News / National
Mugabe's son a maize dealer
21 Oct 2016 at 15:17hrs | Views
Robert Mugabe Jr, the son of 92-year-old President Mugabe has reportedly become a maize dealer.
According to the Zimbabwe Independent, Robert Jr sought details from BancABC on maize importation facility.
The publication said BancABC official Lincoln Chirinda wrote to the Reserve Bank of Zimbabwe explaining circumstances surrounding a meeting with Mugabe's son.
Below is part of the letter :
"On Friday 5th of August, I received a call from the main reception where I was advised that Stephen Rwodzi wanted to see me around 12.46 hrs.
"At that time I was attending to another client and only managed to go to the reception and see him around 1300hrs.
"I enquired from Mr Rwodzi the purpose of the visit as I had no prior appointment with him; he advised to me that he needed a letter of confirmation on behalf of Bonero Corporation to give a potential grain supplier. (Mr Rwodzi and Bonero Corporation had a business relationship for the importation of grain on behalf of the Grain Marketing Board).
"Mr Rwodzi introduced me to the two gentlemen in his company who were Mr Robert Mugabe Jr and Mr Billet Magara (I handed them my business cards); he went to highlight the purpose of the meeting which was to explain the mechanics of the grain importation.
"I went to highlight the purpose of the meeting which was to explain the mechanics of the grain importation.
"I went on to explain the process and payment modalities involved upon enquiry.
"There was further enquiry on the use of trade finance instruments such as Letters of credit and Guarantees which I advised the members that it was feasible but highlighted that there was a challenge of very few international banks willing to confirm on our behalf without cash cover".
According to the Zimbabwe Independent, Robert Jr sought details from BancABC on maize importation facility.
The publication said BancABC official Lincoln Chirinda wrote to the Reserve Bank of Zimbabwe explaining circumstances surrounding a meeting with Mugabe's son.
Below is part of the letter :
"On Friday 5th of August, I received a call from the main reception where I was advised that Stephen Rwodzi wanted to see me around 12.46 hrs.
"I enquired from Mr Rwodzi the purpose of the visit as I had no prior appointment with him; he advised to me that he needed a letter of confirmation on behalf of Bonero Corporation to give a potential grain supplier. (Mr Rwodzi and Bonero Corporation had a business relationship for the importation of grain on behalf of the Grain Marketing Board).
"Mr Rwodzi introduced me to the two gentlemen in his company who were Mr Robert Mugabe Jr and Mr Billet Magara (I handed them my business cards); he went to highlight the purpose of the meeting which was to explain the mechanics of the grain importation.
"I went to highlight the purpose of the meeting which was to explain the mechanics of the grain importation.
"I went on to explain the process and payment modalities involved upon enquiry.
"There was further enquiry on the use of trade finance instruments such as Letters of credit and Guarantees which I advised the members that it was feasible but highlighted that there was a challenge of very few international banks willing to confirm on our behalf without cash cover".
Source - Zimbabwe Independent
