Home » Business » ZIMBABWEAN SUGAR COMPANY DENIES FUNDING OUSTED VICE-PRESIDENT MUJURU TO STAGE COUP

HARARE, March 20 — Sugar producer Tongaat Hullet Zimbabwe Limited (THZ) has refuted allegations that it is funding some members of the ruling Zanu PF party led by former vice-president Joice Mujuru who stand accused of plotting to remove President Robert Mugabe from power.

The firm, a subsidiary of South Africa’s Tongaat Hullet Group, has on several occasions been mentioned in the alleged plot to undemocratically unseat President Mugabe.

Appearing before the Parliamentary Committee on Youth, Indigenization and Economic Empowerment here Thursday, THZ managing director Sydney Mtsambiwa said the sugar producer’s hands were clean.

“Our company unequivocally states that it has never been and will not be involved in any subversive activities aimed at unlawfully engaging in activities of that nature. We have never done that and I believe to
the best of my knowledge that that allegation has no foundation or basis in truth,” he said.

Asked whether the company had financed individual campaigns or made donations to sacked former Cabinet ministers Dzikamai Mavhaire and Kudakwashe Bhasikiti, Mutsambiwa said the company had only dealt with the two in their capacities as government officials.

Mavhaire is a former Energy minister while Bhasikiti was the Minister for Masvingo province.

“The two gentlemen (Mavhaire and Bhasikiti) are not shareholders in our company. We have never sponsored them in their individual capacity other than in the capacity that they approached our organization as members of Zanu PF in order to facilitate certain activities such as the national conference which we have supported for a long time,” he said.

Mtsambiwa pledged to provide the proof of the donations that the company made in support of some of the ruling party activities.

Bhasikiti, Mavhaire and Muuru were fired from government after revelations of their plot to unseat President Mugabe amid pointers that the two ministers had been mobilizing funding for their secret mission from Tongaat Hullet Zimbabwe and other companies.

Meanwhile, Mtsambiwa said the sugar producer was not yet complaint with the country’s indigenisation laws.
The laws demand that locals be majority owners, with a minimum of 51 percent shareholding, in major companies operating in the economy.

Mtsambiwa said the company had submitted its indigenisation plan to the government in 2012 which they were asked to revise after failing to satisfy Youth, Indigenisation and Economic Empowerment Minister Saviour Kasukuwere.

SOURCE: NEW ZIANA

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