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Allied Timbers Zimbabwe

Kanyekanye faces $10m lawsuit

Allied Timbers Zimbabwe is seeking to recover $10 million from its former chief executive officer, Joseph Kanyekanye, which was lost through unlawful hefty discounts to selected customers, unauthorised allowances and diverting millions of…
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Allied Timbers CEO freed on bail

Allied Timbers Zimbabwe Private Limited chief executive Daniel Simbisai Sithole and his procurement manager Justice Chimusaro have appeared in court facing two counts of abuse of office after they allegedly acquired a US$64 000 tellelogger…
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Allied Timbers head nabbed

Allied Timbers Zimbabwe (ATZ) chief executive Daniel Sithole was yesterday arrested for allegedly flouting procurement procedures at the State-owned company. Sithole (70), who is jointly charged with ATZ procurement manager Justice…
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Kanyekanye exit exposes wrangles

Joseph Kanyekanye’s resignation as chairman of the boards of Capital Bank and Rainbow Tourism Group (RTG) could be a microcosm of intense board wrangles rattling both institutions in which the National Social Security Authority (NSSA) is a…
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