Browsing Tag

Penelope Douglas Stone

Mthuli Ncube, CABS lose US$142k case against architectural company

Feb 17, 2023 50,695

High Court judge Justice Martin Mafusire has ordered Central Africa Building Society (CABS) bank to pay an architectural company, Stone/Beatie Studio US$142 000, ending a dispute that has been raging for seven years, Nehanda Radio has…
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Crimes & Courts

Government, RBZ appeal ruling on foreign currency accounts

May 16, 2020 37,033

Government and the Reserve Bank of Zimbabwe are set to appeal this week’s High Court ruling that the RBZ exchange control directive converting sums in accounts originally designated in US dollars into Zimbabwe dollar denominated accounts,…
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Crimes & Courts

High Court reverses RBZ currency conversion

May 15, 2020 15,930

The High Court has declared unconstitutional, a Reserve Bank of Zimbabwe (RBZ) exchange control directive converting sums in accounts originally designated in US dollars into Zimbabwe dollar-denominated accounts, ordering a bank to pay a…
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