Wicknell Chivayo, the managing director of Intratek, a company that was awarded the tender to build a $200 million solar power project in Gwanda and was advanced more than $5 million is likely to drag four former cabinet ministers down with him.
Opposition leader and former Energy Minister Elton Mangoma has been dragged into the Wicknell Chivayo saga with board members of the Zimbabwe Power Company telling a Parliamentary committee that Mangoma and his successor Samuel Undenge piled pressure on the company to pay Chivayo without due diligence or a bank guarantee.
Prodairy, a unit of Probrands says factory capacity has now reached two million litres per month from 1 million litres in 2016 following an investment of $4 million on plant and equipment.
Zimbabwe's state-owned electricity distributor has given businesses, including mines and large-scale farms, six months to clear their bills or risk being cut off and face litigation.
CFI reported an 87 percent increase in profit before tax to $2.8 million in the five months to February compared to $1.5 million in the same period last year while revenue grew by a third.
Mabvuku-Tafara legislator James Maridadi has called on the government to address the issue of violence and intimidation, if this year’s elections are to be free and fair, as there were young men intimidating people by demanding their registration slips.