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1-10 results from 1000 for query «debt»

January 7, 2019 10:30 AM Safari operator sues bank for auctioned property

A prominent safari operator in the Gwayi Conservancy has approached the High Court challenging the attachment and auctioning of his $70 000 car and household property by the National Merchant Bank (NMB) Bank Limited over a debt of $1 586. Mr Headman Sibanda is seeking $91 036 compensation from NMB Bank Limited for damages incurred when his property was attached 12

January 3, 2019 5:25 PM UK shames Zim embassy

Government was yesterday left with egg on its face after Zimbabwe’s embassy in the United Kingdom was named among 23 diplomatic missions that are not paying their rates. The diplomatic missions now owe the British taxman more than £1,5 million in unpaid business rates, which should have been paid on December 31, 2017. Out of the 23 named foreign missions 18

January 2, 2019 6:06 AM Man ‘stabbed several times’ over $3 debt

Two men have been arrested while two others are still at large after they allegedly fatally stabbed their neighbour over a $3 debt. Matabeleland South provincial police spokesperson Chief Inspector Ndebele confirmed the incident which occurred last Thursday at around 2PM in Fort Rixon. He said three siblings Danias (33), Davison (42) and Dashious Banda 11

November 27, 2018 4:42 PM Rio Tinto sued over $144k phone bill

Telone (Private) Limited has dragged Rio Tinto Zimbabwe Limited to the High Court after the mining company reportedly failed to pay a $144 000 telephone and rent bill. According to court papers, Rio Tinto applied for telephone services for its Kadoma Eiffel Flats branch from TelOne. The application was granted and the parties agreed that the telephone 19

November 20, 2018 6:08 AM Montrose bars fees debt pupils from exams

Montrose High School is barring pupils who have not paid fees from writing end of year examinations. Angry parents said their children were made to sit in classrooms or in the hall while other pupils were writing exams. A parent from Morningside suburb who requested anonymity said his daughter had missed three examination papers after the school authorities 22

November 20, 2018 4:29 AM Hands off Hwange, Parly told

Parliament has no authority to exercise its oversight role over private companies such as Hwange Colliery Company, neither does it have lawful powers to summon an administrator appointed by Government to appear before it, Attorney-General Advocate Prince Machaya has said. He said the Reconstruction of State Indebted and Insolvency Companies Act, which 23

November 15, 2018 3:50 PM Metallon Gold equipment to go under the hammer

Metallon Gold Zimbabwe is set to lose a car and office furniture over a debt owed to the Zimbabwe Electricity Transmission and Distribution Company (ZETDC). Miracle Auctioneers gave a notice mentioning that the property will be sold tomorrow at their premises in Shamva. In a statement, the auctioneers said the properties that are going to be sold include 21

November 13, 2018 5:18 PM Debt-ridden AirZim invites investors

Air Zimbabwe is inviting tenders from interested parties to invest in the stuttering airline. In a notice published yesterday, Air Zimbabwe Holdings administrator Reggie Saruchera said that interested bidders were to lodge their bids with Grant Thornton Chartered Accountants. “Tenders are hereby invited from interested parties to invest in Air Zimbabwe 21

November 12, 2018 11:23 AM Magistrate reduces ‘too much’ maintenance

A police officer from Bulawayo heaved a sigh of relief after a maintenance court magistrate told his estranged wife that the nearly $600 she was claiming for child upkeep and spousal maintenance was too much. Mrs Rasanai Chatukuta was demanding $200 for spousal maintenance and $390 for the upkeep of one minor child from Mr AIbert Chatukuta. She said when they separated 13

October 27, 2018 1:56 AM King Lobengula’s statue to be erected at Egodini Mall

King Lobengula’s statue will be erected at the entrance of the planned $60 million Egodini Mall in Bulawayo to honour his legacy. The statue, according to South African contractor, Tearracotta Private Limited (TPL), will be erected at the main entrance of the mall which will be situated at Corner Leopold Takawira and Lobengula Street. Thulani Moyo, TPL director 24