The heads of state from Brazil, Russia, India, China and South Africa (BRICS) are meeting in Johannesburg’s corruption-ridden financial district of Sandton for a two-day annual summit. Pretending to challenge Western imperial hegemony over poor nations of the South, this bloc has itself proved to be no different. 

The withdrawal, this week, by the Emmerson Mnanagwa government of the tender awarded to Geiger International for the dualisation of the Beitbridge-Harare-Chirundu Highway, reveals shocking levels of corruption by the Zimbabwean authorities, which awarded the tender to an undeserving company in the first place. The US $2.7 billion tender was awarded to Geiger International in 2016 and close to three years later, no construction has started. The government has cited lack of progress on the project, as the reason for the cancellation of the tender, while the contractor has remained mum. But what could be the reasons for the lack of progress?

Industrial investment in Africa by BRICS nations has been mired in scandal at times but on the whole appears to be welcomed. Farai Maguwu takes a closer look at the real impact of BRICS investments in Zimbabwe, and questions what is required for Zimbabwe’s long term benefit.