‘Byo industries require revival first’


Once the industrial hub of the nation, Bulawayo has suffered de-industrialisation effects over the past two decades, with over 100 firms closing down leaving thousands jobless.

In a bid to revive the local industry, the government has designated the city as a Special Economic Zone for leather and textile. NewsDay (ND) business reporter, Mthandazo Nyoni interviewed businessman and industrialist, Delma Lupepe (DL) over these issues. Below are the excerpts:

ND: As an industrialist, what factors do you think contributed to the demise of Bulawayo’s industry?

DL: I think if you want to look at Bulawayo, you must understand historically how it became the industrial hub. The colonial government that we had here, their market was totally in South Africa or through South Africa.

So that’s why you find the National Railways of Zimbabwe was located here in Bulawayo, the Cold Storage Commission was located in Bulawayo, and all these various industries, because their aim really was to export, if they were exporting to South Africa or through South Africa. That was during the colonial era. That is why you find everything, this was the hub. I don’t think Rhodesia even thought of exporting to Malawi, Zambia and places like that.

The whole focus was South Africa, but with the advent of independence, as an African country we had to take our rightful place within the Sadc region or within southern Africa and look at exporting to other countries as well. So this is why we started looking at having other industries even in Harare and other places. But at the same time the change in focus left Bulawayo out.

That is how industry was left behind in Bulawayo.

ND: Do you think perennial water shortages have contributed to the demise of Bulawayo industry?

DL: Not really. It may have contributed, but its contribution was negligible in my view. But the fact that the machinery was already old and needed replacement even during the colonial era, and come independence we didn’t have knowledge or vision or focus to say, look we need to take this industry a step higher. Truly speaking, those that left and those that remained, remained until they saw that the equipment was totally useless and they sold it to black people like myself, who didn’t have an idea about industry.

But getting in there we immediately knew that we needed to recapitalise and re-equip the business, but unfortunately by the time we got in, which is when they let us in by selling the businesses to us, there was the foreign currency issue and there wasn’t enough money.

So there is need to create a fund for Bulawayo. The government, perhaps, can even step in a particular company and say, look we take 40% shares, but we are giving you the money to recapitalise and as you pay back we will also reduce our shares. The amounts involved are too big for our local banks which have, for a long time, been offering short-term expensive money. In other words, it’s money really for trading not for recapitalising whole industry.

ND: Are interest rates offered by local banks comparable with those in other countries?

DL: It depends really on what you want to use the money for. If it’s money for trading purposes, yes they could be slightly high, but if you want to recapitalise, to retool an industry you need cheap money and that is long-term money.

You don’t want a loan that is three years or two years in tenure. No, that’s a short-term loan. You know there are loans that are much longer than that, maybe 10 years or five years going onwards.

There is money out there that can be found. We have ideas of where money could be found. Not just for Merspin, but even for Bulawayo industry. But it’s got to be done correctly. You have to have an audit. Start off with an audit of Bulawayo industry.

What industries have closed, reasons for their closure, can they be resuscitated, can they be revived and do they have an export market or local market? All those issues should be put together and how much do each of those companies need to retool and revive them?

Once you have all that data and all that information together and you know how much we are looking for, we will point the government in the right direction.

But they will have to facilitate somewhere along the line. We know where we need them to facilitate. But you have to know how much you want and what you needed it for and to prove that, yes, this is a viable project.

Just as you do a company business proposal, Bulawayo has got to come up with a business model and with a business proposal to anybody who is going to fund to the tune of $500 million or $800 million or even a billion for that matter. It’s something that is very doable I can assure you. We have spoken to people out there.

ND: What can be done to address the issue of de-industrialisation in Bulawayo? What is the role of the government and private sector there?

DL: If we could link up with organisations like the National University of Science and Technology and the private sector can come in this way.

Probably the university has got financial constraints in carrying out an audit or research on the various industries. That is where the private sector can chip in financially, to enable them to finance such an audit or an exercise.

Once we have a complete document, that we are confident of, there are people out there who are willing to put in the $500 million or $800 million into the Bulawayo industry, but the government should facilitate.

The government’s role here is to facilitate, in other words, providing security. But as individual companies it becomes a bit of a challenge because you now have things like country risk which come in. But if the government is at the forefront, together with us in negotiating these amounts and they put in certain securities that are negotiated government-to-government with these financial institutions, you can raise that money.

We already know of certain institutions that are willing to talk to the government along those lines, provided they get security for the investment.

Those financial institutions speak to their governments and their governments speak to our government in terms of security and once that has been facilitated, money can come in.

ND: Do you think Bulawayo will one day reclaim its status of being the industrial hub of the nation?

DL: It can easily do that because South Africa is still our biggest trading partner. Yes I did indicate that we are now trading with other African countries to our north, but South Africa is still our biggest trading partner. But even sending goods from the Bulawayo industry to the north is not an issue. We can still be the employment centre of the country, not just being the industrial hub.

ND: The government has designated Bulawayo as a Special Economic Zone for leather and textile. Do you think this will solve the city’s industrial woes?

DL: I don’t think they should just limit them to clothing and leather. No, but declare an area a special economic zone then people set up specific industries. Don’t just target leather and textile. This is putting the cart before the horse.

What should come first is the revival of the industry rather than rushing for special economic zones. Yes, it helps to invite investors in, but at first there has got to be some base to which they are coming to invest in. It’s an attraction to an investor, but there is more to what is required.

We need the information because with the passage of time some of the industries are now irrelevant, others are still relevant, some of them can adjust and become relevant and so forth. We can even open new industries and do different things. But we need that research; we need that audit to find out what we have and what we need to do with what we have, either to change it or remove it altogether or to bring in new industries.

We keep on saying, in general, that we want industries reopened without being specific. But once we have information, we know we want industry re-opened, specifically this company, that company and that company and they need so much money and then you are talking. But we cannot continue talking in general terms. We now need to get into the specifics.

When you want industry re-opened, which companies in Bulawayo industries, producing what? Do those things have a market? Do those things have an export market? All those factors help you strengthen your case when you go out there looking for money.

ND: What is the latest with regards to Merspin and are there any prospects of the company coming back to life?

DL: It’s no secret that we have been unhappy with the judicial manager. He was chosen, unfortunately, by workers and we have given him a long rope — six years. Yes, during those six years we have suffered because the company has not been operating, the workers have not been working and we too, as the shareholders, the creditors have been on us because we had guaranteed some of these loans. But I think enough is enough.

If in a period of over six years the judicial manager couldn’t get the company resuscitated, it’s time for him to give someone a chance to try. And we know exactly what to do with that company, once it comes out from that judicial manager who has failed.

Without pre-empting anything, there is a legal process that is taking place and you will see us up and running, that we are certain of. We have been waiting for this judicial manager to come up with something for six years he has been promising and he hasn’t come up with anything.

We are saying we have the ideas on how to revive Merspin which are concrete and we are ready to implement them as soon as we have somebody who can run the place and I think it’s a matter of weeks before we get that place up and running.

ND: How have you suffered as a shareholder due to the delay?

DL: Obviously we had put a lot of our property as security to support the loans that Merlin had taken and when the place is not operating and the creditors want their money, they fall back on the guarantees that were given and then they go for those properties.

So, some of the properties have been sold already. So when we believe that the company is actually viable, that can be run profitably and pay off its own debts, it’s not for sure that we should pay the company’s debts. It’s for that company to pay its debts. So the sooner it gets running and pays its own debts, then it relieves pressure from whoever has guaranteed those loans. In this case it’s us the shareholders.

We have got a plan ready to be implemented. We have investors ready to come in to run Merspin. It’s also one of those companies that have to adjust their business model to become more relevant to the current demands in terms of products. Yes, there is still a demand for nappies, but there is a greater demand for diapers. There is a great demand for sanitary materials.


  1. [url=http://www.soulwork.dk/billige-nike-free-rød-515.html]Billige Nike Free Rød[/url]
    There may be more than one kind of anxiety that is available. Should you be puzzled by which kind of anxiousness you happen to be suffering from, you must discuss issues together with your medical doctor just before looking for treatment or another sources of support. This professional should be able to allow you to recognize your triggers.


    If you are choosing a espresso grinding machine out, select one that has cone-designed or smooth burrs for crushing. The reason behind it is because grinders of this variety don’t make all the temperature. This can retain the coffee unadulterated. Blade grinders could have inconsistencies. They get too warm and can wreck the legumes by eliminating them.


  2. [url=http://www.uffg.es/jordan-retro-6-594.html]Jordan Retro 6[/url]
    Usually do not put wallpaper on your wall surfaces if you plan on offering your home. Just because the wallpaper may possibly satisfy your design does not mean it is going to in shape the design and style of individuals that will reside there after you. In case your wall surfaces need a alter, just adhere to piece of art them.


    To help remove acne, you can consider using licorice root. It’s an all-natural natural herb as their elements happen to be seen to decrease the swelling of acne and eliminate it as well. Licorice basic is useful for those with all kinds of skin and works extremely well everyday.


  3. [url=http://www.soulwork.dk/nike-free-str-28-980.html]Nike Free Str 28[/url]
    It is possible to re-use your gourmet coffee reasons for a lot of items. Coffee reasons are good for getting rid of scents like garlic herb and onion in your fingers. You may also make use of them on meals that reject to get clear with normal washing. Espresso grounds could even be utilized in the garden to manage pests that damage your vegetation.


    A cash advance will help you during a difficult time. You simply need to be sure you read all the tiny print out and obtain the information you need to produce educated options. Use the guidelines to the very own pay day loan encounter, and you will find that the procedure will go much more smoothly for you personally.You Are Able To Overcome Your Back Pain With One Of These Ideas


  4. [url=http://www.soulwork.dk/nike-air-max-zero-id-046.html]Nike Air Max Zero Id[/url]
    When attempting to rent payments industrial real estate property you should make positive to try to work out using the landlord well before agreeing to the cost that she / he is asking for. Several property owners purposely inflate prices to have room for negotiations on terms so you need to use that to your great advantage.


    Sometimes standard and cost-effective ways of coping with squeaky entrance doors may do the job. What follows is a inexpensive choice you could try: Remove the hinge pin as typical, and rub it with typical nightclub detergent. Then swap the pin and open and close the entrance permit the detergent disperse on the hinge components.


  5. [url=http://www.msmediacenter.nl/nieuwe-nike-air-max-thea-dames-412.asp]Nieuwe Nike Air Max Thea Dames[/url]
    When you buy precious jewelry to give like a gift item, be sure to select items that are appropriate to the partnership you must the beneficiary. The charge, style and material of present precious jewelry all say a lot about the way the giver feels concerning the receiver. Make sure that your present is not going to imply a partnership that will not are present.


    When adding the concluding touches with an report, ask yourself if you would be delighted to work such a item in your e-zine. If the reply is indeed, make no mistake that you will be offering quality content in your article promotion affiliates as well as your individual internet site. Consider this question before you decide to place your close of approval on any articles you create.


  6. [url=http://www.belindarodik.de/nike-kinderschuhe-grün-844.htm]Nike Kinderschuhe Grün[/url]
    Training your dog is beneficial for the house having a dog family pet for many reasons. One particular, it’s much easier to have relatives and buddies above minus the puppy woofing or jumping. Also, they can be less likely to destroy household furniture. Go through these easy methods to train your pet so that you can live jointly peacefully.


    To obtain a fantastic image, be sure you notice the around things when framework the photo. Way too many times there are annoying, undesired components like trash can, telephone cables as well as your fingertip intruding in the photo. Structure the photo which means your subject matter and a non-distracting background will be the only components in view.


  7. [url=http://www.webdesigner4me.de/deichmann-skechers-memory-foam-449.html]Deichmann Skechers Memory Foam[/url]
    If you want to depart your campsite to participate in in activities like fishing or walking, be sure you learn how to get back. Many people come to be misplaced when doing these items and it may be challenging that you can be seen keep in mind, most mobile phones usually do not function in these locations.


    Ask your mates, loved ones, and co-staff to determine what capabilities they may have that can help you with your wedding event. For example, your best friend probably have worked as a florist along with a birthday cake decorator, one particular cousin can be quite a Disc-jockey and also the other a digital photographer, and possibly your Grandma is eager capable to do each of the catering!


  8. [url=http://www.quantasia.nl/668-converse-all-stars-laag-blauw.html]Converse All Stars Laag Blauw[/url]
    Spilled some red wines in your stunning bright white bed linen tablecloth? The first task would be to fill soft drink water on the spot. No soft drink h2o on hand? White wine will do. Blot it by using a document bath towel to absorb the liquefied, then wash it in bleach and chilly drinking water to get the spot out.


    Individual bankruptcy is not really in any way a simple repair for creating inadequate financial choices previously. It really is a selection that can have an impact on your monetary nicely-becoming for, at the very least, another ten years. As a result, your choice really should not be used gently. Use the following advice to plan for the method and determine if it is really, the only answer to your position.


  9. [url=http://www.gelovenisgelukkigleven.nl/diesel-riem-wit-722.php]Diesel Riem Wit[/url]
    Getting expecting may be tiring since you are doing almost everything for a couple of. One tip is to slow and take a brief sleep anytime you can. It will be good for you along with your child, simply to just forget about everything and have a energy sleep to try to renew on your own and have a break.


    It can be hard to know what the topic of your video needs to be. One of the best ways to determine which will probably be effective is as simple as looking at what other folks have performed. How-to video tutorials, commentary on present occasions, and interview with all those “in the know” are typical issues which may have proven exciting to internet users.


  10. [url=http://www.wallasch-medien.de/camouflage-nike-roshe-run-312.html]Camouflage Nike Roshe Run[/url]
    There exists a good possibility that you may be dissatisfied using the results of your plastic surgery. You are able to reduce the odds by doing all of your investigation concerning the operating specialist and center you are having your process carried out at. Make sure that the surgeon has all the appropriate qualifications and a wonderful standing in the community.


    An incredible idea for your personal distressing hemorrhoids would be to consider to use a nicely verified natural approach to implementing yarrow tea to your anus using a natural cotton tennis ball. This can be a amazing technique to help save from acquiring high-priced creams or ointments and introducing possibly damaging chemical substances to your system.


  11. [url=http://www.techandplay.es/donde-comprar-zapatos-de-manolo-blahnik-591.html]Donde Comprar Zapatos De Manolo Blahnik[/url]
    This selection is not so overwhelming since you now can strategy it with so much knowledge at your fingertips. You happen to be armed from the foibles of your impulsive decision which could cost dearly in the long term. You are ready to carefully look at almost everything about this home, from cellar to roof. May the home you select be a host to happiness for a long time!Start Using These Techniques For Profitable Stock Market Investing


    Examine a autos all round consumer ranking before making any purchase. The great thing about buyer studies is you can save from building a poor buy quickly. These reports can let you know exactly how much you must anticipate to dedicate to improvements and just how very long the automobile can last normally.


  12. [url=http://www.solarcoating.de/mk-taschen-billig-kaufen-382.php]Mk Taschen Billig Kaufen[/url]
    Be sure that you do not have replicate content. You should check for this particular by utilizing the robots that happen to be on the market. If you have articles that is replicated, the major search engines probably will tag your blog for junk e-mail, and you will definitely not end up receiving the interest that you are searching for.


    Food preparation can be a procedure that we have been never done researching. The most accomplished world famous culinary chefs will still take a risk to understand a new technique from your colleague. On this page we are going to try out to give you a couple of features of some helpful cooking food information and facts.


  13. [url=http://www.folkeoplysningspolitik.nu/nike-air-max-90-essential-bayan-spor-ayakkabi-069.html]Nike Air Max 90 Essential Bayan Spor Ayakkabi[/url]
    It is very important read through outstanding books and information when you find yourself battling with cancers. It is actually the best way to uplift your spirits and make you truly feel strong inside and out. It is essential to have a excellent mental image for the future when you are managing malignancy.


    After it is time for you to replace your coverage, make sure you take time to get quotations from other businesses. You may find that you might get the same insurance coverage from a diverse firm cheaper than the things you have already been purchasing the current coverage that year.


  14. Самые эффективные заменители Виагры Разные неприятности с эрекцией в старшем возрасте может испытывать огромное количество мужчин, но современная медицина очень хорошо и эффективно борется с данной проблемой при помощи Виагры. Виагра сама по себе — великолепный препарат с минимальным количеством побочек, но ее весомым минусом стала высокая рыночная цена. В данном материале мы поговорим о некоторых, наиболее доступных дженериках обычной Виагры:

    Сиалис — это самый первый и самый эффективный аналог запатентованного лекарства для усиления потенции на российском рынке. Приобрести это лекарство а еще [url=http://via-sexgra.ru/cialis-kupit-moskva]дженерик сиалис отзывы врачей[/url] по самой привлекательной стоимости вы можете на сайте via-sexgra.ru

    Употребляется и дозируется качественный сиалис точно так же, как и обычная Виагра.

    Известно, что после Сиалиса было придумано и синтезировано большое количество препаратов с аналогичным воздействием на организм. Самым сложным препаратом такого рода является Левитра, которая действует на эррекцию намного быстрее и эффективнее, при этом меньше действуя на сердечно-сосудистую систему мужчины. Западные доктора, по результатам последних опросов, начинают все чаще прописывать Левитру вместо дженерика Виагры.

    Шпанская мушка стала лучшим природным афродизиаком со сходным с Левитрой действием, который подойдёт и женщинам и мужчинам. Привлекательной стороной экстракта шпанской мушки считается минимум побочек, однако стоит он в среднем дороже чем иные препараты. Все представленные в материале дженерики вы всегда можете купить через интернет и заказать доставку Почтой России. Посылка будет на сто процентов анонимной, данные покупателя удаляются моментально после подтверждения доставки.

  15. Mr. Lupepe you need to travel and you will know that the whole country needs revival first. Every part of this country needs revival its a dead country. Don’t mislead those who killed the country to say its Byo; lizwe lonke needs revival.

  16. Если у тебя есть необходимость в мгновенном займе, мы советуем проанализировать вероятность виртуальных займов.

    Сегодня займ онлайн без отказа онлайн с плохой кредитной историей срочно очень известны и уже смогли завоевать интерес у людей. Если вы стремитесь узнать больше сведений касаемо виртуальных займов, переходите «анкор» сюда.

    На creditseq.ru вы имеете возможность оформить быстро займы срочно онлайн оформить . Веб-ресурс одобряет 98% заявок. Всё, что вам необходимо сделать – это подобрать фирму.

    Затем необходимо перейти на «Получить займ» и администратор с тобой установит связь для уточнения всей информации. На ресурсе представлено большое количество финансовых организаций, которые организовывают моментальные займы. Вы можете получить займ на сумму 10.000 рублей термином до 30 суток.

    Портал предоставляет только действующую информацию, а по основным нюансам вы можете помимо этого устанавливать связь с технической поддержкой.

Comments are closed.