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Mugabe hits hard times

by Staff reporter
01 Jun 2018 at 08:43hrs | Views
LOCAL seed company, Seed Potato Co-op (Pvt) Ltd, has taken former President Robert Mugabe's family business, Gushungo Holdings (Pvt) Ltd, to court seeking to recover over $174 000 it was owed for potato seed supplied on credit in 2015.

In summons filed at the High Court, the seed company accused Gushungo Holdings of failing to abide by the terms of their verbal payment plan made in July 2015 following delivery of the seed.

"In July 2015, the parties (Seed Potato and Gushungo Holdings) entered into a verbal agreement in terms of which plaintiff (Seed Potato) was to supply to defendant (Gushungo Holdings), stock of potato seed on credit at a unit cost of $30 per pocket," the firm said in its declaration.

"Between July 21, 2015 and September 24, 2015, plaintiff duly supplied via 11 deliveries to defendant's various farms, a total of 12 761 pockets of potato seed worth a total value of $382 830…."

Seed Potato said among the farms that received the seed were Mwenewazvo, Gushungo Dairy, Highfield, Vusumuzi, Kaseplan and Iron Mask.

"Accordingly, defendant currently owes the balance in the sum of $174 193, exclusive of interest. Despite several demands, defendant has neglected, failed and/or refused to pay plaintiff the sum of its indebtedness," it said.

Mugabe's firm has not yet entered an appearance to defend, but had been given 10 days within which to respond to the litigation.


Source - newsday
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