Former Africa Sun boss Munyeza loses US$85 000 debt row @ the High Court
Harare- PINT sized businessman Shingi Munyeza and wife Wilma have lost a US$85 000 debt wrangle pitting the power couple against firebrand former Seedco communications boss Merjury Mutemererwa,Express Mail Zim can report.
The former Africa Sun boss and cleric allegedly connived with his wife to willfully neglect repayment of a US$85 000 loan extended by Mutemerwa, who revealed on court record that she sacrificed part of her severance package and duly made a payment of US$ 85 000 to the couple in an agreement that was in black and white.
After futile negotiations for repayment, she had to take the legal route after the couple failed to settle without submitting plausible reasons or request of ‘grace period’ or repayment plan.
The matter was reported to the cops on March 3 2023 and Mutemererwa did not mince her words with any iota of an
inch to express her dismay.
She lamented over the couple’s lack of empathy after she lost her sole son in a freak accident.
” Shingi and Wilma Munyeza are aware that I am grieving my only son.
“Their wickedness and unkindness are painful.They conned me,” said Mutemererwa.
She further stated under oath that the couple ought to be exposed so that other people are not duped.
“People who have been duped by these two were quite,only now others are telling me about their experiences,” she said insinuating that the couple abuse their social standing and influence to prey on unsuspecting individuals especially those from church.
Munyeza,Merjuriemutemererwa,Highcourt
When handing down judgement, Harare High Court judge, David Mangota ordered the Munyezas to pay back the money with interest.
“Defendants be and hereby ordered jointly and severally and in solidum the one paying the other to be absolved to pay US$100,000 being a refund of money lent and advanced to the defendants,” reads part of the judgment.
“The defendants be and are hereby ordered to pay interest on the sum in (b) above calculated at the prescribed rate from 1st of February 2023 to date of payment in full.”
Munyeza is a clergyman with a decorated track record in business and hospitality that saw him at one time owning an upmarket bar and eatery when he left African Sun.
Besides been an astute businessman in his own right, he is also a beneficiary of second generation wealth after his father Fredrick became one of the pioneering wealthy black businessman before independence , owning the biggest swimming pool construction company which diversified into tiles manufacturing.
He is known for his candid and frank talk which has seen him clashing with politician Mayor Wadyajena over ‘noise pollution ‘ in their plush gated community in Borrowdale Brook- one of Harare ‘s number 1 address.
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