Matebeleland Economic Plan Announced
Posted: Wed Apr 30, 2014 7:22 pm
(“Kilimanjaro” or “the Company”)
Region Rich in Resources – Gold, Diamonds, Platinum
For Immediate Release
http://www.otcmarkets.com/otciq/ajax/sh ... =766322035
April 28, 2014
Belize City: The directors and management of Kilimanjaro Capital (G4:KCAP, US OTC: KIMJF) are pleased to provide a non material update on the Company’s economic plan for Matebeleland. The Company has previously entered into a consultation agreement with the Matebeleland Liberation Organization (MLO) to provide recommendations to revitalize the economy of the independence seeking region of Zimbabwe.
In January 2013, the MLO and Kilimanjaro jointly announced an initiative to study the feasibility of establishing an economic plan in the run up to eventual independence. Kilimanjaro has now reached several findings:
1. An independent, free and sovereign Republic of Matebeleland would be economically viable and self sufficient and provide better quality of life to its citizens through the exploitation of its rich diverse natural resources and primary products. Kilimanjaro Capital is willing to work, support and promote the cause of economic self determination in Matebeleland under the leadership of the MLO, whose core values include respect for human rights, transparency and accountability, respect for the rule of law and independence of the judiciary, greater freedoms to the people with wide bill of rights that would include individual property rights and tolerance to diversity and proscribes discrimination.;
2. An initial focus on resources including hydrocarbons potential and agriculture would provide an influx of foreign capital;
3. Any Matebeleland government must take a controlled approach towards investment but without capital restrictions. Foreign investment should be welcomed yet for every dollar spent; at least three more must be generated for the local economy in the form of jobs, human capital, education, or infrastructure.
4. A true Free Trade Zone in Bulawayo with no taxation should be initiated to encourage investment especially from South Africa and an offshore financial centre to be established with rule of law a priority.
5. Restitution from the Zimbabwe government in Harare for decades of economic mismanagement, genocide and theft is necessary.
An independent Economic Authority with participation by the eventual Matebeleland government, and independent experts is recommended while Kilimanjaro would help initially oversee an Oil, Gas, and Mining Authority. The MLO is headed by patriot and businessman Paul Siwela who retained Kilimanjaro’s services.
Kilimanjaro CEO Zulfikar Rashid also noted: “Matebeleland is an extremely rich land but badly governed at present by Zimbabwe. I grew up under Idi Amin so I know the toll extracted by a dictator however economic recovery should come swiftly after independence given the vast resources of gold, diamonds, chrome, and platinum that abound.”
Matebeleland roughly comprises the former Ndebele Kingdom, which was involuntarily joined with Mashonaland to form Rhodesia in 1894. The Ndebele people have suffered greatly under Zimbabwe’s rule having been the victims of genocide and then disastrous and criminal agricultural policies which destroyed their economy. The MLO seeks a peaceful and democratic unity government in Matebeleland, justice for all its peoples who have been wronged by the current government, and revitalization of its once bountiful economy.
Kilimanjaro does not presently own assets or invest in Zimbabwe. Kilimanjaro from time to time provides updates which would not constitute material changes or information on company activities but rather current and informative details of interest.
For more information:
35 New Road
P.O. Box 198
Belize City
Belize
Website: http://www.kcap.biz
Phone: 44 (0) 20 3239 1362
Email: info@kcap.biz
Region Rich in Resources – Gold, Diamonds, Platinum
For Immediate Release
http://www.otcmarkets.com/otciq/ajax/sh ... =766322035
April 28, 2014
Belize City: The directors and management of Kilimanjaro Capital (G4:KCAP, US OTC: KIMJF) are pleased to provide a non material update on the Company’s economic plan for Matebeleland. The Company has previously entered into a consultation agreement with the Matebeleland Liberation Organization (MLO) to provide recommendations to revitalize the economy of the independence seeking region of Zimbabwe.
In January 2013, the MLO and Kilimanjaro jointly announced an initiative to study the feasibility of establishing an economic plan in the run up to eventual independence. Kilimanjaro has now reached several findings:
1. An independent, free and sovereign Republic of Matebeleland would be economically viable and self sufficient and provide better quality of life to its citizens through the exploitation of its rich diverse natural resources and primary products. Kilimanjaro Capital is willing to work, support and promote the cause of economic self determination in Matebeleland under the leadership of the MLO, whose core values include respect for human rights, transparency and accountability, respect for the rule of law and independence of the judiciary, greater freedoms to the people with wide bill of rights that would include individual property rights and tolerance to diversity and proscribes discrimination.;
2. An initial focus on resources including hydrocarbons potential and agriculture would provide an influx of foreign capital;
3. Any Matebeleland government must take a controlled approach towards investment but without capital restrictions. Foreign investment should be welcomed yet for every dollar spent; at least three more must be generated for the local economy in the form of jobs, human capital, education, or infrastructure.
4. A true Free Trade Zone in Bulawayo with no taxation should be initiated to encourage investment especially from South Africa and an offshore financial centre to be established with rule of law a priority.
5. Restitution from the Zimbabwe government in Harare for decades of economic mismanagement, genocide and theft is necessary.
An independent Economic Authority with participation by the eventual Matebeleland government, and independent experts is recommended while Kilimanjaro would help initially oversee an Oil, Gas, and Mining Authority. The MLO is headed by patriot and businessman Paul Siwela who retained Kilimanjaro’s services.
Kilimanjaro CEO Zulfikar Rashid also noted: “Matebeleland is an extremely rich land but badly governed at present by Zimbabwe. I grew up under Idi Amin so I know the toll extracted by a dictator however economic recovery should come swiftly after independence given the vast resources of gold, diamonds, chrome, and platinum that abound.”
Matebeleland roughly comprises the former Ndebele Kingdom, which was involuntarily joined with Mashonaland to form Rhodesia in 1894. The Ndebele people have suffered greatly under Zimbabwe’s rule having been the victims of genocide and then disastrous and criminal agricultural policies which destroyed their economy. The MLO seeks a peaceful and democratic unity government in Matebeleland, justice for all its peoples who have been wronged by the current government, and revitalization of its once bountiful economy.
Kilimanjaro does not presently own assets or invest in Zimbabwe. Kilimanjaro from time to time provides updates which would not constitute material changes or information on company activities but rather current and informative details of interest.
For more information:
35 New Road
P.O. Box 198
Belize City
Belize
Website: http://www.kcap.biz
Phone: 44 (0) 20 3239 1362
Email: info@kcap.biz