Tawanda Nyambirai
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TN Reopens ‘cattle bank’ with RTGS$25m
TN Livestock Trust (TNLT), a subsidiary of Lifestyle Holdings, has re-opened its “cattle bank” where farmers can deposit their cattle for a number of years and are able to earn interest and borrow funds from a selected bank at “low” interest rates. The firm is owned by lawyer, Tawanda Nyambirai. The cattle bank, a 540-hectare…
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Econet Emerges Victorious Against Zimra’s $100m Tax Evasion Case
Yesterday the Supreme Court dismissed claims by the Zimbabwe Revenue Authority (Zimra) that it was owed $100 million by Econet Wireless through tax evasions. The curtain closed on a near 10-year battle between Zimra and Econet, wherein the tax authority claimed that the latter owed millions of dollars in unpaid taxes. A panel of judges,…