Connect with us

Hi, what are you looking for?

LOCAL NEWS

Businessman Victim of Cyber Injustice Amidst US Sanctions Debate

Businessman Victim of Cyber Injustice Amidst US Sanctions Debate
Businessman Victim of Cyber Injustice Amidst US Sanctions Debate

Chimuka suffers social media injustice over US sanctions

Sponsored social media trolls are targeting the country’s indigenous business persons in the construction sector through contrived stories that damage reputations and are intended to stop or delay the ongoing infrastructure development boom.

Fueled by the announcement by the United States of America that eleven individuals and three firms have remained on sanctions, the faceless social media parodies are seeking to sully the reputation of some of the country’s most influential personalities who include Fossil Group CEO, Obey Chimuka.

This comes as the Second Republic under President Mnangagwa has given key infrastructure projects to local companies as opposed to the old practice where foreign multilaterals dominated the sector.
To derail the country’s ongoing construction boom, some anti-Zimbabwe elements are using the social media, mostly X as they seek to ensure blacks are sidelined in preference to former white construction magnets.

The comments, most of which amount to slander and cyberbullying have prompted lawyers of Chimuka to consider suing the culprits.

Advertisement. Scroll to continue reading.

Chimuka is a prominent figure in Zimbabwe’s construction industry as his firms have made massive contributions to the infrastructure development matrix of the country.

Informed sources said while some of detractors are foreigners, there are also locals who want to bully the withdrawn and largely unknown Mr Chimuka.
“Have you seen the way
Fossil has been working on Harare roads, its like a machine, in less than a week roads are being dug up, paved and then opened, seems someone in the construction industry is really miffed,” said an observer.

Despite his significant achievements and reputable standing, Chimuka has found himself ensnared in a web of malicious rumors and baseless accusations propagated through social media channels.

These unfounded claims have not only posed a threat to his personal and professional integrity but also affected his business dealings.

Under the leadership of Chimuka, Fossil Contracting was part of the local companies that participated in the Beitbridge-Harare road rehabilitation much to the delight of Zimbabweans.

Advertisement. Scroll to continue reading.

Currently, the company is overseeing the construction of Mbudzi Interchange together with other two construction companies under the Tefoma banner.

Mbudzi Interchange is the largest project outside South Africa and the utilization of modern technology has attracted the attention of high technical people.

The project is expected to be complete by July 31 this year according to the Minister of Transport and Infrastructural Development Honourable Felix Mhona

Fossil Contracting is also involved in the Harare-Chirundu highway refurbishment with their section starting from Harare main post office to Mapinga.

Besides road infrastructure, Fossil was involved in the construction of 6 million litres ethanol tanks in Msasa under the National Oil Infrastructure Company project as well as the US$ 10 million LPG project in Ruwa.

Advertisement. Scroll to continue reading.

ALSO READ:US Ends Zimbabwe Sanctions, Targets Mnangagwa and Allies for Alleged Corruption and Human Rights Abuses

Chimuka is one of the successful indigenous business people and his astuteness was revealed when his company acquired a controlling stake in the then Lafarge Cement which has been named Khaya cement.

Companies in the cement production have worked well with the Minister of Industry and Commerce, Honourable Sithembiso Nyoni to ensure they meet local demand which has seen government discontinuing the issuance of cement import licenses.

Minister of Information Publicity and Broadcasting Services Dr Jenfan Muswere told journalists yesterday that the four major cement manufacturers in the country have an installed capacity of 2.6 million metric tonnes per annum, against a national demand of 1.6 million metric tonnes.

“Cabinet notes that the local industry is now producing above optimal levels. The four companies are producing a combined 160 500 metric tonnes per month against the installed capacity of 241 000 metric tonnes per month. Depressed local demand has resulted in the companies stockpiling cement and reducing production. Cabinet advises the nation that there is now adequate cement on the market. Accordingly, the issuance of cement import licences is being discontinued in order to boost demand for local cement,” he said.

Advertisement. Scroll to continue reading.

With such a huge portfolio,
Chimuka is his own man but the toil of the unjustified sanctions could force him to downsize his companies.

Click to comment

Leave a Reply

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

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Catch More Updates Below

LOCAL NEWS

US Ends Zimbabwe Sanctions, Targets Mnangagwa and Allies for Alleged Corruption and Human Rights Abuses The United States announced on Monday the termination of...

Advertisement