In 2004, the Reserve Bank of Zimbabwe (RBZ) advanced a loan to Intermarket Holdings Limited (IHL), then a wholly owned subsidiary of the appellant. The loan was converted to equity in 2006. The RBZ thus became a 50.98 per cent shareholder in IHL. Soon thereafter, the RBZ divested its stake to the respondent without according appellant the pre-emptive rights embodied in IHL’s articles of association. The respondent thereafter assessed the appellant’s remaining stake in IHL to be equivalent to 6.21 percent of the respondent’s own issued share capital. In March 2007, the respondent offered the appellant a 6.21 percent shareholding... More
This is an opposed application for condonation and extension of time within which to apply for leave to appeal and for leave to appeal made in terms of s 92F (3) of the Labour Act [Chapter 28:01] as read with r 43 (3) and 60 (2) of the Supreme Court Rules 2018. More
MAKONI JA: This is an appeal against the whole judgment of the High Court, handed down on 24 January 2018, wherein it dismissed the appellants’ claim.
BACKGROUND FACTS
The first appellant is a private voluntary Trust established in terms of the laws of Zimbabwe. The second appellant is Mukonotronics (Private) Limited a corporate body registered in terms of the laws of Zimbabwe. The respondent is Karpeg Investments (Private) Limited a Zimbabwean corporate body trading under the name Kadir and Sons. More
This is an appeal against the judgment of the High Court, dismissing the appellant’s appeal against his conviction and sentence by the magistrates court. More
This is an appeal against the whole judgment of the Labour Court handed down on 21 June 2019 in which it partially confirmed a draft ruling of a Labour Officer. The Labour Court remitted the matter to the Labour Officer for a determination of the issue of reinstatement, alternatively damages in lieu thereof and their quantification. More
