Business

ZESA Holdings has embarked on a nationwide blitz on defaulters, including high-profile businesspeople, farmers and politicians, and has blacklisted them so that they cannot open new accounts using different addresses.

Trading in any currency, which is not the Zimbabwe dollar, now attracts a fixed $6 000 fine and failure to pay the fine will result in the person involved being jailed.

Zimbabwe Power Company (ZPC) has withdrawn its application for leave to appeal against the High Court decision allowing Intratrek Zimbabwe Pvt Ltd to enforce the court’s order to proceed with work on the Gwanda Solar Project, pending the former’s appeal to the Supreme Court.

A US$3, 6 million dispute between legislator Justice Mayor Wadyajena and businessman Kudakwashe Tagwirei emanating from a botched truck-hire deal was on Thursday tabled before High Court Justice Felistus Chatukuta, who referred it to trial.

NetOne has lost up to $150 000 from January this year up to now, due to vandalism of towers and theft of batteries at base stations across the country.