Companies
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Telecel in court over US$34,000 rental arrears
MOBILE network operator Telecel Zimbabwe has been sued for allegedly failing to pay more than US$34 000 in rentals for one of its rented properties in Mabelreign, Harare. According to the summons before the High Court, Telecel incurred arrears of US$34 400 and Peter Saopa, the applicant alleges he has tried to get payment but to no avail. Hence, Saopa…
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Court fight after Lafarge tries to cheat customer out of 1,200 cement bags
A HARARE man who paid in full for 1,200 bags of cement in October 2018 and then did not claim them for two years, during which time the currency changed, is suing Lafarge Cement after the company said his money was now worth just 17 bags. Morgan Mhlanga, of Harare, paid US$13,136.43 into the cement maker’s Stanbic bank account for…
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EcoCash records solid results despite economic hurdles
EcoCash Holdings Zimbabwe Limited, formerly Cassava Smartech Zimbabwe Limited, reported solid operating results for the year ended February 28, 2021, despite strong economic headwinds in the country due to the coronavirus pandemic. The group’s financial results released this week gave a glimpse of how EcoCash Holdings navigated the negative effects of the Covid-19 pandemic and a difficult regulatory environment for…
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