Corruption Watch: Mbudzi interchange just another eating project
Things are now making better sense following yet another revelation that government borrowed US$88 million from a private company to finance the Mbudzi project.
By Tawanda Majoni
Feb. 12, 2023
US$88m govt deal raises stink
Ncube announced in a Government Gazette that government had signed a US$88 million loan deal with Obey Chimuka’s Fossil Mines (Pvt) Ltd to find the project at an interest rate of 5% per annum.
By Kenneth Nyangani
Feb. 10, 2023
Fossil seals Lafarge takeover
On Thursday, Fossil settled the purchase price of Lafarge Cement, placing the giant cement producer in the hands of local entrepreneurs.
By Staff Reporter
Dec. 2, 2022
Lafarge account garnished over debt
Documents show the account was garnished following a ruling against the cement manufacturer by High Court.
By Staff Reporter
Oct. 31, 2022
