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Banker Caught Over Shares

Top banker and marketing specialist, Mr Douglas Mamvura, is demanding payment of US$4 million from his former business partner Mr George Manyere, over a deal involving the sale of shares of an investment company they co-founded. The erstwhile business partners are locked in a bitter dispute in which they have traded allegations about each other’s… ....

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Lazarus Moment For Muchenje As He Is Reinstated NetOne Boss


HIGH COURT judge Webster Chinamhora has reinstated Lazarus Muchenje as NetOne Cellular (Private) Limited CEO.
This becomes the third time reinstatement by the court for Muchenje who has been involved in a bruising fight with his employer’s board for some time now.
Chinamhora also slapped the telecommunications giant with costs of suit including the board members who were the respondents in the case.
Muchenje rushed to court early this year after he was dismissed on three months’ notice.
He challenged the legality of the letter of termination served on him by the board.
In his ruling, Justice Webster Chinamhora said there was no basis to rely on common law over the matter. ....

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Police Reluctant To Bring NetOne Boss, Mutangadura To Court


By Staff Reporter
POLICE and the National Prosecuting Authority (NPA) could be guilty of selective application of the law after they have allowed under-fire NetOne acting chairperson Susan Mutangadura to roam freely with the courts failing to proceed with her perjury case owing to her non-availability.
Mutangadura is a wanted person in a case in which she is accused of falsely claiming under oath that Harare business executive Douglas Mamvura was not a NetOne Board member.
She is jointly accused with Ranga Mavhunga who on Thursday appeared at the Harare magistrate’s court, but his case could not be heard owing to the continued absence of her co-accused, Mutangadura. ....

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