English/Business War Think Tank
Optimistic about the auto industry in Zimbabwe? The Vice President of Zimbabwe also opened an auto p
2020-09-15 21:57  Click:257


(African Trade Research Center) Recently, the Motovac Group's auto parts store, jointly owned by the Phelekezela Mphoko family and the Patel family, the Vice President of Zimbabwe, officially opened in Bulawayo on August 2020.

In addition, the Mphoko family is also a major shareholder in Choppies Enterprise, a large supermarket chain in Southern Africa. Choppies has more than 30 chain stores in Zimbabwe.

The person in charge Mr Siqokoqela Mphoko said: "The company's main reason for getting involved in the auto parts business is to create more job opportunities for Zimbabwe, so as to achieve the purpose of reducing poverty and empowering citizens. We plan to also visit Harare in September next year. Open a branch."

It is reported that the shop opened by Motovac in Bulawayo has created 20 jobs in Zimbabwe, 90% of which are women.

Mphoko said that these female employees were appointed after formal training, which is mainly to set an example for promoting gender equality in Zimbabwe.

Motovac's business scope includes suspension parts, engine parts, bearings, ball joints and brake pads.

In addition, the company has opened 12 branches in Namibia, 18 branches in Botswana, and 2 branches in Mozambique.

According to the analysis of the African Trade Research Center, although the representative of the vice president of Zimbabwe stated that the opening of auto parts stores in Zimbabwe is mainly to create more job opportunities, the opening of auto parts stores in many African countries such as Namibia, Botswana and Mozambique shows that its group is very important to the whole of Africa. The attention and expectation of the auto parts market. In the future, some new companies are expected to take a share of the African auto parts market with huge potential.
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