Masiyiwa business deals questioned

Auditing firm Deloitte appeared to have inflated the total ballots cast at an extraordinary meeting of mobile phone operator Econet in March 2009 to boost the vote in favour of a resolution to enter into a US$93.9 million sale agreement with Econet Wireless Global, a Strive Masiyiwa investment vehicle, according to a diplomatic cable released by Wikileaks.

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OMIR dominated as ZSE ran amok

The signing of the Global Political Agreement, which was supposed to usher a new government with Robert Mugabe, Morgan Tsvangirai as Prime Minister and Arthur Mutambara as deputy Prime Minister, did not stop the negative sentiment in the market with the Zimbabwe Stock Exchange and fixed properties becoming the only reasonable hedges against exploding inflation.

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