Can shareholders be lawfully divested of their rights outside the ambit of the Companies Act, asks Ms. Miriam Mutizwa

Ms. Miriam Mutizwa, a Zimbabwean-born IT professional based in the UK and a corporate literacy enthusiast under the Banking on Africa’s Future (BOAF) initiative to deepen and widen the understanding of the centrality of the rule of law in delivering the promise of an inclusive and prosperous Africa; asks: “Can shareholders be lawfully divested of their rights outside the ambit of the Companies Act.” Ms. Mutizwa asks this question because the Attorney General of Zimbabwe, Mr. Machaya, a qualified lawyer, did not see anything legally and constitutionally wrong with an…

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Secretary General Of The Friends of SMM (FOSMM) Asks A Rhetorical Question

Mr. Tapuwa Chitambo, one of the founders and the Secretary General of the Friends of SMM (FOSMM) asks a rhetorical question: “With parliamentarians like we have, who needs a parliament?” to highlight his frustration that since independence, the parliament of Zimbabwe has been reduced to a talking shop and rubber stamping institution for laws that undermine the promise of constitutionalism. Mr. Chitambo born on 8 August 1980, the year of Zimbabwe’s independence, was also the co-founder of Zimbabwe Activists Alliance and a Co-Convener of an initiative by a Churches and Civic…

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Mutumwa Mawere Says The AG Must Go

Mr Mutumwa Mawere, Chairman of Africa Resources Limited (ARL), a company that is the ultimate beneficial shareholder of SMM Holdings Private Limited (SMM), a company that was placed under reconstruction by former Minister of Justice Hon Chinamasa, in terms of a decree promulgated by former President Mugabe, said that the Attorney General, Mr Prince Machaya must go. Mr Mawere’s reason for calling for Mr Machaya to vacate office is based on Mr Machaya’s bold contention that the Reconstruction act is legal and constitutional in terms of an affidavit dated 15…

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Prof Jonathan Moyo Exposed on his role in the SMM heist

Professor Jonathan Moyo, who was the Minister of Information and Publicity in 2004, and was alleged to be part of the Tsholotsho gang, has surprising said that the introduction of the Reconstruction Act was instigated by President Mnangagwa, who he how calls a bush lawyer notwithstanding the fact that at the time he would have killed to have him assume the position of Vice President and successor to former President Mugabe. With respect to the Reconstruction Act, Professor Moyo has described it as diabolic in response to a question on Twitter…

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