#ChivayoInUSD220MillionTenders
#PreviouslyUnknownContractsLeak
As more solid evidence of tenderpreneur Wicknell Chivayo’s sources of income emerges, The NewsHawks has now confirmed the authenticity of letters circulating on social media showing the money-spinning dealer asking Ecobank to increase withdrawal limits for two of his companies which have running state tenders with government worth US$220 million in total.
In two separate recent letters to Ecobank, Chivayo writes to the Borrowdale branch manager on 5 December 2024 asking the withdrawal limit for Eden Breeze (Pvt) Ltd to be increased to US$20 million a month to facilitate implementation of US$120 million worth of state contracts with government departments.
In another letter, also dated 5 December 2024, Chivayo requests Ecobank to raise the withdrawal limit for IMC Technologies to fund a US$100 million deal wih the ICT ministry for supply of hardware, software and consumables.
These deals add to Chivayo's other tenders and contracts which include power utility Zimbabwe Electricity Supply Authority and its subsidiaries (US$173 million), Zimbabwe Electoral Commission (US$100 million), immigration, police, army and mining, among other things worth hundreds of millions in public funds.
#ChivayoInUSD220MillionTenders #PreviouslyUnknownContractsLeak