{"id":1080,"date":"2019-07-16T15:20:59","date_gmt":"2019-07-16T15:20:59","guid":{"rendered":"https:\/\/zimwonders.co.zw\/?p=1080"},"modified":"2019-07-16T15:24:08","modified_gmt":"2019-07-16T15:24:08","slug":"zimparks-seeks-investors","status":"publish","type":"post","link":"https:\/\/zimwonders.co.zw\/index.php\/2019\/07\/16\/zimparks-seeks-investors\/","title":{"rendered":"ZimParks Seeks Investors"},"content":{"rendered":"
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GOVERNMENT<\/strong> has committed to bring efficient to the Zimbabwe Parks and Wildlife Management Authority (ZimParks) by commercialising the entity.<\/strong><\/div>\n<\/div>\n<\/div>\n
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The move to restructure ZimParks is part of a broader Government strategy to reform numerous parastatals and state enterprises that have been operating inefficiently and as such have been a drain on the fiscus.<\/p>\n

The authority manages one of the largest estates in the country, about 5 million hectares of land or 13 percent of Zimbabwe\u2019s total land area.<\/p>\n

\"Travelstart<\/a><\/p>\n

Finance and Economic Development Minister Mthuli Ncube said this week that Government is looking for investors into the authority.<\/p>\n

\u201cWe are looking for investors for ZimParks. We have decided to have a joint venture arrangement for the commercial arm of ZimParks. The facilities in our national parks are run down,\u201d he said.<\/p>\n

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Zebras are also fond in most of the ZimParks national parks<\/figcaption><\/figure>\n

The entity runs 11 national parks, 14 recreational parks, 4 safari areas, 5 botanical gardens and 3 sanctuaries dotted throughout the country.<\/p>\n

ZimParks is mandated with protecting and managing Zimbabwe\u2019s wildlife population, but it also has a commercial arm that deals with tourism destinations and facilities.<\/p>\n

The Zimbabwe Parks & Wildlife Management Authority operates under an Act of Parliament, the Parks and Wildlife Act of 1975.<\/p>\n

ZimParks has a debt of around $21,5 million, and Government has indicated plans for the entity to pursue a debt restructuring to allow it more time to pay off obligations owed to various service providers.<\/p>\n

Meanwhile, earlier this month Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa said Government will provide an initial capital injection of equivalent to US$11,9 million to ZimParks to enhance its operations.<\/p>\n

The Authority has a mandate to manage the entire wildlife population of Zimbabwe, whether on private or communal lands. Private landowners can utilize the wildlife on their land but are still accountable to the Authority for the welfare of the animals.<\/p>\n<\/div>\n<\/div>\n

<\/div>","protected":false},"excerpt":{"rendered":"

\u00a0 GOVERNMENT has committed to bring efficient to the Zimbabwe Parks and Wildlife Management Authority (ZimParks) by commercialising the entity. The move to restructure ZimParks is part of a broader Government strategy to reform numerous parastatals and state enterprises that have been operating inefficiently and … <\/p>\n","protected":false},"author":1,"featured_media":1081,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[115],"tags":[137,84,95],"class_list":["post-1080","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brand-update","tag-investors","tag-zimbabwe","tag-zimparks"],"jetpack_featured_media_url":"https:\/\/i1.wp.com\/zimwonders.co.zw\/wp-content\/uploads\/2019\/07\/zimparks-chalets.jpg?fit=1250%2C833&ssl=1","jetpack_publicize_connections":[],"jetpack_shortlink":"https:\/\/wp.me\/paVs5M-hq","jetpack-related-posts":[{"id":1206,"url":"https:\/\/zimwonders.co.zw\/index.php\/2019\/08\/11\/zimparks-reviews-prices-for-locals\/","url_meta":{"origin":1080,"position":0},"title":"ZimParks Reviews Prices for Locals","date":"August 11, 2019","format":false,"excerpt":"ZIMPARKS has increased the Vic Falls Rain Forest entry fees with effect from today. The fees have been reviewed up to $30 from $7, Zambezi National Park entry fees reviewed up to $25 per person. In April when Zimparks wanted to increase the fees, the then Minister of Tourism, Prisca\u2026","rel":"","context":"In "NATIONAL"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/zimwonders.co.zw\/wp-content\/uploads\/2019\/04\/zimwonders.jpg?fit=1024%2C694&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":692,"url":"https:\/\/zimwonders.co.zw\/index.php\/2019\/04\/28\/zimbabwe-parks-and-wildlife-management-authority-wins-gold\/","url_meta":{"origin":1080,"position":1},"title":"Zimbabwe Parks and Wildlife Management Authority Wins Gold","date":"April 28, 2019","format":false,"excerpt":"The Zimbabwe Parks and Wildlife Management Authority won a gold medal for the Zimbabwean Best Exhibit in the Travel and Tourism sector at the just ended Zimbabwean International Trade Fair (ZITF) held in Zimbabwe's second largest city, Bulawayo. The Authority manages one of the largest estates in the country, about\u2026","rel":"","context":"In "OPERATOR UPDATES"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/zimwonders.co.zw\/wp-content\/uploads\/2019\/04\/IMG_20190428_170350.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1035,"url":"https:\/\/zimwonders.co.zw\/index.php\/2019\/07\/08\/seven-elephants-found-dead\/","url_meta":{"origin":1080,"position":2},"title":"Seven Elephants Found Dead","date":"July 8, 2019","format":false,"excerpt":"IN a sad development, Zimbabwe Parks and Wildlife Management Authority (Zimparks) is investigating a suspected case of cyanide poisoning after seven elephant carcasses were reportedly found in an advanced state of decomposition in the Hwange National Park on Saturday. Rangers on patrol near the border with Botswana in an area\u2026","rel":"","context":"In "CONSERVATION"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/zimwonders.co.zw\/wp-content\/uploads\/2019\/07\/poisoined-elephant.jpg?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":739,"url":"https:\/\/zimwonders.co.zw\/index.php\/2019\/05\/01\/zimbabwe-to-attend-elephant-summit\/","url_meta":{"origin":1080,"position":3},"title":"Zimbabwe to Attend Elephant Summit","date":"May 1, 2019","format":false,"excerpt":"Zimbabwe will attend an Elephant Summit, courtesy of the Botswana Government,\u00a0 to discuss the adoption of a common position in the Southern African region, with to Botswana's proposition to lift the ban on elephant hunting ahead of the CITES meting later this monththe The conference will run from 3 -\u2026","rel":"","context":"In "CONSERVATION"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/zimwonders.co.zw\/wp-content\/uploads\/2019\/05\/trophy-hunting.jpg?fit=1190%2C847&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1171,"url":"https:\/\/zimwonders.co.zw\/index.php\/2019\/08\/02\/america-to-fund-great-zimbabwe-preservation\/","url_meta":{"origin":1080,"position":4},"title":"America to Fund Great Zimbabwe Preservation","date":"August 2, 2019","format":false,"excerpt":"THE United States of America has offered Zimbabwe $475,000 to help restore the stone walls at Great Zimbabwe, a fortress that dates back to the 11th century and which gave the country its name. The walls, which are 11 metres in height in some places, are being affected by a\u2026","rel":"","context":"In "CONSERVATION"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/zimwonders.co.zw\/wp-content\/uploads\/2019\/08\/great-zimbabwe.jpg?fit=1024%2C683&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1326,"url":"https:\/\/zimwonders.co.zw\/index.php\/2019\/11\/03\/zimbabwe-to-showcase-at-wtm-london\/","url_meta":{"origin":1080,"position":5},"title":"Zimbabwe To Showcase At WTM London","date":"November 3, 2019","format":false,"excerpt":"Zimbabwe will take the opportunity to pitch local tourism products at the World Travel Market (WTM) London, UK, tomorrow. WTM is one of the largest and most established travel events in the world, attracting over 51 000 global participants. Following last year\u2019s successful introduction of the Regional Inspiration Zones, WTM\u2026","rel":"","context":"In "INTERNATIONAL"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/zimwonders.co.zw\/wp-content\/uploads\/2019\/11\/Victoria-Falls-Zimbabwe-arial-view.jpg?fit=680%2C380&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/zimwonders.co.zw\/index.php\/wp-json\/wp\/v2\/posts\/1080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zimwonders.co.zw\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zimwonders.co.zw\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zimwonders.co.zw\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zimwonders.co.zw\/index.php\/wp-json\/wp\/v2\/comments?post=1080"}],"version-history":[{"count":2,"href":"https:\/\/zimwonders.co.zw\/index.php\/wp-json\/wp\/v2\/posts\/1080\/revisions"}],"predecessor-version":[{"id":1084,"href":"https:\/\/zimwonders.co.zw\/index.php\/wp-json\/wp\/v2\/posts\/1080\/revisions\/1084"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zimwonders.co.zw\/index.php\/wp-json\/wp\/v2\/media\/1081"}],"wp:attachment":[{"href":"https:\/\/zimwonders.co.zw\/index.php\/wp-json\/wp\/v2\/media?parent=1080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zimwonders.co.zw\/index.php\/wp-json\/wp\/v2\/categories?post=1080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zimwonders.co.zw\/index.php\/wp-json\/wp\/v2\/tags?post=1080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}