×
NewsDay

AMH is an independent media house free from political ties or outside influence. We have four newspapers: The Zimbabwe Independent, a business weekly published every Friday, The Standard, a weekly published every Sunday, and Southern and NewsDay, our daily newspapers. Each has an online edition.

Border Timbers in debt trouble

News
Border Timbers has been taken to the High Court over a $24 000 debt owed to a transport and logistics company.

Border Timbers has been taken to the High Court over a $24 000 debt owed to a transport and logistics company.

BY BLESSED MHLANGA

The listed company allegedly owes UTI Africa Services $24 000 after the latter transported timber to Zambia and Mozambique for the defendant in 2014.

In case 12339/15 filed at the Harare High Court in December, UTI Africa Services submitted that it was hired by Border Timbers on eight occasions to deliver timber products to the two countries at a cost of $1 000 to $3 600 per load depending on destination.

zimhighcourt

“Between September and October 2014, defendant (Border Timbers) enlisted transportation services of UTI Africa Services for their timber from Mutare to their intended destinations being Ndola, Zambia, and Chimoio, Mozambique. For the aforesaid services, Border Timbers agreed to pay the amounts between $1 000 and $3 600 to UTI Africa Services depending on where its loads of timber were to be delivered,” read part of the summons commencing action.

UTI Africa Services submitted that the forestry concern has failed or refused to pay the debt for over a year of demand and therefore they were left with no option, but to approach the courts for relief. Through their lawyers Gill Godlonton and Gerrans, UTI Africa Services want Border Timbers to be compelled to pay the debt plus 5% interest and costs of suit.