BY MUNYARADZI MADZOKERE Sakunda Holdings led by owner Kudakwashe Tagwirei made its first step towards the start of the rehabilitation of Rufaro Stadium after embarking on a tour of the facility and the surrounding areas yesterday.
This comes a few weeks after the local authority agreed to sign a Memorandum of Understanding for the company to take charge of the stadium in a long lease.
Sakunda Holdings sponsors giants Dynamos and Highlanders on the local football scene and have set sights on the revamp of football facilities around the country.
Officials from the city council led by acting Town Clerk Phakamile Moyo were also part of the assessment tour of the Mbare facility.
Tagwirei expressed excitement at the joint venture project with the city fathers.
“I am excited by challenges such as this one and you will see that we will all enjoy it as we participate together in this programme. This is not a Sakunda programme, it is a Harare City and Sakunda programme,” he said.
“We are just there to make sure that the dream that you (Harare City) have becomes a reality so that we all move together as a society. Thank you very much to Harare City for allowing us to participate with you and I pray that this is going to be a fruitful joint venture and I hope we are going to do many other things together,” Tagwirei added.
The Acting Town clerk revealed that the MoU with Sakunda is yet to be signed while the value and length of the proposed lease is yet to be determined.
- Chamisa under fire over US$120K donation
- Mavhunga puts DeMbare into Chibuku quarterfinals
- Pension funds bet on Cabora Bassa oilfields
- Councils defy govt fire tender directive
Keep Reading
“The MOU is in the process of being finalised but basically the heart of this MOU comes out of the scope of the whole project so at this point we are still working on the scope.
“The MoU is not an agreement, after the MoU when we agree the terms and conditions we then sign a memorandum of Agreement (MoA) which will determine the length of the lease but the MOU is just giving rules of engagement and for us to do due diligence. And after we have gathered all the information then we move towards an MOA,” he said.
According to Sakunda Holdings representative Nqobile Magwizi said the signing of the MoU will be followed by the environment and social impact assessment, the engagement of the feasibility study which will bring out all the scope of what needs to be done and the MoA will be signed.
Scheduled for early April is a trip to South Africa by a select team which will visit the neighbouring country to assess the required international standards for stadia.
