Ms. Miriam Mutizwa asks whether Hon Mliswa a villain or victim on the Hwange and SMM matters?

Ms. Miriam Mutizwa asks whether Hon Mliswa a villain or victim on the Hwange and SMM matters? Ms. Miriam Mutizwa, a Zimbabwean born UK resident who has been following closely matters related to the existence and operation of the controversial Reconstruction of State-Indebted Insolvent Companies Act (the Act), asks whether Hon Mliswa a villain or victim on the Hwange and SMM matters as his conduct seems to be inconsistent, contradictory and untenable for a Chairman of multi-party forum as the Portfolio Committee of Mines and Mining Development. “The facts and…

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Guilty by association, only in Judge Makarau’s world, says Ms. Miriam Mutizwa

The attention of Ms. Miriam Mutizwa, a member of the Friends of SMM (FOSMM) was brought to the existence of a judgment by Makarau J dated 23 March 2005 whose constitutional legitimacy and validity defies any logic. The parties to the dispute were as follows: THZ Holdings Limited (THZH), a company duly incorporated and operating in terms of the laws of the UK that was the direct and indirect holder of shares in Endurite Properties (Private) Limited (“Endurite”), and apart from holding 24.32% shares directly in Zimre Holdings Limited (Zimre), a…

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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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Amendments to imports law gazetted

Fidelis Munyoro Chief Court Reporter Government has gazetted amendments to Statutory Instrument (SI) 122 of 2017 to pave way for companies and individuals with offshore and free funds to import specified basic commodities. Most basic commodities disappeared from shelves owing to speculative conduct by retailers and panic-buying by consumers. In a statement last night, Industry and Commerce Minister Nqobizitha Ndhlovu announced the proclamation of Statutory Instrument 237A of 2018, amending SI 122 of 2017 that substituted SI 64 introduced in 2016, Control of Goods (Open General Import Licence). “The Ministry…

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The views on the economy of Zimbabwe

Do you think that Hon Biti's threat that the revenue proposals put forward by the Min of Finance will be blocked in parliament is real?"So all revenue measures announced by the new mess is null and void until approved by parliament. We will be waiting in Parliament. Trust me!!!" — Mutumwa (@mmawere) October 3, 2018 The reality is that scarcity can only be cured by a mkt system&not any administrative fiat. The mkt system works on the principle of value. No object without value can be exchanged in a mkt…

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