Metropolitan Bank of Zimbabwe Limited

  • Business Briefs

    Zimbabwean banker ordered to pay US$92 million by Namibian court

    The Namibian High Court has ordered embattled top Zimbabwean banker Enoch Kamushinga to pay liabilities for his failed Windhoek-based SME Bank amounting to N$1,5 billion (about US $91,6 million at current rate). Liquidators were seeking an order for Kamushinda and the two financial institutions to pay individually or severally more than N$1,5 billion. In addition, they sought an order compelling…

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