This is an application for an order declaring the respondent’s alleged position that Zimbabwe dollar input tax cannot be offset against United States dollar denominated output tax at the prevailing interbank rate in computing value added tax in terms of s 15 and s 28, as read together with s 38(4) of the Value Added Tax Act [Chapter 23:12] to be unlawful and for the respondent to be ordered to re-assess the applicant’s value added tax obligations “for the relevant periods” in accordance with s 15, 28 and 38(4) “as declared herein”. The substance of the relief being sought by... More
This is a court application for revival of a court order in Case number HC 8256/16. The court order was granted on 28 December 2016 in favour of the Applicant against both first and second Respondents as surety and guarantor respectively, wherein the respondents were ordered to pay a sum of US$ 773 904.52 plus interest on the said capital sum of US$651 332.00 at the agreed rate of 7% per annum. Both respondents made arrangements to settle the debt owed to the Applicant through a Non-Resident Transitional Account held by CBZ Bank Limited for onward transmission to Applicant’s foreign... More
1. The applicant seeks an order for confirmation of a provisional order granted on the following terms;
“TERMS OF THE FINAL ORDER SOUGHT
That you show cause why a final order should not be made in the following terms
1. The 1st respondent’s Notice headed “licensing of Petroleum Sector Operators in 2020” date stamped 9 March 20202 be and is hereby declared null and void.
2. The 1st respondent’s board be and is hereby declared improperly constituted and thereby null and void.
3. 1st respondent shall pay the costs of suit.” More
Shumba owned a residential of property in South Africa. It was under mortgage. He failed to service his mortgage bond. The bank foreclosed on the mortgage bond. He was desperate to avoid the sale of his property by auction. He approached Jayesh Shah for a loan in order to save his property from imminent auction. They concluded an agreement in South Africa in terms of which Jayesh Shah remitted money to Shumba’s legal practitioners in South Africa. The property was not auctioned on the due date. Instead the legal practitioners passed a mortgage bond over the property in favour of... More
The dispute between the parties is concerned with a share certificate in the name of Gilbert Muponda of ENG. On 18th February 2004 this Honourable Court granted an order in favour of the applicant as against the said Muponda, one Nyasha Watyoka and ENG Asset Management (Pvt) Ltd. In terms of the order aforesaid Watyoka and Muponda were held personally liable for all debts and liabilities due by the asset management company to the applicant. This court also ordered that the personal properties of the two be sold in execution for the due payment of the amount of $499 782... More
