PPADB appeals ruling in property lease tender row
Friday, January 27, 2017
Both the Ministry and PPADB jointly approached the Court of Appeal seeking an order to overturn the High Court’s judgement and an order in which Varsha had been approved as the preferred bidder.
Varsha Enterprises is a company owned by property mogul Sayed Jamali and Zambezi Motors is an estate company, owned by businessman Ishmael Nshakazhogwe.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...