Kilimanjaro Capital Ltd.
(“Kilimanjaro” or “the Company”)
Matebeleland Economic Plan Announced
Region Rich in Resources
–
Gold,Diamonds, PlatinumFor Immediate Release
April 28, 2014
Belize City:
Thedirectors and management ofKilimanjaro 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 establishingan 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
, genocideand 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.” Matebel el and roughly comprises
the former Ndebele Kingdom, which was involuntarily joinedwith Mashonaland to form Rhodesia in 1894
.
The Ndebele people have suffered greatly underZimbabwe’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 democraticunity 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: kcap.biz
Phone: 44 (0) 20 3239 1362
Email: info@kcap.biz
(“Kilimanjaro” or “the Company”)
Matebeleland Economic Plan Announced
Region Rich in Resources
–
Gold,Diamonds, PlatinumFor Immediate Release
April 28, 2014
Belize City:
Thedirectors and management ofKilimanjaro 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 establishingan 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
, genocideand 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.” Matebel el and roughly comprises
the former Ndebele Kingdom, which was involuntarily joinedwith Mashonaland to form Rhodesia in 1894
.
The Ndebele people have suffered greatly underZimbabwe’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 democraticunity 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: kcap.biz
Phone: 44 (0) 20 3239 1362
Email: info@kcap.biz
