular (2019), Gorbachev is the central that does Russia have reasonable
of Ukraine. The theory argues that not registered its borders as a sov- revolts will redefine African poli- figure in explaining the collapse grounds that Ukraine wanted to
only democratic states do not go to ereign state. tics. of the Soviet Union and the end attack it, or it’s a matter of Russia
war with each other (Placek:2012). of the Cold War at the influence not being comfortable with Nato
Russia and China being authori- Ukraine needs consent of Russia Usually, fuel and gas triggers of military operation by US presi- being in the region for its action to
tarian regimes can easily make al- and from this perspective whatever price hikes in Africa. If countries dent Ronald Reagan. The principle qualify as pre-emptive strike?
liance or violate the international that is happening between Russia rush to make emotional decisions, of necessity was applied by Russia
law. The theory best explains the and Ukraine is simply an internal they are likely to face popular re- where Ukraine’s sovereignty, do- To be continued…
behaviour of the states. Hobbes in matter. According to the Budapest volts and in the era of social me- mestic and foreign interests posed * About the writer: Matthew
his work, the Leviathan, described Memorandum and other agree- dia, the world can be easily turned threat to Russia. Mare is a PhD graduand (Uni-
ments, Ukraine has no borders. upside down and in the case of versity of South Africa).
The same applies to the situation The defensive realism and ag-

AFRICA is the most unequal coun- South Africa remains most unequal
try in the world, having seen a wid- country: World Bank report finds
ening gap between the haves and Inequality of opportunity
have-nots since the end of apartheid South African President Cyril Ramaphosa. The report says at least one-fifth
in 1994, according to the World of overall inequality in Sacu is ex-
Bank. the bottom 60% hold only 7%. inflated by more than 10% between despite Sacu countries undertak- plained by inequality of opportu-
This compares with 50% and 13% 1995 and 2015 when the Gini coef- ing some of the most redistributive nity. In all countries in the union
The bank’s report, titled Inequal- respectively for member countries ficient for wages rose from 58 to 69.  spendings in the world, particularly except Namibia, the contribution of
ity in Southern Africa: An Assess- of the Organisation for Econom- on education and health, inequality inequality of opportunity to overall
ment of the Southern African Cus- ic Co-operation and Development “We know from this report that remains extremely high,” said World inequality has increased over the last
toms Union  (Sacu), released this (OECD). inherited circumstances over which Bank director for Sacu Marie Fran- two decades.
week, shows that the union is the an individual has little or no control coise Marie-Nelly.
world’s most unequal region with Further to this, wage inequality drive overall inequality, and that Location contributes more to in-
a consumption inequality over equality of opportunity than other
40% higher than the averages for individual circumstances, with Sacu
both  sub-Saharan Africa  and other countries’ history of spatial segrega-
upper-middle-income countries, tion still evident in geography and
the report found.  rural-urban divides.

South Africa is the largest coun- “In South Africa, the legacy of
try in Sacu – which also includes colonialism and apartheid, rooted
Botswana, Eswatini, Lesotho, and in racial and spatial segregation,
Namibia – and ranks first (or worst) continues to reinforce inequality of
among 164 countries worldwide outcomes,” the report found. 
on the World Bank’s global poverty
database. Botswana, Eswatini and It attributes 47.7% of overall in-
Namibia rate among the 15 most equality in consumption per capita
unequal countries, while Lesotho to inequality of opportunity “mostly
remains in the top 20, despite mak- because of race, which contributes
ing improvements in recent years.  around 38.9% to overall inequali-
ty”.
The report found that consump-
tion inequality per capita in the For Sacu as a whole, Marie-Nelly
Sacu region declined from 68.7 says: “Levelling the playing field at
during the 2000s to 66.5 in 2016. birth through more inclusive deliv-
Botswana and Lesotho recorded the ery of quality education, health, and
most declines while inequality in basic services is critical to reducing
Eswatini and South Africa remained inequality in the region.”
relatively stagnant.
The report suggests “equalising”
Consumption inequality is mea- opportunities by improving access
sured by the Gini coefficient: a sta- to health, education, and basic pub-
tistical distribution of welfare indi- lic services to poor and affluent peo-
cators commonly used to measure ple in rural and urban areas. 
inequality, such as income or con-
sumption. “Although Sacu has made prog-
ress in increasing access to basic
The World Bank report notes public services, the remaining gaps
South Africa is characterised by entrench inequality of opportunity,”
“high wealth inequality and eco- it states.
nomic polarisation (particularly
across labour markets)”. Wealth — Mail & Guardian.
inequality is higher than income
inequality, with estimates showing
that the top 10% of the population
hold 71% of its wealth, whereas

Page 42 Reframing Issues NewsHawks

ANDREI KOLESNIKOV Will Putin lose Russia? Issue 71, 11 March 2022

ON February 25, barely a day after ... His grip on power rests on fantasy and fear authorities had been killing civilians,
Russian tanks, troops, and planes be- women, and children in Donbas for
gan a full-scale assault on Ukraine, their increasingly worthless rubles elites have to go all the way with him Russian President Vladimir Putin. the previous eight years. But Russia’s
the Kremlin restricted access to Face- into hard currency and to buy dura- in Ukraine — or go to jail, since the demonstration of Putin’s growing iso- elites are not the only problem.
book. ble goods. And there have been sur- government has a dossier on them. lation. They sat and listened and me-
prising pockets of resistance in Mos- They are doomed to stay on this sub- chanically approved every word. Now Coming just two days after the in-
The following morning, Twitter cow and other cities. The question marine until the end. they will be accountable for events, vasion began, the surprisingly tough
was disabled for most Russian users. now facing the Russian government and they, too, will share the responsi- U.S. and European sanctions will
At the same time, in the Russian me- is how will the Russian population at Even those at the very top are bility for the blood of ordinary Ukrai- cause far-reaching trouble of their
dia itself, barely a mention of “inva- large perceive the war if it is long and trapped. It was already clear on 21 nians and Russian military men. own. The decision to suspend major
sion,” “attack,” or “war” can be found: bloody and the army needs even more February, when Putin held a televised Russian banks from SWIFT transac-
all of these words have been forbid- cannon fodder. security council meeting in which he The pattern has not been limited to tions and to enact blocking sanctions
den, in what amounts to a sweeping Stuck on the submarine announced that he would formally Putin’s security council. It is increas- on Russia’s central bank will hit or-
attempt to create an alternate reality In Putin’s Russia, even amid a disas- recognize the republics of Luhansk ingly clear that the entire Russian elite dinary Russians even more than the
for the Russian public. The Prosecu- trous war, the elites are overwhelm- and Donetsk. At the time, the full- is now joined in this war, and that fat cats in power. If the West restricts
tor-General’s Office has also enforced ingly dependent on the government. scale operation to liberate Ukraine they will bear responsibility alongside visas for Russian citizens — especially
a ban on the websites of the most In Russian, there is a proverb for this had not been launched. But the event their leader. Consider the country’s young people and students — it will
popular independent media outlets, situation: “Where do we go from the was clearly designed as a public hu- business leaders, whose well-being isolate them from the Western world.
Echo Moskvy radio and TV Rain, submarine?” For anyone with wealth miliation of several members of Pu- depends on the state: their advan-
for distributing “untrue information and power — in a Russia in which tin’s team. Sergei Naryshkin, the head tageous market position has almost And this is exactly what Putin
about the shelling of Ukrainian cit- it is often impossible to distinguish a of Russia’s foreign intelligence, was always depended on government wants, to leave Russians hostage to
ies and the killing of Ukrainian civil- high official from an oligarch — the rudely corrected by Putin when he connections and contracts. Financial his rule. He needs to isolate Russians
ians.” On 2 March, Echo Moskvy was country is now surrounded by deep mistakenly said that he supported the capital requires political power, and from the world, the way he is isolat-
taken off the air.  water and no one can leave the boat. incorporation of Donetsk and Lu- vice versa. Because of the sanctions, ed, so that they, too, cannot escape
The problem is that the elites, too, are gansk into Russia, rather than their they will be even more dependent on from his submarine. It will also be
As the Russian government has re- now under sanctions, and there is no- recognition. Dmitry Kozak, the spe- the state. And they are tied to Putin. more difficult for Putin’s domestic en-
lentlessly framed it, Russian forces are where for them to go, especially now cial envoy for the Minsk agreement, Otherwise, it’s bankruptcy or prison. emies to escape persecution if they are
merely engaged in a “special military that travel and banking in the West asked Putin if the president wanted an trapped in Russia. Even pro-Western
operation” to defend the people of the have been cut off. answer right now to the question of For the moment, unprecedented Russians can sense that they now be-
Donbas region and to “denazify and whether the DNR and LNR should financial pressure from the West and long to a rogue nation, although the
demilitarise Ukraine.” Russians need On 1 March, Putin issued a de- be annexed to Russia; Putin irritably the feeling that there is no place to go vast majority of them are not respon-
to understand, as Foreign Minister cree forbidding anyone from taking asked him not to hurry, showing him from the submarine have turned the sible for Putin starting this war.
Sergey Lavrov puts it, that their gov- foreign currency worth more than who was boss and who was deviating Politburo and the rest of the oligar- Theatre of the absurd
ernment is seeking to “liberate Ukrai- US$10 000 out of the country, ef- from the script. They had not learned chy and political class into hard-line One week into Russia’s merciless
nians from oppression”— even if that fectively preventing Russians from their lesson. In the meeting, Putin Putin supporters. They seem pre- assault on Ukraine, Russian propa-
means liberating them from the abil- trying to get their assets out. It may presented to the public his Politbu- pared — or feel forced — to follow ganda continues to insist on several
ity to freely determine their future, be increasingly difficult to survive ro, which now sat at a great distance wherever he leads, and their rhetoric narratives. First, the Kremlin main-
and killing many of them along the without being tied to Putin. The from him on the other side of the is becoming more and more shrill tains that what is happening is not
way. All state media and press secre- huge room; it looked like a physical and absurd. Many, like parliamenta- war but a “special military operation”
taries repeat the same mantra, literally ry speaker Vyacheslav Volodin, have in the Donbas. Second, it asserts that
repeating Russian President Vladimir been repeating the claim that Kyiv for eight years the Ukrainian author-
Putin: “drug addicts and neo-Nazis” ities have bullied the people of the
are in power in Ukraine; the battle is Luhansk and Donetsk republics, and
not with Ukrainians but with those that Russians have come to protect
who “seized power.” When news them.
broke about Sweden and Finland
possibly joining Nato, someone joked Finally, Putin claims that Kyiv was
on social media that now Nato must seized in a coup supported by the
decide who among them is a neo-Na- West, and that the Russian army is
zi and who is a drug addict. fighting not ordinary  Ukrainians,
who want to be united with Russia,
As Putin’s military becomes in- but extreme Ukrainian nationalists,
creasingly bogged down in a long, who are descendants of those who
violent war that has turned the world helped the Nazis during World War
overwhelmingly against him, many II.
Russians have yet to understand the
full consequences of what has hap- As for the destruction of Ukrainian
pened. A kind of martial law has cities? It is the neo-Nazis who are to
been imposed on the Russian elite. blame, because they are entrenched
And the broader public is being fed in residential areas and are using or-
a story that looks increasingly like a dinary Ukrainians as human shields.
fable from the dark days of the Sovi-
et Union. After all, liberating people In Putin’s Russia, the more absurd
from their legitimately elected gov- the arguments the better they seem
ernments is an old Stalinist technique to work. Such is the tension and de-
that was rolled out in 1939, when sire of the population not to believe
the Soviets entered Finland to lib- that it is Russia and the Russian army
erate Finnish people from their bad bringing death and destruction on
leaders and install a puppet govern- Ukraine that Russians are willing to
ment.  (The results of that war also accept the Kremlin's strained claims.
have a familiar echo today: it was as- If recent poll numbers are any indi-
sumed that the war would be quick cation, Putin began this war not only
and easy and that the Finnish work- with a stockpile of oil money but also
ing class would greet the Red Army as with a large reserve of support from
liberators. Instead, the Finnish work- ordinary Russians. 
ing class took up arms to defend their
homeland.) Though it has been little noted in
the West, from the beginning of Pu-
In the case of Ukraine, the Krem- tin’s anti-Ukrainian and anti-NATO
lin has been able to tightly control campaign last fall up until his inva-
the information available to Russians. sion last week, his approval rating
Until now, ordinary people have been among the Russian public slowly but
silent. But it is much harder to keep steadily increased, from 63% in No-
reality at bay in the twenty-first cen- vember to 71% in February — one
tury — and with a collapsed currency, of his highest ratings in recent years.
growing international isolation, and The latest poll was conducted by the
now, as the Kremlin has admitted, independent Levada Centre just days
hundreds of actual Russian casualties, before the invasion began.
it will be difficult for the government
to keep telling its story. Although Until now, the war has been sup-
there is as yet no widespread panic, ported, or at least not actively op-
people have been racing to convert posed, by the many Russians who
believe Putin’s justifications for it —
and they probably represent a similar
majority to those who approve of the
president.  ...To next page

NewsHawks Reframing Issues Page 43

Issue 71, 11 March 2022

Crisis of women's unpaid work

ELIZABETH NANZIRI women still carry out domestic re- South Africa, a study on pregnant obstetric care among rural women only 37% of global GDP, which ex-
sponsibilities regardless of employ- women showed that daily chores in Bangladeshi.  cludes from the national accounts.
WOMEN perform 2.6 times more ment status. A time-use survey in such as fetching water and field- But a study in Guatemala estimated
unpaid care and domestic work Mozambique in 2013 revealed that, work decreased the use of prenatal The economic implications are the value of household and caregiv-
than men, according to a  UN although women’s income-generat- healthcare services. Women have numerous. Time-poverty prevents ing work to be 30% of the nation’s
Women report. ing work was similar to men’s, care- also reported delays in seeking HIV women from fully participating in GDP in 2000, yet it remains unrec-
giving and housework were almost treatment because of caregiver re- the monetised economy, impedes ognised.
As the world focuses its attention entirely the women’s responsibility. sponsibilities.  girls and women from complet-
on the effect of climate change on ing school, getting paid work and Making finance accessible  to
women, under the theme of “Gen- In rural Pakistan, 37% of em- Time-poverty can also lead to working as many hours for pay as women provides a window of hope,
der equality today for a sustainable ployed women were found to be mental stress in women and girls, men.  Women are thus forced into to mitigate the effects of time-pov-
tomorrow”, one must reflect on one time-poor compared to 19% of because they often make poor food lower-paying jobs, leading to lim- erty by improving their quality of
of the prerequisites for sustainable employed men. These issues are not choices and have less time to exer- ited economic productivity and life. Girl children are more likely
livelihood — economic empower- only unique in developing coun- cise. This adds to the already dis- growth of national economies. Girls to complete school to their ability,
ment.  tries. In the US, working mothers proportionate access to healthcare and women are also more likely to women are more likely to get better
spent an average of 14.2 hours a by gender that is exacerbated by postpone marriage and child-bear- healthcare, and make better nutri-
As the world celebrated Interna- week on housework compared to the lack of finance. Without money ing to minimise domestic demands.  tion choices, all of which benefit
tional Women’s Day on 8 March, working fathers’ 8.6 hours. When of their own, women’s inability to economies overall. Moreover, access
women continue to face inequal- all types of work (paid and unpaid) afford health care services or med- The World Bank estimated that to financial services helps women
ities that rob them of economic are considered, women work longer icines is limited. For instance, not in 2018, among people aged 25 to make better financial decisions such
opportunities, ultimately limiting days than men on average.  being involved in income-generat- 34 in peak productive and repro- as saving.  
their voices in sustainability con- ing activities was associated with in- ductive years, 122 women were liv-
versations. Time-poverty — a lack There are health implications for creased delay in seeking emergency ing in poverty for every 100 men. There is evidence that increas-
of discretionary time brought about this inequity of time-poverty. In Women are credited with producing ing the share of income earned by
by inequitable gender-based allo- women is correlated with expen-
cation of unpaid labour — is one diture in favour of future genera-
of the major sources of econom- tions. This altruistic motive can be
ic deprivation among women and supported by savings mechanisms
girls. Restrictive gender norms limit and policies that encourage women
women’s control over resources such to save. Thus far, women remained
as their own time, curtailing the excluded from financial access and
achievement of their full potential, the financial sector in general, leav-
which would otherwise benefit their ing them to participate in informal
families, communities and nations. mechanisms to access and manage
their finances. The situation is dire
Girls between the ages of 10 and in rural areas where formal financial
14 spend 50% more time helping institutions do not operate. 
around the house than boys of the
same age. By adulthood, women in Tax policies can be a starting
developed nations spend an aver- point for governments to integrate
age of two times as many hours as household responsibilities into the
men on unpaid work a day, and 3.4 national accounts. Although devel-
times in developing nations. This oped countries do consider expen-
work involves cooking, cleaning diture on children and older people
and caring for children and older when submitting one’s personal
people. tax returns, such provisions do not
exist in the tax structures of many
In rural areas, the disparity is developing and emerging economy
even greater. For instance, in rural countries.
Guinea, women devote an average
of 25.6 hours a week to domestic — Mail & Guardian.
work compared to men’s 7.2 hours,
while in Guatemala, women spend *About the writer: Dr Lwanga
3.3 hours a day doing unpaid work Elizabeth Nanziri  is a senior lec-
compared to men’s 0.9 hours. turer in development finance and
director of the African Centre for
The women who join the work- Development Finance at the Uni-
force end up with a “double-load”, versity of Stellenbosch in South
which leaves them with little or no Africa.
discretionary time. This is because

From previous page Will Putin lose Russia? elites, but they are not showing it. It
If Putin somehow finds a way to ment in doing so. they are keeping their heads down. and the shock of war. Ukrainians will is possible that at least some prom-
keep the war short and to come out It’s not yet possible to measure the Losing Ukraine resist the Russian occupation with inent figures in Russia will demand
successful — though it is difficult to What are Putin’s goals? Russians everything they have, and they will real negotiations with the Ukraini-
know how to define success at this breadth of Russian discontent with cannot help but wonder about the never accept staged elections to put ans: is no coincidence that the au-
point — public support may endure the invasion. It is true, as the Western irrationality of his behavior and the in power a pro-Moscow president. thorities want to involve the oligarch
for some time. But if, as now seems media have been quick to pick up on, weak rationale he has offered for the Roman Abramovich in a possible ne-
increasingly likely, the war turns out that there have been many petitions invasion. Of course, he does not see If Putin takes Ukraine, he will lose gotiating process.
to be long, bloody, and destructive, against the war from various constit- Ukraine as an independent state. It Ukraine. More accurately, he has al-
even Russians who are cut off from uencies. It is also true that several is merely a Russian protectorate, part ready lost it. Meanwhile, he has made But the important issue will be
reliable information may begin to thousand people — in multiple parts of the historic Russian sphere of in- Russia and the Russian public nearly time. For now, public opinion re-
wonder about the effectiveness of of Russia but especially in Moscow fluence — “historical Russia,” in Pu- as isolated as he is. Will he now lose mains sanguine and few cracks in the
the special military operation in the and St. Petersburg — have taken to tin’s words. Russia, too, as a result of this war, or façade have emerged. But that may
Donbas. Not to mention the possi- the streets to protest the war despite will he bring it down with him? change as the isolated Russian econ-
bly devastating consequences of the the risk of immediate arrest. And it is But if he does try to take control omy begins to fall apart before our
ruble having slid to less than one cent true that some prominent celebrities, of Kyiv, he will be guaranteed to have During the initial phase of Pu- eyes, along with wages, jobs, and
on the dollar. And without interna- without naming Putin, have spoken turned against him a population that tin’s campaign, his army has been access to essential goods and medi-
tional inputs and money flows, the out against the war. did not like the Russian government unable to break Ukraine’s resistance. cines. A month or two into the war,
country is unlikely to be able to use to begin with, and who now will be This was unexpected — the war was things may look quite different.
import substitution — ramping up But this is not yet an antiwar contending with large numbers of supposed to be short. Putin is irri-
its domestic production — to com- movement. So far, there are few signs victims, countrywide destruction, tated and has already made threats — Foreign Affairs.
pensate for lost trade. Of course, the that ordinary Russians are taking about nuclear weapons. Perhaps this
West will again be blamed, and many part. They may not like the war but has frightened some of the Russian *About the writer: Andrei Kole-
will continue to support the govern- snikov is a senior fellow at the Car-
negie Endowment for International
Peace.

Page 44 Reframing Issues NewsHawks

Issue 71, 11 March 2022

BANK OF ZI AMOUNT ALLOTTED SHARE AMOUNT ALLOTTED SHARE
(%) (US$) (%)
RESERVE MBABWE NO. BIDDER (US$) NO. BIDDER
0.3% 200,360 0.2%
53 INDUSTRIAL CHEMICAL IMPORTERS 315,450 0.3% 187 ASTRA CHEMICALS PVT LTD 200,233 0.2%
0.3% 188 PREMIER AUTO SERVICES P/L 200,000 0.2%
54 AGRICON EQUIPMENT (PVT) LTD 313,920 0.3% 189 REDIMERE INVESTMENTS 200,000 0.2%
0.3% 190 SURFACE WILMAR (PVT) LTD 200,000 0.2%
55 UNIFUR (PVT) LTD 308,846 0.3% 191 SUN TO MOON INVESTMENTS 200,000 0.2%
0.3% 192 MEGA MARKET MILLING PVT LTD 200,000 0.2%
56 RAWPLAST INVESTMENTS (PVT) LIMITED 305,886 0.3% 193 GRAIN MARKETING BOARD 200,000 0.2%
0.3% 194 INGWEBU BREWERIES 200,000 0.2%
57 GRATON INVESTMENTS 305,000 0.2% 195 KARIBA HYDRO POWER COMPANY PVT LTD 200,000 0.2%
0.2% 196 GOOD PALM INVESTMENTS 200,000 0.2%
58 ZIMBABWE GRAIN BAG (PRIVATE) LIMITED 301,061 0.2% 197 J B CAMPBELL (PVT) LTD 200,000 0.2%
0.2% 198 FERT-MAP 200,000 0.2%
59 KEFALOS CHEESE PL 300,712 0.2% 199 BANK OF NEW YORK 200,000 0.2%
0.2% 200 AFRICAN BANKING CORPORATION 200,000 0.2%
PRESS STATEMENT 60 CAPRI APPLIANCES PVT LTD 300,639 0.2% 201 EARLGREY MOTORS P/L 200,000 0.2%
0.2% 202 EXCLUSIVE BRANDS 200,000 0.2%
FOREIGN EXCHANGE AUCTION ALLOTMENTS FOR FEBRUARY 2022 AND FOREIGN 61 FEGMA INVESTMENTS 300,471 0.2% 203 CHILLIPOT TRADING PVT LTD 199,789 0.2%
EXCHANGE PAYMENTS FOR THE PERIOD JANUARY TO FEBRUARY 2022 0.2% 204 VANEENE INVESTMENTS 199,253 0.2%
In line with the Bank’s commitment to regularly keep the public informed of 62 NATPAK PVT LTD 300,356 0.2% 205 TSL LIMITED 195,419 0.2%
developments in the foreign exchange market, the Bank hereby publishes the 0.2% 206 FEEDMIX (PVT) LTD 195,000 0.2%
following: 63 PHARMACEUTICALS & CHEMICAL DISTRIBUTORS 300,305 0.2% 207 MUTARE MART & EXCHANGE 193,005 0.2%
1. A list of the 823 bene ciaries of US$120 143 752 allotted under the Main 0.2% 208 HWANGE COAL GASIFICATION COMPANY 191,428 0.2%
64 AFRICA STEEL PVT LTD 300,259 0.2% 209 ANDALUSIA INVESTMENTS (PVT) LTD TA ZIMBORDERS 191,190 0.2%
Foreign Exchange Auction during the month of February 2022; 0.2% 210 MONTERO TRADING INTERNATIONAL (PVT) LIMITED 190,499 0.2%
2. A list of the 1 897 bene ciaries of US$28 565 721 allotted under the SMEs 65 AGRIBANK 300,000 0.2% 211 CERATREX ENTERPRISES 190,000 0.2%
0.2% 212 TUFF INDUSTRIALS 189,094 0.2%
Foreign Exchange Auction during the month of February 2022; and 66 PUNGWE B POWER STATION PVT LTD 299,812 0.2% 213 CP CHEMICALS (PVT) LTD 187,285 0.2%
3. A schedule showing the total foreign exchange payments for the 2 months, 0.2% 214 D.C.COETZEE AND SONS P/L 187,000 0.2%
67 OLD MUTUAL LIFE ASSURANCE COMPANY 299,564 0.2% 215 ECOVUS ENTERPRISES 186,949 0.2%
by source, amounting to US$1 160 872 112 broken down as follows: - 0.2% 216 AXIS SOLUTIONS P/L 186,495 0.2%
(i) foreign currency accounts (US$925 999 087), 68 INNSCOR DISTRIBUTION 299,232 0.2% 217 ACCESS BRANDS PVT LTD 186,092 0.2%
(ii) the Foreign Exchange Auction Allotments (US$218 351 521); and 0.2% 218 GANTHORPE ENTERPRISES 183,325 0.2%
(iii) the interbank market (US$16 521 504). 69 PROBRANDS (PVT) LTD 299,063 0.2% 219 KPMG 181,190 0.2%
The bulk of the funds allotted at the auction during the month of February 2022 (64%) 0.2% 220 COOL CYCLONE INVESTMENTS (PVT) LTD 180,998 0.2%
went towards payment for raw materials (US$54 354 527) and machinery and 70 CROCO HOLDINGS 293,219 0.2% 221 EFE COMMODITIES (PVT) LTD 180,983 0.2%
equipment (US$39 429 531), with the remaining 36% of the total allotments going 0.2% 222 ZHONG JIAN INVESTMENTS 180,010 0.1%
towards payment for consumables (US$17 217 323), services (US$11 552 570), retail 71 BLUESKY FARMS (PVT) LTD 290,945 0.2% 223 NACHELEON PVT LTD 180,000 0.1%
and distribution (US$15 366 912), pharmaceuticals and chemicals (US$6 743 499), 0.2% 224 ROYAL GRAIN HOLDINGS 180,000 0.1%
packaging (US$3 840 155) and fuel, electricity and gas (US$204 956), as shown in the 72 GEA ZIMBABWE 285,000 0.2% 225 ZIMBERLY INVESTMENTS 180,000 0.1%
tables below. 0.2% 226 ONE STOP SOLAR PVT LTD 180,000 0.1%
The total foreign exchange auction allotments for January and February 2022 is 73 PAZA BUSTER COMMODITY BROKERS 284,720 0.2% 227 COOPER ZIMBABWE (1992) 180,000 0.1%
US$218 351 521, bringing the cumulative allotments since inception of the Foreign 0.2% 228 DISTRIBUTION GROUP AFRICA 179,618 0.1%
Exchange Auction System to US$2 814 732 334. 74 AGRICO SOUTHERN AFRICA PVT LTD 284,475 0.2% 229 MULLER BROTHERS (PVT) LTD 179,000 0.1%
0.2% 230 VOGEL STEEL PVT LTD 178,747 0.1%
75 GRUFFULO INVESTMENTS PL 281,790 0.2% 231 MILLPAL (PVT) LTD T/A KEMICO AGENCY 178,138 0.1%
0.2% 232 HANAWA SUPER FOODS P/L 177,530 0.1%
76 BRITISH AMERICAN TOBACCO ZIMBABWE HOLDINGS LIMITED 281,789 0.2% 233 ROSEWOOD FARMING 177,474 0.1%
0.2% 234 CHEMS AFRICA 176,583 0.1%
77 BREASTPLATE SERVICES P/L T/A NEMCHEM 281,781 0.2% 235 BOLTGAS INTERATIONAL (PVT) LTD 176,271 0.1%
0.2% 236 SPARKLE BEVERAGES 175,945 0.1%
78 INTERTOLL ZIMBABWE PVT LTD 281,298 0.2% 237 PERRABELUM INVESTMENTS (PVT) LTD 175,320 0.1%
0.2% 238 EQUITY DISTRIBUTION SERVICES (PVT) LTD 175,038 0.1%
79 ALL COMMODITY EXPORTS P\L 280,400 0.2% 239 MEDIRITE HEALTHCARE PVT LTD 175,000 0.1%
0.2% 240 MEGA MARKET (PVT) LTD 174,263 0.1%
80 STEWARD BANK LIMITED 280,000 0.2% 241 DULY HOLDINGS PVT LTD 172,715 0.1%
0.2% 242 EUROPE AFRICA SEED INITIATIVE (PVT) LTD 171,661 0.1%
81 TINEO ENTERPRISES 275,604 0.2% 243 KDV BEDDING P/L 167,820 0.1%
0.2% 244 X SEA IMPORTS 165,571 0.1%
82 MANICA BOARDS AND DOORS (PVT) LTD 275,515 0.2% 245 ROLVEX INVESTMENTS PRIVATE LIMITED 164,566 0.1%
0.2% 246 PULSE MEDICAL CARE 163,200 0.1%
83 MEDITERRANEAN SHIPPING COMPANY S.A.(PRIVATE) LIMITED 274,459 0.2% 247 BUFFALO STEEL PVT LTD 162,970 0.1%
0.2% 248 JASBRO FOODS (PRIVATE) LIMITED 162,249 0.1%
84 LABEL IT PVT LTD 271,743 0.2% 249 ZVEMVURA TRADING 162,224 0.1%
0.2% 250 LEOPACK MARKETING 162,000 0.1%
85 HIGH PERFORMANCE LUBES 270,920 0.2% 251 INVICTUS FITNESS CENTRE 161,855 0.1%
0.2% 252 MASINIRE INCORPORATED (PVT) LTD 161,590 0.1%
86 MAFURO FARMING (PVT) LIMITED 270,148 0.2% 253 HAGGIE RAND ZIMBABWE P/L 161,313 0.1%
0.2% 254 FROLGATE TECHNOLOGY PVT LTD 161,082 0.1%
87 SADOR TRADING P/L 265,000 0.2% 255 CORDILLERA (PVT) LTD 160,987 0.1%
0.2% 256 NOLUNTDG INVESTMENTS 160,966 0.1%
88 HERITAGE TOBACCO HANDLERS (PVT) LTD 264,735 0.2% 257 CHASDIEL INVESTMENTS (PVT) LTD 160,595 0.1%
0.2% 258 LIGHTHOUSE PRINT 160,500 0.1%
89 CAPITAL LASER ENGINEERING PVT LTD 260,989 0.2% 259 NDAKA HOLDINGS PVT LTD 160,460 0.1%
0.2% 260 AUTOBAHN INVESTMENTS 160,392 0.1%
90 COLOURMAXIMAL INVESTMENTS 260,700 0.2% 261 SUBBMIX ENTERPRISES 160,180 0.1%
0.2% 262 CRANNY MINING RESOURCES 160,000 0.1%
91 MAJOR MEATS BUTCHERY PRIVATE LIMITED 260,555 0.2% 263 PALE WHITE (PVT) LTD 159,747 0.1%
0.2% 264 AFRITRACTORS ZIMBABWE 159,032 0.1%
92 AGRI VALUE CHAIN ZIMBABWE (PVT) LTD 260,548 0.2% 265 CHOICE BRANDS 158,637 0.1%
0.2% 266 MUTACOMM PVT LTD 158,320 0.1%
93 RUNDALE INVESTMENTS T/A P & R HYDRAULICS 258,194 0.2% 267 HYVELD SEED COMPANY 158,198 0.1%
0.2% 268 BAKERS INN LOGISTICS (PVT) LTD 157,673 0.1%
94 CHINYA INVESTMENTS (PVT) LTD 255,659 0.2% 269 AGRICAIR PVT LTD 157,146 0.1%
0.2% 270 PALMGATE TRADING 156,800 0.1%
95 POWERFUL GRAND INDUSTRIES 255,443 0.2% 271 CHROMBURG ENTERPRISES 155,921 0.1%
0.2% 272 BLACKBOX MINING (PRIVATE) LIMITED 155,750 0.1%
96 PACKAGERS HUB PVT LTD 255,000 0.2% 273 NATIONAL PROPSHAFT CENTRE (PVT) LTD 155,720 0.1%
0.2% 274 SUNNY YI FENG TILES ZIMBABWE PVT LTD 155,666 0.1%
John P Mangudya 97 NATIONAL FOODS PROPERTIES LTD 255,000 0.2% 275 THE COLD CHAIN PVT LTD 155,491 0.1%
Governor 0.2% 276 GRAINCO PRIVATE LIMITED 155,386 0.1%
8 March 2022 98 DEFINITIVE CREATIONS 255,000 0.2% 277 DISCOUNT STEEL ZIMBABWE 155,365 0.1%
0.2% 278 EUROSTAR ELECTRIC CO PVT LTD 155,321 0.1%
99 PAPYRUS PAPER AND STATIONERY (PVT) LTD 251,895 0.2% 279 CITY GLASS & PAINT SUPPLIERS PVT LTD 155,000 0.1%
0.2% 280 MURRAY RESOURCES (PVT) LTD 154,801 0.1%
100 UNICARE (1989) PVT LTD 251,815 0.2% 281 FLYTSERV ENTERPRISES 153,387 0.1%
0.2% 282 ANWA AND RASHID T/A JANIS FABRICS 153,310 0.1%
FOREIGN PAYMENTS FOR THE PERIOD 01 JAN - 28 FEB 2022 BY SOURCE OF FUNDING (USD) 101 R DAVIS & CO 251,120 0.2% 283 KARLBECK INVESTMENTS 153,250 0.1%
0.2% 284 PAPER CIRCLE 153,175 0.1%
102 PARAMOUNT EXPORTS (PVT) LTD 250,950 0.2% 285 CARTPEX INVESTMENTS 152,475 0.1%
0.2% 286 SOLUTION CENTRE (PVT) LTD 152,397 0.1%
Month Foreign Currency Interbank Market Foreign Currency Auc�on Total 103 OMNIA FERTILISER ZIMBABWE (PVT) LTD 250,684 0.2% 287 EDGEWAY MOTORS 152,000 0.1%
Account(FCA) Payments Allotments 0.2% 288 DENDYDESH 151,810 0.1%
Jan-22 10,634,482 69,642,048 734,877,495 104 TELONE PRIVATE LIMITED 250,519 0.2% 289 COMPROP (PVT) LTD 151,681 0.1%
Feb-22 654,600,965 5,887,021 425,994,617 0.2% 290 UTANDE INTERNET INVESTMENTS 151,557 0.1%
Total 271,398,123 16,521,504 148,709,473 1,160,872,112 105 CROCO PROPERTIES PVT LTD 249,343 0.2% 291 FUSER TECHNOLOGIES 151,478 0.1%
Propor�on 925,999,087 1.42% 0.2% 292 AGRO ACRES INVESTMENTS 151,318 0.1%
218,351,521 100% 106 TYREZIM PVT LTD 248,656 0.2% 293 COMOX TRADING PVT LTD 151,138 0.1%
79.77% 18.81% 0.2% 294 CLIPSOAK TRADING (PRIVATE) LIMITED 151,097 0.1%
107 SCB MAURITIUS - THE IMARA AFRICA SERIES LTD - ZIMBABWE 247,626 0.2% 295 ELEGANT EDGE P/L 151,000 0.1%
0.2% 296 MARK HALL 150,996 0.1%
108 NATIONAL SPICEWORKS P/L 246,383 0.2% 297 WESTBILL TRADING T/A STEEL WAREHOUSE 150,981 0.1%
0.2% 298 TOCHIMHANYA COMMODITIES (PVT) LTD 150,972 0.1%
FOREIGN EXCHANGE AUCTION SYSTEM ALLOTMENTS BY PURPOSE FOR FEBRUARY 2022 (USD) 109 RUMNAT INVESTMENTS PVT LTD 245,000 0.2% 299 PROCUREMART TRADING (PVT) LTD 150,937 0.1%
0.2% 300 AGHSHALOM INVESTMENTS 150,910 0.1%
110 ALPHA PACKAGING (PVT) LTD 241,560 0.2% 301 PLANAS STATIONERY PVT LTD 150,843 0.1%
0.2% 302 POSE POSE TRADING (PVT) LTD 150,780 0.1%
Purpose Main Auc�on SME Auc�on Total Share (%) 111 PARAGON PRINTING & PACKAGING (PVT) LTD 240,983 0.2% 303 RARDON INVESTMENTS (PVT) LTD 150,696 0.1%
0.2% 304 ERTHEAX INVESTMENTS PVT LTD 150,675 0.1%
Raw Materials 49,103,183 5,251,345 54,354,527 37% 112 STEEL BRANDS (PVT) LTD 240,597 0.2% 305 A.LUCKY BRAND (PRIVATE) LIMITED 150,674 0.1%
Machinery and Equipment 29,052,059 10,377,471 39,429,531 27% 0.2% 306 MUKUNDI INTERNATIONAL 150,670 0.1%
Consumables (Incl. Spares, Tyres, Electricals) 12,332,932 4,884,391 17,217,323 12% 113 NOVAFEED PVT LTD 240,000 0.2% 307 NATAFLEX PRODUCE PBC 150,653 0.1%
Retail and Distribu�on (Incl. Food, Beverages, etc) 13,067,548 2,299,363 15,366,912 10% 0.2% 308 BLACK BOX INVESTMENTS (PVT) LTD 150,500 0.1%
Services (Loans, Dividends and Disinvestments) 7,826,465 3,726,105 11,552,570 8% 114 GAPBAN INVESTMENTS PVT LTD 239,641 0.2% 309 GUSH INVESTMENTS (PVT) LTD 150,312 0.1%
Pharmaceu�cals and Chemicals 5,521,614 1,221,885 6,743,499 5% 0.2% 310 CHEMCORE TRADING 150,157 0.1%
Paper and Packaging 3,126,138 3,840,155 3% 115 AYESTOCK INVESTMENTS 237,348 0.2% 311 ARAVAS PHARMACEUTICALS (PVT) LTD 150,080 0.1%
Fuel, Electricity and Gas 714,017 0.1% 0.2% 312 R. YOGI PLASTICS (PVT) LTD 150,000 0.1%
Total Allotments - February 2022 113,813 91,143 204,956 100% 116 CARACAL INVESTMENTS 236,996 0.2% 313 SCANLINK PRIVATE LIMITED 150,000 0.1%
Total Allotments - January 2022 120,143,752 28,565,721 148,709,473 0.2% 314 WITENAGE INVESTMENTS 150,000 0.1%
Total Allotments - 2022 58,301,775 11,340,273 69,642,048 117 EDURATE INVESTMENTS 235,582 0.2% 315 THE BUFFALO BREWING COMPANY PRIVATE LIMITED 150,000 0.1%
178,445,527 39,905,994 218,351,521 0.2% 316 ZIMBABWE ON LINE PVT LTD 150,000 0.1%
118 DULUX PRIVATE LIMITED 235,420 0.2% 317 IRVINES ZIMBABWE 150,000 0.1%
0.2% 318 MADYA AGRIC PVT LTD 150,000 0.1%
119 WONDERFULL GROUP (PVT) LTD 235,284 0.2% 319 HITESH NATWARIAL ANADKAT 150,000 0.1%
320 JEAP AUDIO VISUALS P/L
120 BROWN ENGINEERING P/L 234,660

121 ZHONG AN ENTERPRISES 233,163

122 PRESSUPY INVESTMENTS 231,760

123 GESTURE AUTOMOTIVE PAINTS PVT LTD 231,754

124 CURE CHEM OVERSEAS PVT LTD 231,705

125 PARKER PAINTS PVT LTD 231,557

Total Allotments - (2020 - 2021) 2,238,180,267 358,200,546 2,596,380,813 126 CHILMUND INVESTMENTS (PVT) LTD 230,853
Grand Total (2020 - 2022) 2,416,625,793 398,106,540 2,814,732,334
127 AGRIVI FARM PRODUCE PVT LTD 230,512

128 HAANSBRO (PVT) LTD 230,417

129 STEELMAKERS ZIMBABWE (PVT) LTD 230,131

FOREIGN EXCHANGE AUCTION SYSTEM ALLOTMENTS UNDER THE 130 AFGRI ZIMBABWE 230,038
MAIN AUCTION FOR FEBRUARY 2022
131 VELD-BELT INVESTMENTS 230,000

132 EASY FETCH ENTERPRISES 230,000

133 OVACODA INVESTMENTS 228,826

AMOUNT ALLOTTED SHARE 134 RADAR INVESTMENTS T/A MACDONALD BRICKS 226,000
(US$) (%)
NO. BIDDER 951,226 0.8% 135 UNTU CAPITAL 225,893
1 REINFORCED STEEL CONTRACTORS ZIMBABWE (PVT) LTD 857,152 0.7%
2 MOUNT MERU MILLERS ZIMBABWE 851,259 0.7% 136 LEGEND LOUNGE PVT LTD 225,500
3 UNITED REFINERIES LIMITED 851,181 0.7%
4 UNILEVER ZIMBABWE (PVT) LTD 800,974 0.7% 137 MODERNTOUCH INVESTMENTS 222,929
5 BLUE RIBBON FOODS 800,884 0.7%
6 DENDAIRY P/L 700,000 0.6% 138 BITUMEN BROTHERS 222,640
7 CANGROW TRADING 650,783 0.5%
8 WINDMILL PRIVATE LIMITED 650,616 0.5% 139 LYBRAND 221,981
9 VARUN BEVERAGES 650,616 0.5%
10 FARMEC 650,420 0.5% 140 PROPAK HESSIAN 220,886
11 BARZEM ENTERPRISES P/L 650,326 0.5%
12 PURE OIL INDUSTRIES (PVT) LTD 600,798 0.5% 141 BERYL TWENTY FOUR 220,400
13 MEGAPAK ZIMBABWE P/L 600,480 0.5%
14 DAIRIBORD ZIMBABWE PVT LTD 501,161 0.4% 142 MINING REAGENTS 220,062
15 CAFCA LIMITED 500,219 0.4%
16 SCHWEPPES ZIMBABWE LIMITED 500,000 0.4% 143 WESTVILLE INVESTMENTS 220,000
17 STAR AFRICA OPERATIONS 494,053 0.4%
18 SABLE CHEMICALS INDUSTRIES 478,709 0.4% 144 PHIREBROOK INVESTMENTS 217,110
19 ECOCASH PRIVATE LIMITED 450,647 0.4%
20 MAKA RESOURCES 450,557 0.4% 145 MUNELLA ENTERPIRSES (PVT) LTD 215,760
21 THE ZIMBABWE BATA SHOE COMPANY (PVT) LTD 448,579 0.4%
22 PRODAIRY (PVT) LTD 431,057 0.4% 146 NATIONAL FOODS LOGISTICS (PVT) LTD 215,693
23 ETG INPUTS ZIMBABWE 411,053 0.3%
24 GLENARA ESTATES PVT LTD 402,090 0.3% 147 KINGFAV INCORPORATED (PVT) LIMITED 215,000
25 UNIVERN ENTERPRISES PVT LTD T/A SOUTHERN REGION 400,774 0.3%
26 TREGER PRODUCTS 400,695 0.3% 148 ZIMBABWE NEWSPAPERS 1980 PVT LTD T/A NATPRINT 214,528
27 SATEWAVE TECHNOLOGIES PVT LTD 400,578 0.3%
28 PROPLASTICS LIMITED 400,279 0.3% 149 MOSSFIELD AGRI PRIVATE LIMITED 213,000
29 NATIONAL FOODS 400,000 0.3%
30 JP MORGAN 391,631 0.3% 150 SAIWIT HOLDINGS (PVT) LTD 212,433
31 V & S HEALTHCARE PVT LTD 390,320 0.3%
32 AMTEC PVT LTD 388,145 0.3% 151 LOTUS STATIONERY MANUFACTURERS 211,884
33 VARICHEM PHARMACEUTICALS 383,591 0.3%
34 CHINA NANCHANG ENGINEERING 381,279 0.3% 152 ENTERPRISE PARTNERS PVT LTD 210,800
35 ACOL CHEMICAL HOLDINGS (PVT) LTD 371,261 0.3%
36 REDAN BULK (PVT) LTD 362,284 0.3% 153 NEHANDA STORES P/L 210,000
37 FASTJET ZIMBABWE LTD 362,142 0.3%
38 CROSS COUNTRY CONTAINERS 356,474 0.3% 154 NEONLITE ENTERPRISES 210,000
39 KUKURA SEED HOUSE (PVT) LTD 355,939 0.3%
40 VICTORIA FOODS PVT LTD 354,709 0.3% 155 MIMSEM INVESTMENTS 210,000
41 ASTRA PAINTS 354,034 0.3%
42 PARROGATE ZIMBABWE 350,000 0.3% 156 ATOM RESOURCES P/L 210,000
43 POLYPACKAGING PVT LTD 350,000 0.3%
44 HUNYANI PAPER & PACKAGING (1997) (PVT) LTD 349,241 0.3% 157 TRAYLISH INVESTMENTS 209,990
45 CAIRNS FOODS LIMITED 348,790 0.3%
46 HONDE HYDRO POWER CONSOLIDATED 344,668 0.3% 158 MATTER MINING (PVT) LTD 209,450
47 WILLOWVALE MOTOR INDUSTRIES 336,454 0.3%
48 ESSAR TUBES AND TOWERS 335,000 0.3% 159 TSAPO COMMERCIAL (PVT) LTD 208,900
49 ZIMCOLOR INVESTMENTS 330,427 0.3%
50 QUTON SEED COMPANY PVT LTD 330,000 0.3% 160 MUTURI ENTERPRISES (PVT) LTD 208,352
51 CZIM CORRUGATED BOX SOLUTION P/L 325,232 0.3%
52 THE COPIER PARTS COMPANY 161 MOONBROCH HOLDINGS P/L 207,000

162 NEW AVAKASH INTERNATIONAL (PVT) LTD 206,359

163 ONE HUNDRED ONE PLASTICS (PVT) LTD 205,942

164 VORTIGEN INVESTMENTS 205,875

165 TOOLPOST ENTERPRISES PVT LTD 205,000

166 CYCLOTRAD INVESTMENTS 205,000

167 CRAMESHORE INVESTMENTS 205,000

168 TRANSOCEANIC CORPORATION PVT LTD 204,899

169 MAKATA BANANAS P/L 204,741

170 CLASSIC TOBACCO COMPANY (PVT) LTD 204,524

171 GRANVISTA INVESTMENTS 203,470

172 NEON SHADES PVT LTD 203,333

173 CAPLAW ENTERPRISES PVT LTD 203,037

174 COALZIM MARKERTING PVT LTD 202,803

175 CRASTER INTERNATIONAL PVT LTD 201,904

176 TECHSOL SYSTEMS PVT LTD 201,551

177 POMONA HARDWARE SUPPLIES 201,519

178 PROFESSIONAL SOLAR (PVT) LTD 201,330

179 TRISTRENCE SUPPLIERS (PVT) LTD T/A STAR DISTRIBUTORS 201,194

180 CUT RAG PROCESSORS PVT LTD 201,142

181 TADAKARA BRAND SOLUTIONS 201,000

182 ALLIANCE MEDIA 200,722

183 AGRIVI OPEN MINING P/L 200,646

184 STEPOVICH PVT LTD T/A DPACK 200,600

185 SUBSTANTIA INVESTMENTS PVT LTD 200,500

186 MEECKWAVE ENTERPRISES P/L 200,370

NewsHawks Reframing Issues Page 45

Issue 71, 11 March 2022

AMOUNT ALLOTTED SHARE AMOUNT ALLOTTED SHARE NO. BIDDER AMOUNT ALLOTTED SHARE
(%) (US$) (%) (US$) (%)
NO. BIDDER (US$) 0.1% NO. BIDDER 100,586 0.1% 587 ZIMBABWE SPINNERS AND WEAVERS
0.1% 454 SEALACHEM (PVT) LTD 100,578 0.1% 588 SIMRAC TRADING 62,805 0.1%
321 MANA BRANDS (PVT) LTD 150,000 0.1% 455 OLOMIDE TRADING (PVT) LTD 100,518 0.1% 589 HOME AND KITCHENWARE 62,510 0.1%
0.1% 456 AITOCS MOTORS (PVT) LTD 100,429 0.1% 590 EASYCOUNT INVESTMENTS 62,300 0.1%
322 LANWOOD TRADING (PVT) LTD 150,000 0.1% 457 MOLDON MARKETING PVT LTD 100,426 0.1% 591 THE STEEL BUILDING COMPANY 60,998 0.1%
0.1% 458 FLIK-NIK ENTERPRISES 100,392 0.1% 592 THE MALILANGWE TRUST 60,861 0.1%
323 MOMENTUM IMARA SP REID 150,000 0.1% 459 REACHOUT TRANSPORT (PVT) LTD 100,377 0.1% 593 INTERNATIONAL COATING COMPANY P/L 60,830 0.1%
0.1% 460 AZBO INVESTMENTS 100,348 0.1% 594 DIEFTRACK MARKETING 60,790 0.1%
324 CRYSTAL SERENITY 150,000 0.1% 461 LIBERTY STOCK ZIMBABWE 100,300 0.1% 595 LUNESCO INVESTMENTS (PRIVATE) LIMITED 60,773 0.1%
0.1% 462 INNOVATIVE TECHNOLOGIES 100,300 0.1% 596 YANLIN P/L 60,762 0.1%
325 BETAR CHEMICALS 150,000 0.1% 463 LIGHTING WORLD (PVT) LTD 100,233 0.1% 597 SUSTAINABLE AFFORESTATION ASSOCIATION 60,760 0.1%
0.1% 464 BOWTRESS SERVICES (PVT) LTD 100,204 0.1% 598 SPONGE IRON MINING BENEFICIATION INDUSTRY PVT LTD 60,644 0.1%
326 ALMNET HOLDINGS PVT LTD 150,000 0.1% 465 RIBITIGER TRADING (PVT) LTD 100,124 0.1% 599 SYPREMO INVESTMENTS (PVT) LTD 60,464 0.1%
0.1% 466 TOTAL PROPERTY SOLUTIONS 100,083 0.1% 600 VIVON INVESTMENTS PRIVATE LIMITED 60,353 0.1%
327 SOLAR AID INCORPORATED (PVT) LTD 149,980 0.1% 467 GIANT WRAP (PVT) LTD 100,057 0.1% 601 SENDAGO LOGISTICS (PVT) LTD 60,325 0.1%
0.1% 468 ANYHOME INVESTMENTS 100,037 0.1% 602 TERRIFIC TECH 60,226 0.1%
328 BRANDAGRO PVT LTD 149,921 0.1% 469 TABITHA MERCHANTS PVT LTD 100,036 0.1% 603 SAXIN ENTERPRISES PVT LTD 60,097 0.1%
0.1% 470 INTRACHEM (PVT) LTD 100,000 0.1% 604 QUEST HUB SOLUTIONS (PVT) LTD 60,000 0.05%
329 A.I.DAVIS & COMPANY (PVT) LTD 149,863 0.1% 471 ZEOTEC 100,000 0.1% 605 MINWELL INVESTMENTS (PVT) LTD 60,000 0.05%
0.1% 472 RESTAPEDIC MANUFACTURING PVT LTD 100,000 0.1% 606 NAVEBERRY PVT LTD 60,000 0.05%
330 VOLTAGE CITY (PVT) LTD 149,834 0.1% 473 PICKGLOW TRADING 100,000 0.1% 607 HILLCHEST INVESTMENTS 60,000 0.05%
0.1% 474 REYDELLET INVESTMENTS P/L T/A HUKURU CHICKS 100,000 0.1% 608 OKPATECH INDUSTRIAL SUPPLIERS 60,000 0.05%
331 TAGONESWA INVESTMENTS (PVT) LTD 149,802 0.1% 475 RIDGE VENTURE TRADING 100,000 0.1% 609 FRESHACRES TRADING 60,000 0.05%
0.1% 476 TUMEKAA SERVICES 100,000 0.1% 610 CROPSERVE PRIVATE LIMITED 60,000 0.05%
332 WETO TRANSPORT PVT LTD 149,667 0.1% 477 VAITIVE TRADING (PVT) LTD 100,000 0.1% 611 BIGARTIC INVESTMENTS PVT LTD 60,000 0.05%
0.1% 478 SPARE PARTS EXCHANGE 100,000 0.1% 612 APLUS PRIVATE LIMITED 60,000 0.05%
333 TREDCOR ZIMBABWE (PVT) LTD 149,462 0.1% 479 SOURCE FUEL 100,000 0.1% 613 MATRIX FERTILISERS 60,000 0.05%
0.1% 480 YELLOWCOB ENTERPRISES 100,000 0.1% 614 HERNMERG INTERNATIONAL SERVICES 59,991 0.05%
334 GATEWAY CONSTRUCTION (PVT) LTD 149,443 0.1% 481 TOJA DISTRIBUTORS PVT LTD 100,000 0.1% 615 RANA BROTHERS 59,924 0.05%
0.1% 482 GOLDEYE INVESTMENTS (PVT) LTD 100,000 0.1% 616 AIRBOAT AFRICA PVT LTD 59,746 0.05%
335 ALMAREX INVESTMENTS (PVT) LTD 148,004 0.1% 483 GREEN POWER HOLDINGS 100,000 0.1% 617 MARK BON GROUP 59,652 0.05%
0.1% 484 KENGE FOODS PRIVATE LIMITED 100,000 0.1% 618 PASI FLOORING 59,629 0.05%
336 NUVERT TRADING 145,861 0.1% 485 METALOR MARKETERS (PRIVATE) LIMITED 100,000 0.1% 619 PURITY MILLING 59,030 0.05%
0.1% 486 GOVERNMENT PENSIONS OFFICE 100,000 0.1% 620 KEIDO PVT LTD 59,000 0.05%
337 VETERINARY DISTRIBUTORS 144,900 0.1% 487 LAUETTA INVESTMENTS PL 100,000 0.1% 621 CHEETAH EXPRESS LOGISTICS (PVT) LTD 58,800 0.05%
0.1% 488 AULION TRADING 100,000 0.1% 622 DECRIRE ENTERPRISES 58,646 0.05%
338 BEIT BRIDGE JUICING COMPANY 144,883 0.1% 489 AFRICA AT LARGE P/L 100,000 0.1% 623 TUDMAG ENTERPRISES 58,510 0.05%
0.1% 490 CITEPAGE ENTERPRISES 100,000 0.1% 624 CENTURY STAINLESS STEEL 57,930 0.05%
339 UNIFREIGHT AFRICA LTD 144,219 0.1% 491 DREKOFIL INVESTMENTS 100,000 0.1% 625 SOLID VISION TECHNOLOGIES P/L 57,139 0.05%
0.1% 492 COMHOLD SERVICES 100,000 0.1% 626 FEEDBURY TRADING 57,106 0.05%
340 PROTON BAKERS (PVT) LTD 143,854 0.1% 493 BOC ZIMBABWE (PVT) LTD 100,000 0.1% 627 FIRST PACK SERVICES P/L 56,500 0.05%
0.1% 494 CRAMWELL INVESTMENTS 100,000 0.1% 628 PATHOLOGY LABORATORIES PVT LTD 56,279 0.05%
341 IMPERIAL PLASTICS PRIVATE LIMITED 143,612 0.1% 495 CHECKERED TECHNOLOGIES 100,000 0.1% 629 CON-PLANT TECHNOLOGY 56,000 0.05%
0.1% 496 CROCKERY HUB 99,994 0.1% 630 SAVANNA BEVERAGES 56,000 0.05%
342 CABS 143,412 0.1% 497 POMONA STEEL AND FENCING 99,792 0.1% 631 TIMBER CENTRE MANUFACTURERS 55,800 0.05%
0.1% 498 EID ENTERPRISES (PVT) LTD 99,763 0.1% 632 AGRIPEAK INCORPORATED 55,800 0.05%
343 SWASZY GRANITES 141,760 0.1% 499 MAX HAIVO ELECTRICAL AND HARDWARE 99,362 0.1% 633 CHAGVIEW INVESTMENTS 55,429 0.05%
0.1% 500 FOSSIL AGRO PVT LTD 99,274 0.1% 634 MULTIGRAIN PVT LTD 55,347 0.05%
344 WILLIAM BAIN & COMPANY 141,564 0.1% 501 SQUAREMARK INVESTMENTS (PVT) LTD 99,000 0.1% 635 CHARTER PROPERTIES (PVT) LTD 55,262 0.05%
0.1% 502 MUTARE PROPSHAFTS CENTRE 98,500 0.1% 636 MAROPAFADZO ENERGY 55,219 0.05%
345 TRAVERSE MINERAL RESOURCES 140,967 0.1% 503 IMARA EDWARDS SECURITIES 96,530 0.1% 637 CLIMZONE TRADING (PVT) LTD 55,000 0.05%
0.1% 504 DEVICES & DISPOSABLES (PVT) LTD T/A DMD HEALTHCARE 96,357 0.1% 638 EKNOR INVESTMENTS 55,000 0.05%
346 PAROAN VISTA (PVT) LTD 140,526 0.1% 505 FARAMATSI MOTORS (PVT) LTD 95,941 0.1% 639 TURNING POINT INVESTMENTS 54,976 0.05%
0.1% 506 KITHRA ENTERPRISES 95,214 0.1% 640 DIANOMIS DISTRIBUTION SERVICES PVT LTD 54,372 0.05%
347 BUILD YOUR DREAMS ( PVT) LTD 140,000 0.1% 507 J W WILSON INTERNATIONAL PVT LTD 94,913 0.1% 641 HILLTOP MEDICAL DISTRIBUTORS 54,200 0.05%
0.1% 508 MICROCELL ENTERPRISES PVT LTD 94,863 0.1% 642 NATIONAL TYRE SERVICES P/L 53,813 0.04%
348 CHINESE PARTS SOLUTIONS (PVT) LTD 140,000 0.1% 509 T.C.I INTERNATIONAL 92,000 0.1% 643 THOMSTECH MARKETING SERVICES PRIVATE LIMITED 53,580 0.04%
0.1% 510 PETRAZ INVESTMENTS 87,987 0.1% 644 NOMELA LOGISTICS PRIVATE LIMITED 53,237 0.04%
349 ISLAND MINERALS PVT LTD 138,625 0.1% 511 BRIAN LAWRENCE AND COMPANY (PVT) LTD 86,918 0.1% 645 MVURA DAM 53,000 0.04%
0.1% 512 OK ZIMBABWE LTD 85,523 0.1% 646 LIGHTGROOVE INVESTMENTS (PVT) LTD 52,977 0.04%
350 J MANN & COMPANY (PVT) LTD 138,614 0.1% 513 KAMARI INVESTMENTS P/L 85,000 0.1% 647 LONGSTREAM ENTERPRISES 52,607 0.04%
0.1% 514 MURTHY INVESTMENTS 81,341 0.1% 648 OGONVILLE INVESTMENTS 52,569 0.04%
351 POWERSAVE (PVT) LTD 136,126 0.1% 515 DHL GLOBAL FORWARDING ZIMBABWE P/L 80,871 0.1% 649 JC RAYS PRIVATE LIMITED 52,557 0.04%
0.1% 516 DOCTOR HENN INVESTMENTS PVT LTD 80,758 0.1% 650 GREENWAVE TRADING 52,500 0.04%
352 CARNAUD METALBOX ZIMBABWE 135,350 0.1% 517 INTRAQUIP AND CHEMICALS (PVT) LTD 80,728 0.1% 651 INFOCRAFT 52,247 0.04%
0.1% 518 INAMO AGRIC (PRIVATE) LIMITED 80,636 0.1% 652 ERFURT INVESTMENTS 52,000 0.04%
353 DIVINE VISITATION P/L 135,000 0.1% 519 JOHNSTON SADLERY PVT LTD 80,597 0.1% 653 ZIMBABWE GRAIN DRYERS 52,000 0.04%
0.1% 520 PREMIUM MOBILITY PVT LTD 80,550 0.1% 654 CHALKMART TRADING 51,984 0.04%
354 RODCENT TRADING 134,998 0.1% 521 SWAYMO ENTERPRISES 80,537 0.1% 655 CARA BRANDS (PVT) LTD 51,975 0.04%
0.1% 522 M D DE CHASSART AND SON (PVT) LTD 80,481 0.1% 656 TWO WAY DYNAMICS INVESTMENTS 51,972 0.04%
355 CHARLES STEWART DAY OLD CHICKS P/L 134,351 0.1% 523 ZIMPEBBLES (PVT) LTD 80,476 0.1% 657 GEEKAY HOLDINGS P/L 51,477 0.04%
0.1% 524 MC MEATS PL 80,409 0.1% 658 BESTFY INVESTMENTS (PVT) LTD 51,131 0.04%
356 TOK AGRICULTURE 133,043 0.1% 525 PHOENIX (PVT) LTD 80,250 0.1% 659 ACREFRUITS ENTERPRISES 51,000 0.04%
0.1% 526 LABEL FLEX (PRIVATE) LIMITED 80,106 0.1% 660 THE SALES ARENA (PVT) LTD 51,000 0.04%
357 PAT DUNN AND MARK FUTTER (PVT) LTD 132,760 0.1% 527 FINANCE AID P/L 80,074 0.1% 661 HARDWAVES AUDIO ACOUSTIX P/L 50,994 0.04%
0.1% 528 POLARIS AGRICULTURE PVT LTD 80,010 0.1% 662 FRENKEL TEXTILES (PVT) LTD 50,986 0.04%
358 WOYOH BROTHERS (PVT) LTD T/A INTERNATIONAL FREIGHT SERVICES 131,017 0.1% 529 ART CORPORATION LTD 80,000 0.1% 663 ENBEE STORES 50,984 0.04%
0.1% 530 PHARMANOVA PVT LTD 80,000 0.1% 664 UNIQUE TRAVEL COMPANY (PVT) LTD 50,978 0.04%
359 AZAR CONSTRUCTION (PRIVATE) LIMITED 130,963 0.1% 531 ZLG PVT LTD 80,000 0.1% 665 MERRYLIGHT ENTERPRISES (PVT) LTD 50,975 0.04%
0.1% 532 TORQUE TRADING 80,000 0.1% 666 NSHUTI INVESTMENTS (PVT) LTD 50,959 0.04%
360 LARYSCOPE HEALTHCARE (PVT) LTD 130,579 0.1% 533 ZHUIFENG INVESTMENTS 80,000 0.1% 667 BMG MINING PVT LTD 50,958 0.04%
0.1% 534 SINOTRUK ZIMBABWE PVT LTD 80,000 0.1% 668 PETRICHOR IRRIGATION (PVT) LTD 50,952 0.04%
361 PRIMTRIM ENTERPRISES PVT LTD 130,493 0.1% 535 LIMITLESS ENERGY 80,000 0.1% 669 SEMEGAL INVESTMENTS (PVT) LTD 50,950 0.04%
0.1% 536 IL INTEGRATED AGRI PRIVATE LIMITED 80,000 0.1% 670 PALEMOON INVESTMENTS 50,940 0.04%
362 PALMLIFE PL 130,072 0.1% 537 HAPPY DAY SANITARY 80,000 0.1% 671 LYFY CHEMICAL SOLUTION PVT LTD 50,940 0.04%
0.1% 538 LOVOL KINGFISHER (PVT) LTD 80,000 0.1% 672 TACTPLAN HOLDINGS 50,938 0.04%
363 KINGFISHER AUTO MOTORS T/A GRAND AUTO (PVT) LTD 130,000 0.1% 539 FIXBREW INVESTMENTS PVT LTD 80,000 0.1% 673 FORTHPORT ENTERPRISES (PVT) LTD 50,917 0.04%
0.1% 540 BOCCOLOKO T/A RAM MINING 80,000 0.1% 674 BOPHELONG PROPERTIES PVT LTD 50,915 0.04%
364 SPORROW HAULIERS 128,901 0.1% 541 AGROSHAPE 80,000 0.1% 675 VORDIM TRADING PVT LTD 50,906 0.04%
0.1% 542 BURMA OIL HOLDINGS PRIVATE LIMITED 80,000 0.1% 676 INTROCANE ENTERPRISES (PVT) LTD 50,888 0.04%
365 MANJOLO FARM (PVT) LTD 127,232 0.1% 543 CANLINK TRADING PVT LTD 78,585 0.1% 677 CALUNDIKE EXPORTS PRIVATE LIMITED 50,858 0.04%
0.1% 544 AGRISWISS ZIMBABWE PVT LTD 78,390 0.1% 678 PIVOTAL AGRO SERVICES (PVT) LTD 50,818 0.04%
366 POLARIS HORTICULTURE PVT LTD 127,186 0.1% 545 DINSON COLLIERY MINING 75,982 0.1% 679 CAUDLISS TRADING 50,800 0.04%
0.1% 546 DERIVATIVE RESOURCES PRIVATE LIMITED 75,961 0.1% 680 EVA TASH 50,789 0.04%
367 KALIMBA INVESTMENTS (PVT) LTD 126,721 0.1% 547 BLACK BOX OILS AND LUBRICANTS 75,918 0.1% 681 TYRES & LUBRICANTS ZIMBABWE PVT LTD 50,784 0.04%
0.1% 548 PROBOTTLERS PVT LTD 75,697 0.1% 682 PROCURE CHAIN 50,781 0.04%
368 DIVYA INVESTMENTS 126,504 0.1% 549 SHREYA INVESTMENTS (PVT) LTD 75,465 0.1% 683 LOZINO INVESTMENTS PRIVATE LIMITED 50,765 0.04%
0.1% 550 MERCANTILE ONE (PVT) LTD 75,110 0.1% 684 CRUNDALL BROTHERS (PVT) LTD 50,753 0.04%
369 EKEZAL ENTERPRISES 126,435 0.1% 551 GEMATCH PETROLEUM (PVT) LTD 75,033 0.1% 685 VITA NOVA PVT LTD 50,693 0.04%
0.1% 552 ZIMBAGS INVESTMENTS PVT LTD 75,016 0.1% 686 KINGSPORT INVESTMENTS PVT LTD 50,675 0.04%
370 CHEMPLEX CORPORATION 126,000 0.1% 553 LAVANTE TRADING 75,000 0.1% 687 ITT IDEAS ENTERPRISES (PVT) LTD 50,665 0.04%
0.1% 554 SKYCLARE ENTERPRISES PRIVATE LIMITED 75,000 0.1% 688 KANU EQUIPMENT ZIMBABWE (PVT) LTD 50,650 0.04%
371 IPACK ZIMBABWE PVT LTD 125,841 0.1% 555 POLYCROWN PACKAGING 75,000 0.1% 689 MOORHILL INVESTMENTS 50,623 0.04%
0.1% 556 ROCKDRILL TRADING PVT LTD 75,000 0.1% 690 POLYWORLD TRADING (PVT) LTD 50,606 0.04%
372 WATERBREEZE INVESTMENTS 125,809 0.1% 557 HYPERY BRANDS (PVT) LTD 75,000 0.1% 691 MASAL INVESTMENTS 50,524 0.04%
0.1% 558 FORTUNEDRIVE ENTERPRISES 75,000 0.1% 692 DEEDSGATE INVESTMENTS 50,512 0.04%
373 KEVKUL INVESTMENTS 125,680 0.1% 559 NAKA VENTURES 75,000 0.1% 693 INSHARK INVESTMENTS PL T/A VIRTUAL COMPUTERS 50,511 0.04%
0.1% 560 MACHINERY EXCHANGE 75,000 0.1% 694 ARCHER ENGINEERING (PVT) LTD 50,471 0.04%
374 MAGCHEM (PVT) LTD 125,500 0.1% 561 ENGINEERED AUTOMATION INTELLIGENCE 75,000 0.1% 695 WATT GENERATOR PVT LTD 50,450 0.04%
0.1% 562 FINEART TECHNOLOGIES 75,000 0.1% 696 DATA TRANSFER COMPUTERS T/A SAI SYSTEMS 50,400 0.04%
375 YATAKALA TRADING (PVT)LTD 125,390 0.1% 563 ADLEBON INVESTMENTS 75,000 0.1% 697 EXTREME HUSTLE 50,389 0.04%
0.1% 564 CAPITAL AGRICULTURE P/L 72,880 0.1% 698 BRAFORD INVESTMENTS (PVT) LTD 50,360 0.04%
376 PRODISTRIBUTION PVT LTD 125,383 0.1% 565 WEIXI MINING INVESTMENTS (PVT) LTD 70,847 0.1% 699 GOODSHOW MANUFACTURING 50,356 0.04%
0.1% 566 AC CONTROL PVT LTD 70,000 0.1% 700 SPELLBOUND P/L 50,343 0.04%
377 POLBERRY INVESTMENTS (PVT) LTD 125,000 0.1% 567 TOK TIMBER P/L 70,000 0.1% 701 INFRASTRUCTURE DEVELOPMENT BANK OF ZIMBABWE 50,317 0.04%
0.1% 568 GARITON INVESTMENTS 70,000 0.1% 702 TRICKMUT COMPUTERS PRIVATE LIMITED 50,302 0.04%
378 MASINIRE FARM AND FRESH 125,000 0.1% 569 ASSOCIATED FOODS ZIMBABWE 703 LIVETOUCH INVESTMENTS 50,298 0.04%
0.1% 704 SKYAQUA INVESTMENTS 50,292 0.04%
379 PROCOMM PVT LTD 124,846 0.1% BROWN BROTHERS HARRIMAN & CO.SANLAM UNIVERSAL 705 EIGHT EMPIRE ESTATE PVT LTD 50,279 0.04%
0.1% 570 FUNDS 706 DOUGLAS ST LEGER 50,270 0.04%
380 ICECASH PRIVATE LIMITED 121,297 0.1% 571 SLIGO FARM 707 SINOMACH MOTORS PRIVATE LIMITED 50,255 0.04%
0.1% 572 KARIMBA ESTATES JOINT VENTURE 708 C AND Z INVESTMENTS PRIVATE LIMITED 50,233 0.04%
381 WESTMORELAND PROPERTIES 120,817 0.1% 573 ASPHALT PRODUCTS (PVT) LTD 709 HALSTED BROTHERS 50,222 0.04%
0.1% 574 COLLEGE PRESS PUBLISHERS P/L 710 SESANI PRIVATE LIMITED 50,195 0.04%
382 PRIDHAM INVESTMENTS P/L 120,614 0.1% 575 TERRIER SERVICES (PVT) LTD 711 SITELINK INVESTMENTS 50,127 0.04%
0.1% 576 TRAC-KING (PVT) LTD 712 INTEGRATED DIGITAL SECURITY SOLUTIONS(PVT) LTD 50,115 0.04%
383 TUMMALATE INVESTMENTS 120,000 0.1% 577 MIRAVANA ENTERPRISES PVT LIMITED 713 ZIMCARBON CORPORATION PVT LTD 50,097 0.04%
0.1% 578 TAP & GET TRADING PVT LTD 714 DJT ENGINEERING SUPPLY SOL 50,090 0.04%
384 DIFF-LOCK CONSTRUCTION 120,000 0.1% 579 SIX HUNDRED ZIMBABWE P/L 715 PETBENT INVESTMENTS 50,033 0.04%
0.1% 580 REFRIGERATION & AIRCONDITIONING SERVICES (PVT) LTD 716 ABOUT THE BULK 50,004 0.04%
385 NATIONS HARDWARE & ELECTRICAL (PVT) LTD 119,546 0.1% 581 LASHWEDJ DISTRIBUTORS 717 SHOPIT ZIMBABWE 50,004 0.04%
0.1% 582 CYCLEPOWER HARDWARE CENTRE (PVT) LTD 718 WINDFIELD PROPERTIES 50,000 0.04%
386 ROAD HAULIERS (PVT) LTD 119,300 0.1% 583 JAMMIN CONSOLIDATED SOLUTIONS PVT LTD 719 ZUNDINE TRADING PVT LTD 50,000 0.04%
584 ORANGEHEALTH (PVT) LTD 50,000 0.04%
387 ARMMINNI (PVT) LTD 115,444 585 SHRIJI LUGGAGEWARE
586 OLD MUTUAL SECURITIES
388 SELONA AFRICA 115,216

389 NASAG PRIVATE LIMITED 115,000

390 THE SAFE DEPOSIT BOX COMPANY 114,081

391 AEROMAT TRADING 113,283

392 BISCRAY ENTERPRISES PVT LTD 112,754

393 FIRST PLASTICS (PRIVATE) LIMITED 112,184

394 EARTHEN FIRE 111,866

395 NETRADE MARKETING (PVT) LTD 111,728

396 DRIPTECH IRRIGATION PVT LTD 111,200

397 BREXHILL ENTERPRISES PVT LTD 111,016

398 MUKUNDI MILLERS P/L 111,000

399 EUROSTYLE TRADING PL 110,918

400 FIVE PARTNERS 110,657

401 AFRICAN PRESERVES (PVT) LTD 110,647

402 POLYLIFE TRADING PVT LTD 110,522

403 OPEN SKIES ENTERPRISES 110,500

404 REFRESHING SANITARY PADS P/L 110,377

405 C STEINWEG BRIDGE PVT LTD 110,192

406 BRIGHTWATER ZIMBABWE 110,000

407 ASTROVIEW INCORPORATED PVT LTD 109,988

408 PLANAS INVESTMENTS PVT LTD 109,816

409 ONSDALE ENTERPRISES (PVT) LTD 109,325

410 ROTATE TECHNOLOGIES (PVT) LTD 109,249

411 KURIMA MACHINERY AND TECHNOLOGY PVT LTD 107,904

412 TSELENTIS GROUP (PVT) LTD 107,629

413 STARDELTA ELECTRIX (PVT) LTD 107,535

414 DEVINE OUTCOME 106,000

415 CHICAGO COSMETICS 105,695

416 WARDSTORE ENTERPRISES 105,333

417 FI LAPTOPS PVT LTD 105,065

418 KUSONA TRADING (PVT) LTD 105,000

419 CLOREX HOLDINGS 105,000

420 BALM ENGINEERING 105,000

421 CORYPHAEUS PVT LTD 104,000

422 CLASSECON ROOFING AFRICA (PVT) LTD 103,801

423 SKY PHARMACEUTICALS ( PVT ) LTD 103,506

424 UMBINGTON TRADING PVT LTD 103,083

425 POWADRIVE PVT LTD 102,211

426 SPEEDPRINT 102,000

427 HMC PVT LTD 101,964

428 OPTIMUM AGRO (PVT) LTD 101,952

429 ESCORTED TRAVEL COMPANY 101,915

430 ORYX SYSTEMS PVT LTD 101,900

431 STANDARD GLOBAL COMMUNICATIONS 101,842

432 TUVAIDDO INVESTMENTS (PVT) LTD 101,772

433 PROCLASSIC TRADING 101,718

434 TENGWA TRANSPORT (PVT) LTD 101,578

435 CENTRAL AFRICAN PACKAGING CORPORATION PVT LTD 101,001

436 FESTUS MANU INVESTMENTS PVT LTD 100,993

437 CORALCOM PVT LTD 100,955 70,000 0.1%
69,667 0.1%
438 DAYTONE INVESTMENTS 100,954 68,964 0.1%
67,538 0.1%
439 AGRIMIX PRIVATE LIMITED 100,915 67,244 0.1%
67,107 0.1%
440 FRUGIPARUS ENT PL 100,895 65,964 0.1%
65,265 0.1%
441 SOLARQUIP 100,895 65,000 0.1%
64,976 0.1%
442 EAGLE AGENCIES PVT LTD 100,859 64,861 0.1%
63,879 0.1%
443 LEADGATE ENTERPRISES T/A CORPORATE COPIERS 100,857 63,668 0.1%
63,634 0.1%
444 SALVARE INVESTMENTS P/L 100,854 63,516 0.1%
63,259 0.1%
445 FIRST PACK MARKETING 100,836 62,896 0.1%

446 PAPERMART INTERNATIONAL 100,810

447 ELM CREEK INVESTMENTS (PVT) LTD 100,787

448 CASSETTE TECHNOLOGIES P/L 100,747

449 DROPTECH PVT LTD 100,710

450 ZORWAY INTERNATIONAL 100,691

451 G & C WAUGH SALES & MERCHANDISING (PVT) LTD T/A WARPACK 100,675

452 ALUN HART ENTERPRISES 100,606

453 SEAROVER INVESTMENTS (PRIVATE) LIMITED 100,602

Page 46 Reframing Issues NewsHawks

Issue 71, 11 March 2022

NO. BIDDER AMOUNT ALLOTTED SHARE NO. BIDDER AMOUNT ALLOTTED SHARE NO. BIDDER AMOUNT ALLOTTED SHARE
720 WHIRLWYN TRADING (US$) (%) (US$) (%) (US$) (%)
721 SHORTPAGE TRADING 50,000 1 PURPLEGRID INVESTMENT GROUP P/L 125 INOPREC LOGISTICS PVT LTD
722 ZIKRAG INVESTMENTS 50,000 0.04% 2 REDMARK SERVICES 56,540 0.2% 126 VIVON INVESTMENTS PRIVATE LIMITED 35,513 0.1%
723 WATERWRIGHT IRRIGATION PVT LTD 50,000 0.04% 3 K W ENTERPRISES PVT LTD 55,656 0.2% 127 UPPERMOST PROPERTIES 35,072 0.1%
724 POCK ISLAMP PVT LTD 50,000 0.04% 4 DIRECT IMPACT INVESTMENTS PRIVATE LIMITED 54,444 0.2% 128 SOLAR FARMING 35,000 0.1%
725 SNAPPY COMMODITIES AND DISTRIBUTION 50,000 0.04% 5 SHAPE IT ADHESIVES 53,698 0.2% 129 MALL ROUTE TRADING 35,000 0.1%
726 TIRO LONGO INVESTMENTS 50,000 0.04% 6 NYANGANI INDUSTRIES PVT LTD 51,920 0.2% 130 TUDMAG ENTERPRISES 34,983 0.1%
727 RESIMUNDE INVESTMENTS 50,000 0.04% 7 MARADES INVESTMENTS 50,801 0.2% 131 AMANZI OASIS INCORPORATED 34,934 0.1%
728 THE PLOUTOS 50,000 0.04% 8 INTABA TRADING (PVT) LTD 50,500 0.2% 132 OAKWAY INVESTMENTS 34,891 0.1%
50,000 0.04% 9 KERSHELMAR DAIRIES (PVT) LTD 50,211 0.2% 133 CHICAGO COSMETICS 34,770 0.1%
PHOENIX CONSOLIDATED INDUSTRIES LTD 0.04% 10 TOBS STRONG 49,802 0.2% 134 FRESH WAVE PVT LTD 34,723 0.1%
729 TA WILLIAM SMITH AND GOUROCK 11 BITUCHEM 49,672 0.2% 135 REDOAK CORPORATION (PVT) LTD 34,400 0.1%
730 VISUAL PLASTICS (PVT) LTD 50,000 0.04% 12 OLYMPIUS INVESTMENTS 49,171 0.2% 136 ANMACK MINING (PVT) LTD 34,030 0.1%
731 SEBAM ENERGY 50,000 0.04% 13 BOARDEX ZIMBABWE 47,823 0.2% 137 THREE INFORMATION TECHNOLOGY LOGISTICS 34,000 0.1%
732 VITAL LOGISTICS PVT LTD 50,000 0.04% 14 FLUERIE (PVT) LTD 47,000 0.2% 138 PERFECT SPROUT 33,995 0.1%
733 TERRAMAK INVESTMENTS 50,000 0.04% 15 YANO MUSH 46,763 0.2% 139 BULLION CONSTRUCTION (PRIVATE) LIMITED 33,900 0.1%
734 SELBY ENTERPRISES PVT LTD 50,000 0.04% 16 AAYU PACKAGING PRIVATE LIMITED 46,170 0.2% 140 KINGSTON MUNYAWARARA 33,788 0.1%
735 TOUCH DISTRIUTORS 50,000 0.04% 17 KOTAVO ENTERPRISES 45,402 0.2% 141 ARGOSY FARM 33,570 0.1%
736 SACTORUM AGENCIES 50,000 0.04% 18 MCCARTNEY INVESTMENTS 44,881 0.2% 142 DESLEG PBC 33,101 0.1%
737 SIRMAC ENTERPRISES PVT LTD 50,000 0.04% 19 BARREL ENGINEERS & FOUNDERS 44,835 0.2% 143 JAZZTONE INVESTMENTS 33,019 0.1%
738 STARSTRUCK 50,000 0.04% 20 NCP DISTILLERS ZIMBABWE 44,204 0.2% 144 COSABS INVESTMENTS 32,882 0.1%
739 ZYNMAT HEALTHCARE 50,000 0.04% 21 ROSHANI INVESTMENTS 44,184 0.2% 145 ACCUGAIN PRIVATE LIMITED 32,834 0.1%
740 RAPID GAIN ENTERPRISES 50,000 0.04% 22 KNELLER ENTERPRISES 43,785 0.2% 146 COMPETITIVE BRAND SHAPERS 32,379 0.1%
741 HORTIFIELD ENGINEERING [PVT] LTD 50,000 0.04% 23 SELFLESS INVESTMENTS 43,325 0.2% 147 BRIECO TRADING P/L 32,259 0.1%
742 PAM PHARMACEUTICALS 50,000 0.04% 24 TUKTUK TECHNOLOGY P/L 42,780 0.1% 148 ACEFIELD INVESTMENTS 32,000 0.1%
743 KOSHA DISTRIBUTION 50,000 0.04% 25 WRAPRITE PVT LTD 42,000 0.1% 149 HELLO HARARE P/L 31,996 0.1%
744 MBUKWE INVESTMENTS (PVT) LTD 50,000 0.04% 26 NEARSTRAND TRADING 42,000 0.1% 150 DOMINION MARKETING PVT LTD 31,912 0.1%
745 LIGHTBAND INVESTMENTS 50,000 0.04% 27 TENRITE ENTERPRISES 42,000 0.1% 151 KANPROOF INVESTMENTS 31,904 0.1%
746 HERPSONS ENGINEERING T/A HEMS AFRICA 50,000 0.04% 28 K B DAVIES (PVT) LTD 41,873 0.1% 152 AROPAK BOARD AND TIMBER 31,897 0.1%
747 LABCAL 50,000 0.04% 29 CARADOR ENTERPRISES 41,791 0.1% 153 SAFHAN INVESTMENTS 31,809 0.1%
748 MONALYNN ELECTRONICS 50,000 0.04% 30 ARTRIVERS WAREHOUSE GROUP P/L 41,747 0.1% 154 FOUNTAIN PROCESSORS PRIVATE LIMITED 31,275 0.1%
749 MULTAT INVESTMENTS (PVT) LTD 50,000 0.04% 31 CUBE QUNTAM PHARMACEUTICALS 41,567 0.1% 155 JOSEPRON ENTERPRISES 30,993 0.1%
750 GERMAN CONSTRUCTION 50,000 0.04% 32 PEMA FASHIONS PVT LTD 41,000 0.1% 156 ZARURO INCORPORATED 30,984 0.1%
751 PANGOLIN PRODUCTS PVT LTD 50,000 0.04% 33 G & S CHEMICAL AGENCIES P/L 40,899 0.1% 157 WRITTEN CORD INVESTMENTS (PVT) LTD 30,877 0.1%
752 NETHERVEST TRADING 50,000 0.04% 34 THIRTY ONE JULY 40,892 0.1% 158 THREE BLUES ENTERPRISES (PVT) LTD 30,767 0.1%
753 GAMELINE 50,000 0.04% 35 REACHOUT TRANSPORT (PVT) LTD 40,750 0.1% 159 TIPLONG TRADING (PVT) LTD 30,674 0.1%
754 MIKE BILLION PVT LTD 50,000 0.04% 36 APPOINTMENT CORPORATE ZIMBABWE 40,587 0.1% 160 TROUTEN ENGINEERING 30,419 0.1%
755 MUSORO DOMBO (PVT) LTD 50,000 0.04% 37 NADISH INVESTMENTS (PVT) LTD 40,549 0.1% 161 VIDIZE INVESTMENTS 30,000 0.1%
756 FLINLON TRADING P/L 50,000 0.04% 38 EZEE ZIM PVT LTD 40,518 0.1% 162 WORSDALE 30,000 0.1%
757 MYRTLE INVESTMENTS 50,000 0.04% 39 GARDENIA ENTERPRISES P/L 40,413 0.1% 163 WRITEGATE VENTURES PVT LTD 30,000 0.1%
758 FLOWSERVE INVESTMENTS 50,000 0.04% 40 BIO WILD PRIVATE LIMITED 40,051 0.1% 164 SUNCREEK TRADING 30,000 0.1%
759 LANCEFRED INVESTMENTS 50,000 0.04% 41 UVESTO 40,038 0.1% 165 TALL BELL ELECTRONICS 30,000 0.1%
760 LANGFORD INVESTMENTS 50,000 0.04% 42 WAHID ENTERPRISES 40,000 0.1% 166 SKM MOTORCYLCES 30,000 0.1%
761 MAYAMA TRADING 50,000 0.04% 43 THE ROYALHOUSE TECHNOLOGIES 40,000 0.1% 167 SMUDDLE INVESTMENTS (PVT) LTD 30,000 0.1%
762 FULCRUM CONSULTING PVT LTD 50,000 0.04% 44 TICH-ALPHA 40,000 0.1% 168 POUNDNET INVESTMENTS 30,000 0.1%
763 LONGSTAGE TRADING 50,000 0.04% 45 TINPAN INVESTMENTS 40,000 0.1% 169 PARNCORP P/L 30,000 0.1%
764 DAVJON PVT LTD 50,000 0.04% 46 TOTAL AQUA SOLUTIONS 40,000 0.1% 170 ORSINO INVESTMENTS PVT LTD 30,000 0.1%
765 EASTCHEM INVESTMENTS 50,000 0.04% 47 STONEFAIR INVESTMENTS 40,000 0.1% 171 PROCLAIM INVESTMENTS 30,000 0.1%
766 BRANDS AFRICA 50,000 0.04% 48 STREFORD INVESTMENTS 40,000 0.1% 172 PALMREST INVESTMENTS 30,000 0.1%
767 BAYROCK RESOURCES 50,000 0.04% 49 STONEBURRY PVT LTD 40,000 0.1% 173 PEST CLEAN SERVICES 30,000 0.1%
768 DEZICE SOLUTIONS (PVT) LTD 50,000 0.04% 50 PEOPLE`S OWN SAVINGS BANK 40,000 0.1% 174 OVICELL INVESTMENTS 30,000 0.1%
769 BESPOKE DELIGHTS 50,000 0.04% 51 PRIDE MUNATSIREYI MURENGWE 40,000 0.1% 175 MICROWAREHOUSE P/L 30,000 0.1%
770 CHEESE GALORE 50,000 0.04% 52 NEXBRANDS INVESTMENTS 40,000 0.1% 176 KASHEP ENTERPRISES 30,000 0.1%
771 DYNAMASTER PVT LTD 50,000 0.04% 53 KEMGAUGE INVESTMENTS 40,000 0.1% 177 LADGEN INVESTMENTS P/L 30,000 0.1%
772 ESSENTIAL LOGISTICS 50,000 0.04% 54 MAZOLA TRADING 40,000 0.1% 178 KUTICAM PRODUCTS T/A TAWANA BIO ENERGY 30,000 0.1%
773 FCJ DISTRIBUTORS PRIVATE LIMITED 50,000 0.04% 55 LATIDOUK LOGISTICS P/L 40,000 0.1% 179 LEERITE INVESTMENTS PVT LTD 30,000 0.1%
774 CLEVER BROTHERS PVT LTD 50,000 0.04% 56 LUMINOUS DETERGENTS PVT LTD 40,000 0.1% 180 MARAGARET PRIVATE LIMITED 30,000 0.1%
775 AUTOMOTIVE DISTRIBUTOR INCORPORATED PVT LTD 50,000 0.04% 57 KURU MEDICAL PROVIDERS 40,000 0.1% 181 LORDREACH INC 30,000 0.1%
776 CROSSTRACK INVESTMENTS PBC 50,000 0.04% 58 G AND T SCALE SERVICES 40,000 0.1% 182 MASTER DIGITAL P/L 30,000 0.1%
777 DIRECT CAPITAL 50,000 0.04% 59 HARDTECH SUPPLIES 40,000 0.1% 183 KEVIN WILD CONSTRUCTION 30,000 0.1%
778 DON FOSS ENTERPRISES 50,000 0.04% 60 FUELIFIC ENERGY 40,000 0.1% 184 MILDGOLD P/L 30,000 0.1%
779 AYAN TRADING 50,000 0.04% 61 ELICAVY ENERGY AND TECHNOLOGIES 40,000 0.1% 185 JUNE LOGISTICS 30,000 0.1%
780 EDLAW LOGISTICS 50,000 0.04% 62 APACK ZIMBABWE T/A CLASSIC MARKETING P/L 40,000 0.1% 186 INSPIRATION AFRICA ENTERPRISES 30,000 0.1%
781 EQUIP SOLUTIONS PVT LTD 50,000 0.04% 63 BOOMBURY PVT LTD 40,000 0.1% 187 INDUSTRIAL PRODUCTS SOLUTIONS 30,000 0.1%
782 DROP VIEW INVESTMENTS PVT LTD 50,000 0.04% 64 BRENTWOOD INCORPORATION PVT LTD 40,000 0.1% 188 GEMINI CONTINENTAL PRIVATE LIMITED 30,000 0.1%
783 CONEMENT ENTERPRISES PVT LTD 50,000 0.04% 65 ALZI ENGINEERING AND EQUIPMENT 40,000 0.1% 189 GEORGEMOSE INVESTMENTS 30,000 0.1%
784 COTRANS INVESTMENTS 50,000 0.04% 66 AFRO-ASIA ZIMBABWE 40,000 0.1% 190 INNOVAGE 30,000 0.1%
785 ABBIAMO TRADING P/L 50,000 0.04% 67 ADONIRE 40,000 0.1% 191 GRAPE DEAL TRADING 30,000 0.1%
786 ASCA HEALTH CARE P/L 50,000 0.04% 68 ARTFLORE TECHNICAL SERVICES 40,000 0.1% 192 JEPNIK INVESTMENTS 30,000 0.1%
787 NEWHOPE VENTURES 50,000 0.04% 69 MRC AUTO PARTS 40,000 0.1% 193 JOHN FLORENCE INVESTMENTS 30,000 0.1%
788 NEYWEL TRADING 49,998 0.04% 70 HEADBUCKS FREIGHT AND LOGISTICS (PVT) LTD 39,992 0.1% 194 FRABELLA 30,000 0.1%
789 NELSPOT BRANDS 49,990 0.04% 71 GREAT EAST DISTRIBUTORS 39,976 0.1% 195 HOXBRIDGE INVESTMENTS 30,000 0.1%
790 JBAT INVESTMENTS PVT LTD 49,981 0.04% 72 SWICLO INVESTMENTS 39,967 0.1% 196 EARLSTEIN ENTERPRISES P/L 30,000 0.1%
791 AGRIFORCE (PVT) LTD 49,980 0.04% 73 AMALGAMATED CHEMICAL INDUSTRIES 39,964 0.1% 197 DRONES VIEW MOUNTAINS PRIVATE LIMITED 30,000 0.1%
792 ALYSASH ENTERPRISES (PVT) LTD 49,968 0.04% 74 TECHNICAL HYGIENE SOLUTIONS 39,961 0.1% 198 DROIT POTEZ INVESTMENTS 30,000 0.1%
793 LENGRACE SOLUTIONS (PVT) LTD 49,963 0.04% 75 TAMALKS INVESTMENTS PVT LTD 39,959 0.1% 199 CRYSTAL CANDY (PVT) LTD 30,000 0.1%
794 GOAL LOGISTICS 49,962 0.04% 76 ZELPAC TRADING 39,957 0.1% 200 DUNEXAS INVESTMENTS 30,000 0.1%
795 J J BENATAR (PVT) LTD T/A DIESEL GEAR 49,962 0.04% 77 HARARE PUMP AND IRRIGATION 39,954 0.1% 201 DENDORF TRADING 30,000 0.1%
796 TELECONTRACT 49,953 0.04% 78 SUBSAHN 39,924 0.1% 202 EARLSTREE INVESTMENTS PVT LIMITED 30,000 0.1%
797 MIDEND COMPUTERS 49,946 0.04% 79 REFRIGERATION & AIRCONDITIONING SERVICES (PVT) LTD 39,915 0.1% 203 EVERMORE KAMUNGERA 30,000 0.1%
798 SILKWOOD MANUFACTURING (PVT) LTD 49,944 0.04% 80 WATTLEFIELD ENGINEERS 39,906 0.1% 204 DREAMDAY MARKETING PL 30,000 0.1%
799 OCEAN HYBRID T/A HYBRID TAXIS 49,944 0.04% 81 MAGOZA PVT LTD T/A MAG TYRES 39,900 0.1% 205 ADVANCED CARTRIDGE TRADE 30,000 0.1%
800 BOXQUIP INVESTMENTS P/L 49,937 0.04% 82 ROONEY`S HIRE SERVICE PVT LTD 39,895 0.1% 206 BRAINWEST INVESTMENTS 30,000 0.1%
801 PINELAND TECHNOLOGY 49,900 0.04% 83 GLENTYRE RESOURCES 39,894 0.1% 207 BRIDAL WARDROPE 30,000 0.1%
802 ALPHA MADE IT PVT LTD 49,895 0.04% 84 HUGE CROP 39,878 0.1% 208 CAFEBURY INCORPORATED 30,000 0.1%
803 TLOZ INVESTMENTS 49,884 0.04% 85 MARSHALL FREIGHT FORWARDERS PRIVATE LIMITED 39,877 0.1% 209 BAYROCK RESOURCES 30,000 0.1%
804 UNITED CLOTHING AND SHIRT MANUFACTURERS PVT LTD 49,873 0.04% 86 PEPPERTREE TRADING (PVT) LTD 39,840 0.1% 210 BOM INDUSTRIAL SUPPLIERS PL 30,000 0.1%
805 MECHMAX ZIMBABWE 49,868 0.04% 87 ZIMINX P/L 39,770 0.1% 211 BEANEC ENTERPRISES 30,000 0.1%
806 SIRDAR MANUFACTURERS & PLEATERS 49,854 0.04% 88 TEWSBURY PVT LTD 39,750 0.1% 212 ABATIS INVESTMENTS 30,000 0.1%
807 TRANSEARTH EQUIPMENT 49,835 0.04% 89 TRILLVILLE INVESTMENTS PVT LTD 39,729 0.1% 213 YUSHA ENTERPRISES (PVT) LTD 30,000 0.1%
808 INNOVATIVE PLASTICS PVT LTD 49,820 0.04% 90 AFRI TRUCK AND TRAILERS SPARES 39,647 0.1% 214 AVANOS ENTERPRISES 29,998 0.1%
809 SUPER TECHNOLOGIES 49,812 0.04% 91 WATSIKAYI INVESTMENTS 39,519 0.1% 215 DAECO 29,997 0.1%
810 NAPPON INVESTMENTS 49,788 0.04% 92 ZIMBABWE TRADE EXCHANGE (PVT) LTD 39,500 0.1% 216 CARA BRANDS (PVT) LTD 29,996 0.1%
811 MACALLINE INVESTMENT PVT LTD 49,771 0.04% 93 DAYFORCE INVESTMENTS 39,444 0.1% 217 TOMIC RESOURCES (PVT) LTD 29,992 0.1%
812 BARMORE INVESTMENTS (PVT) LTD 49,711 0.04% 94 LITEFLUSH INVESTMENTS (PVT) LTD 39,441 0.1% 218 ONE EARTH ENTERPRISES PVT LTD 29,990 0.1%
813 WRS SWITCHGEAR (PVT) LTD 49,705 0.04% 95 KITCHEN CRAFT INVESTMENTS 39,319 0.1% 219 TECHNO MAN PVT LTD 29,989 0.1%
814 ZIMBABWE PHARMACEUTICALS 49,688 0.04% 96 GURUVE SOLAR PARK 39,293 0.1% 220 VELYSCIN INVESTMENTS 29,985 0.1%
815 LEMONSEED INVESTMENTS 49,664 0.04% 97 NATURES HARVEST 39,277 0.1% 221 RUVALE RANCHING 29,983 0.1%
816 ESKILL TRADING (PVT) LTD 48,728 0.04% 98 YETHUKANI MOTORS PRIVATE LIMITED 39,229 0.1% 222 GARITON INVESTMENTS 29,983 0.1%
817 M & H EDUCATIONAL SUPPLIERS 48,614 0.04% 99 FRESH OASIS PAPERS (PRIVATE) LIMITED 39,213 0.1% 223 YADEN TRADING PVT LTD 29,980 0.1%
818 FIRST MUTUAL LIFE ASSURANCE COMPANY 48,458 0.04% 100 IZIKO MINERALS 39,200 0.1% 224 TASHLLYT INVESTMENTS (PVT) LTD 29,980 0.1%
819 TENDO ELECTRONICS PRIVATE LIMITED 46,369 0.04% 101 ICLIK (PVT) LTD 39,089 0.1% 225 DREAMGIN INVESTMENTS 29,980 0.1%
820 TOYOTA ZIMBABWE PVT LTD 45,136 0.04% 102 BAKELS ZIMBABWE 39,050 0.1% 226 SELECT BRANDS INVESTMENTS 29,979 0.1%
821 DOMINION MARKETING PVT LTD 44,554 0.04% 103 NEW SAHARA VENTURES 39,006 0.1% 227 AFRIBAGS 29,972 0.1%
822 ZIMKINGS TRADING 43,542 0.04% 104 SHAPETUDE INVESTMENTS 38,915 0.1% 228 TOP NUTRIE BRANDS 29,966 0.1%
823 AE ELECTRICAL LIGHTING & MANUFACTURING 42,033 0.03% 105 ATTICUS INVESTMENTS PL 38,750 0.1% 229 CHUMKAS INVESTMENTS 29,961 0.1%
33,059 0.03% 106 THE MOBILE LAB PRIVATE LIMITED 38,750 0.1% 230 ASPINNOV INVESTMENTS PRIVATE LIMITED 29,956 0.1%
TOTAL 120,143,752 100% 107 NGWARATE ESTATES P/L 38,500 0.1% 231 PROCRETE (PVT) LTD 29,951 0.1%
108 ISIZWE INFINITY PROJECTS 38,200 0.1% 232 ALTERNATE SUPPLY 29,950 0.1%
FOREIGN EXCHANGE AUCTION SYSTEM ALLOTMENTS UNDER THE SMEs 109 TSANGA POWER STATION PVT LTD 38,101 0.1% 233 MECER IT DISTRIBUTION (PRIVATE) LIMITED 29,947 0.1%
AUCTION FOR FEBRUARY 2022 110 NATIVE BRANDS 37,990 0.1% 234 EAGLE WATCH 29,942 0.1%
111 MIDLAND ACRES 37,905 0.1% 235 HWINDI PVT LTD 29,939 0.1%
NO. BIDDER AMOUNT ALLOTTED SHARE 112 SEBASTIAN DURKIN PVT LTD 37,757 0.1% 236 MOMMIES ANGELS (PVT) LTD 29,935 0.1%
1 PURPLEGRID INVESTMENT GROUP P/L (US$) (%) 113 IMARA TRUSS & TIMBER COMPANY 37,527 0.1% 237 BUILDERS ONE STOP PVT LTD 29,930 0.1%
2 REDMARK SERVICES 56,540 0.2% 114 GREAT FORTUNES 37,486 0.1% 238 WAVERLEY BLANKETS PRIVATE LIMITED 29,920 0.1%
3 K W ENTERPRISES PVT LTD 55,656 0.2% 115 T.C.I INTERNATIONAL 37,350 0.1% 239 NEL AND SONS T/A MUKONONO 29,905 0.1%
4 DIRECT IMPACT INVESTMENTS PRIVATE LIMITED 54,444 0.2% 116 MULTIMETER ELECTRONICS 37,150 0.1% 240 LAPTOP WORLD 29,901 0.1%
5 SHAPE IT ADHESIVES 53,698 0.2% 117 ATRAK INVESTMENTS 37,000 0.1% 241 NESTANET PVT LTD 29,900 0.1%
6 NYANGANI INDUSTRIES PVT LTD 51,920 0.2% 118 ELENGROW INVESTMENTS P/L 36,738 0.1% 242 GLOBECITY INVESTMENTS (PVT) LTD 29,893 0.1%
7 MARADES INVESTMENTS 50,801 0.2% 119 LI YONG 36,708 0.1% 243 RISURGE ENGINEERING P/L 29,892 0.1%
8 INTABA TRADING (PVT) LTD 50,500 0.2% 120 SHUNGWASHA INVESTMENTS 36,519 0.1% 244 JONPRIS FOUNDATION 29,890 0.1%
9 KERSHELMAR DAIRIES (PVT) LTD 50,211 0.2% 121 SAKIO INVESTMENTS (PVT) LTD 36,487 0.1% 245 HAMDRILL ENTERPRISES PRIVATE LIMITED 29,889 0.1%
10 TOBS STRONG 49,802 0.2% 122 SATCHMO INVESTMENTS 36,190 0.1% 246 TANISHA ENTERPRISES 29,886 0.1%
11 BITUCHEM 49,672 0.2% 123 NICOLAS SCALE COMPANY PVT LTD 36,139 0.1% 247 VEHURRY ENTERPRISES PTY LTD 29,878 0.1%
12 OLYMPIUS INVESTMENTS 49,171 0.2% 124 DOBBERLAND INVESTMENTS 36,065 0.1% 248 KUDZAI HWAMI 29,870 0.1%
13 BOARDEX ZIMBABWE 47,823 0.2% 35,988 0.1% 29,865 0.1%
14 FLUERIE (PVT) LTD 47,000 0.2%
15 YANO MUSH 46,763 0.2%
16 AAYU PACKAGING PRIVATE LIMITED 46,170 0.2%
17 KOTAVO ENTERPRISES 45,402 0.2%
18 MCCARTNEY INVESTMENTS 44,881 0.2%
19 BARREL ENGINEERS & FOUNDERS 44,835 0.2%
20 NCP DISTILLERS ZIMBABWE 44,204 0.2%
21 ROSHANI INVESTMENTS 44,184 0.2%
22 KNELLER ENTERPRISES 43,785 0.2%
43,325 0.2%

NewsHawks Reframing Issues Page 47

Issue 71, 11 March 2022

NO. BIDDER AMOUNT ALLOTTED SHARE NO. BIDDER AMOUNT ALLOTTED SHARE NO. BIDDER AMOUNT ALLOTTED SHARE
(US$) (%) (US$) (%) (US$) (%)
249 DATA CARE CORPORATION PVT LTD 370 ALTICO GLOBAL
UNITED CLOTHING AND SHIRT MANUFACTURERS 29,861 0.1% 371 DUMILE INVESTMENTS PL 23,267 0.1% 491 DECOICE ENTERPRISES PVT LTD 20,000 0.1%
372 BERTECH P/L 23,136 0.1% 492 ENERGETIX SOLUTIONS 20,000 0.1%
250 PVT LTD 29,850 0.1% 373 RAYONI INVESTMENTS 23,010 0.1% 493 DOSBAI INVESTMENTS 20,000 0.1%
251 XINHANG INVESTMENTS P/L 29,828 0.1% 374 POWEREX PVT LTD 23,000 0.1% 494 DENAGU 20,000 0.1%
252 ZUETERS INVESTMENTS 29,824 0.1% 375 EDWIN EDWARD GUMBO 23,000 0.1% 495 CHISELLER SERVICES PVT LTD 20,000 0.1%
376 GRINDSBERG INVESTMENTS PVT LTD 23,000 0.1% 496 EMMANUEL MASIMBU MATIMBA 20,000 0.1%
ENERGY CONSUMABLES DISTRIBUTOR 29,824 0.1% 377 ABITRAGE TRADING 22,989 0.1% 497 CLOVERBANK (PRIVATE) LIMITED 20,000 0.1%
253 S PRIVATE LIMITED 29,820 0.1% 378 ESPN TRUCKING 22,883 0.1% 498 DEZICE SOLUTIONS (PVT) LTD 20,000 0.1%
254 CPF HOLDINGS 29,818 0.1% 379 DIGI HOME AND CORPORATIONS 22,870 0.1% 499 DASAPA PVT LTD 20,000 0.1%
255 COLDRO INVESTMENTS (PVT) LTD 29,808 0.1% 380 C AND Z INVESTMENTS PRIVATE LIMITED 22,860 0.1% 500 DEAN MUSIIWA 20,000 0.1%
256 MULTI FAST INVESTMENTS 29,789 0.1% 381 WILLIAM OVER PHOTOGRAPHIC 22,825 0.1% 501 DEN TRANS P/L 20,000 0.1%
257 TOPSCOTCH INVESTMENTS (PVT) LTD 29,787 0.1% 382 AT TELECOMS 22,805 0.1% 502 DEPEND ON IT PVT LTD 20,000 0.1%
258 AMES ENGINEERING 29,779 0.1% 383 CSU TECHNOLOGIES (PVT) LTD 22,805 0.1% 503 EASY BUSINESS TWO SIX THREE P/L 20,000 0.1%
259 GRID TRANSMISSION PVT LTD 29,775 0.1% 384 PHOENIX CONSOLIDATED T/A SCANDIA STEEL WIRE 22,696 0.1% 504 CLASSIC ENERGY 20,000 0.1%
260 KUDACHOGA INVESTMENTS 29,770 0.1% 385 CATCH THE WAVE (PVT) LTD 22,670 0.1% 505 DUO VALLEY COMMODITY BROKERS 20,000 0.1%
261 ELECTRA INSTALLATIONS 29,750 0.1% 386 WESTMORELAND PROPERTIES 22,593 0.1% 506 DURO PARTS 20,000 0.1%
262 TANMAC TRADING P/L 29,699 0.1% 387 ESSCO FOODS 22,482 0.1% 507 ARASEE SOLUTIONS P/L 20,000 0.1%
263 INDUSTRIAL PROCUREMENTS 29,692 0.1% 388 TAYDINE INVESTMENTS 22,385 0.1% 508 CATHYBRIGHT ENTERPRISES 20,000 0.1%
264 RANA BROTHERS 29,679 0.1% 389 FURBANK TRADING (PVT) LTD 22,337 0.1% 509 CAPEVALLEY PROPERTIES 20,000 0.1%
265 NAYCOM TRADING 29,672 0.1% 390 TAP & GET TRADING PVT LTD 22,266 0.1% 510 ALMOND EYED INVESTMENTS PVT LTD 20,000 0.1%
266 ROLLING STONE 29,668 0.1% 391 ETRAN ENTERPRISES 22,150 0.1% 511 CENTRAL AFRICA DEVELOPMENT P/L 20,000 0.1%
267 PANDAITSI ENTERPRISES 29,663 0.1% 392 XIN ZHOU 22,136 0.1% 512 ALPHAZAY 20,000 0.1%
268 VIVAPOWER PRIVATE LIMITED 29,653 0.1% 393 A AND N LAMBOURN 22,125 0.1% 513 CALVIN HANGAMA 20,000 0.1%
269 COLORPLAST ZIMBABWE P/L 29,646 0.1% 394 WEPROC PVT LTD 22,085 0.1% 514 CANELOX INVESTMENTS (PVT) LTD 20,000 0.1%
270 ARKREW CONSTRUCTION PVT LTD 395 A GRADE AGRICULTURE 22,068 0.1% 515 BALIDSON RESOURCE & CAPITAL EQUIPMENT 20,000 0.1%
29,639 0.1% 396 CYCLEPOWER HARDWARE CENTRE (PVT) LTD 22,050 0.1% 516 BINUM INVESTMENTS P/L 20,000 0.1%
STUB MECHANICAL AND ELECTRICAL ENGINEERS 29,607 0.1% 397 FIELD PROWESS 22,029 0.1% 517 BURMA OIL HOLDINGS PRIVATE LIMITED 20,000 0.1%
271 PVT LTD 29,508 0.1% 398 FAMATINA INVESTMENTS (PVT) LTD 22,000 0.1% 518 BIVETY INVESTMENTS PVT LTD 20,000 0.1%
272 CYBERDIGITAL TECHNOLOGIES PRIVATE LIMITED 29,500 0.1% 399 ABBIAMO TRADING P/L 22,000 0.1% 519 ASTROPEC ENTREPRISES 20,000 0.1%
273 RUROCHROME INVESTMENTS 29,430 0.1% 400 FLOSSY HOMES 22,000 0.1% 520 AFRICA ON SOLAR PVT LTD 20,000 0.1%
274 BLACKALPHA RESOURCES PVT LTD 29,415 0.1% 401 DARTEX INVESTMENTS 21,997 0.1% 521 METRO ICT ZIMBABWE (PVT) LTD 20,000 0.1%
275 ZIMBABWE SPINNERS AND WEAVERS 29,370 0.1% 402 HERNMERG INTERNATIONAL SERVICES 21,949 0.1% 522 TERRAMAK INVESTMENTS 19,999 0.1%
276 FRAMPOL INVESTMENTS (PVT) LTD 29,289 0.1% 403 GOLD VALLEY INVESTMENTS 21,942 0.1% 523 JOANNA A. MUKUNGA 19,999 0.1%
277 ACECORP PRIVATE LIMITED 29,281 0.1% 404 BULLION HEALTHCARE (PRIVATE) LIMITED 21,533 0.1% 524 AZELE RESOURCES (PVT) LTD 19,999 0.1%
278 WMT PHARMACEUTICALS P/L 29,273 0.1% 405 EASTERN FOREST 21,523 0.1% 525 MOBILEPLUS (PRIVATE) LIMITED 19,998 0.1%
279 UK ELECTRICAL 29,264 0.1% 406 VANTOSS ENTEPRISES 21,233 0.1% 526 KARZA TECHNOLOGIES PVT LTD 19,997 0.1%
280 AAROLIN TRADING PVT LTD 29,200 0.1% 407 MICRO MAN PVT LTD 21,178 0.1% 527 HEBDEN ENTERPRISES 19,996 0.1%
281 MYRIAD DEVELOPMENT 29,194 0.1% 21,146 0.1% 528 EASYCOUNT INVESTMENTS 19,996 0.1%
282 GLOFEX PVT LTD 29,144 0.1% MARK XTRA PACKAGING 529 HANAWA SUPER FOODS P/L 19,996 0.1%
283 PALEMOON INVESTMENTS 29,065 0.1% 408 EQUIPMENT & CONSUMABLES 20,903 0.1% 530 SAFAST LOGISTICS 19,995 0.1%
284 JUSTIN MATENDA 29,009 0.1% 409 INXSOL CHEMICALS PVT LTD 20,896 0.1% 531 AMALGAMATED ENGINEERS 19,995 0.1%
285 LUIPARDAL INVESTMENTS 29,000 0.1% 410 PURLEIGH INVESTMENTS PRIVATE LIMITED 20,620 0.1% 532 RISINGSTAR MOTORS P/L 19,995 0.1%
286 GOVERNMENT PENSIONS OFFICE 29,000 0.1% 411 POMONA STEEL AND FENCING 20,596 0.1% 533 THE DÉCOR BARN (PVT) LTD 19,995 0.1%
287 PLANET PHARMACEUTICALS AND CHEMICALS 28,991 0.1% 412 KUSONA TRADING (PVT) LTD 20,585 0.1% 534 MUTIZE LOCKSMITH 19,993 0.1%
288 PLATINUM HYGIENE PRIVATE LIMITED 28,962 0.1% 413 FEMINA GARMENTS 20,580 0.1% 535 PLAYTIME MANUFACTURERS (PVT) LTD 19,993 0.1%
289 CONGATE ENTERPRISES 28,900 0.1% 414 MASIYA DENFORD 20,541 0.1% 536 BRAINSCOPE INVESTMENTS 19,990 0.1%
290 RHAEGAL PHARMACEUTICALS 28,839 0.1% 415 BASIYANA NINA ALABI 20,330 0.1% 537 PEARLS OPTICIANS 19,988 0.1%
291 VITALHOPE INVESTMENTS (PVT) LTD 28,825 0.1% 416 STODART AGRIELECT P/L 20,300 0.1% 538 FLAME-ROW INCORPORATED (PVT) LTD 19,988 0.1%
292 PROSPERAJ ELETRICAL AND SOLAR PVT LTD 28,811 0.1% 417 FAXFORD 20,089 0.1% 539 MWENJE TECHNOLOGIES 19,985 0.1%
293 SKIP IT WASTE MANAGEMENT 28,790 0.1% 418 GOFARM PRIVATE LIMITED 20,061 0.1% 540 NEWMATIC TOOL COMPANY P/L 19,983 0.1%
294 LOCKER FUEL PRIVATE LIMITED 28,789 0.1% 419 INTERGRATED HYGIENE SYSTEMS 20,022 0.1% 541 SPECTRUM ENGINEERING (PRIVATE) LIMITED 19,978 0.1%
295 REECE INFINITY MARKETING PVT LTD 28,699 0.1% 420 VARAIDZO MUCHEHIWA 20,000 0.1% 542 GLENTRONICS TECHNOLOGY 19,978 0.1%
296 PANAROB INVESTMENTS P/L 28,691 0.1% 421 TYLER`S CATERING COMPANY 20,000 0.1% 543 MORBMAN LOGISTICS PRIVATE LIMITED 19,978 0.1%
297 FOOD AND INDUSTRIAL PROCESSORS ZIMBABWE 28,674 0.1% 422 YUTOP PVT LTD 20,000 0.1% 544 ARTISAN TRADING 19,975 0.1%
298 ORBANVILLE INVESTMENTS 28,587 0.1% 423 ZADA GRANITE BULAWAYO 20,000 0.1% 545 RAYDEN INCORPORATED 19,974 0.1%
299 DIGNITY SOLUTIONS 28,288 0.1% 424 VIMBIKA TRADING (PVT) LD 20,000 0.1% 546 TAKUPA TRANSPORTERS 19,974 0.1%
300 ISAAC LEVY 28,284 0.1% 425 VISIONSTAR PVT LTD 20,000 0.1% 547 EUROSTYLE TRADING PL 19,971 0.1%
301 WEST AGENCIES (PVT) LTD 28,009 0.1% 426 YAFEI ENTERPRISES P/L 20,000 0.1% 548 WELLINGTON MAGARABA 19,970 0.1%
302 HAPPYYEAR INVESTMENTS 28,000 0.1% 427 THAMFIELD TRADING 20,000 0.1% 549 GSTAR PRIVATE LIMITED 19,970 0.1%
303 ARCRIDGE ENTERPRISES 27,941 0.1% 428 VONLET TRADING P/L 20,000 0.1% 550 AVATAR MEDICALS 19,969 0.1%
304 CASUAL WORLD INVESTMENTS 27,881 0.1% 429 YEARSIGNS INVESTMENTS (PVT) LTD 20,000 0.1% 551 ENDOINC (PRIVATE) LIMITED 19,967 0.1%
305 TENSON BVEKWA 27,880 0.1% 430 SONDELANI RANCHING PL 20,000 0.1% 552 ALYSASH ENTERPRISES (PVT) LTD 19,967 0.1%
306 REAL ANCHOR 27,800 0.1% 431 RESOURCEBANK (PVT) LTD 20,000 0.1% 553 TRUSTMORE DZINORUMA 19,966 0.1%
307 WE BUY OLD BATTERIES PVT LTD 27,750 0.1% 432 SUNNY AFRICA PROPERTY MANAGEMENT (PVT) LTD 20,000 0.1% 554 NIGEL FROST 19,964 0.1%
308 MERLIN LOGISTICS 27,559 0.1% 433 STANCHEM PRIVATE LIMITED 20,000 0.1% 555 MARTL TRUST PVT LTD 19,963 0.1%
309 VICKY GATES INVESTMENTS 27,417 0.1% 434 TAMINKY INVESTMENTS P/L 20,000 0.1% 556 SAMMATO IMPORT AND EXPORT 19,960 0.1%
310 SHEFFIELD CAPITAL VENTURES 27,110 0.1% 435 SITHAM INVESTMENTS P/L 20,000 0.1% 557 ARTIN INCORPORATION 19,956 0.1%
311 BULK COMMODITIES 27,071 0.1% 436 STRYKER INTERNATIONAL 20,000 0.1% 558 JORAM MUNIKWA 19,956 0.1%
312 LABMORE INVESTMENTS (PRIVATE) LIMITED 27,000 0.1% 437 SKYGATE HOLDINGS 20,000 0.1% 559 PROVEN INCOME INVESTMENTS 19,955 0.1%
313 PHARMACURE DISTRIBUTORS 27,000 0.1% 438 SUNPOINT ENTERPRISES 20,000 0.1% 560 BLUETEK INVESTMENTS P/L 19,950 0.1%
314 SEARCH TYRE CENTRE 27,000 0.1% 439 SLS MARKETING AND BRANDING 20,000 0.1% 561 HARARE LIGHT RAIL PVT LTD 19,950 0.1%
315 SPROUTLOGIC CHEMICALS 26,996 0.1% 440 ROADBELT INVESTMENTS 20,000 0.1% 562 HERPSONS ENGINEERING T/A HEMS AFRICA 19,949 0.1%
316 LIGHTGROOVE INVESTMENTS (PVT) LTD 26,771 0.1% 441 TASKBRANDS 20,000 0.1% 563 KUBOTA ENGINEERING 19,946 0.1%
317 MOBILE KENTUCKY (PVT) LTD 26,739 0.1% 442 SHANDA ENERGY PVT LTD 20,000 0.1% 564 QUEST PAINTS (PVT) LTD 19,945 0.1%
318 BREEZEFLOW INVESTMENTS (PVT) LTD 26,425 0.1% 443 SAMSTAG (PRIVATE) LIMITED 20,000 0.1% 565 POLYVISION 19,939 0.1%
319 ZEE FARMING VENTURES PVT LTD 26,362 0.1% 444 ROYGET INVESTMENTS (PVT) LTD 20,000 0.1% 566 RAKITEN SOLAR ENERGY SYSTEMS 19,938 0.1%
320 BURN -IVORY ENTERPRISES (PVT) LTD 26,360 0.1% 445 RESHUFFLE PVT LTD 20,000 0.1% 567 BOWTRESS SERVICES (PVT) LTD 19,934 0.1%
321 SANIE-HANDS 26,351 0.1% 446 SCENT SEI 20,000 0.1% 568 APPLIED CONTROLS 19,931 0.1%
322 TESTA CONCRETE TECHNOLOGY 26,000 0.1% 447 PURE IMPACT 20,000 0.1% 569 JERRYPAT ELECTRICALS 19,926 0.1%
323 GRANITESIDE CHEMICALS P/L 26,000 0.1% 448 MULTI DYNAMICS INVESTMENTS (PVT) LTD 20,000 0.1% 570 TWO STRIDE INVESTMENTS 19,922 0.1%
324 WHEAT STAR (PVT) LTD 26,000 0.1% 449 NOHETS INTERCONNECT AFRICA 20,000 0.1% 571 SENGABAY PVT LTD T/A ROCKSOLID CONSTRUCITON 19,920 0.1%
325 STEADY BASIS 25,946 0.1% 450 PLASTILINK (PVT) LTD 20,000 0.1% 572 LEWALEVU TRADING PBC 19,915 0.1%
326 AQUABRIDGE (PVT) LTD 25,945 0.1% 451 MUBOKO ENTERPRISES 20,000 0.1% 573 OSTELLE INVESTMENTS 19,914 0.1%
327 FUTURE FOCUS ZIMBABWE 25,868 0.1% 452 NOVAFEED PVT LTD 20,000 0.1% 574 JOHN DILMITIS 19,905 0.1%
328 PHILP &WATSON PLANT HIRE 25,754 0.1% 453 QUEST HUB SOLUTIONS (PVT) LTD 20,000 0.1% 575 EQSTRA TRADING (PVT) LTD 19,900 0.1%
329 INGWE SAFARIS 25,658 0.1% 454 PRONISH ENGINEERING PVT LTD 20,000 0.1% 576 WEBTEX 19,900 0.1%
330 FYCE INVESTMENTS (PVT) LTD 25,600 0.1% 455 NOMELA LOGISTICS PRIVATE LIMITED 20,000 0.1% 577 MAKONDE ENERGY PRIVATE LIMITED 19,888 0.1%
331 PUREAGRI AFRICA LIMITED 25,599 0.1% 456 NETOMBO RESOURCES 20,000 0.1% 578 TE MOTORS 19,887 0.1%
332 FORTSIGN INVESTMENTS TA FENCE AND FRAME 25,491 0.1% 457 ONRUS INVESTMENTS 20,000 0.1% 579 ONE FISHERIES PVT LTD 19,883 0.1%
333 FLOOKTEX ENTERPRISES (PVT) LIMITED 25,424 0.1% 458 PANPICK TRADING PVT LTD 20,000 0.1% 580 AFRITRACTORS ZIMBABWE 19,881 0.1%
334 LAWP ENTERPRISES 25,327 0.1% 459 PFUPIRO INVESTMENTS 20,000 0.1% 581 CULLINAN (PVT) LTD 19,878 0.1%
335 COMPUSIGN AND GRAPHICS 25,262 0.1% 460 LEAPIUM 20,000 0.1% 582 JESTER MEDIA SERVICES 19,872 0.1%
336 LOGIXTA ZIM PVT LTD 25,204 0.1% 461 MAXXI HOLDINGS (PVT) LTD 20,000 0.1% 583 FARAI CHIKUWA 19,870 0.1%
337 INDALE ENTERPRISES PRIVATE LIMITED 25,000 0.1% 462 LAVANTE TRADING 20,000 0.1% 584 VISUAL PLASTICS (PVT) LTD 19,864 0.1%
338 TIGERWEB P/L 25,000 0.1% 463 MICHAEL ANDWELE 20,000 0.1%
339 SOFTEX TISSUE PRODUCTS 25,000 0.1% 464 MINA NAWE TRADING PRIVATE LIMITED 20,000 0.1% STABLE TECHNOLOGIES T/A PANASONIC 19,860 0.1%
340 STEELHUB (PVT) LTD 25,000 0.1% 465 KATEKWE PETROLEUM T/A TANAKA INVESTMENTS 20,000 0.1% 585 BUSINESS SYSTEMS 19,860 0.1%
341 MURRAY RESOURCES (PVT) LTD 25,000 0.1% 466 MIRIAM MUNYAWARARA 20,000 0.1% 586 RANSFORD MANUFACTURING PRIVATE LIMITED 19,859 0.1%
342 PEENER TRADING 25,000 0.1% 467 MISTAL ENTERPRISES 20,000 0.1% 587 MASAL INVESTMENTS 19,858 0.1%
343 MINRES TRADING 25,000 0.1% 468 KENDRICK KAYLA 20,000 0.1% 588 NILOC TRADERS PVT. LTD. 19,857 0.1%
344 LASTMARK VENTURES PL 25,000 0.1% 469 LAMAPEX PACKAGING 20,000 0.1% 589 COMMUTA WIRELESS PVT LTD 19,854 0.1%
345 COSPHARM INVESTMENTS PRIVATE LIMITED 25,000 0.1% 470 MAWABENI DESIGNS 20,000 0.1% 590 OKRA ENTERPRISES (PVT) LTD 19,841 0.1%
346 EDBUNAA ENTERPRISES (PVT) LTD 24,988 0.1% 471 LOTBRANDS PRIVATE LIMITED 20,000 0.1% 591 DENZAMB HOLDINGS PRIVATE LIMITED 19,838 0.1%
347 BLUE CRUST INVESTMENTS 24,983 0.1% 472 HENGARY INVESTMENTS PVT LTD 20,000 0.1% 592 ASTRO ACE ENTERPRISES 19,837 0.1%
348 OBGLA SALES 24,974 0.1% 473 FOLD CONSOLIDATED CAPITAL 20,000 0.1% 593 CASHVILLE INVESTMENTS 19,836 0.1%
349 MAGFLEX 24,956 0.1% 474 IT MERGE 20,000 0.1% 594 SWITCH LIGHTING 19,836 0.1%
350 ALUMEN SHOPFITTERS 24,945 0.1% 475 FLEXBRIDGE 20,000 0.1% 595 YOGI PLASTICS
351 TOPPERS UNIFORMS PVT LTD 24,739 0.1% 476 FORTUNEDRIVE ENTERPRISES 20,000 0.1% 19,832 0.1%
352 DAMARIS INVESTMENTS 24,665 0.1% RIGHTMARK INVESTMENTS (PV) LTD 19,831 0.1%
353 SKYFAIR INVESTMENTS PVT LTD 24,465 0.1% INFRASTRUCTURE DEVELOPMENT 20,000 0.1% 596 T/A BARONS MOTOR SPARES 19,826 0.1%
354 TOMBILL TRADING 24,457 0.1% 477 BANK OF ZIMBABWE 20,000 0.1% 597 BIG BROTHER FEEDS 19,811 0.1%
355 JEANETTE MAZONDE 478 GAMUCHIRAI KAHWITI CHIZHWENDE 20,000 0.1% 598 PUNGWE B POWER STATION PVT LTD 19,800 0.1%
356 WAVE MARKETING 24,400 0.1% 479 GARMET INVESTMENTS 20,000 0.1% 599 JC RAYS PRIVATE LIMITED 19,800 0.1%
24,362 0.1% 480 IYNOTTE INVESTMENTS 20,000 0.1% 600 WILLGREEN INVESTMENTS 19,800 0.1%
CHEMICAL PROCUREMENT 24,282 0.1% 481 GOMEX SUPPLIES 20,000 0.1% 601 STADIC DISTRIBUTORS 19,796 0.1%
357 SERVICES AFRICA (PVT) LTD 24,046 0.1% 482 JANE CHIKARI 20,000 0.1% 602 INNOMATS MEDICAL PVT LTD 19,785 0.1%
358 MR CONTAINER P/L 24,000 0.1% 483 FOOTPRINT INVESTMENTS 20,000 0.1% 603 AVANTVEST CAPITAL PVT LTD 19,782 0.1%
359 CONTIGAIN CONSTRUCTION 24,000 0.1% 484 HYPERFEEDS ANIMAL NUTRITION 20,000 0.1% 604 TROXINE TRADING PVT LTD 19,779 0.1%
360 BIOPHARM 23,924 0.1% 485 HEYDAY LOGISTICS 20,000 0.1% 605 BARRY AND CHRIS EXOTIC LEATHER 19,761 0.1%
361 NOTRENIKE INVESTMENTS 23,922 0.1% 486 GLANMOT MANUFACTURING 20,000 0.1% 606 OGONVILLE INVESTMENTS 19,760 0.1%
362 BULLION MARKETING & LOGISTICS 23,901 0.1% 487 JONATHAN MAROWESO 20,000 0.1% 607 AFRICAN BULK LOGISTICS 19,759 0.1%
363 BASELINE SEVEN PVT LTD 23,690 0.1% 488 INVICTUS STEEL AFRICA 20,000 0.1% 608 ROTH AND CORLEONE 19,752 0.1%
364 PRIME AND STANDBY POWER SUPPLIES 23,650 0.1% 489 GRAPEVINE DISTRIBUTORS 20,000 0.1% 609 LETABA ZIMBABWE 19,744 0.1%
365 STENID INVESTMENTS 23,431 0.1% 490 EMILIA CHISANGO 610 NEWMAN MUSEVE
366 RINGROAD INVESTMENTS (PVT) LTD 23,362 0.1% 611 ROCKRIGHT TRADERS
367 REPOQUAD
368 NAVIDALE TEXTILES
369 BRITA CHEMICAL COMPANY

Page 48 Reframing Issues NewsHawks

Issue 71, 11 March 2022

NO. BIDDER AMOUNT ALLOTTED SHARE NO. BIDDER AMOUNT ALLOTTED SHARE NO. BIDDER AMOUNT ALLOTTED SHARE
(US$) (%) (US$) (%) (US$) (%)
612 RD ARCHITECTURAL ALUMINIUM 733 CITY GLASS & PAINT SUPPLIERS PVT LTD
613 KOMISANI BALOYI 19,737 0.1% 734 A G FRANCEYS AND SONS 15,918 0.1% 854 UNICROFT INVESTMENTS 10,000 0.04%
614 KIDSMART PVT LTD 19,727 0.1% 735 PROCHEM PVT LTD 15,861 0.1% 855 WAITIRI FARM 10,000 0.04%
615 PROSPEROUS DAYS INVESTMENTS 19,718 0.1% 736 JP DILMITIS PVT LTD 15,835 0.1% 856 TONHOP INVESTMENTS 10,000 0.04%
616 EARTHEN FIRE 19,710 0.1% 737 SCENTPRO ENTERPRISES 15,749 0.1% 857 TRANSITION GASES 10,000 0.04%
617 VIVAT HEALTH PHARMACY PRIVATE LIMITED 19,708 0.1% 738 POLYWORLD TRADING (PVT) LTD 15,694 0.1% 858 VIRENDRAKUMAR RANCHOD 10,000 0.04%
618 SHILOL AFRICA INVESTMENTS P/L 19,702 0.1% 739 EFFECTIVE TRANSPORT SOLUTIONS 15,676 0.1% 859 WINNING SALES AND DISTRIBUTORS 10,000 0.04%
619 ZIMBABWE PHARMACEUTICALS 19,646 0.1% 740 HAMA TRADE CORPORATION 15,602 0.1% 860 TENDAYI GWATIRINGA 10,000 0.04%
620 SYNDICATED RESOURCES 19,644 0.1% 741 BECHR FILING CONCEPTS (PVT) LTD 15,456 0.1% 861 VALSA SUSTAINABLE 10,000 0.04%
621 MASHFLOCK INVESTMENTS 19,640 0.1% 742 ZIMBO CAPITAL 15,400 0.1% 862 VAAL LILLY PVT LTD 10,000 0.04%
622 ASPHALT PRODUCTS (PVT) LTD 19,640 0.1% 743 AGRIMAP PVT LTD 15,147 0.1% 863 TWM DIGITAL SOLUTIONS (PVT) LTD 10,000 0.04%
623 AVONDALE MEDICAL SURGERY 19,636 0.1% 744 TREOAK HOLDINGS 15,063 0.1% 864 TRUSCATH LOGISTICS 10,000 0.04%
624 KINGLAND REAL ESTATE 19,618 0.1% 745 TICOZ ENTERPRISES 15,000 0.1% 865 THOMAS RASHAMIRA 10,000 0.04%
625 PERFORMANCE DYNAMICS PBC 19,606 0.1% 746 PROGRIP INCORPORATED PVT LTD 15,000 0.1% 866 ZIMBABWE VETERINARY IMPORTS 10,000 0.04%
626 FINAL CONTRACT 19,600 0.1% 747 KANSAZ INVESTMENTS (PRIVATE) LIMITED 15,000 0.1% 867 THE BUFFALO BREWING COMPANY PRIVATE LIMITED 10,000 0.04%
627 MASIMBA PROPERTIES 19,600 0.1% 748 GMR EASTWOOD PVT LTD 15,000 0.1% 868 TAX DRIVEN INVESTMENTS 10,000 0.04%
628 TEDEUM ENT T/A CR RANCHING 19,594 0.1% 749 HOWESIT FARMING PRIVATE LIMITED 15,000 0.1% 869 ULTRA GRAND PVT LTD 10,000 0.04%
629 MIKELEDI RESOURCES CORPORATION 19,589 0.1% 750 CHANDIWANA MINES 15,000 0.1% 870 WILLARD LAWRENCE MUSHOVE 10,000 0.04%
630 DENALLARE TECHNOLOGIES PVT LTD 19,589 0.1% 751 AMADEOUS TUGWETE 15,000 0.1% 871 YOUNGSTOWN ENTERPRISES 10,000 0.04%
631 OPEN CURVE INVESTMENTS PRIVATE LIMITED 19,578 0.1% 752 BILLPAY PVT LTD 15,000 0.1% 872 TSITSI MARIMO 10,000 0.04%
632 SECURE PRIM INVESTMENTS 19,576 0.1% 753 ANYTIME PLASTICS 15,000 0.1% 873 ZALSEN PVT LTD 10,000 0.04%
633 SHERWOOD PARK ESTATE PVT LTD 19,564 0.1% 754 SHEMAIKU INVESTMENTS (PVT) LTD 14,986 0.1% 874 VIDAMAC 10,000 0.04%
634 KARIMBA ESTATES JOINT VENTURE 19,558 0.1% 755 MAK CAB PVT LTD 14,940 0.1% 875 ZIMBABWE HEALTHCARE IMPORTS 10,000 0.04%
635 MBUDUMA INVESTMENTS 19,544 0.1% 756 LABEL FLEX (PRIVATE) LIMITED 14,765 0.1% 876 VALLEY VISIONS 10,000 0.04%
636 SNAPCLASH INVESTMENTS (PVT) LTD 19,535 0.1% 757 MOORES FARMING 14,679 0.1% 877 VONLET TRADING PRIVATE LIMITED 10,000 0.04%
637 CLEARBASE CLOTHING 19,525 0.1% 758 FUTURE TIDE INVESTMENTS 14,607 0.1% 878 VELTGIN INTERNATIONAL P/L 10,000 0.04%
638 TOK AGRICULTURE 19,517 0.1% 759 MIDLANDS PRINTERS AND STATIONERS 14,446 0.1% 879 VICTOR KUCHOCHA 10,000 0.04%
639 BENEDETTO TRADING (PRIVATE) LIMITED 19,500 0.1% 14,440 0.1% 880 VAINONA RESOURCES 10,000 0.04%
19,473 0.1% PHOENIX CONSOLIDATED INDUSTRIES LTD 881 ZYNMAT HEALTHCARE 10,000 0.04%
PRIMEPEP SERVICES PRIVATE LIMITED 760 TA WILLIAM SMITH AND GOUROCK 14,315 0.1% 882 ZUREA INVESTMENTS PVT LTD 10,000 0.04%
640 TA TRADECOM AFRICA 19,456 0.1% 761 CAROLINE CHANAKIRA 14,245 0.05% 883 WHIRLWYN TRADING 10,000 0.04%
641 HOME AND KITCHENWARE 19,441 0.1% 762 CUNARD INVESTMENTS (PVT) LTD 14,189 0.05% 884 RESTAPEDIC BEDDING 10,000 0.04%
642 FORMULA CHEMICALS PVT LTD 19,435 0.1% 763 POWERSTAR INVESTMENTS 14,142 0.05% 885 STEMUS SOLUTIONS 10,000 0.04%
643 TOTAL PROPERTY SOLUTIONS 19,413 0.1% 764 B H E TECHNICAL SERVICES (PVT) LTD 13,871 0.05% 886 STATUS QUO FASHIONS PVT LTD 10,000 0.04%
644 VITA NOVA PVT LTD 19,386 0.1% 765 SAMELAND INVESTMENTS PVT LTD 13,855 0.05% 887 SALOME MOTOR SPARES 10,000 0.04%
645 COLTRONICS PVT LTD 19,359 0.1% 766 BARBARA CHIVANDIRE 13,744 0.05% 888 REXMARK INVESTMENTS 10,000 0.04%
646 VORDIM TRADING PVT LTD 19,342 0.1% 767 TRANSMOBILE TECHNOLOGIES 13,709 0.05% 889 RIGHTFLOWER INVESTMENTS 10,000 0.04%
647 LAUSIDE TRADING 19,300 0.1% 768 BARNABAS VERA 13,705 0.05% 890 SUNRAY ZAMBEZI INVESTMENTS 10,000 0.04%
648 BELTS N HOSES PVT LTD 19,249 0.1% 769 EUNICE NONOKAI MUGABE 13,677 0.05% 891 SERENADE TECH COMPUTERS 10,000 0.04%
649 DUOPSTONE SERVICES (PVT) LTD 19,210 0.1% 770 FISCAL SUPPORT SERVICES 13,660 0.05% 892 STEELMAKERS ZIMBABWE (PVT) LTD 10,000 0.04%
650 THERMAL SEED POTATO 19,197 0.1% 771 ENCASH ENTERPRISES 13,565 0.05% 893 SINEWS INVESTMENTS 10,000 0.04%
651 OKI PRINTERS (PVT) LTD 19,171 0.1% 772 GENFIN MEDICAL AID FUND 13,407 0.05% 894 RURAMAI TRADING 10,000 0.04%
652 TOPARCH SOLUTIONS 19,117 0.1% 773 CHIRIKURE FARAI 13,359 0.05% 895 SOLGAS PVT LTD 10,000 0.04%
653 ULTIMATE FIRE PROTECTION ENGINEERS PVT LTD 19,076 0.1% 774 LAKE HARVEST DISTRIBUTION PL 13,291 0.05% 896 SHUBNIT 10,000 0.04%
654 LIGHTING WORLD (PVT) LTD 19,046 0.1% 775 DANDY ZIMBABWE PRIVATE LIMITED 13,187 0.05% 897 SMILEX BEAUTY AND HYGIENE COMPANY 10,000 0.04%
655 POSITIVE TYRES PRIVATE LIMITED 19,038 0.1% 776 POWERFUL GRAND INDUSTRIES 13,181 0.05% 898 SABLE TRUST 10,000 0.04%
656 TRANSYS SOLUTIONS 19,000 0.1% 777 TACHIB ENGINEERING PVT LTD 13,174 0.05% 899 SYNERGY BISCUITS 10,000 0.04%
657 SOLID VISION TECHNOLOGIES P/L 18,999 0.1% 778 A R M HEYES OPTOMETRIST (PVT) LTD 13,084 0.05% 900 ROARING RIVER RANGE 10,000 0.04%
658 LINTA RESOURCES PVT LTD 18,942 0.1% 779 TWINFLO 13,071 0.05% 901 SYSAGE PVT LTD 10,000 0.04%
659 VECTOR TECHHNOLOGIES (PVT) LTD 18,893 0.1% 780 OLOMIDE TRADING (PVT) LTD 13,025 0.05% 902 SYPREMO INVESTMENTS (PVT) LTD 10,000 0.04%
660 UNIFUR (PVT) LTD 18,876 0.1% 781 IGEN INDUSTRIALS P/L 13,017 0.05% 903 SSCG 10,000 0.04%
661 ALG WORLD INVESTMENTS 18,848 0.1% 782 DREAMJEAN PVT LTD 13,000 0.05% 904 SIMON NYAZENGA 10,000 0.04%
662 FIDDICH COMMODITY BROKERS PVT LTD 18,846 0.1% 783 BRIGHTON PIGGERY PVT LTD 12,981 0.05% 905 STARVIER POULTRY 10,000 0.04%
663 CLEVER BROTHERS PVT LTD 18,834 0.1% 784 VOGEL STEEL PVT LTD 12,950 0.05% 906 TAKURA RODWELL DHLIWAYO 10,000 0.04%
664 ZUNDINE TRADING PVT LTD 18,820 0.1% 785 ALDRIK STIJKEL 12,767 0.04% 907 SOLID WEDGE 10,000 0.04%
665 PACKER SERVICES 18,800 0.1% 786 TYRE CLUB FITMENT CENTRE PVT LTD 12,739 0.04% 908 SALTAWAY ENTERPRISES (PVT) LTD 10,000 0.04%
666 UKUBAMBANA COMMODITIES (PVT) LTD 18,795 0.1% 787 COLOUR RAY 12,721 0.04% 909 TARIRO NYAKUJARA 10,000 0.04%
667 MIKE BILLION PVT LTD 18,773 0.1% 788 CHARLES MUKUWE 12,690 0.04% 910 SOUTHWOODS CHICKENS PL 10,000 0.04%
668 SAUL CHINANGA 18,709 0.1% 789 PROJEX 12,600 0.04% 911 OCTABRIDGE INVESTMENTS 10,000 0.04%
669 BUILDERS CHOICE 18,700 0.1% 790 KAIROS INVESTMENTS P/L 12,591 0.04% 912 PRASHANT SHAH 10,000 0.04%
670 MAYFORT MILLING 18,659 0.1% 791 BATEMAN WATER ZIMBABWE 12,536 0.04% 913 NEYWEL TRADING 10,000 0.04%
671 WESTBOARD TIMBERS PRIVATE LIMITED 18,636 0.1% 792 ZANELE NKOMAZANA 12,500 0.04% 914 PRIME PALMER ZIMBABWE PVT LTD 10,000 0.04%
672 SHINGIRAYI NYAMHANDU 18,500 0.1% 793 WELLINGTON MAPHOSA 12,447 0.04% 915 PAINT AND AIR CENTRE ( PVT) LTD. 10,000 0.04%
673 MAGCHEM (PVT) LTD 18,500 0.1% 794 SIBEKO LOGISTICS 12,296 0.04% 916 MUKUNDI MILLERS P/L 10,000 0.04%
674 CLAXOTICA INVESTMENTS 18,500 0.1% 795 QUALITY YIELD PBC 12,294 0.04% 917 NORTH QUEST PVT LTD 10,000 0.04%
675 AXICORP 18,500 0.1% 918 MSASA AGRI HAULAGE 10,000 0.04%
676 CELLSPOT (PVT) LTD 18,485 0.1% HOLTDALE INVESTMENTS PVT LTD 12,203 0.04% 919 MOTOR TRADERS 10,000 0.04%
677 SKYBIRD 18,482 0.1% 796 TA DOMBERA FARM 12,098 0.04% 920 NDEXUS PRIVATE LIMITED 10,000 0.04%
678 MIDA ENTERPRISES 18,463 0.1% 797 MARITA KAHWEMA 12,030 0.04% 921 PETACHE FIRST 10,000 0.04%
679 HEALTHYARD ENTERPRISES 18,431 0.1% 798 FOOD AND HERB 12,000 0.04% 922 OPTICARE PVT LTD 10,000 0.04%
680 YALONG INVESTMENTS PVT LTD 18,291 0.1% 799 WRIGHTHILL INVESTMENTS 923 NET AFRICA LOGISTICS 10,000 0.04%
681 CRAMATMUN HOLDINGS 18,130 0.1% 12,000 0.04% 924 NYASHA MANHANGO 10,000 0.04%
682 NIJAYS 18,048 0.1% YELLYN MECHANICAL POWER TRANSMISSION 12,000 0.04% 925 PAMWOYO PVT LTD 10,000 0.04%
800 (PVT) LTD 12,000 0.04% 926 PHOENIX (PVT) LTD 10,000 0.04%
RENOVA INFRASTRUCTURE PROJECTS 18,000 0.1% 801 SAWPOWER BLADES (PVT) LTD 12,000 0.04% 927 PUROIL TRADING PVT LTD 10,000 0.04%
683 PRIVATE LIMITED 18,000 0.1% 802 SKYAQUA INVESTMENTS 12,000 0.04% 928 PEORIA TRADING (PVT) LTD 10,000 0.04%
684 KELVIN CHAMUNORWA 18,000 0.1% 803 RENON INVESTMENTS PVT LTD 12,000 0.04% 929 NORLEEN MUNYEZA 10,000 0.04%
685 ESTHER TAKUDZWA DUBE 17,918 0.1% 804 METALOR MARKETERS (PRIVATE) LIMITED 12,000 0.04% 930 NICOLE TAIZIVEI MUZADZI 10,000 0.04%
686 QUBE MEDICAL PRODUCTS PL 17,900 0.1% 805 GOLDKRUST ZIMBABWE PVT LTD 11,997 0.04% 931 NEWROCK FINANCE 10,000 0.04%
687 ACCRIVITY ENTERPRISES PRIVATE LIMITED 17,833 0.1% 806 COLUMBUS MCKINNON PVT LIMITED 11,996 0.04% 932 PONDAI DENGU 10,000 0.04%
688 GWATA ENTERPRISES 17,680 0.1% 807 TIMELINK SYSTEMS (PVT) LTD 11,980 0.04% 933 POWERTROVE PVT LTD 10,000 0.04%
689 STRICT SENSE INVESTMENTS 17,663 0.1% 808 NEUTROLINK 11,700 0.04% 934 PROSOL DISTRIBUTORS (PVT) LTD 10,000 0.04%
690 VYAS WHOLESALERS 17,588 0.1% 809 CHLOENDRA INVESTMENTS 11,700 0.04% 935 PRECIOUS T MVUMIRA 10,000 0.04%
691 TOTAL FARM SOLUTIONS 17,566 0.1% 810 SPELILE JOYCE CHAKAMANGA 11,646 0.04% 936 NGODA BREWERIES 10,000 0.04%
692 DELOF COMPUTER TECHNOLOGY 17,563 0.1% 811 SEKAKO TRADING 11,509 0.04% 937 NICHOLAS NYASHA MATSIKA 10,000 0.04%
693 MARA JULIUS INVESTMENTS 17,562 0.1% 812 MAGOCHA EUSTINA 11,400 0.04% 938 PHARMANOVA PVT LTD 10,000 0.04%
694 VAKADZI AGRICULTURAL SOLUTIONS 17,518 0.1% 813 SHAKA CONSTRUCTION PRIVATE LIMITED 11,261 0.04% 939 PANENYASHA 10,000 0.04%
695 SERVIETTES ZIMBABWE PRIVATE LIMITED 17,500 0.1% 814 AFRIKA AKATIVATE CONSORTIUM 11,145 0.04% 940 MARK BON GROUP 10,000 0.04%
696 TRUE NORTH INVESTMENTS 17,500 0.1% 815 TANRAW TRADING 11,020 0.04% 941 LEON AND LYNNE INVESTMENTS PVT LTD 10,000 0.04%
697 KOMODO ENERGY 17,500 0.1% 816 BULLION LEAF ZIMBABWE PRIVATE LIMITED 11,008 0.04% 942 LAGRANDY ELECTRIC INDUSTRIES 10,000 0.04%
698 BLUEPHOENIX INVESTMENTS 17,476 0.1% 817 WGA LIQUOR PRIVATE LIMITED 10,972 0.04% 943 LABANTU RESOURCES (PVT) LTD 10,000 0.04%
699 TENDRA PANEL BEATERS AND SPRAY PAINTERS PBC 17,451 0.1% 818 SILICA MINING CONSUMABLES PVT LTD 10,933 0.04% 944 MALAYALAM MINING P/L 10,000 0.04%
700 PROFOAM (PVT) LTD 17,433 0.1% 819 WOODLOT TIMBERS PVT LTD 10,900 0.04% 945 MADECARE PHARMACETICALS 10,000 0.04%
701 BRIAN LAWRENCE COMPANY 17,416 0.1% 820 UNIVERSAL BAG 10,800 0.04% 946 MICHAEL FARAI MUNYAWARARA 10,000 0.04%
702 ISOLUTIONS (PVT) LTD 17,379 0.1% 821 JUNIAS TINASHE NHERERA 10,732 0.04% 947 MARKET FORCE TRADING PVT LTD 10,000 0.04%
703 STONY BROOK 17,356 0.1% 822 ACCOMODATION SOLUTION 10,730 0.04% 948 MARY JINGURA 10,000 0.04%
704 M & H EDUCATIONAL SUPPLIERS 17,350 0.1% 823 HANDON ENTERPRISES TA ORAC SYSTEMS 10,686 0.04% 949 MAGNITUDE ENTERPRISES 10,000 0.04%
705 HAZMART ENTERPRISES PVT LTD 17,283 0.1% 824 FRADRECK K CHIMHENGA 10,628 0.04% 950 MAKO PROPERTIES & CONSTRUCTION 10,000 0.04%
706 AUTOCONTROL SYSTEMS PVT LTD 17,237 0.1% 825 MULLER BROTHERS (PVT) LTD 10,566 0.04% 951 KENNEDY MASWAURE 10,000 0.04%
707 CHITAITAI CHEMICALS 17,228 0.1% 826 ENOCK CHITEKEDZA 10,533 0.04% 952 LEO T PAWANDIWA 10,000 0.04%
708 LAMCAST REFRACTORIES 17,106 0.1% 827 LINKFRONT FARMING 10,500 0.04% 953 MEAKIN MARANGE 10,000 0.04%
709 MERLAW INVESTMENTS 17,087 0.1% 828 MOPTA INDUSTRIAL 10,471 0.04% 954 LANCEFRED INVESTMENTS 10,000 0.04%
710 MEDFIRST HEALTH (PRIVATE) LIMITED 17,066 0.1% 829 WATER POWER 10,470 0.04% 955 JUVILEDGE 10,000 0.04%
711 THINKSTOCK INVESTMENTS 16,954 0.1% 830 SPLASH PLASTICS 10,434 0.04% 956 MICHELLE HAZVINEYI KAWOME 10,000 0.04%
712 FAYSEID PVT LTD 16,920 0.1% 831 ALMIN METAL INDUSTRIES 10,419 0.04% 957 LONGSTAGE TRADING 10,000 0.04%
713 CHT ZIMBABWE 16,910 0.1% 832 ESCAPADES PVT LTD 10,385 0.04% 958 KALPAK ENTERPRISES 10,000 0.04%
714 BURAYAYI MUKUDZAVU 16,909 0.1% 833 W & E SILKS PVT LTD 10,360 0.04% 959 LEISURE LIFESTYLE 10,000 0.04%
715 VIRESH KEWADA SOLE TRADER 16,845 0.1% 834 HOUSE OF SIMBA 10,340 0.04% 960 KHALIQ PHARMACY 10,000 0.04%
716 DILLION CHEMHERE 16,753 0.1% 835 UNBEVCO 10,271 0.04% 961 MEDISTORE PHARMACEUTICALS PRIVATE LIMITED 10,000 0.04%
717 LAMASAT ZIMBABWE 16,600 0.1% 836 PROLINCH (PVT) LTD 10,221 0.04% 962 MILESBAY INVESTMENTS 10,000 0.04%
718 SPIWE TALENT NYAMHANDU 16,500 0.1% 837 ENG.ITAYI UTAH 10,182 0.04% 963 MEGISTOS PVT LTD 10,000 0.04%
719 BOTCARE ENTERPRISES 16,430 0.1% 838 CHARLES STEWART DAY OLD CHICKS P/L 10,176 0.04% 964 MAROCOURT ENTERPRISES 10,000 0.04%
720 BAITON LOGISTICS 16,400 0.1% 839 ALPHA PACKAGING (PVT) LTD 10,173 0.04% 965 MASEYA TAMUKA 10,000 0.04%
721 GROOVE RETAIL AND DISTRIBUTION 16,395 0.1% 840 NORTON CHAIRWORKS PVT LTD 10,149 0.04% 966 MEDIA DISTRIBUTION SERVICES PL 10,000 0.04%
722 WILLSGROVE FARM ENTERPRISES 16,325 0.1% 841 PRIDE NYAMBIYA 10,121 0.04% 967 KIMVIN ENTERPRISES 10,000 0.04%
723 CECON ENTERPRISES 16,283 0.1% 842 NYIKA JONATHAN 10,096 0.04% 968 MNANDI LAGOURMET 10,000 0.04%
724 GOLDEN TRIANGLE HOLDINGS 16,222 0.1% 843 CORALCOM PVT LTD 10,089 0.04% 969 KALYPTA INVESTMENTS 10,000 0.04%
725 MARTIN MAKONESE 16,165 0.1% 844 INK SOLUTIONS 10,050 0.04% 970 KUDAKWASHE ECEOLAZA (NEE MSWAKA) 10,000 0.04%
726 CHAIR CRAZY (PVT) LTD 16,038 0.1% 845 TAZVI PLANT 10,000 0.04% 971 LAKEBIRD INVESTMENTS 10,000 0.04%
727 MARNVAL BUSINESS GROUP 16,025 0.1% 846 MULTI ACRE INVESTMENTS 10,000 0.04% 972 MAYAMA TRADING 10,000 0.04%
728 WINDFIELD PROPERTIES 16,000 0.1% 847 TINCH TELECOMS CENTER PVT LTD 10,000 0.04% 973 LIMITLESS ENERGY 10,000 0.04%
729 GOAL LOGISTICS 15,960 0.1% 848 TRANSWALLS 10,000 0.04% 974 MONALYNN ELECTRONICS 10,000 0.04%
730 DONABY INVESTMENTS 15,936 0.1% 849 VJ ELECTRICAL PVT LTD 10,000 0.04% 975 KENMAN HAULAGE (PVT) LTD 10,000 0.04%
731 OPEN GATES INTERNATIONAL (PVT) LTD 15,919 0.1% 850 TOK TIMBER P/L 10,000 0.04% 976 MATTRESS FIRM 10,000 0.04%
732 FORTHPORT ENTERPRISES (PVT) LTD 851 TECHMETRICS PVT LTD 10,000 0.04% 977 GORDON MABASA CHIROMO 10,000 0.04%
852 TREXIS HAULAGE PVT LTD
853 THANDA ZIMANI MUTEVHE

NewsHawks Reframing Issues Page 49

Issue 71, 11 March 2022

NO. BIDDER AMOUNT ALLOTTED SHARE NO. BIDDER AMOUNT ALLOTTED SHARE NO. BIDDER AMOUNT ALLOTTED SHARE
(US$) (%) (US$) (%) (US$) (%)
1099 TAFADZWA CHINAMO 1222 TOTAL LOADING SOLUTIONS
978 IL INTEGRATED AGRI PRIVATE LIMITED 10,000 0.04% 1100 GODFREY MANGEZI 9,980 0.03% 1223 SEVIGNY ENTERPRISES T/A MARJEN 9,838 0.03%
979 FIRST PACK SERVICES P/L 10,000 0.04% 1101 HIGH PLANN ENTERPRISES 9,980 0.03% 1224 A.I.DAVIS & COMPANY (PVT) LTD 9,832 0.03%
980 HOLYPACK INV 10,000 0.04% 1102 OLWETHU INVESTMENTS PVT LTD 9,980 0.03% 1225 ONSDALE ENTERPRISES (PVT) LTD 9,832 0.03%
981 FOOD NATIONWIDE (PVT) LTD T/A FN DISTRIBUTORS 10,000 0.04% 1103 LOUVILLE ESTATES P/L 9,979 0.03% 1226 ERNEST R DOKA 9,832 0.03%
982 FREIGHTNAYA 10,000 0.04% 1104 AMAG SOLUTION 9,979 0.03% 1227 PAM PHARMACEUTICALS 9,828 0.03%
983 HANIX TRADING 10,000 0.04% 1105 FARNIC INVESTMENTS PRIVATE LIMITED 9,978 0.03% 1228 PHILLIMON MUSHOSHO 9,820 0.03%
984 HORTIHUB (PVT) LTD 10,000 0.04% 1106 WORDLWIDE AUTO PARTS 9,976 0.03% 1229 CANTERBURY MINING 9,816 0.03%
985 GIRETHOP INVESTMENTS PVT LTD 10,000 0.04% 1107 AGNES MOYO 9,975 0.03% 1230 LENGRACE SOLUTIONS (PVT) LTD 9,814 0.03%
986 HOTBRANDS INVESTMENTS 10,000 0.04% 1108 RADIATION INCORPORATED 9,974 0.03% 1231 TIMEREX CHEMICALS PVT LTD 9,811 0.03%
987 INCYTE INVESTMENTS (PVT) LTD 10,000 0.04% 1109 UNIVERSAL RUBBER & HOSE BYO PVT LTD 9,974 0.03% 1232 STAMZIM INVESTMENTS 9,810 0.03%
988 INFO RELAY SYSTEMS 10,000 0.04% 1110 ANGELA KAMHIRIRI 9,974 0.03% 1233 MFS GROUP PVT LTD 9,800 0.03%
989 INFINITY GLOW 10,000 0.04% 1111 KOCEF INVESTMENTS PRIVATE LIMITED 9,972 0.03% 1234 JAMES MUSHORE 9,800 0.03%
990 GREEN POWER HOLDINGS 10,000 0.04% 1112 ISOBRANDS 9,970 0.03% 1235 FARLLOY TRADING (PVT) LTD 9,800 0.03%
991 FINAD CONSULTANTS (PVT) LTD 10,000 0.04% 1113 BEKEZELA NKOMO 9,970 0.03% 1236 MISHECK TOKWE 9,790 0.03%
992 INNET TECHNOLOGIES 10,000 0.04% 1114 S M MAYER 9,970 0.03% 1237 NEWLANDS DISTRIBUTORS 9,786 0.03%
993 GERYLENT 10,000 0.04% 1115 TABITHA MERCHANTS PVT LTD 9,970 0.03% 1238 WILDLIFE MANAGEMENT SERVICES PL 9,780 0.03%
994 GEMOIAN ENTERPRISES 10,000 0.04% 1116 LYDIA MAURO 9,969 0.03% 1239 CYNLYN INVESTMENTS 9,775 0.03%
995 JARAN ENTERPRISES (PVT) LTD 10,000 0.04% 1117 MUSTBERG SERVICES 9,966 0.03% 1240 CHARLES CHIWARA 9,758 0.03%
996 IPACK ZIMBABWE PVT LTD 10,000 0.04% 1118 TIGER BRAKE & CLUTCH PVT LTD 9,965 0.03% 1241 PISTA ENTERPRISES PVT LTD 9,755 0.03%
997 HASRAKI ZIMBABWE 10,000 0.04% 1119 MOTOR CONNECTION 9,964 0.03% 1242 MUTKEV GLOBAL INVESTMENTS 9,748 0.03%
998 GREAT SPEED INVESTMENTS (PVT) LTD 10,000 0.04% 1120 MILLPAL (PVT) LTD T/A KEMICO AGENCY 9,964 0.03% 1243 STEPHEN MARGOLIS RESORT PVT LTD 9,729 0.03%
999 HASHTAGWORLD PVT LTD 10,000 0.04% 1121 ALTURAS ENTERPRISES 9,963 0.03% 1244 ORIGEN CONSTRUCTION 9,729 0.03%
1000 JAZZY ONE-TIME SOLUTIONS PL 10,000 0.04% 1122 MENARD MACHOKOTO 9,962 0.03% 1245 ANDREW TAFADZWA SANYANGORE 9,725 0.03%
1001 GTECH FUELS AND LUBRICANTS 10,000 0.04% 1123 GLEN BULL PVT LTD 9,961 0.03% 1246 GARY SCHNEEBERGER 9,719 0.03%
1002 FLORENCE RWIDZAI MADAKE 10,000 0.04% 1124 INFI-TRADE PVT LTD 9,959 0.03% 1247 ENTERPRO 9,719 0.03%
1003 HUGBARRY INVESTMENTS 10,000 0.04% 1125 METRO-SOL PVT LTD 9,958 0.03% 1248 SCHOLASTIC MUNYIKWA 9,713 0.03%
1004 HARRY GRIER 10,000 0.04% 1126 PINLINK LOGISTICS PVT LTD 9,957 0.03% 1249 NETRADE MARKETING (PVT) LTD 9,704 0.03%
1005 GANRES ENTERPRISES PVT LTD 10,000 0.04% 1127 EUPHRASIA MUPEDZISI 9,956 0.03% 1250 POLYFOIL ZIMBABWE 9,703 0.03%
1006 GLORYBY INVESTMENTS 10,000 0.04% 1128 ROSE KAJAYI 9,956 0.03% 1251 MARVELLOUS TECHNOLOGIES 9,702 0.03%
1007 GALAXY GLOBAL 10,000 0.04% 1129 AFRILION PL 9,954 0.03% 1252 JETVEST PVT LTD 9,700 0.03%
1008 GABRIEL MURWIRA 10,000 0.04% 1130 DAYTONE INVESTMENTS 9,954 0.03% 1253 DEOCHEM 9,700 0.03%
1009 FINE ARROW INTERNATIONAL 10,000 0.04% 1131 ZIMBAGS INVESTMENTS PVT LTD 9,954 0.03% 1254 FAIR VALUE INVESTMENTS 9,700 0.03%
1010 DONALD SARURO 10,000 0.04% 1132 CHIPO CHIGUMADZI 9,952 0.03% 1255 A F KATIYO 9,700 0.03%
1011 EVONOLA INVESTMENTS 10,000 0.04% 1133 SIMBARASHE MHUNGU 9,952 0.03% 1256 BURNINGSTONE CHIDARI 9,700 0.03%
1012 EASWALD TRADING P/L 10,000 0.04% 1134 INNOCENT MUNYEPERI 9,952 0.03% 1257 PROCOMM PVT LTD 9,700 0.03%
1013 CHINHOYI MOTORWAYS (PRIVATE) LIMITED 10,000 0.04% 1135 LYNATECH MARKETING PVT LTD 9,952 0.03% 1258 ALOUIS TOMA NYANHANGA 9,698 0.03%
1014 COMPULINK SYSTEMS (PVT) LTD 10,000 0.04% 1136 ELENI KOUDOUNARIS 9,950 0.03% 1259 DR MBUSI MLALAZI 9,697 0.03%
1015 CREGYMAG INVESTMENTS 10,000 0.04% 1137 LEXTRAD SERVICES (PVT) LTD 9,949 0.03% 1260 TENDAI H NONYANE 9,690 0.03%
1016 EBRAHIM STORES (PVT) LTD 10,000 0.04% 1138 FIRSTGRADE INC 9,949 0.03% 1261 OKAY JAKACHIRA 9,685 0.03%
1017 ECO-SHELTER PVT LTD 10,000 0.04% 1139 RILESTONE INVESTMENTS (PVT) LTD 9,948 0.03% 1262 MECHMAX ZIMBABWE 9,668 0.03%
1018 DOLLY BRANDS 10,000 0.04% 1140 CONANT HOLDINGS PVT LTD 9,948 0.03% 1263 SOUTHERN INCINERATION SERVICES 9,666 0.03%
1141 JANE TAKAINDISA 9,947 0.03% 1264 SELBY ENTERPRISES PVT LTD 9,653 0.03%
ESP CAPITAL EQUIPMENT T/A EARTHLOADERS 10,000 0.04% 1142 PLASTIC AND PIPE INDUSTRY PVT LTD 9,946 0.03% 1265 JUNE GLOBAL 9,650 0.03%
1019 PARTS EQUIPMENT 10,000 0.04% 1143 SHERWIN ROBERT EVANS 9,946 0.03% 1266 BAINES INTERCARE MEDICAL CENTRE (PVT) LTD 9,645 0.03%
1020 EXCEL MEDICAL GROUP 10,000 0.04% 1144 JACOB MAWUNGA 9,944 0.03% 1267 SYMSCHIM INVESTMENTS 9,643 0.03%
1021 CROCKERY HUB 10,000 0.04% 1145 ELLIOT AND NEPHEW 9,944 0.03% 1268 VLAMSTRO TECHNOLOGIES 9,643 0.03%
1022 DEEP RIGHT INVESTMENTS 10,000 0.04% 1146 DERIVATIVE RESOURCES PRIVATE LIMITED 9,943 0.03% 1269 AMANDA MARY GILMOUR 9,636 0.03%
1023 DEVINE MEAT PRODUCTS 10,000 0.04% 1147 OMM 9,942 0.03% 1270 RITEMAX PRIVATE LIMITED 9,608 0.03%
1024 CHECKERED TECHNOLOGIES 10,000 0.04% 1148 DREWBULLE SUPPLIES PRIVATE LIMITED 9,942 0.03% 1271 BRADFORD SENIOR SCHOOL 9,600 0.03%
1025 FEED ESSENTIALS 10,000 0.04% 1149 ALSANA ENTERPRISES 9,941 0.03% 1272 REFRACTORY & DESIGN HOLDINGS 9,600 0.03%
1026 DIAMOND SCENT 10,000 0.04% 1150 BMG MINING PVT LTD 9,941 0.03% 1273 MEGABULK DISTRIBUTORS PVT LTD 9,597 0.03%
1027 FELRICH PAPER & PLASTICS P/L 10,000 0.04% 1151 CLOCGAN TRADING PVT LIMITED 9,941 0.03% 1274 VETERAN INVESTMENTS 9,587 0.03%
1028 CONVERGE ENTERPRISES P/L 10,000 0.04% 1152 ZFN CAPITAL (PVT) LTD 9,939 0.03% 1275 ECCODRIVE PL 9,572 0.03%
1029 DEVINE OUTCOME 10,000 0.04% 1153 DAMEHIDE INVESTMENTS 9,939 0.03% 1276 GANTHORPE ENTERPRISES 9,566 0.03%
1030 ARCH FUND PROPERTIES PVT LTD 10,000 0.04% 1154 LSI RESOURCES (PVT) LTD 9,938 0.03% 1277 WILDLIFE MEDICINAL CANNABUS PL 9,561 0.03%
1031 ANGELA NYABADZA 10,000 0.04% 1155 NETRADE COMMODITIES (PVT) LTD 9,938 0.03% 1278 PRIDHAM INVESTMENTS P/L 9,550 0.03%
1032 AUTOWEB P/L 10,000 0.04% 1156 LOADRITE INVESTMENTS PRIVAT LIMITED 9,936 0.03% 1279 TAITA TYRES PVT LTD 9,548 0.03%
1033 BLINART INVESTMENTS 10,000 0.04% 1157 CLOUDFIRE ENTERPRISES PRIVATE LIMITED 9,935 0.03% 1280 CRYSTAL GRAPHICS 9,542 0.03%
1034 BRETT VAN ROOYEN 10,000 0.04% 1158 CHIPO CHIGUMADZI 9,934 0.03% 1281 SMACPER PRINTING 9,531 0.03%
1035 ASTROLIX INVESTMENTS 10,000 0.04% 1159 PALSIT INVESTMENTS (PVT) LTD 9,934 0.03% 1282 EXCURLIBUR GAS PVT LTD 9,524 0.03%
1036 AFRI LITE PVT LTD 10,000 0.04% 1160 SHREYA INVESTMENTS (PVT) LTD 9,930 0.03% 1283 FIFTY PACK INVESTMENTS 9,515 0.03%
1037 CEDAR 10,000 0.04% 1161 LOMABIL 9,930 0.03% 1284 SAMSON MAKWARA 9,508 0.03%
1038 ACHISTRUTS ENGINEERING (PVT) LTD 10,000 0.04% 1162 DHVANI INVESTMENTS PVT LTD 9,929 0.03% 1285 OCEAN ROCK DRILLING AND BLASTING 9,500 0.03%
1039 ARTHUR MUFUNDE 10,000 0.04% 1163 PAUL CHIMUDZI 9,929 0.03% 1286 GOLDRUSH EQUIPMENT PRIVATE LIMITED 9,500 0.03%
1040 BUBBLE COMMUNICATIONS P/L 10,000 0.04% 1164 FALPINO DISTRIBUTORS 9,927 0.03% 1287 GOLDENCLEM PROPERTIES (PVT) LTD 9,500 0.03%
1041 CHACO TRADING 10,000 0.04% 1165 ZIMPEBBLES (PVT) LTD 9,926 0.03% 1288 GRAMSOL TRADING (PVT) LTD 9,500 0.03%
1042 AKS LOGISTICS PVT LTD 10,000 0.04% 1166 EPILITE HOLDINGS 9,926 0.03% 1289 EXCEPTIONAL IMPRESSIONS PVT LTD 9,500 0.03%
1043 BETTA BALL SPORTS 10,000 0.04% 1167 ESTHER MUDZVOVA 9,926 0.03% 1290 MACRO-TECH 9,500 0.03%
1044 BRENDA KAREMBA 10,000 0.04% 1168 HIGH DENSITY WAREHOUSE T/A OPEN HOUSE 9,926 0.03% 1291 CORNE RIDGE TRADING 9,484 0.03%
1045 CARSONS VALLEY ENTERPRISES (PVT) LTD 10,000 0.04% 1169 POWERVISION (PVT) LTD 9,924 0.03% 9,481 0.03%
1046 BERTCRIS INVESTMENTS 10,000 0.04% 1170 AGRIPEAK INCORPORATED 9,924 0.03% SETSAIL MANUFACTURERS PRIVATE
1047 AVITAL AGRICULTURAL CONSULTING 10,000 0.04% 1171 INCREDIBLE CHEMICALS 9,924 0.03% 1292 LIMITED T/A SETQUIP TRADING 9,462 0.03%
1048 WALTROP INVESTMENTS PVT LTD 10,000 0.04% 1172 TOTHEBURN TRADING 9,921 0.03% 1293 MERCY MAGAMA 9,458 0.03%
1049 DOVE SOFT TISSUE 10,000 0.04% 1173 GOLDAIR TECHNOLOGIES PRIVATE LIMITED 9,920 0.03% 1294 SILICOADE CAPITAL 9,432 0.03%
1050 GERMAN MUSHOMA 10,000 0.04% 1174 DABLEM INVESTMENTS P/L 9,917 0.03% 1295 COLLIN CHIWANZA 9,430 0.03%
1051 OLYMPUS ENERGY PVT LIMITED 10,000 0.04% 1175 SGS PERFZIM 9,917 0.03% 1296 MARK C HOUNSELL 9,422 0.03%
1052 ARCHIBOLD KWARAMBA 9,999 0.04% 1176 RED DANE AGRI SOLUTIONS 9,916 0.03% 1297 THE CANNING COMPANY (PVT) LTD 9,410 0.03%
1053 JUSTICE GWAZVO 9,999 0.04% 1177 FARAI MUTAMANGIRA 9,914 0.03% 1298 PAKAI INNOCENT MABAYA 9,400 0.03%
1054 MARTIN SIMBARASI 9,999 0.04% 1178 MOSES DUBE 9,913 0.03% 1299 LOTRYLE TRADING T/A BAMM STATIONERS 9,400 0.03%
1055 SANJAYKOMAR PATEL 9,999 0.04% 1179 HEALTHCHEM PHARMACEUTICAL 9,910 0.03% 1300 ASSOCIATED FOODS ZIMBABWE 9,400 0.03%
1056 MINEAZY MINING SOLUTIONS 9,998 0.04% 1180 DEEDSGATE INVESTMENTS 9,910 0.03% 1301 SHOPWARE TECHNOLOGIES 9,380 0.03%
1057 RUNPOWER RESOURCES (PVT) LTD 9,997 0.03% 1181 BIGSTOCK PVT LTD 9,908 0.03% 1302 X SEA IMPORTS 9,374 0.03%
1058 MOORHILL INVESTMENTS 9,997 0.03% 1182 AFROTIJA PRIVATE LIMTED 9,908 0.03% 1303 TUNGA MARKETING P/L 9,367 0.03%
1059 WL MANAGEMENT 1183 YTDALI ENTERPRISES 9,907 0.03% 1304 EASYCAST TRADING 9,351 0.03%
9,997 0.03% 1184 LEADGATE ENTERPRISES T/A CORPORATE COPIERS 9,903 0.03% 1305 EASY CAST TRADING 9,350 0.03%
DMANGOMA DISTRIBUTORS 9,997 0.03% 1185 PATRICIA VENGESAYI 9,902 0.03% 1306 FI LAPTOPS PVT LTD 9,343 0.03%
1060 T/A LASERJET IMPRESSIONS 9,996 0.03% 1186 LENIN MUTANGARA 9,901 0.03%
1061 RUGARE DHOBBIE 9,996 0.03% 1187 MAKUNI KIZITO 9,901 0.03% PRISTINE DISTRIBUTORS T/A 9,341 0.03%
1062 BULAWAYO STEEL PRODUCTS 9,996 0.03% 1188 RIPLY INVESTMENTS PVT LTD 9,900 0.03% 1307 PRISTINE TECHNOLOGIES 9,300 0.03%
1063 REDFORD PROPERTIES 9,995 0.03% 1189 ROYAL GRAIN HOLDINGS 9,900 0.03% 1308 OGPACK ENERGY (PVT) LTD 9,300 0.03%
1064 HALSMAN ENTERPRISES 9,995 0.03% 1190 PROPER DISTRIBUTORS PVT LTD 9,900 0.03% 1309 JEN TECHNOLOGIES P/L 9,298 0.03%
1065 DAV NIX TRUCKS AND SPARES 9,994 0.03% 1191 PACKTRANS 9,900 0.03% 1310 JAYDE CLARK 9,291 0.03%
1066 OLGALEEN CHADAMOYO 9,994 0.03% 1192 OCEAN HYBRID T/A HYBRID TAXIS 9,900 0.03% 1311 FUNGURA WILBERT 9,280 0.03%
1067 EXOCOLD REFRIGERATION 9,993 0.03% 1193 EPHRAIM VERENGERAI MAREDZA 9,900 0.03% 1312 KURIMA MACHINERY AND TECHNOLOGY PVT LTD 9,273 0.03%
1068 POLYLIFE TRADING PVT LTD 9,992 0.03% 1194 PATCH SOLUTIONS PVT LTD 9,900 0.03% 1313 MUSA BAKO 9,270 0.03%
1069 BELL PTA 9,992 0.03% 1195 POLAR PLASTICS 9,898 0.03% 1314 SAVANNAH MARKETING 9,250 0.03%
1070 COTTON PRO COMPANY 9,991 0.03% 1196 ALTCOM COMPUTER SYSTEMS 9,895 0.03% 1315 BECKLAND INVESTMENTS 9,237 0.03%
1071 SUPREME BRANDS (PVT) LTD 9,991 0.03% 1197 JAMMIN CONSOLIDATED SOLUTIONS PVT LTD 9,889 0.03% 1316 MIRIRAI ELTON MANGISI 9,234 0.03%
1072 SACTORUM AGENCIES 9,990 0.03% 1198 YO BRANDS PVT LTD 9,887 0.03% 1317 TRINITY SEMBI ENERGY PVT LTD 9,229 0.03%
1073 MYNER KOTZE 9,990 0.03% 1199 CHESTERTON INDUSTRIAL 9,885 0.03% 1318 EDWARD MOMBO 9,226 0.03%
1074 USHE LYDIA FARAI 9,990 0.03% 1200 TLOZ INVESTMENTS 9,885 0.03% 1319 DATA TRANSFER COMPUTERS T/A SAI SYSTEMS 9,217 0.03%
1075 TOKOZANA DHLIWAYO 9,990 0.03% 1201 POLYFIBRON TECHNOLOGIES 9,883 0.03% 1320 KAYLITE KING (PVT) LTD 9,200 0.03%
1076 THE LEGIT 9,990 0.03% 1202 BLERUMAR RESOURCES PVT LTD 9,880 0.03% 1321 TARIRO CHINYADZA 9,181 0.03%
1077 BOPHELONG PROPERTIES PVT LTD 9,989 0.03% 1203 NATION C. MADONGORERE 9,878 0.03% 1322 STALLCOLL INVESTMENT PVT LTD 9,167 0.03%
1078 LEON SPORT 9,989 0.03% 1204 GLOBAL PAPERS ( 2014) 9,877 0.03% 1323 HANNERIETA R CHOGA 9,160 0.03%
1079 MUNTHON INVESTMENTS (PVT) LTD 9,988 0.03% 1205 QUESTVEST PVT LTD 9,875 0.03% 1324 IVANHOE MATENGARUFU GURIRA 9,160 0.03%
1080 MUKWE ANATHOLIA 9,988 0.03% 1206 UNIGLOBE HOLDINGS PRIAVTE LIMITED 9,874 0.03% 1325 COOL SOLAR PVT LTD 9,127 0.03%
1081 DEVISON KAKWENGA 9,987 0.03% 1207 FINTZ INVESTMENTS 9,871 0.03% 1326 AMAL ELAMIN 9,111 0.03%
1082 UYS MONTFORTE THOMAS 9,986 0.03% 9,870 0.03% 1327 ADMIRE AND SONS 9,100 0.03%
1083 PRIME SEASONS 9,985 0.03% SPENCER MUCHAMIRI (PVT) LTD 1328 TOTHMET INVESTMENTS 9,096 0.03%
1084 MWANA GROUP (PVT) LTD 9,985 0.03% 1208 T/A SM DISTRIBUTORS 9,869 0.03% 1329 SILDEAL INVESTMENTS 9,070 0.03%
1085 ACCURIDE TECHNOLOGIES 9,985 0.03% 1209 AMBERFIELDS INVESTMENTS 9,868 0.03% 1330 STELLA MOTSI 9,040 0.03%
1086 UNIBELINK INVESTMENTS 9,985 0.03% 1210 GLOBCON INDUSTRIAL PRIVATE LIMITED 9,867 0.03% 1331 SHIJE ENERGY PVT LTD 9,015 0.03%
1087 SUSAN CHIPAMAUNGA 9,984 0.03% 1211 MOTHER CITY BREEDERS PVT LTD 9,862 0.03% 1332 PRAVALA PUMA ELECTRICAL 9,014 0.03%
1088 PEARLSPOT ENTERPRISES (PVT) LTD 9,984 0.03% 1212 CECILLIA MUDZIMIRWA 9,862 0.03% 1333 DRUM CITY INDUSTRY PRIVATE LIMITED 9,000 0.03%
1089 EASY ENERGY FORMERLY ALSAA PETROLEUM 9,983 0.03% 1213 SABLE PRESS PRINTING PRIVATE LIMITED 9,862 0.03% 1334 ZINGWENA ITIEL 9,000 0.03%
1090 SAFE DRIVE MOTOR SPARES 9,982 0.03% 1214 ANABYTE TRADING 9,860 0.03% 1335 WILLARD NYAGWANDE 9,000 0.03%
1091 CARESBURG TRADING PVT LTD 9,981 0.03% 1215 CONSTRUCTION MATRIX PVT LTD 9,858 0.03% 1336 RONPETER LOGISTICS PVT LTD 9,000 0.03%
1092 CRUNDALL BROTHERS (PVT) LTD 9,981 0.03% 1337 SOLAR FAMILY ZIMBAWE 9,000 0.03%
1093 JUTHEE CREATIONS 9,981 0.03% KERSROCK MINING PRIVATE LIMITED 9,852 0.03% 1338 QUANZA ENTERPRISES 9,000 0.03%
1094 ITT IDEAS ENTERPRISES (PVT) LTD 9,980 0.03% 1216 TA HARDROCK MINING TOOLS 9,850 0.03% 1339 ODERMALL INVESTMENTS P/L 9,000 0.03%
1095 QUEENMARY BIOTECH 9,980 0.03% 1217 PLAXEDES MADIRO 9,848 0.03% 1340 LAMISHIELD WINDSCREENS 9,000 0.03%
1096 GIEM INVESTMENTS 9,980 0.03% 1218 DROP VIEW INVESTMENTS PVT LTD 9,846 0.03% 1341 MICHAEL MAHACHI 9,000 0.03%
1097 TERRINIC INVESTMENTS PVT LTD 1219 COLONY CARGO PVT LTD 9,840 0.03% 1342 KNOWLEDGE S VUKA
1098 ROCHA BRANDS 1220 TRANSEARTH EQUIPMENT 9,839 0.03%
1221 FARAI MAISVA

Page 50 Reframing Issues NewsHawks

Issue 71, 11 March 2022

NO. BIDDER AMOUNT ALLOTTED SHARE NO. BIDDER AMOUNT ALLOTTED SHARE NO. BIDDER AMOUNT ALLOTTED SHARE
(US$) (%) (US$) (%) (US$) (%)
1343 MOMENTUM DRILLING P/L 1463 GODWIN MUNYIKWA
1344 MELBEY INVESTMENTS 9,000 0.03% 1464 DRUM CITY P/L 7,310 0.03% 1583 JULIE JOY T/A BERACAH HEALTH 5,298 0.02%
1345 LINDA MAUNGA 9,000 0.03% 1465 JENNIFER ZANGA 7,308 0.03% 1584 FRANCIS MUTYAVAVIRI 5,294 0.02%
1346 INNOCENT MUTSVEDU 9,000 0.03% 1466 CLAUDINE MAYANJA 7,300 0.03% 1585 WOODMANIA 5,273 0.02%
1347 CONSTANCE ZVODGO 9,000 0.03% 1467 RITEON INVESTMENTS 7,299 0.03% 1586 RECIPROCAL ENTERPISES 5,269 0.02%
1348 BIG GIFTS 9,000 0.03% 1468 ANJALI NITINKUMAR PATEL 7,292 0.03% 1587 WADZANAI KACHERE 5,250 0.02%
1349 NYARADZO MAHLABA 9,000 0.03% 1469 SIBEKO ENERGY (PVT) LTD 7,247 0.03% 1588 K MUBWANDARIKWA 5,239 0.02%
8,992 0.03% 1470 TAMBUDZAI CONSTANCE MUNIKWA 7,209 0.03% 1589 STANLEY MATIZA 5,213 0.02%
SUCCESS INDUSTRIAL SOLUTIONS 1471 WINSLOW TAPIWA CHIDUKU 7,197 0.03% 1590 ERNEST RUTENDO DOKA 5,203 0.02%
1350 (PRIVATE) LIMITED 8,980 0.03% 1472 OPTIC ZIMBABWE 7,178 0.03% 1591 BRIGHTON SHERENI 5,200 0.02%
1351 OCEANLIME ENTERPRISES (PVT) LTD 8,977 0.03% 1473 AARON CHAMUNORWA JANI 7,143 0.03% 1592 ANDREW E MURWISI 5,200 0.02%
1352 BONGANI MOYO 8,970 0.03% 1474 RANGARIRAI HWINDINGWI 7,108 0.02% 1593 CALIDI ENTERPRISES 5,178 0.02%
1353 FARAI CHIVAURA 8,963 0.03% 1475 MARTIN SONZI 7,096 0.02% 1594 GERALD CHINODA 5,163 0.02%
1354 RONALD MARIKANO 8,960 0.03% 1476 TOBAIWA KAMBANI 7,001 0.02% 1595 PRINCE KUDZAI HWENJERE 5,100 0.02%
1355 DOLTEK ENTERPRISES 8,959 0.03% 1477 VICTOR WENYIKA 7,000 0.02% 1596 MAVUTO MUNGINGA 5,068 0.02%
1356 GARYSMITH FUEL OFFLOADERS 8,927 0.03% 1478 PRISCAR HOKO 7,000 0.02% 1597 NAUME GWENHURE 5,014 0.02%
1357 GATEMASTER INVESTMENTS 8,926 0.03% 1479 MAGARIRO BURUVURU 7,000 0.02% 1598 WILBERT P MANDINDE 5,000 0.02%
1358 EARTHLOADERS SPARE PARTS T/A ESP CAPITAL 8,920 0.03% 1480 COLLINS UTS 7,000 0.02% 1599 ZUVAINKS (PVT) LTD 5,000 0.02%
1359 STREAKY FARM BUSINESS CORPORATION 8,900 0.03% 1481 PATRICOLE INVESTMENTS 7,000 0.02% 1600 UPENYU T JAKA 5,000 0.02%
1360 EMERGING GENERATIONS 8,900 0.03% 1482 TAZVIDYA CHIVENDE 6,994 0.02% 1601 WITNESS TENDERERE 5,000 0.02%
1361 EDENSWIFT INVESTMENTS PRIVATE LIMITED 8,894 0.03% 1483 TYRE SHOOPA PVT LTD 6,985 0.02% 1602 SHYLET HLANGABEZA 5,000 0.02%
1362 DON FOSS ENTERPRISES 8,890 0.03% 1484 NATALIE ZVIKOMBORERO NYAMBIYA 6,966 0.02% 1603 MORVEN MATAFENI 5,000 0.02%
1363 CHROMEBASE MINING PVT LTD 8,865 0.03% 1485 SHARRON MAPARURA 6,964 0.02% 1604 PARKVIEW PLASTICS 5,000 0.02%
1364 TIPCALL INVESTMENTS 8,838 0.03% 1486 SAYMORE MUWANDI 6,962 0.02% 1605 JOYCE MUNAMATI 5,000 0.02%
1365 SPARE PARTS EXCHANGE 8,800 0.03% 1487 JADESAVE 6,900 0.02% 1606 FRANCIS V CHINGOZHO 5,000 0.02%
1366 THE KABINET BUILDING AND HARDWARE 8,768 0.03% 1488 RECRIS ENGINEERING (PVT) LTD 6,900 0.02% 1607 FLORENCE GUMUNYU 5,000 0.02%
1367 RUFARO DANIEL MATSIKA 8,752 0.03% 1489 CLEMENCE MADZINGO 6,884 0.02% 1608 ELIAS SAWARI 5,000 0.02%
1368 SAFECO PRIVATE LIMITED 8,745 0.03% 1490 JIT LABELS 6,855 0.02% 1609 EDMORE BERE 5,000 0.02%
1369 SIDUDUZILE NTOMBIE 8,739 0.03% 1491 GLYTIME FOODS PVT LTD 6,833 0.02% 1610 ALLIANCE AGRO AND LOGISTICS 5,000 0.02%
1370 DIVINE NGWENYA 8,739 0.03% 1492 ANGELINE TENDAI CHIKWANDA 6,800 0.02% 1611 TICHAONA KARUMAZONDO 4,996 0.02%
1371 NALEDI LINDAROSE MAUNGANIDZE 8,715 0.03% 1493 HILLARY NYANHONGO 6,800 0.02% 1612 PESCI PACKAGING 4,994 0.02%
1372 NIGEL T KATAYI 8,656 0.03% 1494 NAVATON INVESTMENTS 6,744 0.02% 1613 ELIZABETH MALUNGA 4,992 0.02%
1373 LOGIKMIND PRIVATE LIMITED 8,654 0.03% 1495 CRESCENTIA RUGARE SITHOLE 6,703 0.02% 1614 KHULEKANI BRUCE DZOWA 4,987 0.02%
1374 LEMONSEED INVESTMENTS 8,628 0.03% 1496 SCANNER INVESTIMENTS PVT LTD 6,665 0.02% 1615 MUNYARADZI DOBBIE 4,985 0.02%
1375 FLOWELL FARMING T/A FAIRHILL FARM 8,605 0.03% 1497 ADAGIO T/A LASER S EDGE 6,624 0.02% 1616 RICHARD MANGI 4,977 0.02%
1376 SAVANNA BEVERAGES 8,600 0.03% 1498 ANOLD KARADZANDIMA 6,623 0.02% 1617 LUCIA CHIWANZA 4,976 0.02%
1377 O. INDUSTRIAL CODING SOLUTIONS (PVT) LTD 8,600 0.03% 1499 MAXWELL MUZIWI 6,620 0.02% 1618 GIFT CHIROPA 4,962 0.02%
1378 METROLINNK HOLDINGS 8,591 0.03% 1500 ADONIA K MUSHOSHO 6,600 0.02% 1619 GUGULETHU NGWENYA 4,956 0.02%
1379 SQNEED ZIMBABWE PRIVATE LIMITED 8,590 0.03% 1501 ANNIE HLONGWANE 6,578 0.02% 1620 HEATH DAVID DHANA 4,942 0.02%
1380 TAAL FOODS MANUFACTURERS (PVT) LTD 8,581 0.03% 1502 NYAMUTURIRA EUGENIA 6,530 0.02% 1621 ALISTAIR CAMPBELL 4,924 0.02%
1381 CFAO MOTORS ZIMBABWE (PVT) LTD 8,549 0.03% 1503 WHOLLYECO COLLECT 6,512 0.02% 1622 DORCAS KAMBANI 4,920 0.02%
1382 GASAPP ZIMBABWE 8,531 0.03% 1504 VALARIE CHAKAMANGA 6,500 0.02% 1623 REVAI CLARA 4,871 0.02%
1383 PARTS ACTION 8,515 0.03% 1505 SILCRAFTY ENTERPRISES PVT LTD 6,500 0.02% 1624 MARCELLINE TSOPOTSA 4,871 0.02%
1384 KUTENDA MUKUYU 8,510 0.03% 1506 TAURAI MUSHURE 6,500 0.02% 1625 NOBUHLE MAGAVA 4,850 0.02%
1385 PLUM GLOBAL 8,500 0.03% 1507 ENIA NZARAYAPENGA MUTAMANGIRA 6,500 0.02% 1626 ANTONIO ENTERPRISES 4,807 0.02%
1386 HURRICANE AUTO PARTS PVT LTD 8,500 0.03% 1508 SOZA A RUZARIO 6,497 0.02% 1627 VINCENT MUSVOTA 4,774 0.02%
1387 FIRST RINDAZ INVESTMENTS 8,500 0.03% 1509 JOSEPHINE NDAMBAKUWA 6,490 0.02% 1628 JOSHUA CHIMHANDA 4,745 0.02%
1388 HADDASSAH ENGINEERING PVT LTD 8,500 0.03% 6,470 0.02% 1629 BENONIA ITAYI CHITSA 4,732 0.02%
1389 COLSAN TRANSPORT AND LOGISTICS 8,500 0.03% ELAINE MARKETING AND PROMOTIONS 1630 TAMAYI SEREMINA 4,700 0.02%
1390 CONSTANCEV CHINYEMBA 8,500 0.03% 1510 T/A ELAINE SOLAR AFRICA 6,435 0.02% 1631 NYARAYI TARUVINGA 4,700 0.02%
1391 JIMBA SAFARIS 8,495 0.03% 1511 J CHINGURA 6,415 0.02% 1632 OSTERN PAZVAKAWAMBWA 4,700 0.02%
1392 ALAULA 8,492 0.03% 1512 ASTOR INDIGO 6,400 0.02% 1633 CECILIA NGWENYA 4,700 0.02%
1393 STANLEY NYAMUTSWA 8,488 0.03% 1513 ANTHILL TRAVEL AND TOURS 6,388 0.02% 1634 RICHARD W A TENNANT 4,690 0.02%
1394 NIBEX HARDWARE T/A CENTURY COMPUTERS 8,482 0.03% 1514 FARAI MUNYAWARARA 6,357 0.02% 1635 ELAINE MWANDIWATA 4,649 0.02%
1395 EXACTSOL (PVT) LTD 8,474 0.03% 1515 ZVISHMISO MUSVIPA 6,300 0.02% 1636 FUTURE ANTONY BANDA 4,632 0.02%
1396 PINELAND TECHNOLOGY 8,452 0.03% 1637 HARVEST MEDICAL & SCIENTIFIC 4,624 0.02%
1397 TUNGAMIRAI CHEMHERE 8,447 0.03% SANTE HEALTHLIFE PVT LTD TA SANTE 6,273 0.02% 1638 DATACOPY INVESTMENTS 4,615 0.02%
1398 ROAD ANGELS PVT LTD 8,365 0.03% 1516 24HR MEDICAL CENTRE 6,224 0.02% 1639 J MED SUPPLIES 4,610 0.02%
1399 TAFADZWA ZVISINEI CHIVAURA 8,312 0.03% 1517 K P MUKURUVA 1640 HLEZIPI MARIA KAJOTELE 4,594 0.02%
1400 T CHIMBWA 8,301 0.03% 6,207 0.02% 1641 ROKETAPE INVESTMENTS (PVT) LTD 4,587 0.02%
1401 VELOR CONTRACTING 8,300 0.03% WERTPA ENGINEERING T/A APPLIED 6,200 0.02% 1642 HARARE PULMONARY AND SLEEP CENTRE 4,546 0.02%
1402 MEYOS DISTRIBUTORS 8,300 0.03% 1518 AUTOMATION TECHNOLOGIES 6,188 0.02% 1643 KEVIN CHARLES FOURIE 4,532 0.02%
1403 EMILIA GWASIRA 8,300 0.03% 1519 MIRANDA KHUMALO 6,152 0.02% 1644 MATEMEZANO MARCELINE 4,507 0.02%
1404 BELMUND INVESTMENTS 8,300 0.03% 1520 BT ENGINEERING AND PROJECTS 6,148 0.02% 1645 MUNA A E DZINOTYIWEYI 4,500 0.02%
1405 BEATRICE TEURAI NYAZIKA 8,293 0.03% 1521 ZAINAB PATEL 6,127 0.02% 1646 NKOSINATHI NCUDE 4,500 0.02%
1406 TINASHE MUTANGA 8,292 0.03% 1522 CHIPARAUSHE VIOLET 6,100 0.02% 1647 GODFREY CHIPUMHA 4,500 0.02%
1407 HAYWOOD FREIGHT AND LOGISTICS 8,279 0.03% 1523 KILWICK INVESTMENTS (PVT) LIMITED 6,100 0.02% 1648 JOSEPH KAMASHO 4,500 0.02%
1408 DOUGLAS MUNYEKI 8,225 0.03% 1524 TRANSHAUL 6,076 0.02% 1649 FOREACH CLAY NGORIMA 4,500 0.02%
1409 STATPHARM (PVT) LTD 8,219 0.03% 1525 PRO-CHOICE LOGISTICS 6,069 0.02% 1650 BERTHA VIMBAI MASVIKENI 4,500 0.02%
1410 ERNEST NYANGA 8,200 0.03% 1526 MAVIS NYAKUDYA 6,059 0.02% 1651 GEOHAM INVESTMENTS 4,499 0.02%
1411 CONSTANTINE MUTZURIS 8,200 0.03% 1527 CAKANA BULELANI USHER 6,015 0.02% 1652 KREAMORN INVESTMENTS PRIVATE LIMITED 4,498 0.02%
1412 CARRIER AIR CONDITIONING (PRIVATE) LIMITED 8,200 0.03% 1528 WILLIAM SIBANDA 6,006 0.02% 1653 VISIONARY ENGINEERING 4,491 0.02%
1413 NYASHA MAGONDO 8,151 0.03% 1529 CHIPO DONGO 6,000 0.02% 1654 TAVENGWA LOGISTICS 4,481 0.02%
1414 NETFUSION PVT LTD 8,150 0.03% 1530 AMOS AND NELLY MAZARIRE 6,000 0.02% 1655 CRIVE TSAURAI CHIKWENYA 4,457 0.02%
1415 FLESK FRESH PBC 8,141 0.03% 1531 VOLANT TANKER AND TRUCKING SERVICES 6,000 0.02% 1656 MAAMACS SOLAR SYSTEMS(PVT) LTD 4,446 0.02%
1416 STANROSE ENTERPRISES 8,128 0.03% 1532 RUFCO INVESTMENT 6,000 0.02% 1657 SKILLPACE INVESTMENTS 4,350 0.02%
1417 ADDERLEY CONSULTANTS (PVT) LTD 8,096 0.03% 1533 IAN MILLER 6,000 0.02% 1658 LOTY MAZIRIRI 4,329 0.02%
1418 BIDDULPHS REMOVALS 8,045 0.03% 1534 ISABEL NYAROTA 5,999 0.02% 1659 NICHOLAS MUZHUZHA 4,300 0.02%
1419 AUCKLAND HARTLEY INDUSTRIES PVT LTD 8,034 0.03% 1535 DAVISON MANGE 5,998 0.02% 1660 PERPETUA NDAKAITEI CHIZEMA 4,300 0.02%
1420 TENDAI GABRIEL CHIKWANHA 8,000 0.03% 1536 IDEAL DESIGNS 5,988 0.02% 1661 FARAI NYANDORO 4,300 0.02%
1421 REGINALD CHIHOWA 8,000 0.03% 1537 ARCHER ENGINEERING (PVT) LTD 5,985 0.02% 1662 AFRICAN PERISHABLES LOGISTICS (PRIVATE) LIMITED 4,276 0.01%
1422 STATUS ALUMINIUM (PVT) LTD 8,000 0.03% 1538 MISHECK BRIAN ZVARIVADZA 5,982 0.02% 1663 COLUMN SIX INVESTMENTS 4,220 0.01%
1423 ANTHONY W MACKINTOSH 8,000 0.03% 1539 GRACIOUS RUNGANO 5,982 0.02% 1664 LEOKADIA SHAMISO ZULU 4,218 0.01%
1424 NYASHA MAGADZA 7,998 0.03% 1540 THORNTONS TRADING 5,975 0.02% 1665 UTANO AFRICA PRIVATE LIMITED 4,201 0.01%
1425 FRANCIS NGWENYA 7,997 0.03% 1541 TOMLINK INVESTMENTS 5,974 0.02% 1666 GREATSURE INVESTMENTS 4,200 0.01%
1426 NYASHANU MATTHEW 7,995 0.03% 1542 JAMES ZHANGE 5,967 0.02% 1667 EPHRAIM EPHRAIM 4,200 0.01%
1427 GRACE MWENJE 7,960 0.03% 1543 OBSON MATUNJA 5,962 0.02% 1668 COSINE INVESTMENTS 4,196 0.01%
1428 ROWEENA JOSEPH 7,936 0.03% 1544 AGRIPPA MUGWAGWA 5,946 0.02% 1669 STEPHEN SHUTT 4,195 0.01%
1429 SARUDZAI CHAORA 7,900 0.03% 1545 MAHONDE TAGUMA 5,941 0.02% 1670 JOYCE MASIYA 4,195 0.01%
1430 NDABA NDHLOVU 7,899 0.03% 1546 ZAREPHATH TRADING 5,928 0.02% 1671 FRANCIS NYASHANU 4,194 0.01%
1431 WELLCROFT INVESTMENTS 7,880 0.03% 1547 LASHWEDJ DISTRIBUTORS 5,878 0.02% 1672 NIRMALABEN K SOLANKI 4,182 0.01%
1432 THULI PETROLEUM 7,859 0.03% 1548 SAHAI HAULAGE 5,857 0.02% 1673 KONDWELANI MAKIDADI 4,147 0.01%
1433 SAMUEL BEPE 7,853 0.03% 1549 GALLES INVESTMENTS PL 5,854 0.02% 1674 BRENDA MURAHWA 4,139 0.01%
1434 MARJORIE MADAMOMBE 7,800 0.03% 1550 AFRICA FIRST DIAGNOSTICS SERVICES PVT LTD 5,805 0.02% 1675 JORDAN FARMING (PVT) LTD 4,136 0.01%
1435 DUNMORE KUNDISHORA 7,797 0.03% 1551 ZIM IRRITECH P/L 5,801 0.02% 1676 SKYSANG ENTERPRISES 4,100 0.01%
1436 MOSES GAMBIZA 7,772 0.03% 1552 TAWANDA MANDICHETA 5,799 0.02% 1677 MOLLEN CHIMOMBE 4,100 0.01%
1437 MAHDPRO ENTERPRISES (PVT) LTD 7,768 0.03% 1553 REDGENALD KACHAYI 5,786 0.02% 1678 BARBARA NGWARA 4,100 0.01%
1438 FAVENT INVESTMENTS 7,766 0.03% 1554 AFRIGRADE INVESTMENTS PVT LTD 5,774 0.02% 1679 ALEX MAKAMURE 4,082 0.01%
1439 CROXPEC INVESTMENTS 7,737 0.03% 1555 BERGHAAN TRAVEL AND SAFARIS 5,768 0.02% 1680 CHEMTREAT CONSULTANCY 4,075 0.01%
1440 WAREHOUSE TRADING (PVT) LTD 7,713 0.03% 1556 TINOTENDA RICHARD BAKARE 5,733 0.02% 1681 ONDER SIBANDA 4,059 0.01%
1441 SUNBOY MUTAMBUDZI 7,699 0.03% 1557 KENNETH NGWARAI 5,733 0.02% 1682 RUEBEN TINEI JAVA 4,052 0.01%
1442 AUGUSTIN MUSUKUTWA 7,699 0.03% 1558 SPESERYE TRADERS (PVT) LTD 5,723 0.02% 1683 TAVENGWA HARA 4,017 0.01%
1443 COMPAIR (PVT) LTD 7,652 0.03% 1559 MIRIAM CHURU 5,712 0.02% 1684 SHEILA CHIUTARE 4,000 0.01%
1444 BLESSING MLAMBO 7,652 0.03% 1560 NYARADZO UNITY MAYIMBO 5,700 0.02% 1685 NOTHABO DHLAMINI 4,000 0.01%
1445 C TENDI 7,617 0.03% 1561 SIMBARASHE MASHONGANYIKA 5,695 0.02% 1686 KW PACKAGING PVT LTD 4,000 0.01%
1446 PCD DIAGNOSTICS 7,610 0.03% 1562 DUSK HOME 5,679 0.02% 1687 JOYCE NYANYIRA KANHIWA 4,000 0.01%
1447 SIPHAMBANISO MOSES TSHUMA 7,577 0.03% 1563 DIGJET ENTERPRISES P/L 5,678 0.02% 1688 GETRUDE GATSI 4,000 0.01%
1448 LILY MUPFUMI 7,549 0.03% 1564 EDENCHASE 5,669 0.02% 1689 HAZEL MATIONESA CHITARE 4,000 0.01%
1449 TENDAI A SIREWU 7,521 0.03% 1565 MUJURU BLESSING 5,636 0.02% 1690 EDWARD MAPOKOTERA 4,000 0.01%
1450 TRILCORX INVESTMENTS 7,500 0.03% 1566 DONALD NDEBELE 5,600 0.02% 1691 DR EDWARD FUSIRE 4,000 0.01%
1451 TAMUKA GARRETH PASIPANODYA 7,500 0.03% 1567 KALUWA 5,600 0.02% 1692 AFRILITE PVT LTD 4,000 0.01%
1452 TAFI ZULU 7,500 0.03% 1568 PEGYWELL MAKUCHETE 5,576 0.02% 1693 ALEX MAPAKO 3,985 0.01%
1453 P MAGUDHU 7,500 0.03% 1569 R MAFIRAMBUDZI 5,561 0.02% 1694 M KHAN 3,984 0.01%
1454 DAVESCOTT ENGINEERING 7,484 0.03% 1570 STANLEY MUSARA 5,490 0.02% 1695 GILBERT SAIKA 3,974 0.01%
1455 ROBERT DERECK SWIFT 7,458 0.03% 1571 TINTREV (PVT) LTD T/A FALCON SIGNAGE SUPPLIES 5,480 0.02% 1696 ENOS BENJAMIN FARAI MBOFANA 3,973 0.01%
1456 ZAKRAC PRIVATE LIMITED 7,438 0.03% 1572 LOCADIA NYOKA 5,418 0.02% 1697 NETECH 3,927 0.01%
1457 PICKTALK 7,422 0.03% 1573 MARJORIE MUNYONGA 5,407 0.02% 1698 AARON T MAGAVA 3,922 0.01%
1458 ISLAND MINERALS PVT LTD 7,384 0.03% 1574 HAZEL NYERE 5,383 0.02% 1699 PAULINE MAPIRI 3,900 0.01%
1459 SIMON MUTAMBA 7,357 0.03% 1575 EVOLUTION MOVIES 5,357 0.02% 1700 LIBERTY NYADOME 3,900 0.01%
1460 J GOPAL INVESTMENTS T/A GOPAL PROPERTIES 7,341 0.03% 1576 WAYZEC INVESTMENTS 5,350 0.02% 1701 ZENGEA PRIVATE LIMITED 3,878 0.01%
1461 SHADRECK MATSVAYI 7,333 0.03% 1577 JENNIFER MAY ZARTMAN 5,350 0.02% 1702 SHARON MBANO 3,877 0.01%
1462 EFE SECURITIES 7,328 0.03% 1578 CHRISTIANA MADUBEKO 5,301 0.02% 1703 STANISLAUS M TAKAENDISA 3,875 0.01%
1579 MICHAEL BESILENI 5,300 0.02% 1704 SHUVAI ALICE MUGADZA 3,850 0.01%
1580 KIRSTY LEIGH KUIPERS 5,300 0.02% 1705 MICHAEL A J VAN RENSBURG 3,850 0.01%
1581 ZAMILE MUSEKIWA 1706 LINDA BOPOTO 3,846 0.01%
1582 BEST SOUTHERN DRILLING SUPPLIERS


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