The fight for the control of agro-industrial group, CFI Holdings took a new twist today with the Zimbabwe Stock Exchange (ZSE) saying it was not informed that Messina Investments had passed the 35 percent shareholding threshold which compels it to make a mandatory offer to minorities.
First Lady Grace Mugabe was into politics way before she entered the public arena in 2014 as the Zimbabwe African National Union-Patriotic Front Secretary for Women’s Affairs.
There was a rare moment of unity in Parliament yesterday when both members of the ruling Zimbabwe African National Union-Patriotic Front and the opposition Movement for Democratic Change opposed the appointment of Michael Ndudzo as Zimbabwe’s next auditor-general.
Zimbabwe’s Members of Parliament today rejected the proposed appointment of Industrial Development Corporation boss Mike Ndudzo as Auditor General to replace the popular Mildred Chiri.
British tycoon, Nicholas Van Hoogstraten today made a counteroffer to CFI minorities, at 46 cents per share more than double the offer by Stalap as the two rivals intensify their battle for control of the agro-industrial group.