HomeLocal NewsZimra closes Mohadi firm

Zimra closes Mohadi firm


The Zimbabwe Revenue Authority (Zimra) last Thursday cancelled the operating licence of a Beitbridge-based car clearing firm, under Nerry Investments, whose ownership is being contested by Home Affairs co-minister Kembo Mohadi and Reginald MacGillway Dawson.

Nerry Investments, which operates the business on land owned by Dawson’s other company, Red Queen Trading Private Limited, has been placed under provisional liquidation.

The cancellation of the company’s licence followed an application for its liquidation by Dawson and his wife Susan early this month, citing intimidation and harassment by Mohadi.

After the application was granted by High Court judge Justice Martin Makonese, the company continued operating, allegedly at the behest of Mohadi, thereby prompting Zimra to intervene and cancel its licence.

According to court records, Mohadi had 10% shares while the late Thenjiwe Lesabe had 10%, John Josias Moyo 20%, Dawson 20%, Susan Dawson 20% and Red Queen Trading (Pvt) Ltd 20%.

The court heard the shareholding structure was later changed after Mohadi allegedly stormed Dawson’s house with armed guards demanding more shares.

The matter is still pending at the High Court.
On Friday, the Dawson couple also lodged another High Court application for the voluntary liquidation of Spoornet Investments — a truck inn facility — citing intimidation by Mohadi. Spoornet is wholly owned by the couple.

The order for the provisional liquidation of Nerry Investments was granted on July 5 this year.

Justice Makonese appointed Barbara Lunga of Impact Trust and Executors Private Limited as provisional liquidator.

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