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#12603 - 04/15/04 10:29 PM Ndebele Economic Empowerment (NEE)
Lobengula Offline
Nkosi
*****

Registered: 09/16/03
Posts: 1077
Loc: Tsholotsho
Gents

Whilst debate is raging on the political front, we need to focus also on other possible avenues that can lead to our economic empowerment and economic emancipation. Asifundeni kwezinye izizwe ezifana lathi ukuthi singenzani kwezomnotho. I think the Jews provide the best example. They got to the US and tightened their grip on the New York Stock Exchange. Today these people are the most influential in US policy making through their financial clout. In South Africa it is the same. In Zim think of the likes of Eric Bloch. Think of the former owners of G & D (the Shoe company).
In a nutshell, I have identified a couple of very practical ways that our people can venture into as a way of self-empowerment economically.

1)Investment in shares
A monthly purchase of shares in Zim blue chip companies at US$100 (56 Pounds) over a period of time by our people can result in us becoming majority shareholders in most of these strategic companies. For example, let's say Hunyani Holdings has issued 100 000 shares at Zim$1000 per share. That results in total share capital of Z$100 000 000. Now if we buy up to Z$75 000 000 of that total share capital, we become majority shareholders owning a staggering 75% of the company. We can do this on a number of companies that are listed on the Zim Stock Exchange. Let's say the total capitalisation (all listed shares) of the Zim Stock Exchange is Z$100 Billion, and we buy up to half of that figure, this means out of all economic and financial transactions that occur in Zim, we will be having a 50% share. I can tell you gentlemen at that level of shareholding we would have tightened our grip on the economy of the country.
The question which obviously arises is what are the other benefits of shareholding.

Benefits Of buying shares

* You literally become the owner of the company up to the level of your shareholding
*You can serve as a director in the company
*You have a say in the running of the company
*Gvt has to consult you on policy decisions
*You receive an annual (or biannual) earnings per share (eg if you have 10 000 shares, and the company declares Z$1000 per share, it translates to Z$10 million per year coming to your pockets)
*You also receive dividends per share, which could amount to say Z$5 million using the above example substituting Z$500 Z$1000.
*This is life time investment unless you decide to sell your shareholding.
*You can bequeath your investment to your children(ungabatshiyela ilifa)
*You receive annual financial statements of the company which detail all the transactions during the year.

How & where do I buy these shares?

Gents kindly go to the Zim Stock Exchange website on www.zse.co.zw
You can contact any registered stock broker to do the job for you(note they are all listed on the website)

Any other empowerment avenues?

Yes. You can also invest in real estate portfolios. This is basically buying a portfolio of assets (eg izindlu ezintathu) and renting them out.

Benefits of this?
*The price of your properties appreciates (increases above inflation)
*You derive a monthly rental fees from your tenents
*You become a part owner of your city or town.
*Its a life time investment (uze utshiyele abantwana bakho ilifa)

Ngizoyitshiya lapha lindaba bafowethu sihluze ingqondo.

May i point out that it is crucial that one needs to have a bank account KwaMthwakazi to be able to do these transactions to avoid this Gono induced forex scare.

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#12604 - 04/15/04 02:10 PM Re: Ndebele Economic Empowerment (NEE)
Saduva Offline
Ngqwele

Registered: 06/20/02
Posts: 145
Loc: Khonale
Kengibuze. Ukuyafunana le kampani zabetshabi, siphonsela khona imali zethu kungcono na kulokubumba awethu?

Bayathatha imali zethu oHunyani labo baqhashise abakibo thina sithela imali kuphela. Angitsho ukuthi imbi imbono yakho, ngiyabuza nje.

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#12605 - 04/15/04 02:27 PM Re: Ndebele Economic Empowerment (NEE)
Lobengula Offline
Nkosi
*****

Registered: 09/16/03
Posts: 1077
Loc: Tsholotsho
Saduva

Hatshi mfowethu ukusebenzisa i Hunyani Holdings is just an example only. Maningi amakhampani a operater eMat'land.Afana labo ZimSun Hotels(Vic Falls Hotel, Elephant hills, Kingdom Hotel etc) agcwele e Victoria Falls. Khumbula Saduva ukuthi i Folosi ise Matebeleland. Abo Wankie Coaliery. Khonamanje i oil le gas have been discovered eLupane. Kufanele sibe ngabokuqala uku invester kuyo iproject leyi. Economic control is the way to go Saduva.

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#12606 - 04/16/04 08:10 AM Re: Ndebele Economic Empowerment (NEE)
gazilam Offline
Mafikizolo

Registered: 04/06/04
Posts: 30
Loc: mombasa
lobengula

ngivumelana nawe mfowethu. nxa singahlangana sibumbe isikhwama noma ikampani ezokwenza lokhu kuyobe kuyingqondo enhle. kumele sikhumbule madoda ukuthi esikhathini esinengi silokukhuluma izinto sibuye sihlehlele emuva singasaqubekeli phambili.

ayikho indlela engcono yokukhulula uMthwakazi ngaphandle kokuthi sibambe iqaza kwezomnotho elizweni.

isibonelo sami yikuthi nxa amadoda elesifiso, singatshaya imali umuntu ngamunye siyihlanganise sibone ukuthi siyihlanye kumakampani amikuhle njalo esizabalenzuzo khona. akukhethelekile ukuthi lenkampani ikuphi, ingaba kwaMthwakazi,ematshoneni, noma ejse, okusalayo yikuthi thina we control that company and dividends are payable to us.

akesizameni madoda, lokhu sihambela muva. we must by all means pool our resources together so that the investment we make will be big enough for us to have a say in the running of the business.

asiyekeleni ukukhuluma siqale ukwenza. nxa ekhona omunye olombono okuthi singayenza kanjani lenkampani ukhululekile ukuthi asicebise.

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#12607 - 04/17/04 11:02 PM Re: Ndebele Economic Empowerment (NEE)
Zwangendaba Offline
Nkosi
***

Registered: 04/27/03
Posts: 1399
Loc: New York, New York, USA
Bafowethu.

Lezi yizo indaba lapho engibizwa khona ngisukumele phezulu. Mina sengikhale zaze zoma ngibhala eNkundleni ngokuziphakamisa kwesizwe sakithi. Kuyabongeka nxa singayiqala le indaba.

Akubizweni umhlangano loba kuyini. Lokho okuvunyelwane ngumphakathi, lathi lisikhumbule ngoba sikude ngapha e USA.

Ngiyabonga.

Li Zwangendaba.

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#12608 - 04/18/04 01:29 PM Re: Ndebele Economic Empowerment (NEE)
sthutha Offline
Nduna

Registered: 05/08/03
Posts: 304
Lobengula,

Mina ngingomunye mfowethu ohambelana lezinto ozilobele lapha enkundleni.Inkinga yami yikuthi siyehluleka ukuziqoqa thina njenge sizwe senze okuqondileyo

Bengifisa ngoba lami angikho ekhaya ukuthi uluba kuliqiniso ukuthi usekhaya sifome i-company with the blesssings of a lawyer ozayikhokhela wena .Umsebenzi wale nkampani kube yiku-invetsa imali esiyifakayo thina kulezo ndawo ozibonayo njalo owaziyo ukuthi zingasithuthukisa.

Inkinga nje yikwethembana,kodwa mina ngiyathemba siyananzelela ukuthi loba lathi amaNdebele siyifuna imali ubusela lobu basempumalanga buyasiceza.Lokho kuyatshengisa ukuthi engxenye esingakuzama kungaphumelela.banengi abantu bakithi abafisa ukwenza exactly lokho okutshoyo kodwa liyazi umehluko phakathi kokufisa lokwenza.

Singayiqala njani li-company Lobengula?

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#12609 - 04/19/04 07:32 AM Re: Ndebele Economic Empowerment (NEE)
Lobengula Offline
Nkosi
*****

Registered: 09/16/03
Posts: 1077
Loc: Tsholotsho
Sthutha (labanye)

Ngiyabonga mfowethu ngamazwi akho akhuthazayo njalo ngibonga labanye.
If you read my post above very carefully, you will note that we do not at this stage need to form a company to spear head our economic empowerment. We can do so individually though purchasing shares at the stock exchange using existing brokers as i specified in my post. You just need to open a bank account in Zim and you can simply transfer relevant funds (say Z$1million) per month to your broker's account (your broker will open an account for you for this purpose within his brokerage).
Now you simply instruct him (eg. thru e-mail) to purchase shares in Anglo-American or Datlabs or TA Holdings etc, from your funds which you would have logded with him.
The bottom line is that if all of us purchase such shares in large numbers (eg we individually purchase shares in TA Holdings such that when we add up our shares we end up having a 60% ownership of the company at stack)
So like i said, we need to use existing brokers, who will buy shares on our behalf either directly in blue chip companies or through unit trusts.

Iam already using an existing broker for this purpose and the company is doing very well.
Remember this is the best time to buy shares when the prices are so low. When Mugabe goes and the economy stabilises, such shares will become unaffordable to many.
The next phase will be then to look at starting our own unit trust company to manage our massive shares in various companies. But for the time being rather let's tackle the first phase.
I have an existing broker at SAGIT (available at the ZSE website) who is doing very well for me. If interested I can post his (broker) details here for the benefit of Mthwakazians, he can give you guys very good advice and step by step procedures which are very easy (i have already detailed them any way).

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#12610 - 04/19/04 08:21 AM Re: Ndebele Economic Empowerment (NEE)
gazilam Offline
Mafikizolo

Registered: 04/06/04
Posts: 30
Loc: mombasa
bakithi

uqinisile lobengula, kungcono siqale individually ukuze sibone ukuthi kuhamba kanjani. the only problem is that individually we are unlikely to buy a controling interest in a company due to probably lack of resources.

but that can be overcome later if we decide to combine our interest and form a trust that will represent us.

asiyeni madoda

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#12611 - 04/19/04 08:57 AM Re: Ndebele Economic Empowerment (NEE)
Lobengula Offline
Nkosi
*****

Registered: 09/16/03
Posts: 1077
Loc: Tsholotsho
Gazilam

A quick one, tell me do you know Mr P Dube who is based in Maputo? He is a good friend of mine?

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#12612 - 04/19/04 09:40 AM Re: Ndebele Economic Empowerment (NEE)
gazilam Offline
Mafikizolo

Registered: 04/06/04
Posts: 30
Loc: mombasa
Lobengula

ngiyamazi. he's good friend of mine. any message?

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