![]() The Terracotta official clarified when the bidding was prepared, there were three companies, and one of the companies proposed to invest US$1 million, the second – US$5 million in the project while his company proposed US$25 million. “That scheme was nowhere near the US$60m that is indicated there,” said Moyo. ![]() “What we did in terms of what we would invest in our bid submission is we prepared a scheme and in terms of that scheme, we gave an estimate of how much we thought maybe the cost of that scheme. We are not sure who created that number of US$60 million,” he said. I think it has been branded about by the media. ![]() “This number, US$60 million, we do not know where it comes from. Moyo said his company submitted a US$25 million bid for the project. It has, however, emerged that the value of the project is US$25 million as opposed to the US$60 million which the local authority claims the company submitted in its bid.Īddressing journalists during a virtual press briefing Wednesday, a Terracotta official, Thulani Moyo denied his company had submitted a US$60 million bid for the project to the Bulawayo City Council. However, since then, the multi-dollar project has failed to take off several times leading to both ratepayers and councilors demanding the immediate termination of the deal. ![]()
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