Corruption Watch: Mbudzi interchange just another eating project

Things are now making better sense following yet another revelation that government borrowed US$88 million from a private company to finance the Mbudzi project.
By Tawanda Majoni Feb. 12, 2023

US$88m govt deal raises stink

Ncube announced in a Government Gazette that government had signed a US$88 million loan deal with Obey Chimuka’s Fossil Mines (Pvt) Ltd to find the project at an interest rate of 5% per annum.
By Kenneth Nyangani Feb. 10, 2023

Fossil seals Lafarge takeover

On Thursday, Fossil settled the purchase price of Lafarge Cement, placing the giant cement producer in the hands of local entrepreneurs.
By Staff Reporter Dec. 2, 2022

Lafarge account garnished over debt

Documents show the account was garnished following a ruling against the cement manufacturer by High Court.
By Staff Reporter Oct. 31, 2022