This matter was placed before me on my opposed roll of matters.
The facts are these. In 2014, the first respondent which is the Zimbabwe Board Examinations Council made a series of investments by way of fixed-deposits with the applicant bank. They were as follows:-
a) US$5000,000-00, on the 19th May 2014 maturing on the 18th June 2014 with a maturity value of US$505,416-67;
b) US$500,000-00 on the 22nd May 2014 maturing on the 23rd June 2014 with a maturity value of US$505,777-78; and
c) US$500,000-00 on the 27th May 2014 maturing on the 26th June 2014 with a maturity... More
This matter came before me as an urgent application. With the consent of the parties and at the request of the parties that I issue a final order in the matter, I gave directions for further affidavits and heads of argument to be filed by the parties and thereafter heard the matter. More
On 23 January 2012, the applicant issued summons against the respondent (first defendant in the main action) and Messrs Manase and Manase Legal Practitioners as the second defendant. The action was for:-
“(a) payment of USD 9 643-20 due and owing to the plaintiff
(b) Interest on the said amount at the prescribed rate calculated from
the 21st of September 2011 to the date of full and final payment both dates inclusive.
(c) Costs of suit”. More
On 6 November, 2000 the first respondent, Tecla Mvembe (“Tecla”) sold to Max Management (Private) Limited (“Max”) a certain piece of land called 60 A Newwalk, Woodlands Road of Hilton of Subdivision A of Waterfalls (“the property”). The property is situated in the District of Salisbury. It is 25, 0532 hectares in extent. More
This is an application for rescission of two judgments entered against the applicant in case No. HC 6759/2000 and case No HC 6442/00 both granted on 6 February 2002 in favour of the 1st and 2nd respondents respectively. The matters had been consolidated into one by an order of the court granted on 16 January 2001 More
