By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
TellZim NewsTellZim NewsTellZim News
  • Local
  • Politics
  • Business
  • Education
  • Entertainment
  • Sport
  • Mapombi Adonha
  • Find it in Masvingo
Search
More News
  • Local
  • Politics
  • Business
  • Education
  • Entertainment
  • Sport
  • Mapombi Adonha
  • Find it in Masvingo
© Copyright 2024 TellZim. All rights reserved
Reading: Zanu PF is ticket to cheap loans, says Zivhu
Share
Notification Show More
Font ResizerAa
TellZim NewsTellZim News
Font ResizerAa
  • Home
  • Elections & Governance
  • Service Delivery & Accountability
  • Women & Youth Empowerment
  • More
Search
  • Home
  • Elections & Governance
  • Service Delivery & Accountability
  • Women & Youth Empowerment
  • More
    • Human Rights
    • Climate Change & Environment
Follow US
© 2024 TellZim News. All Rights Reserved.
TellZim News > Blog > Uncategorized > Zanu PF is ticket to cheap loans, says Zivhu
Uncategorized

Zanu PF is ticket to cheap loans, says Zivhu

TellZimNews
Last updated: July 16, 2021 2:50 am
TellZimNews
Share
3 Min Read
SHARE
Dr Killer Zivhu

…lambasts Midlands bad debtors

Siyabonga Sayi

GWERU – The Zimbabwe Cross Boarder Association (ZCBA) chairman Dr Killer Zivhu says cross boarder traders in the Midlands province were leading the pack of the most unreliable debtors dealing with the organisation.
Addressing members of the association at Gweru Theatre last week, Dr Zivhu also said it was because of the benevolence of the ruling Zanu PF party and through the leadership of President Robert Mugabe that ZCBA was able to offer loans at only one percent interest.
“I am who I am because of my party and my father Robert Mugabe and this is his (Mugabe’s) time to help you out of poverty just like Moses was used by God to take Israelites to the Promised Land.
“So whether you like it or not, it’s only President Mugabe who is giving loans at one percent interest. Even your relatives do not do that. Some of you have become broke because of the burden of loans that accrue high interest rates,” Dr Zivhu said.
He also warned ZCBA members and all beneficiaries of the loan facility against speaking ill of Zanu PF.
“I don’t expect to hear members of this association or those wishing to benefit saying anything negative about my party. Actually all of you should be ready to chant Zanu PF slogans. We should not be afraid to support it because that’s where all these funds are coming from,” Dr Zivhu said.
He threatened legal action against the bad debtors whom he said were not being fair on other potential beneficiaries.
“I was expecting to meet a large number of people here since we sent word in time about this meeting, but still I am not surprised about it because most of the people have not paid back the loans that we gave them.
“Actually 95 percent of the people we gave loans here in Gweru have not paid back, no other province has had such a problem.
“Most of the people who have not paid the money back had no business ideas; they took the money and went to buy maize in Gokwe and sold it to GMB but they have not been paid. All this is what we want to avoid. When you get the money, you should order goods that you know you have a market for, not making orders based on hearsay.
“Government is still giving these people time to find the money and pay but the next stage will be to take them to court and attach their property,” Dr Zivhu said.politics

You Might Also Like

Masvingo to host historic culture month concert

Renco Mine’s salary crisis sparks food theft wave in villages

Gutu couple ties knot in joyous celebration

The role of feedback in language learning and teaching

Masvingo NAAZ Junior Champions appeal for financial assistance

TAGGED:Politics

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
By TellZimNews
Follow:
TellZim News is the leading news organization in the Southern region. It provides candid, balanced and timely news from the communities. Keeping it real. Committed to tell Zimbabwe.
Previous Article Bishop Mutendi’s Hebron High shines again in June exams
Next Article Ndava defies Kasukuwere
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

FacebookLike
TwitterFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow
- Advertisement -
Ad imageAd image

Latest News

Zaka RDC passes vote of no confidence in council chair
Service Delivery & Accountability May 24, 2025
Harare Poly in costly exams blunder, forces students to rewrite
Service Delivery & Accountability May 23, 2025
School feeding programme improves attendance
Service Delivery & Accountability May 23, 2025
Chiredzi TC Chairperson constructs public toilets from own pocket
Service Delivery & Accountability May 23, 2025
TellZim NewsTellZim News
Follow US
© 2024 TellZim News. All Rights Reserved.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?