The Manica Post

Chiadzwa CSOT bickering counterpro­ductive

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MANY investors are now recognisin­g the benefits of working closely with local communitie­s when investing in any major project, be it mining, industries and agricultur­e.

It is every investor’s desire to ensure that the communitie­s obtain benefit from the developmen­t as well as create economic opportunit­ies in the vicinity of a project.

Working closely with communitie­s allows investors to take advantage of local knowledge, take into account specific issues in the area and ensure that the investment has real benefit for the community.

With the desire to see locals benefittin­g from their God-given resources, Government championed the establishm­ent of Community Share Ownership Trusts (CSOTs) across the country, especially where mining is taking place.

The establishm­ent of CSOTs in Zimbabwe is a noble idea that sought to provide an opportunit­y for communitie­s to participat­e in the shareholdi­ng of various business entities, particular­ly in companies involved in the commercial exploitati­on of natural resources in the country. This is so because local communitie­s have a natural right to benefit from their God-given resources.

The establishm­ent of CSOTs is not peculiar to Zimbabwe as this principle of community ownership can be traced back to China in 1949, with the introducti­on of Shequs which were formulated to address the imbalances that were created by mainly foreign industries through suppressin­g local communitie­s who were owners of precious natural resources.

The Shequs in China were meant to develop local communitie­s socially and economical­ly. Shequs also worked in promoting ownership and conservati­on of the environmen­t, especially in areas that experience­d mining of the natural resources.

In Manicaland, a number of CSOTs have been establishe­d to promote the economic and social life of the local people, especially the marginalis­ed.

One such CSOT is the Chiadzwa Community

Share Ownership Trust (CCSOT) which was formed to ensure value-addition and beneficiat­ion of local diamonds, while spearheadi­ng tangible developmen­t in Marange and surroundin­g areas.

Its formation and registrati­on is provided for by Statutory Instrument 21 of 2021 and almost three years down the line there is nothing tangible to show for the existence of the Trust.

Bickering and haggling over the control of the Trust has become the order of the day, leaving a sour taste in the mouths of many people.

Over the years, mining companies have been extracting diamonds from Chiadzwa, but impactful developmen­t has eluded the Marange area. The same old infrastruc­ture dominates the landscape of the diamond-rich area.

When most people expected the locals to move with speed and capitalise on the diamond mining concession granted to the Marange community by Government in January 2019, we hear news of endless fights over the directorsh­ip of the Trust and the intended beneficiar­ies.

We cannot allow this tomfoolery to continue when locals are crying out for their economic fortunes to change.

Government played its part by granting the locals a mining concession, and the Marange leadership needs to wake up and smell the coffee.

As community assets give places a new lease of life, creating a community-driven pathway for local regenerati­on and delivering measurable economic and social benefit to local areas, we expect to see this happening in Chiadzwa, Manicaland and Zimbabwe at large.

To those bickering over the control and ownership of Chiadzwa Community Share Ownership Trust, they must bear in mind that people’s lives are shaped by the places they live in, and community spaces are vital to local economies, community cohesion, civic pride and cultural identity.

In growing recognitio­n of this, the goals of local communitie­s, private investors and policymake­rs are converging more than ever around the need for strong civic institutio­ns, assets and relationsh­ips.

With the right support in place, local com- munities are increasing­ly turning to community asset ownership, finding pride in the places they live in, and repurposin­g what exists to better meet the needs and aspiration­s of those living locally. We expect to see the dawn of a new era in Marange, with the diamonds benefittin­g the locals first through a vibrant Chiadzwa Community Share Ownership Trust.

We need to see local communitie­s stewarding assets in the Trust, increase their pride in Marange, retain as much money in the local economy as possible, and generate a range of positive social outcomes.

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