Posted by someone on TG19 Oct 2024 18:12
Https://www.newsday.co.zw/theindependent/amp/business-digest/article/200033453/zim-vast-resources-smoke-peace-pipe
This bit is quite telling and makes me think a breakthrough on the matter is pretty close, as this is the last thing the Zim govt will want especially in terms of attracting foreign investment, could be quite embarrassing for them if that signature doesnt materialise and soon .....
"Mlotshwa said Vast was considering pursuing a damages claim in Zimbabwean or international courts.
“Given the refusal by the RBZ to obey an order of the High Court in circumstances where all parties agreed that there are no longer any appeals pending before the Supreme Court ... our client, a public listed company (may) pursue a more visible and aggressive approach in enforcing its rights whether at High Court or Supreme Court level,” he said.
Mlotshwa said Vast had instructed them that unless there were serious attempts to settle the matter, they would have no option but to take action against the government.
He said Vast could be forced to inform the investing public, as it is obliged to by LSE listing rules and regulations, that even though it is in possession of a High Court order, the RBZ was refusing to obey it."
“(Vast will) institute the necessary contempt of court processes against those persons in wilful contempt of the High Court order, take all such steps as shall be necessary to reinstate its appeal against Justice Hungwe’s rescission judgment in the Supreme Court, pursue such other legal action as shall be necessary for international tribunals as ancillary or in consequence of the foregoing,” Mlotshwa said.
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