The ZIMBABWE Situation | Our
thoughts and prayers are with Zimbabwe - may peace, truth and justice prevail. |
The Pensioner’s Fund
Newsletter (Issue 1 January 2003 – August
2003)
BACKGROUND
In
the past abandoned elderly people and children were a rarity. Due to the current political and economic
uncertainty prevailing throughout Zimbabwe this is no longer the case. The number of individuals affected is soaring
daily. Many motivated and well
subscribed charity organisations focus on the burgeoning street kid
population. International Aid
organisations have a longstanding focus on the plight of our rural people. Many well-respected groups assist the
ever-increasing needs required by various orphanages. More recently elderly people in our community
on limited pensions are unable to sustain themselves effectively and a number of
horrific situations have come to light.
Some examples of distress cases in this regard are highlighted in this
issue. A group of local businessmen
formed an alliance with a view to channelling assistance to these elderly
people. The Pensioner’s Fund was thus
formed.
INTRODUCTION
The following is the team responsible for the inception and
control of The Pension Fund
Tony Barfoot: Formerly Chief Executive of the
Stock Exchange
(Trustee)
John McPhun
Formerly Chief Executive of Marsh Ins Brokers
(Trustee)
Clive Midlane
Managing Director Arrow Insurance Brokers (Fund
Raiser)
Garth Thompson
Managing Director Natureways (Fund
Raiser)
John Legat:
Chief Executive Imara Asset Management (Fund
Raiser)
Stewart Cranswick
Managing Director Landela Safaris Group (Fund
Raiser)
Marion Futter
Chairperson Fairways Homes
(Trustee)
The Immediate committee is responsible for the adequate
distribution of funds to local organisations with established infrastructures in
place, for example, Meals On Wheels, Senior Citizens Club, Rotary Club and
others. These organisations have
expansive communication networks and access to reliable information on priority
cases. The abovementioned would liase
with The Pensioner’s Fund in terms of support for fundraisers and specific
project donations as well as immediate assistance to cases earmarked
“desperate”. Facilities for receiving
donations have been set up locally, regionally and
internationally.
FINANCIALS
As
at September 2003
Subscriptions ZWD 150,000,000.00
______________
Capital
Gain ZWD 180,000,000.00
Payments To
Date ZWD
500,000.00 (Meals On
Wheels)
ZWD 1,200,000.00 (Senior Citizens
Club)
ZWD
500,000.00 (Lions
Club)
ZWD
500,000.00 (Bezer
Ministries)
ZWD 2,000,000.00 (R B Driver)
ZWD 1,000,000.00 (BS Leon Trust)
ZWD 2,000,000.00 (SOAP) (Bulawayo based “Save Our Old Age
Pensioners”)
ZWD 1,000,000.00 (Fairways
Homes)
ZWD
500,000.00 (Brocklehurst Trust -
Chivhu)
ZWD 3,000,000.00 (Eastern Highlands
Trust)
ZWD 2,000,000.00 (Atholl Evans)
ZWD 2,000,000.00 (Queen Mary’s)
ZWD 2,000,000.00 (Dorothy
Duncan)
ZWD 2,000,000.00 (Malvern
Chinhoyi)
ZWD 2,000,000.00 (Edith Dooley)
ZWD 2,000,000.00 (Barbara
Burrell)
ZWD 2,000,000.00 (MOTH)
ZWD 2,000,000.00 (Bogey)
ZWD 2,000,000.00 (Pioneer
Masvingo)
ZWD 2,000,000.00 (Malvern
Mvurwi)
______________
ZWD 32,200,000.00 TOTAL DONATED TO
DATE
______________
Imara Asset Management (formerly Fleming’s Asset Management)
manages The Pensioner’s Fund and accounts will be audited by Tony Barfoot. The Pensioner’s Fund’s initial aim was to
raise ZWD 100 million or more prior to making an impact in terms of meaningful,
practical donations. In addition this lump sum, invested, would provide income
in terms of interest received to allow The Pensioner’s Fund continuity and
long-term sustainability. The response to the concept has been very gratifying
and The Fund has been able to assist numerous organisations earlier than
expected. Marion Futter is putting together a list gleaned from the many
distress cases currently being received.
These will be categorised A to D, with D being the more desperate
cases. These cases will be thoroughly
investigated and the individuals affected would be found placement in existing
homes. Reports from other charities will
be relied upon, in addition to requests from established homes as it is felt
that donations from The Pensioners Fund should ideally be channelled through
them.
DISTRESS CASES
Approximately 30 families and pensioners are currently
borderline destitute and living within high density suburbs like Mbare and
Chitungwiza
Recently in Strathhaven an elderly couple were faced with
medical bills they could not afford and committed
suicide.
An elderly lady
resident in Avondale West who relies on a meagre pension is due for eviction as
she has no ability to pay rent
An
elderly lady residing in J. Tongogara Avenue has discontinued her medication as
she can no longer sustain this expense as well as feed
herself.
An
elderly lady residing in Bath Road has had no electricity for years and lives in
what can only be described as squalor
Elderly People are selling their possessions at the senior
Citizens Club in order to survive
An
elderly couple in Fife Avenue recently had their rent doubled and are existing
in dire circumstances
An
elderly person residing in the Salvation Army Cottages cooks on a fire of
collected twigs and relies on handouts to survive.
These are a few of the multitudes of reports coming in. The above are facts not rumour and there are
many similar heartbreaking stories.
These individual cases are among a number being investigated currently by
various organisations assisted by The Pensioners Fund. The organisation is also looking into
assistance required by all the old age homes in Zimbabwe and in turn this
alliance allows the fund to secure the placements for those in need within the
homes.
FUND RAISING
A
number of ideas have been put forward at the regular meetings held by the
committee including the arrangement of Golf Days as well as Polo events. The approach of franchises such as Spar for
food vouchers has been put forward and discussions in this regard are
underway. The Fund Trustees are also
looking into the subsidy of medical prescriptions for the elderly. Any and all ideas will be made use of and
suggestions and feedback will be welcomed.
All details of events will be broadcast through the press and via the
newsletter.
CONTACTS
A
number of contacts are available immediately and these are as
follows:
Louisa Colquhoun louisa@landela.co.zw (04 706368)
Clive Midlane arrow@mweb.co.zw (04 747777)
Stewart Cranswick Stewart@landela.co.zw (04 734043)
Chris and Debbie Bradshaw diba@it.bw (Botswana contact)
BANK ACCOUNT DETAILS
Zimbabwe Dollars Cheques made out to “Fed nominees”. Please write on the back “Pensioners Fund”
The cheques can be posted to
Beaullah Hove
Imara Asset Management
First Floor, Block 4
Tendeseka Office Park
Samora Machel Avenue East
HARARE
Pounds Sterling “Obelisk International
Trust Company Pensioners
Fund”
Post to: Roger
Mathews
Obelisk International
8 – 10 Devonshire Place
St Helier
JERSEY
JE2 3RD
UK
United States Dollars “Obelisk International Trust
Company Pensioners
Fund”
Post to: Roger
Mathews
Obelisk International
8 – 10 Devonshire Place
St Helier
JERSEY
JE2 3RD
UK
Botswana Chris and
Debbie Bradshaw
(diba@it.bw)
“DELOITTE & TOUCHE ZIMBABWE
FUND”
C/O FIRST NATIONAL BANK, MAIN MALL BRANCH, CAPITAL BUILDING, PLOT 1108, MAIL MALL, PVT
BAG B052, BONTLENG, GABORONE, BOTSWANA, TEL:
+267 3959422, FAX: +267
3912596
ACCOUNT NUMBER:
62055647344
BRANCH CODE: 282867,
SWIFT CODE FIRNBWGX
E Mails for further information to:
diba@it.bw
In
conclusion. On behalf of those who are
benefiting, our sincere gratitude is extended to those who have subscribed to
this cause to date. This is an ongoing
and vital lifeline for our elderly and we know we can make a difference with
your continued support.