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Nitram Properties a short thread. #Asakhe
Nitram properties was set up by ex Zpra combatants. About 15 000 combatants contributed ZW$50 each raising a total of ZW$750 000. There was also cash that was left from the war.
The original idea was to fund ex-combatants who had been demobilized and it was feared they won't be able to find jobs. Then it was agreed the combatants could work in ZPRA owned companies.
Nitram was then set up and it bought various companies valued at over ZW$400 000 and after renovation the properties were valued over ZW$1 000 000.
The companies include : Escot Estate bought for ZW$55 764. Hampton farm $120 000, Nest egg farm $45 000 ,Castle arms motel $25 000, woody Glen Farm $77 700, a stand in Richmond $12 000,Tengam Pvt limited :Lido motel $25 000, Magnet house $142 000
Part of Halensvale block $31 000, Walmer Ranching company: Nsombaan and Shukwe farms $84 000,Anele Pvt Limited: 3 farms in Halensvale block $255 790.
S.B and W Pvt Limited : Two stands in Sauerstown $48 000,Zimbabwe Agric Development company: Raylands farm $20 000.
J and A investments: Two farms in Halensvale block $100 000, 2 stands in Gweru $17 500, Lingfield farm $80 000, and part of Swaithe farm $85 000
By the way ZAPU the party also had its companies like Kudu motors, Black cat removals, Duze and quite a number of farms
ZPRA was also given money by ZAPU that was left from the war
Snake Park in Harare was also a ZAPU property
ZAPU also had a lot of co-operatives and they had a company that assembled Layland trucks. A group of ex zpra combats had buses .The buses were burned by "dissidents' in Nkayi. Part of ZAPU properties included Naunetsi Ranch , Vuka Uzenzele Coop Dadaya Mandava Cooperation
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