Mnangagwa Looters List: Business Organisations Express Displeasure

Confederation of Zimbabwe Industries (CZI), which represents the country’s manufacturing sector and the Zimbabwe National Chamber of Commerce (ZNCC) expressed displeasure over the inclusion of some of its companies on a list of looters released by President Emmerson Mnangagwa on Monday.

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CZI Matabeleland region chapter president, Mr Joseph Gunda said some of the companies that appeared on the list of looters had submitted their acquittals to the Reserve Bank of Zimbabwe (RBZ) on time. Gunda said the inclusion of some companies on the list tarnishes their image and reputation. Said Gunda:

We are still examining that list. There are some of our members that have already submitted their acquittals to RBZ but when the list of externalisers came out, they were still included. We also want to get a comprehensive report on how many of our members have been affected after, which we will then find a common position to get the matter addressed.

A ZNCC member who declined to be named said that it is surprising that their company is on the list of looters when the machines they imported are still at the border. Said the ZNCC member:

It’s sad, I am on the list yet the machines I imported are still at the border. We have been applying for extension but our banks and the central bank are letting us down. How on earth can someone externalise $11 000.

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