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Zanu-PF denying Mbare needed investment

by Staff reporter
10 Feb 2015 at 07:03hrs | Views

Mbare residents have been denied investment deals worth more than $100 million that could have turned the populous suburb into an uptown area and a world class centre had it not been for Zanu-PF violence.

Zanu-PF youths have been at the centre of fights in the area here they recently chased away United Arab Emirates investors who wanted to pour in more than $45 million towards construction of a state of the art Shawasha business complex close to Mupedzanhamo market.

The youths also recently blocked a $15 million housing project bank rolled by the Bill and Melinda Gates Foundation resulting Harare City Council moving the project to Dzivarasekwa.

As if that was not enough, the local authority has also shelved another mega project that could have seen Mbare bus terminus getting a facelift by fitting it with modern electronic systems to monitor movement of buses from all over the country and region.

The deal was estimated to cost $400 000.

Source - newsday
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