JUST IN: $5m for Marange-Zimunya Community Share Trust 

JUST IN: $5m for Marange-Zimunya Community Share Trust 

Source: JUST IN: $5m for Marange-Zimunya Community Share Trust | The Herald June 18, 2018

JUST IN: $5m for Marange-Zimunya Community Share TrustPresident Mnangagwa, hands over the cheque to Chiefs Zimunya (second from left) and Marange (second from right)while Vice President Chiwenga (left), Minister of State for Manicaland Provincial Affairs Monica Mutsvangwa (centre) and Acting Minister of Mines and Mining Development July Moyo (right) look on during the presentation of Zimbabwe Consolidated Diamond Company’s contribution to Marange-Zimunya Community Share Ownership Trust in Harare today.-Picture by Memory Mangombe

Felex Share Senior Reporter—

Government has this morning availed $5 million for the revitalisation of the Marange-Zimunya Community Share Trust.

The cheque, from State entity Zimbabwe Consolidated Diamond Company, was presented to the Marange-Zimunya Community Share Ownership board of trustees by President Mnangagwa.

President Mnangagwa said: “It is our fervent hope that through this vehicle, some of the developmental needs of these communities will be addressed, further impacting on Manicaland as a whole.”

More to follow…


  • comment-avatar
    harper 4 years ago

    Let me guess! Is there an election soon?

    • comment-avatar

      Your guess is right on spot. Yes, an election is around the corner; & as usual it’s time for zanu pf to show us how much it cares about poor people by dishing out cash & kind. It’s not vote buying anyway; It’s just that zanu pf develops too much love of the poor on the eve of each & every other election. Yes, even to the extent of building bridges for their “beloved people” at places where no rivers exist.

      I can also further guess & swear that the cheque is post-dated to some in August (post-election of course). I will leave it others to guess whether it is a real cheque or a dummy; this time around?

  • comment-avatar
    Bwedebwese 4 years ago

    Five diamond-mining companies were initially expected to contribute $10million towards Zimunya-Marange CSOT, to give a total of US$50. When is the balance of US$45million going to be paid to the suffering people of Mutare District?