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Inside Queen Bee’s murky Zimbabwean mining hive

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BY JOSEPH COTTERIL

In Zimbabwe’s Shona language, ‘kuvimba’ can mean trust or having faith.

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It is a great name for a state-owned custodian charged with protecting the impoverished southern African nation’s mineral wealth, riches that have otherwise so often been abused, corrupted and looted over the decades.

Or it would be a great name, if it wasn’t for the fact that ever since Kuvimba Mining House was unveiled last year, President Emmerson Mnangagwa’s government has faced difficult questions about how far the company, in which it holds a 65% stake, is linked to a US-sanctioned businessman: Kudakwashe Tagwirei.

Both the government and Kuvimba have denied that Tagwirei — a former local business partner of Trafigura who has been dubbed ‘Queen Bee’ by Zimbabweans because of his perceived grip on the dispensing of state resources under Mnangagwa — has any involvement at the company.

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Tagwirei has been publicly silent on these allegations and did not respond to a request for comment on this story.

Queen Bee actually is a great name — in another sense.

As Alphaville reported recently, Tagwirei controlled a veritable hive of offshore companies that moved millions of dollars through a central Mauritian commodity trader, Sotic International.

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And what has made the questions about Kuvimba particularly difficult is that its assets — which include stakes in nickel, chrome, and gold producers, as well as a platinum deposit — come from Sotic, which embarked on a mine-buying spree in recent years.

For instance, Bindura Nickel, a Sotic-acquired miner that is now in Kuvimba’s portfolio, announced in a stock-exchange filing last year that Sotic had “nominated Kuvimba… as the entity receiving the shares” following Sotic’s own takeover in 2019.

Kuvimba has said that it acquired Sotic assets in a “restructuring exercise”, without giving details.

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One big question, then, is how Kuvimba came to own Sotic’s assets. And, while Zimbabwe’s government denies allying with Tagwirei in Kuvimba, its ties to Sotic have also been less clear. Or until now, that is.

Zimbabwe’s most valuable company?

Christopher Fourie, a former Tagwirei aide and Sotic’s founder, who still holds a stake in the company, has told Alphaville that he did not consent to Sotic’s mine assets being moved to Kuvimba.

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Meanwhile, according to message records reviewed by Alphaville, Zimbabwe’s government has been intimately involved in Sotic’s affairs all along.

In these messages Tagwirei described the government as a majority owner of the company, despite official shareholder records pointing to the contrary, and ordered Fourie to deal with senior state officials when he voiced concerns about the alleged siphoning of Sotic’s resources to other offshore companies.

Zimbabwe’s finance ministry has been instrumental in promoting Kuvimba, where the state’s overall two-thirds stake is held by public bodies such as a nascent sovereign wealth fund and the country’s insurance and pensions commission, which has said that it will use its five per cent shareholding to compensate pensioners who lost out in a currency collapse.

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Mthuli Ncube, the Finance minister, has even said that Kuvimba will help fund a compensation deal for farmers who were dispossessed by seizures of land under Robert Mugabe, the late dictator deposed in a 2017 coup.

Kuvimba paid a US$1 million dividend for this purpose in July, though that month the government also said that this farmer compensation fund had received a donation of a 12.5 % stake in the company itself, which it said was worth US$250 million.

Even in paper terms, that is a lot of money in the context of Zimbabwe, an economy that had a GDP of about US$16 billion last year.

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The valuation would imply that Kuvimba overall is worth US$2 billion, making it Zimbabwe’s most valuable company, beyond the country’s biggest stock-market listings such as Econet, the largest telecom.

It would also rival public market values of even some big South African miners, such as Harmony Gold.

Tagwirei does not own a single share of this bonanza, says David Brown, the former chief executive of Kuvimba, who was also Sotic’s chief executive but has denied taking directions from Tagwirei at that company.

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In June, when he still headed Kuvimba, Brown told Alphaville that:

He (Tagwirei) certainly does not own a shareholding in the mining assets as we stand today… with regard to the shareholding position we have performed a detailed KYC [‘know your customer’] and I stand by what I have been able to verify with documents.

Brown has since told Alphaville that he left Kuvimba at the end of August.

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As previously reported by Alphaville, not owning a single share of Sotic didn’t appear to prevent Tagwirei controlling that company, even when Fourie was its original official sole owner.

Fourie has said that Tagwirei was not made a direct shareholder in Sotic because he believed this would have triggered KYC alarms at banks that might have cut the company off over the businessman’s political links.

A subsequent — and elaborate — split in Sotic’s official ownership last year is meanwhile crucial to the Kuvimba mystery today, particularly Fourie’s claim that Sotic’s mines were transferred without proper approval.

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A Mauritian connection

As Alphaville reported last time, 65% of Sotic was acquired by a Cayman Islands-registered investment vehicle, Almas Global Opportunities Fund, in which Tagwirei acquired shares in 2019.

Almas has said that Tagwirei doesn’t own shares in the fund any more, and that it is exiting its investment in Zimbabwe.

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The other third of Sotic was acquired by Pfimbi, a Mauritian company in which Fourie took a 22% stake, alongside stakes held by other executives who were close to Tagwirei.

Pfimbi is yet another great name — it has connotations of ‘secret’ or ‘safekeeping’ in Shona.

According to shareholder records, some shares in Pfimbi were also taken up by Simbarashe Chinyemba, who has been linked to Kuvimba. Chinyemba did not respond to a request for comment.

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Keeping up?

Good.

More recently, Pfimbi’s status in Mauritius has been in question after its local company agent, Capital Horizons, told shareholders earlier this year that it would cut ties.

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But Pfimbi and Sotic being based in Mauritius is important for how their assets were moved to Kuvimba.

Mauritian company law requires pre-emption rights to be given to existing shareholders over changes in ownership of assets – terms reflected in Sotic’s company constitution, which has been reviewed by Alphaville.

Despite this, Fourie has said that he was never asked to approve any transactions relating to Kuvimba, and has not received answers from the company or other shareholders.

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Fourie told us: If [there have been] any changes to these shareholdings and/or ownership in assets has changed, it was done without the consent of all shareholders, and mine in particular.

Ronelle Sinclair, Christian Weber, and Jozef Behr, South African executives who were Fourie’s fellow shareholders in Pfimbi and who had close ties to Tagwirei, said in response that they had “resigned from all duties including from the board of Sotic International” in June 2020.

“Since then, [Sinclair, Weber and Behr] have had no insight into the affairs and business of Sotic International, Christopher Fourie, or Kudakwashe Tagwirei,” the trio added. Chinyemba, as another Pfimbi shareholder, did not respond to a request for comment. Almas, Sotic’s other investor, declined to comment. Brown, the former Kuvimba chief executive, said that Chinyemba was involved in setting up the transactions with a Zimbabwean legal team.

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“My only comment is that Mr Fourie should decide if he was a beneficial or nominee shareholder,” he added.

Fourie said he was a beneficial shareholder.

“The shares were held in my personal capacity . . . there never was any nominee shareholder agreement in place,” he said.

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The Zimbabwean Finance ministry did not respond to a request for comment, including to see copies of relevant shareholder approvals for transfers of ownership or management from Sotic to Kuvimba.

So, even though a US$2 billion valuation is riding on the answer, the mystery remains over whether proper shareholder approvals back Kuvimba as the legitimate successor to Sotic’s mines.

That, of course, is based on the official Sotic shareholdings described so far. It is about to get weirder.

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“I am just a minority shareholder” According to WhatsApp messages reviewed by Alphaville, in May last year, Tagwirei told Fourie that “Sotic is owned by government 65 percent and myself 35 per cent,” despite official records that show Almas and Pfimbi owned the company in these proportions.

“I am just a minority shareholder… you will best speak to the [main shareholder] who contracted you,” said Tagwirei in one of the messages.

Tagwirei did not respond to a request for comment.

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Fourie told Alphaville that it was his understanding at the time that the 65% stake was a proxy for the Zimbabwean government.

Almas told Alphaville that “it is simply incorrect and not factual” that the Zimbabwean government had a majority stake, or Tagwirei a minority stake, in Sotic.

The Zimbabwean Finance ministry did not respond to a request for comment on whether the government held an undisclosed proxy stake.

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Message records reviewed by Alphaville show that Fourie was indeed speaking to a senior state official about Sotic, as Tagwirei suggested.

The top civil servant in the finance ministry met Fourie to discuss Tagwirei’s offshore interests, and warned him not to make threats about exposing those involved, according to these messages.

After a “screaming match” early last year, “Kuda informed me that I needed to go see George Guvamatanga,” the ministry’s permanent secretary, Fourie told Alphaville.

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Guvamatanga and the finance ministry did not respond to requests for comment.

According to WhatsApp messages, Tagwirei instructed Fourie to meet Guvamatanga and Sibusiso Moyo, Zimbabwe’s Foreign minister at the time and a former army general who was instrumental in the 2017 coup against Robert Mugabe.

Moyo died from Covid-19 earlier this year.

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“If it does not work then we go higher,” Tagwirei said in the messages.

He did not respond to a request for comment about the messages, including on who was being referred to as going higher.

Fourie told Alphaville that he met Guvamatanga at his ministry office and “most definitely and in the strongest possible way” pressed his complaints about Sotic and other companies.

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The two kept up communications thereafter, after Kuvimba had been established, according to the message records.

“Kuda is currently incapacitated… happy to talk to you though,” Guvamatanga, a former chief executive of the former unit of Barclays in Zimbabwe, told Fourie in messages which date from a period earlier this year when Tagwirei was not seen in public for some time.

“I can assist on this matter but not when you are threatening everyone like this,” he said.

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“You need to focus on what you personally want to get out from all this. Everything else will not help you.”

“In the absence of KT I have been speaking to Obey on your matter,” Guvamatanga said in another message, in an apparent reference to Obey Chimuka, an associate of Tagwirei who owned a group of companies that traded with Sotic.

Chimuka did not respond to a request for comment.

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“To enable me to push for a solution may you send me a summary of what you would regard as a full and final settlement claim.

“It is in our interest to have this matter urgently resolved amicably,” Guvamatanga added.

Fourie sent Guvamatanga a proposed deal to sell his shares in Pfimbi to Tagwirei, according to records.

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Tagwirei did not respond to a request for comment.

The deal was never implemented.

Many questions — about the Zimbabwean government’s true relationship with Sotic, and the legitimacy of its mining successor, Kuvimba — remain unanswered.

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Fourie told Alphaville that Guvamatanga and Tagwirei “appeared to be very close and I would classify them as personal friends.”

Guvamatanga did not respond to a request for comment.

Meeting the civil servant to discuss Tagwirei’s business affairs was “probably not appropriate,” Fourie said.

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But, he added, “it is the only way business is done in Zim.”- Financial Times

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Leaders commit to creating pathways for transformative education, skills development for children

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BY SIRAK GEBREHIWOT

Victoria Falls – A historic gathering of seven Southern African leaders, international representatives, over 7000 children and youth took place at Baobab Primary School in the resort town of Victoria Falls to commemorate regional World Children’s Day.

The event, attended by dignitaries from across the southern Africa region, emphasized universal dedication to the rights and welfare of children, guided by the UN Convention on the Rights of the Child.

His Excellency President Emmerson Mnangagwa of Zimbabwe extending warm welcome to delegates, underlined the unity and shared goals of the Southern African Development Community (SADC). “Today is a powerful reminder of our collective duty to protect the rights of all children,” he affirmed.

President Mnangagwa’s speech underscored the importance of providing children with quality education and resilience against climate change, all while fostering their sense of identity and pride in their African heritage.

The President expressed gratitude to regional counterparts, particularly President Duma Boko of Botswana, for participating in Zimbabwe’s festivities. In a gesture of regional solidarity, he acknowledged, “Though we hail from different nations, we share a common vision for a vibrant, educated, and united Africa.”

Mr. Edward Kallon, the UN Resident and Humanitarian Coordinator for Zimbabwe, echoed the President’s sentiments. He stressed the significance of this event as a platform to emphasize children’s rights, aligning with the Sustainable Development Goals.

“The UN2.0 and its quintet of change—embracing innovation, technology, and inclusivity—guides the United Nations renewed mission towards a brighter future for all children,” Mr. Kallon stated.

He underscored the UN’s reinvigorated strategy, UN 2.0, aiming for transformational change with children at its core. Kallon called on all stakeholders to remain accountable to the children’s Call to Action, reinforcing the imperative to incorporate young voices in policymaking processes and national development programmes.

Education: A Pillar for Progress

UNICEF Regional Director, Ms. Etleva Kadilli, focused on the transformative power of education. She recognized strides made in various SADC countries that have prioritized digital learning, inclusive education, and curriculum reform. “These advancements illustrate that when governments and educators listen to children and act, significant progress can be achieved,” Ms. Kadilli underlined.
Kadilli acknowledged the persistent challenges facing sub-Saharan Africa, where educational disparities remain stark. She encouraged children present, stating, “Your voices are vital. When you speak, you not only shape your future but ours as well.”

Collective Regional Pledge

His Excellency President Duma Boko of Botswana accepted the honor of hosting the next World Children’s Day commemoration. He pledged his administration’s dedication to addressing the needs and aspirations voiced by the children and youth. “We stand ready to work with you, empowering our children to lead with wisdom and courage,” President Boko assured.

Senior officials from Zambia, Namibia, Mozambique, Malawi, and South Africa echoed these commitments. They affirmed their governments’ resolve to enhance children’s access to quality education, healthcare, and social protection, reinforcing their rights as a priority.

Empowering Through Culture and Heritage

The celebration also spotlighted the role of arts, culture, and heritage in building inclusive societies. President Mnangagwa stressed the importance of embracing cultural identity and utilizing natural resources to foster development and unity. “Let us, together, promote our unique cultural products and enhance our children’s understanding of their heritage,” President ED Mnangagwa encouraged.

Combating Emerging Threats

Addressing contemporary challenges such as climate change and drugs and substance abuse, President Mnangagwa reaffirmed Zimbabwe’s commitment to combating these issues through strategic initiatives like the Presidential Borehole Drilling Scheme and the establishment of Child-Friendly Courts. “Our measures ensure that all children, particularly the vulnerable, have their rights upheld and their futures secured,” he stressed.

A Call to Action and Hope

Ms. Etona Ekole, UNICEF Representative for Zimbabwe said, “This World Children Day, I am incredibly proud to see children from Botswana, Namibia, Malawi, Mozambique, South Africa, Zambia, and Zimbabwe raising their voices for change. Their Call-for-Action is a testament to the power of listening to children and investing in their future.

The event underscored a unified call to invest in children as Southern Africa’s future leaders. With collaborative resolve, the leaders and stakeholders committed to translating discussions into concrete actions, guided by the insights and demands of the children and youth.

Facilitating a call to action from children and youth representatives across seven countries, Ms. Sithabile Mtigo, Speaker of the Junior Parliament of Zimbabwe, highlighted the critical role of young advocates throughout Africa. She declared, “We are the leaders of both the present and the future for Africa.”

The Regional World Children’s Day served as a reminder of the shared journey towards a future where every child’s rights and potential are realized, and every opportunity leveraged.

The commitment made in Victoria Falls to “Educate and Skill the African Child for Posterity” is not only a theme but a driving mission as the African continent marches towards a brighter, more inclusive tomorrow.

SOURCE: Sirak Gebrehiwot is UN Partnerships and Development Finance Advisor at the UN Resident Coordinator’s Office in Zimbabwe

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Botswana’s president concedes defeat in election, ending ruling party’s 58 years in power

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BY STAFF REPORTER

Botswana’s President Mokgweetsi Masisi conceded defeat in the general election Friday, in a seismic moment of change for the county that ended the ruling party’s 58 years in power.

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Masisi’s concession came before final results were announced, with his Botswana Democratic Party trailing in fourth place in the parliamentary elections.

The main opposition Umbrella for Democratic Change held a strong lead in the partial results, making its candidate, Duma Boko, the favorite to become president of a southern African country that is one of the world’s biggest producers of mined diamonds.

Masisi said he had called Boko to inform him he was conceding defeat.

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“I concede the election,” Masisi said in an early-morning press conference two days after the election. “I am proud of our democratic processes. Although I wanted a second term, I will respectfully step aside and participate in a smooth transition process.”

“I look forward to attending the coming inauguration and cheering on my successor. He will enjoy my support.”

Masisi’s BDP dominated politics in Botswana for nearly six decades, since independence from Britain in 1966. The nation of just 2.5 million people will now be governed by another party for the first time in its democratic history.

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SOURCE:AP

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Zambia offers health care to Zimbabweans — but for how long?

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Illustration Credit: Wynona Mutisi for Global Press Journal

BY GAMUCHIRAI MASIYIWA

Summary: Zambia is as generous with patients from neighboring Zimbabwe as it is with its own citizens. That could mean problems for both countries.

This story was originally published by Global Press Journal.

MASHONALAND WEST, ZIMBABWE — When Dube was diagnosed with gallstones in 2013, the public hospital in Zimbabwe recommended surgery costing close to 4,000 United States dollars. She couldn’t afford that.

 

A friend suggested she go to Zambia, about 150 kilometers (94 miles) to the north. There, the friend said, treatment would be cheaper.

 

Over the past decade, Dube has gone to Zambia multiple times for medical treatment. Her most recent trip was in June. Treatment is cheaper there, she says, but the level of care is also far better than what she would get at home. Dube asked that Global Press Journal use her totem name, a symbolic representation of ancestral lineage, out of concern about Zimbabwe’s Patriotic Bill, which discourages criticism of the government.

 

In the 1980s, Zimbabwe had one of the best health care systems in sub-Saharan Africa. But over the years, this glory has faded. An ongoing economic crisis spanning over two decades has left the health care system scrambling to meet the needs of its population. Skilled health care workers have left in droves, drawn to opportunities abroad. More than 4,000 health care workers left Zimbabwe in 2021 and 2022 alone, according to government statistics. By late 2022, Zimbabwe had about 1,700 doctors and about 17,200 nurses to serve a population of 15 million people.

 

Just as health care workers are leaving the country, so are patients.

 

Over the past decade, Zimbabweans have spent more than 4 billion US dollars on cross-border medical migration. Annually, more than 200,000 Zimbabweans spend around 400 million US dollars on specialized medical treatment abroad. India, China, Singapore and South Africa are the main destinations.

 

But an increasingly popular choice is neighboring Zambia. In April alone, the International Organization for Migration surveyed over 260 people migrating from Zimbabwe to Zambia. When asked why they were traveling, 42% stated that it was to access better services — health being the top priority.

 

Precise data is hard to come by, but anecdotal evidence from sources who spoke to Global Press Journal, including border officials, points to a growing trend, raising questions about Zambia’s ability to manage the influx, and the future of health care in Zimbabwe.

 

The choice of Zambia

Zambia and Zimbabwe allocated nearly the same amount of money to their health sectors in 2024, even though Zambia is home to 4 million more people. With that budget, it’s an unlikely alternative to the Zimbabwean healthcare system. And in Africa, it’s South Africa and Kenya that are top destinations for medical tourism.

 

But the border with Zambia isn’t far for many Zimbabweans, making the cost of travel low and the process of crossing the border usually straightforward. A person needs either a passport or a pass issued at the border for just 1 US dollar, says Morgen Moyo, assistant regional immigration officer at the Chirunduborder post.

 

Even without documentation, immigration officials will at times let those seeking health care pass through. “Zambians prioritize life,” Moyo says.

 

It’s not only about convenience. Zambia offers free primary health services, including basic treatment, preventative care, vaccinations and maternal health care services, according to the 2022-2026 Zambia National Health Strategic Plan.

 

While these free services are not available to foreigners long-term, they can access them in emergencies within the first 24 to 48 hours in the country, says Dr. Kennedy Lishimpi, permanent secretary of administration for the Zambian Ministry of Health. Foreigners are expected to pay for Zambian health care after that timeframe.

 

In practice, though, Zambian health workers rarely charge foreigners, according to a 2019 study paid for by the US Agency for International Development, known as USAID.

 

“You wouldn’t want to see somebody from Zimbabwe, for instance, getting to Zambia and not accessing a service and then they end up dying. That is not good. Similarly, we expect that our sister countries do the same to our citizens when they are there,” Lishimpi says.

 

Dr. Mwanza, a Zambian doctor who chose to use only his last name for fear of retribution, says availability of surgical and specialist services in Zambia drives medical migration. In Zimbabwe, these services are rarely available outside of the large provincial and central hospitals. In 2019, for example, about 10% of district hospitals could provide basic surgeries, compared to 83% of provincial and central hospitals, according to a Zimbabwe health ministry assessment.

 

When Mary Chipfuvamiti’s son broke his arm in June, she says she chose a hospital in Zambia — about 93 kilometers (nearly 58 miles) from her home — over local options. She suspected the local hospital’s X-ray machine wouldn’t be working, and they would likely refer her to a private facility where an X-ray would cost her 40 US dollars.

 

“I only had 30 dollars on me,” she says. In Zambia, the total cost came to about 12.50 US dollars.

 

A case for Zimbabwe

Things haven’t always been like this in Zimbabwe. Before the country’s economy took a downturn, it offered free health services in the 1980s to low-income earners. About 90% of the population fell in that bracket.

 

In the early 1990s, the government introduced user fees in public health facilities as part of the austerity measures imposed on the government by the International Monetary Fund to reduce government expenditures. Currently, free health services are offered only to pregnant and lactating mothers, children under age 5 and adults over 60.

 

The economic crisis continues to strain what remains of the health care system. Hospitals struggle with obsolete infrastructure. Shortages of medicines and supplies in public health facilities are the norm.

 

And although Zimbabwe and Zambia have similar health budgets, Zimbabwe’s treasury sometimes delays funds disbursement, says Norman Matara, secretary general for the Zimbabwe Association of Doctors for Human Rights.

 

That was the case in 2021, when the health ministry by September had used just 46% of its budget allocation for the fiscal year due to late disbursement of funds, according to a 2024 situational report by the Zimbabwe Coalition on Debt and Development, a nongovernmental organization that advocates for socioeconomic justice.

 

“There is a mismatch between the money that is put on the budget and what is being received by the health institutions,” Matara says. Reasons include hyperinflation and currency rate fluctuations, he adds.

 

Comparing health services across countries is unfair, says Donald Mujiri, a Zimbabwe health ministry spokesperson. “Each country has its set standards and pricing.”

 

He doesn’t think this migration of patients reflects poorly on Zimbabwe’s health care system. “We have all the services in the country, and they are adequate to serve the people,” he says, adding that people are free to seek health care where they want.

 

Mujiri did not address questions regarding the late disbursement of funds.

 

The cost of the journey

These journeys to Zambia come with challenges.

 

Dube recalled her trips along the bumpy Harare-ChirunduHighway that connects the two countries, when every bump caused piercing pain.

 

In 2019, six years after her initial treatment in Zambia, she began experiencing severe pain. She went to a hospital in Harare for treatment, but a few months later the pain resurfaced. By that time, there was a health care strike at home, forcing her back to Zambia for treatment. Then in 2023, Zambian doctors discovered metal clips from her earlier surgery in Zimbabwe were piercing her liver. She returned to Zambia in January this year for corrective surgery, and again in June.

 

Health care experts warn that such journeys can be especially risky for patients who undergo surgery. If a surgery is performed in Zambia and there is no proper follow-up, there can be complications if doctors in Zimbabwe are unaware of previous procedures or tests, says Mukanya, a health expert working in a Zimbabwean hospital who chose to use his totem, fearing that speaking to the media would cost him his job.

 

In the case of misdiagnosis or malpractice in a foreign country, it’s difficult to get recourse. “In most cases you are powerless because you don’t know the [reporting] process and approaching a lawyer may require money,” he says.

 

Medical migration also comes at a cost to Zambia. The influx of patients complicates health planning, leading to shortages of essential medications and making it difficult to allocate resources effectively, according to USAID. The agency’s report recommends the Zambian government create a fee-for-service system to discourage foreigners from seeking free health care, but doctors in Zambia don’t seem to agree.

 

“Most health care providers interviewed stated that they would continue to provide services free of charge should a foreign patient be unable to pay,” according to the USAID report.

 

Lishimpi, the Zambia health ministry official, had no comment on the report’s concerns.

 

Dube, who is recuperating at home, is uncertain about the solutions. But she thinks the Zimbabwean government needs to prioritize fixing her country’s health care system. “I don’t know how best we can help our hospitals, but if there was any other way, I think they should consider the health sector more than anything else because we are talking of human life,” she says.

 

Gamuchirai Masiyiwa is a Global Press Journal reporter based in Harare, Zimbabwe.

 

Global Press is an award-winning international news publication with more than 40 independent news bureaus across Africa, Asia and Latin America.

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