Zanu PF hijacks women's bank

HARARE - There are fears that Zanu PF is hijacking the Zimbabwe Women’s Microfinance Bank (ZWMB), after several women were recently turned away from a meeting which took place at a Bulawayo hotel on the basis that they were not card-carrying ruling party members.

The Daily News is reliably informed that a group of women were turned away upon arrival at the Bulawayo hotel after they responded to a WhatsApp message inviting women in the second largest city to a briefing by the Women’s Bank.

The message that circulated on WhatsApp groups invited all women to meet the chief executive officer of the Women’s Bank on September 10 at 9am at Davis Hall, a development which encouraged the women to invite others.

Members of the media who responded to the same message, were also turned away from Davis Hall upon arrival and were told the meeting had been shifted to the hotel.

Sources privy to the developments said over 50 women were turned away after being told the meeting was private and only for those who had received a direct invitation to interact with the Women’s Bank officials and not a forwarded message on WhatsApp.

A woman who spoke to this publication on condition of anonymity said she had been told that the CEO of the Women’s Bank came from Harare to collect bank forms from Zanu PF women only and she was advised to join the party structures.

Zimbabwe Women’s Microfinance Bank head of marketing and public relations Barbara Muyengwa, however, said contrary to the allegations, ZWMB has not had a public meeting so far.

“ZWMB was invited and continues to be invited to privately-organised meetings by churches, associations, women’s leagues of political parties and these groups reserve the right of managing the meetings,” she said.

She said ZWMB is doing its best to market the bank and its products to all constituencies.

“ZWMB would urge all women groups to organise themselves if they can and invite the ZWMB to address the women on bank matters too. We are indeed a national bank,” she said.

President Emmerson Mnangagwa launched ZWMB in June with the mandate to provide a solution to the current cash shortages. The bank offers loans to women, youths and small scale businesses.

Comments (6)

Kkkkkk- the women should stop believing in whatsapp messages!

Mhofu Chaiyo - 18 September 2018

Does the party own this bank for it to do this -very wrong and it could be a fraudester on the whatsapp???

Jhane - 18 September 2018

Lets boycott this stupid bank, period!

Makanyara - 19 September 2018

It is a zanupf bank launched its highest deployee in Government. And its going to crumble before the end of the year after the 10 million seed money has been looted women should watch-out.

Sinyo - 19 September 2018

This Bank will not last beyond December 2018. A noble idea from his excellence being hijacked by the usual economy destroyers

Bil Gates - 19 September 2018

But Letwin you seem to contradict yourself. How can you say members of the media were turned away at the same time saying were told that the meeting was at a Hotel. So does telling someone that the meeting has been shifted to another venue turning away someone? Be serious on what you want us to know. On this one you seem to have your own agenda about ZANU PF which you want to portray to readers. Your heading is so misleading. If you talked to Barbara Muvengwa and she gave you the correct position of the Bank why continue with such a heading? Journalists come political activists are destroying this country. Why dont you write something that unites us as Zimbabweans than dividing us all the time.

shunguhadziurayi - 19 September 2018

Post a comment

Readers are kindly requested to refrain from using abusive, vulgar, racist, tribalistic, sexist, discriminatory and hurtful language when posting their comments on the Daily News website.
Those who transgress this civilised etiquette will be barred from contributing to our online discussions.
- Editor

Your email address will not be shared.