CABINET has approved the formation of a company, Power Zim, to be run by war veterans, as the former freedom fighters venture into business.
by VENERANDA LANGA
This comes as the war veterans have identified areas to venture into such as a bus assembly plant, chrome mining as well as beneficiation of natural resources for exportation, War Veterans Minister Christopher Mutsvangwa said last week.
“Power Zim was approved by Cabinet in October and we are already working at full speed to implement and engage some of the most competent names in various industries to deliver top notch goods and services in Zimbabwe, Africa and the world,” he said.
Mutsvangwa was addressing war veterans in Kariba at a workshop organised by the Centre for Legal Resources and Research and the Justice ministry for alignment of laws that affect the former freedom fighters laws with the Constitution.
“Innovation is in the DNA of war veterans and we are looking at establishing a bus assembly, and to identify competent Zimbabwean companies with a good track record to work with war veterans,” he said.
“We are also looking at getting into the chrome industry, and we are happy that Cabinet and the President have agreed to put chrome back into the Zimbabwean global trade.”
Mutsvangwa said war veterans were also looking into taking land for farming and to become big players in the beef market and supply China, Indonesia and central Asia.
Mutsvangwa said the Zimbabwean agricultural capacity should go beyond national food production and export food to other countries.
“We are also developing bonds with other former liberation movements in the region to incubate former liberation fighters into business. The purpose is to look at pursuing business in the region and Mozambique and its ports in Beira are vital, and that is why Zimbabwe fought Renamo to defend that port.”
Mutsvangwa said Zimbabwe should seize opportunities of logistics at Beira ports to import maize to mitigate hunger using war veterans, who are experienced strategists.
“We want to take part to ensure the promise of the President when he said that no one will die of hunger is fulfilled. We want support for the National Railways of Zimbabwe to ensure food comes from outside because the main challenge is not the money to buy the maize, but the logistics of moving 1,8 million tonnes into the country,” he said.