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Tuesday, 30 May 2023

7-star hotel for Vic Falls

VICTORIA Falls City Council has partnered with CBZ Bank and a Swiss developer to build a 7-star hotel in the resort city.

The city’s mayor Councillor Somvelo Dlamini told Chronicle that designs for the ambitious project have been done while a piece of land has been identified.

Work is now underway to finalise some internal processes at central Government and local authority levels.

No budget has been finalized yet as planning is ongoing, according to Cllr Dlamini, who was not at liberty to disclose details about the Swiss company and the partnership.

He, however, said the city was on a rapid development and growth trajectory in line with the country’s drive towards becoming an upper middle-income economy by 2030.

“There is a lot of development that is coming to the city and as we speak, we have partnered with CBZ and a Swiss company to come and build a 7-star hotel here in Victoria Falls.

“Plans are underway and once approved the project will kickstart and construction of the hotel will begin,” said the Mayor.

He said land was identified behind Victoria Falls Hotel, between the railway line and Zambezi River gorges. At the moment, Victoria Falls, which is Zimbabwe’s tourism capital has only two 5-star hotels.

This comes as Cabinet recently approved the implementation of the Masuwe Special Economic Zone (SEZ) project, which will have state-of-the-art facilities, including 5-star hotel and conference sfacilities, following a feasibility study that found the scheme to be highly profitable.

The Mosi-oa-Tunya Development Company was tasked with implementation of the Masuwe SEZ project. The Cabinet approval has paved way for implementation of the Masuwe SEZ project, which Environment, Climate, Tourism and Hospitality Industry Minister Nqobizitha Mangaliso Ndlovu has said needs to be speedily actioned since a consultant had been engaged.>

In terms of Masuwe city scope, Government earmarks to have a multi-million dollar 4-star hotel, a 5 000-seater conference centre, medical centre, a golf estate and shopping mall.

Tourism players have said Zimbabwe, Victoria Falls in particular, faces a critical shortage of rooms and conferencing facilities, which presents a low-hanging fruit for investment.

Since the coming in of the Second Republic, significant developments have been made in tourism infrastructure through partnerships, with a number of hotels and lodges having been built. However, a majority of them have less than 100 rooms each.>

Cllr Dlamini said besides creating employment for locals, the project will change the face of the city. He was speaking soon after a recent tour of the Victoria Falls Hospital by the Ministry of Health and Child Care and said the city needs modern infrastructure to attract investors.

“There is a piece of land that has been identified for this hotel and plans are underway. Once approved by Cabinet they will come to council. Designs have been done and have been shown to us as we wait for approval by the department of planning,” said Clr Dlamini.

“For now, we don’t have figures yet because we are still on the planning stages. So, we are going to engage the investor and then engage Government,” he said.

Tourism is one of the key economic drivers in the country alongside mining, agriculture, and manufacturing, and infrastructure development in the sectors is one of the crucial elements as the Government implements the National Development Strategy (NDS1), which builds momentum towards towards Vision 2030. — @ncubeleon

Source: 7-star hotel for Vic Falls (30 May 2023)

Tuesday, 16 May 2023

FIU unfreezes accounts of ‘Gold Mafia’ suspects

 The Reserve Bank of Zimbabwe’s Financial Intelligence Unit has lifted the order freezing bank accounts and assets of officials allegedly involved in the “Gold Mafia” of gold smuggling, money laundering and bribery outlined in an Al Jazeera documentary.

The FIU had not identified money laundering or financial crime linked to the Al Jazeera allegations, hence the unfreezing, but the unit made it clear that the unfreezing was without prejudice to investigations and resulting action by law enforcement agencies. The FIU would co-operate in any international investigations.

The accounts and assets were frozen so the FIU could carry out investigations into self-incriminating comments made by the officials in the four-episode Al Jazeera documentary.

Government had directed relevant State organs to launch investigations into the allegations made in the documentary as some people had confessed to engaging in corrupt activities.

In a statement yesterday, the FIU’s director general Mr Oliver Chiperesa, said the decision to unfreeze the officials’ assets had been informed by a careful investigation and analysis of the documentary.

“Following the broadcast of Al Jazeera’s documentary series titled “The Gold Mafia” the Financial Intelligence Unit issued a directive on 31 March 2023 directing financial institutions to identify, freeze and report bank accounts and other financial assets owned or controlled by individuals who were alleged to have played key roles in alleged acts of money laundering and other financial crimes.

“The FIU exercised its temporary freezing powers to ensure that any illicit proceeds connected to the allegations in the documentary would not be dissipated or disposed of by the persons concerned and prejudice potential future investigations,” he said.

Mr Chiperesa said the FIU had not identified any irregularities linked to allegations made in the documentary.

Assets belonging to Cleopas Chidodo, David Chirozvi, Mehlululi Dube and Frederick Kunaka had been frozen.

Chidodo is the Civil Aviation Authority of Zimbabwe head of security who was captured in Episode 2 of the documentary narrating how he assisted gold smugglers avoid detection as they transport contraband to Dubai via Robert Gabriel Mugabe International Airport, while Chirozvi is the head of finance of the RBZ subsidiary Aurex Jewellery. 

Kunaka is the General Manager of Fidelity Printers and Refiners and was allegedly on the payroll of the gold mafia during which he received a kickback of US$30 000 a month according to the documentary.

Dube, who was allegedly being paid US$3 000 per month by the gold smuggling syndicate, is associated with Golden Beryl Private Limited.

“The FIU, working in close collaboration with law enforcement agencies, has since concluded its analysis of the four episodes of the Al Jazeera documentary and has also analysed the financial assets and transactions of the persons implicated in the documentary and has determined that there is no good cause for the freezing order to remain in place.

“The FIU has not identified transactions or assets linked to money laundering and related financial crime connected to the allegations in the Al Jazeera documentary,” said Mr Chiperesa.

“In view of the above, the FIU has directed financial institutions to unfreeze all the accounts and other financial assets that had been frozen pursuant to the directive of 31 March 2023.”

The FIU, said Mr Chiperesa, was ready to cooperate with any international investigations as required.

He said the unfreezing of the assets was above board.

“The unfreezing action is without prejudice to any further investigations that law enforcement agencies may wish to commence or continue against any of the persons involved.

“Some of the allegations in the documentary relate to money laundering and financial crimes alleged to have taken place outside Zimbabwe’’s borders.

“The FIU, if so requested, stands ready and is indeed mandated to cooperate with any international investigations against any of the persons or entities mentioned in the documentary,” said Mr Chiperesa.

Source: FIU unfreezes accounts of ‘Gold Mafia’ suspects (15/05/2023)

See also:

Victoria Falls Bits and Blogs (6th February 2023) Victoria Falls City Council in ultimatum tiff with Wild Horizons.

Victoria Falls Bits and Blogs (24th March 2023) How a ‘Gold Mafia’ is looting Southern Africa, washing dirty cash.

Victoria Falls Bits and Blogs (6th April 2023) Zanu PF-linked gold baron loses land tussle.

Victoria Falls Bits and Blogs (30th April 2023) Mnangagwa ally suffers another Victoria Falls blow.

Victoria Falls Bits and Blogs (16th May 2023) FIU unfreezes accounts of ‘Gold Mafia’ suspects.

Saturday, 6 May 2023

Tourism revival exposes Zimbabwe accommodation crisis

 VICTORIA FALLS, (CAJ News) – THE policy by Zimbabwe to attract international conferences to boost tourism is proving a double-edged sword.

While the Meetings, Incentives, Conference and Exhibitions (MICE) policy is bearing fruit, the country’s tourism sector is struggling to meet demand, especially for accommodation.

Last week’s Transform Africa Summit, held in Victoria Falls exposed the deficit.

Around 4 000 delegates from close to 100 countries attended. These included five heads of state and 44 ministers.

The summit ended on Friday, which coincided with the start of the Victoria Falls Carnival, also attracting thousands.

Having several heads of state at the same time in the city proved a challenge in terms of availability of presidential lodgings.

As a result, host president, Emmerson Mnangagwa, and Paul Kagame of Rwanda flew back to Zimbabwe’s capital Harare soon after officiating. Hakainde Hichilema of Zambia drove to Livingstone in his country.

Only Lazarus Chakwera of Malawi and Eswatini’s King Mswati III spent the night in Victoria Falls.

The 4 000 delegates could also not be accommodated in mainstream hotels and lodges. Spillovers especially locals sought accommodation in private homes as shortage of hotel rooms exposed the need to invest in hotel facilities.

Despite being Zimbabwe’s tourism capital and one of the Seven Natural Wonders of the World, Victoria Falls only has two five-star hotels, namely the Victoria Falls Hotel and Palm River Hotel.

Zimbabwe has a total room capacity of just over 6 000 rooms. Victoria Falls has around 2 000 rooms.

Hospitality authorities have said the country needs an estimated 20 000 rooms by 2030 to match tourism growth.

There is also a shortage of conference facilities in Victoria Falls. The biggest conference room at Elephant Hills Hotel takes less than 600 people.

The exit of Kingdom Hotel early in the year exposed the city as the casino conference centre at the facility was the biggest in the city, taking 900 guests.

Farai Chimba, the Hospitality Association of Zimbabwe (HAZ) president, said, “Zimbabwe has a huge deficit of rooms. Current stock remains very low.”

Winnie Muchanyuka, Zimbabwe Tourism Authority (ZTA) chief executive, also expressed concern about the lack of big conference facilities.

Environment, Climate, Tourism and Hospitality Industry Minister, Nqobizitha Mangaliso Ndlovu, said the government is encouraging the private sector to invest in tourism infrastructure.

“We can only see a shortage of rooms in the country and here in Victoria Falls when there is demand for those rooms,” Ndlovu said.

“We need to have a discussion with industry and see how we can increase the number of rooms we are looking at, especially the increasing number of international business conferences that are coming into Zimbabwe and more importantly into Victoria Falls,” Ndlovu added.

Despite the challenge of facilities, the minister welcomed the revival of the MICE sector.

“Zimbabwe is fast becoming a conference destination of choice both locally and internationally,” Ndlovu said.

Source: Tourism revival exposes Zimbabwe accommodation crisis (05/05/23)

Monday, 1 May 2023

Mnangagwa ally suffers another Victoria Falls blow

 A bid by one of President Emmerson Mnangagwa's allies to evict a leading tour operator in Victoria Falls suffered another setback after the local municipality withdrew his offer letter for a prime piece of land.


Councillors voted against the bid by Scott Sakupwanya, a gold dealer, to evict Wild Horizons from its leased property to pave way for the construction of a US$50 million luxury hotel.

Wild Horizons has been operating in the area for three decades and holds rights to the land until 2029.

According to reports, it is not clear how much Sakupwanya, through his Betterbrands company had offered for the land.

Reports say land prices in the resort town rocketed after it was declared an international financial centre about a decade ago.

In December 2020, it was also granted city status.

In a letter addressed to Wild Horizons dated April 19, Victoria Falls town clerk Ronnie Dube said the local authority was withdrawing its earlier plans to evict the company.

"Further to my letter to you dated 30 December 2022 and the subsequent letter dated February 1, 2023, council in committee No.26 on April 3, 2023 resolved that the letter written by the town clerk on December 30, 2022 be withdrawn," the letter reads.

The letter is titled: Withdrawal of notice to relocate the Jetty site from Stand 1392 A to part of the Boat Club.

On December 30 last year, Dube had allegedly unilaterally directed Wild Horizons to vacate the land.

He said the council had decided to repurpose the area.

His move subsequently triggered a fierce dispute between the local authority and Wild Horizons.

Wild Horizons argued that it had the right of first refusal on any sale of the land, according to documents seen by Zimbabwe Independent.

Sakupwanya did not respond to questions on whether BetterBrands would seek an alternative piece of land.

This is not the first time that Dube has been accused of acting unilaterally in important matters relating to public assets.

The property in question sits on over nine hectares and is believed to be worth millions of United States dollars.

Wild Horizons operates a lucrative boat lending business.

See also:

Victoria Falls Bits and Blogs (6th February 2023) Victoria Falls City Council in ultimatum tiff with Wild Horizons.

Victoria Falls Bits and Blogs (24th March 2023) How a ‘Gold Mafia’ is looting Southern Africa, washing dirty cash.

Victoria Falls Bits and Blogs (6th April 2023) Zanu PF-linked gold baron loses land tussle.

Victoria Falls Bits and Blogs (30th April 2023) Mnangagwa ally suffers another Victoria Falls blow.

Victoria Falls Bits and Blogs (16th May 2023) FIU unfreezes accounts of ‘Gold Mafia’ suspects.


Wednesday, 26 April 2023

A World Heritage Designation Can Be a Blessing, or a Curse

 To the north up the Kenyan coast is Lamu Town, its small streets humming with the sounds of chisels and hammers crafting Swahili doors, and donkeys carrying heavy loads of coral limestone. Locals and tourists jockey for space in the zigzagging alleys, with shops selling everything from silver jewelry to body products made with locally grown baobab.


Down the coast, in neighboring Tanzania, is Stone Town of Zanzibar, with its bustling fish market, where hauls of octopus and snapper come in daily from dhow boats, and countless Polish, English, Italian and Mandarin-speaking travelers shuffle through on tours that also take them to a memorial near the site of the city’s former slave market.

And between the two sits Old Town Mombasa and at its eastern tip, Fort Jesus, an imposing 16th-century structure built by the Portuguese, its multiple openings offering glorious views of the Indian Ocean, and gentle breezes that help stave off the coastal heat. But while these streets are busy, too, here in Old Town Mombasa, it’s mostly locals, unlike in the other two locales, where throngs of tourists flood the streets.

Lamu Old Town, Stone Town of Zanzibar and Fort Jesus are all UNESCO World Heritage sites, with Old Town Mombasa serving as a buffer zone, but Mombasa, unlike Lamu and Stone Town, is more of a stopover point en route to the Swahili Coast, an expanse of shoreline stretching from Somalia to Mozambique. So, any expectations locals might have had, of tourism arising from Fort Jesus becoming a World Heritage site, have not been met.

“We could be as good as Zanzibar, as good as Lamu for tourism,” said Peter Tolle, a local historian who guides tours in French, English and German. “Locals don’t want to talk about being a World Heritage site anymore and they feel shortchanged. Our houses are shabby, we have the money, but we cannot fix them.”

“We are trapped by their rules but there are no funds,” he continued, referring to UNESCO regulations around the changes that can and cannot be made at and near World Heritage sites.

Lamu Town, Stone Town and Fort Jesus exemplify the critiques that experts working in preservation and tourism level at UNESCO’s World Heritage List — a list of landmarks or natural areas that have been designated by the multilateral organization as having historical, scientific or cultural significance. These places include Machu Picchu, the historic center of Florence and the Taj Mahal.

They contend that being on the list can be a poisoned chalice, of either overtourism or undertourism. On one side, there is, as Mr. Tolle suggested, an expectation that being added to the list will somehow be a game changer for the community, bringing in money not only from UNESCO but also from tourism-focused investments and infrastructure projects. But Mike Robinson, professor of cultural heritage at Nottingham Trent University in England, noted in an interview that, in reality “there is no money and it has to rely on donors.”

In addition, the international agency has been blamed for what the Italian journalist Marco D’Eramo deemed UNESCOcide, when he wrote that being added to the list is a “kiss of death” and that it “all too often cures the disease by killing the patient”; that is, in acknowledging that a site is worth protecting, UNESCO can, itself, drive unsustainable levels of tourism.

Florence, Italy, where the Art for Tomorrow conference is taking place this week, became a World Heritage site in 1982, and it has long suffered from overtourism. It was estimated that in 2019, 15 million tourists — 20 times Florence’s population of 708,000 — visited the city that is home to the Uffizi Galleries and the Duomo di Firenze.

Aptly, the subject of UNESCO sites will be explored at the conference. The annual event was founded by The New York Times, and is now convened by the Democracy & Culture Foundation, with panels moderated by Times journalists.

That conversation will contribute to the debate over the heritage list, around what the benefits of being on it are, if in some places, the tourism the designation brings ruins a locale’s charm, while in other cases, inclusion on the list brings unrealistic hopes for greater change.

A History of Preservation

The idea for the UNESCO World Heritage list, which now has 1,157 sites, grew out of a project to rescue the monuments of Nubia, which include Abu Simbel, the site of two temples carved into a sandstone cliff in the Nubian Valley in Egypt in the 13th century B.C. In the 1950s, local engineers planned to build a dam along a portion of the Nile River to control flooding and generate electricity.

However, the dam would have flooded the valley and submerged hundreds of ancient monuments, so the Egyptian and Sudanese governments turned to UNESCO for help. The resulting project, during which Abu Simbel was moved, in pieces, up to a higher altitude, helped spark the 1972 Convention Concerning the Protection of the World Cultural and Natural Heritage, which set up the heritage list.


Interestingly, tourism was mentioned only once in the document that arose from that convention, in relation to the threat it could pose to sites. “But, of course, we didn’t have the scope of international tourism then,” said Professor Robinson, who has done consulting for UNESCO on sustainable tourism, and who recognizes that tourism — in itself — doesn’t always have to be detrimental. “Time has moved on, we need to update that to say tourism is not just a threat, but it’s also a valuable opportunity.”

It is difficult to assess the direct economic impacts of becoming a World Heritage site. For example, Dubrovnik, Croatia, is on the list, but the city’s tourist invasion is very likely also related to the its role as a filming location for “Game of Thrones.”

However, a 2015 report by the United Kingdom National Commission for UNESCO discovered that Scottish UNESCO projects generated an estimated 10.8 million British pounds (or $13.4 million) from 2014 to 2015 through their connection with the heritage list.

That has meant that a number of countries, often in the developing world, want to get their sites on the list. Professor Robinson said that was partly because state parties “see it as a way of boosting tourism” and so “the motivation has shifted from site protection to site valorization.”

UNESCO Looks Ahead

There have been critiques that a change in who sits on the World Heritage Committee — a group of representatives from 21 countries who have final say over which sites are added to the list — has led to the list’s being politicized.

“You do get places moving forward for inscription that the advisory bodies have recommended not go forward because the care isn’t adequately in place,” said Susan MacDonald, head of buildings and sites at the Getty Conservation Institute. “When those places go on the list, when they clearly haven’t got the right systems and policies and processes in place, there’s always a problem.”

She added, however, that almost 50 percent of the heritage sites were in Europe and North America, so there was a feeling that the list needed to be more representative.

UNESCO suggests that representatives to the World Heritage Committee be experts in preservation and conservation, but leaves the ultimate selection up to the countries themselves. “So, you started to get this shift from a completely expert body to one that was sort of a mixture,” Ms. MacDonald said. “And when that happens, you get lobbying.”

What often is not well articulated to local communities is that when sites — which include both cultural sites, like the Vietnamese town of Hoi An, and natural sites, like Yellowstone National Park — go on the list, it is the obligation of local and national governments of those countries to take care of everything from maintaining and marketing the site to controlling the number of tourists who visit.

“Once a site is inscribed, it is first the responsibility of the government of the country where the site is located to put in place all measures to protect the site,” said Lazare Eloundou Assomo, the director of the UNESCO World Heritage Center, which maintains the list.

So, while UNESCO does help countries develop sustainable tourism practices and give advice, inclusion on the list doesn’t automatically mean solutions in terms of conservation or community development and investment.

“When you get something inscribed on the World Heritage List, it is not that the UNESCO police suddenly start coming in,” joked Joseph King, senior director at the office of the director general at the International Center for the Study of the Preservation and Restoration of Cultural Property, who in the 1980s and ’90s was a consultant for UNESCO. “You’d be surprised at how many people actually think that is the case like, ‘Why isn’t UNESCO stopping this from happening?’”

People like Mr. Tolle, the tour guide in Mombasa, find the whole process complicated and bureaucratic, and often misunderstand what becoming a site will mean for their communities. “They hear about it, and they understand it to be like the goose that laid the golden egg,” said Ms. MacDonald. “That sometimes doesn’t trickle down to them, unless governments have been careful to put in place systems and practices that empower local communities in the management of the place.”

 

Covid dramatized that point in places like Ethiopia’s lower Omo Valley, a region inscribed to the list in 1980. Before 2020, and the onset of the pandemic and the war in the north of the country, tiny remote villages like Dildi would get around 15 tourists a day, and the villages became dependent on the extra cash. But now, according to local Mursi chief Baradi Birabi, the visitors have all but dried up.

“With the money from tourists we could buy medicine for our people or our cattle,” he said, as one of the villagers tried to sell a clay lip plate to a lone Israeli tourist. “But now we have to sell the cattle, so we do hope tourists will come back.”

That’s a problem UNESCO is trying to work on, including a visitor flow management tool that will be extended to all sites by 2029, Peter DeBrine, who works on UNESCO’s sustainable tourism program, wrote in an email.

“Tourism can bring economic benefits to local communities and raise awareness about the importance of heritage preservation, but it can also have negative impacts on sites, such as overcrowding, societal changes, damage to fragile ecosystems and degradation of cultural monuments,” he added. “This is why UNESCO has strengthened its responses and tools in this area, and that it is committed to the development of sustainable tourism.”

Source: A World Heritage Designation Can Be a Blessing,or a Curse (New York Times, 25th April 2023)

Saturday, 22 April 2023

Masuwe Special Economic Zone project implementation on course

 The implementation of the Masuwe Special Economic Zone is progressing well, with various infrastructure projects expected to kick-off before the end of the year.

Last month, Cabinet approved implementation of the Masuwe Special Economic Zone project (MSEZP) after a feasibility study endorsed the profitability of the plan.

The Special Economic Zone will comprise amenities such as a four-star hotel with a 5 000-seater conference facility, medical tourism facilities, a golf estate and a shopping mall.

Government outlines the timelines of the project.

Minister of Environment, Climate, Tourism and Hospitality Industry Honourable Mangaliso Ndhlovu stated, “The next steps that follow are town planning and cadastral surveys that have to be done. Zimbabwe National Geo-Spatial Agency whom we are in talks with to be able to most of the services.”

“Our idea is that we should be able to open that area’s infrastructure investment towards the last quarter of the year. Certainly, by the end of the year if we have serious investors we would want to see them on the ground,” he said.

The development has been met with excitement in the resort city where boundless opportunities lie ahead.

City of Victoria Falls, Ward One Councillor Tonderai Mutasa noted, “The economy of the City of Victoria Falls will certainly improve and the city’s GDP will also go up as a result of this improvement which is coming at Masuwe.”

“The issue of employment is something to take note of because it is going to create employment as many people will get employed on that side of the city.”

“This development will also enhance tourism, I have seen that there will be sporting activities happening on that side, meaning sport tourism will also go up. So this project is indeed something to look forward to.”

The project will be implemented within two years in two separate phases at an estimated cost of 205 million United States dollars.

Phase One entails construction of bulk water supply systems for the project and development of internal water, sanitation, roads and storm water drains at an estimated total cost of 120 million United States dollars.

Phase Two will witness the development of the remaining 930 hectares at approximately 85 million United States dollars.

Source: Masuwe Special Economic Zone project implementation on course (20th April 2024)

Thursday, 20 April 2023

Masuwe Special Economic Zone civil works to start end of year

 GOVERNMENT has said civil works on the Masuwe Special Economic Zone project in Victoria Falls will begin before the end of the year.

Last month, Cabinet approved the implementation of the Masuwe Special Economic Zone project following a feasibility study that found the scheme to be highly profitable.

Old Mutual carried out the feasibility study.

The Cabinet approval paves way for implementation of the project as the feasibility study has proven that the project is viable.

To set the ball rolling, Environment, Climate, Tourism and Hospitality Industry Minister Nqobizitha Mangaliso Ndlovu followed up by meeting the board and management of Mosi-oa-Tunya Development Company to discuss the implementation matrix.

Mosi-oa-Tunya Development Company (Pvt) Ltd, is a State Enterprise which was set up as an investment vehicle for the Government in the development of tourism in Victoria Falls.

It owns 274,1 hectares of prime land in Masuwe Estate, which is a significant complement of the Victoria Falls Special Economic Zone, about 10km out of the current city centre.

Speaking at Press briefing soon after listing of African Sun Limited on the Victoria Falls Stock Exchange last Friday, Minister Ndlovu said much time had been wasted seeking services of a consultant.

However, the consultant is now in place hence work can begin.

“We had our feasibility study which was done by Old Mutual and the next step that follows involves mainly town planning and cadastre surveys.

“I was worried about time taken and we needed to get our timelines corrected hence now we have a Government entity called Zimbabwe National Geo Spartial Agency equipped to do most of the work and we are in talks with it to provide services,” said Minister Ndlovu.

He said with the feasibility study at hand, it was now time to open the area to investors
Government has over the years been courting investors to develop Masuwe which is set to become a modern city with state-of-the-art facilities.

Masuwe will have a multi-million dollar five-star hotel, and a 5 000-seater conference and exhibition centre, medical facilities, a golf estate and a shopping mall.

Government wants to make the tourism destination of Victoria Falls its conference capital, and this dovetails with the Meetings, Incentives, Conferences and Exhibition drive.

“We should be able to open that area for infrastructure investment towards the end of the last quarter of the year and so by the end of the year we want to see investors on the ground,” said Minister Ndlovu.

He said Government was open to private sector partnership and investment and will continue pushing the Zimbabwe is open for Business mantra.

The Mosi-oa-Tunya Development Company nine-member board chaired by Mrs Shiela Sidambe was appointed in 2021 and was given the mandate to deliver infrastructure development in Victoria Falls by expediting feasibility studies for bulk infrastructure and appropriate diligence to register the company’s presence with a solid brick and mortar project.

The Government expects that the company delivers on its mandate to grow the tourism product base in Victoria Falls and this is a must deliverable in the lifespan of the National Development Strategy (NDS1) (2021 to 2025).

The Masuwe area was declared a Special Economic Zone in order to ensure that the project raises funds for self-financing.

A Masterplan will be developed in order to guide implementation of the project. 

Source: Masuwe Special Economic Zone civil works to start end of year (19/04/2023)