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Jaggers assets auctioned


Ruby Auctions on Thursday sealed Jaggers Wholesalers’ fate when it put the group’s furniture and other assets under the hammer to recover $443 795 owed to Delta Beverages.

NewsDay witnessed the auction at Jaggers’ Msasa branch where several bidders jostled to grab assets.

Delta successfully sued Jaggers Wholesalers (first respondent) and Jaggers Trador (second respondent) and obtained an order to attach the company’s assets at the Jaggers Msasa branch in a case heard by Justice Lavender Makoni in October last year.

The wholesaler has closed all its branches countrywide.

Justice Makoni ordered “First and Second defendants pay to plaintiff the amount of $443 795 plus interest at the rate of 16% per annum from September 1 2010 to a date of payment in full. First and second defendants to pay plaintiff cost of suit on a legal practitioner and client scale.”

Ruby Auctions last week advertised the auction after obtaining an order from the deputy sheriff in Harare to dispose of the assets.

The assets sold include fridges, freezers, ironing boards, television stands, rocking chairs, computer stands, beds, mattresses, coffee table sets, forklifts and trolleys, among other goods.

Meanwhile, scores of Jaggers employees assembled at Zanu PF headquarters in Harare and later at Alpha House demanding to be addressed by Cecil Muderede, who took over the company from South Africa’s Metcash as a going concern in April 2010.

Workers blame Jaggers consequent collapse on flawed implementation of the indigenisation policy.

Jaggers Wholesalers and Jaggers Trador employed at least 1 000 workers who have so far gone for more than five months without pay.

A representative of the workers on Thursday said the fate of the employees is still unknown as there has hardly been official communication or notification.

“We are not certain of our future, because we have not received salaries in the past five months and part of June salaries,” said the workers’ representative.

“We were told by Cecil Muderede last year in November that he would sort out his things out in 65 days up until January 11, 2011 and he would give us our salaries as he was going to receive money from Singapore.

“Our children are not going to school and it’s difficult for us to pay rentals. One of our fellow workers spent two weeks with his property outside because of unpaid rentals.”

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