By A Correspondent

Controversial Zanu PF tenderpreneur Wicknell Chivayo has reportedly signed a significant deal over the weekend, sparking concerns about the extent of looting linked to President Emmerson Mnangagwa’s close associate.

Chivayo, the owner of Intratrek ZW, has finalized a massive deal with Chint Group Co., Ltd., a Chinese corporation known for its expertise in smart energy solutions. The $2.5 billion agreement involves the construction of 13 power transmission lines in Kenya and an upgrade to the national grid stability in Tanzania.

Chint Group, a leading Chinese holding company, specializes in low-voltage electrical equipment and photovoltaic products. By May 2024, Chint had expanded its reach to over 100 countries and regions, with international business contributing 30% of its total revenue. The company’s assets are valued at approximately US$25 billion.

Chivayo, known for his controversial involvement in Zimbabwe’s energy sector, has been linked to numerous questionable deals, including the Gwanda Solar project, from which he is alleged to have looted significant funds. His business interests span Zimbabwe, Tanzania, Kenya, and beyond, raising eyebrows over the transparency of his dealings in these countries.