Late Ginimbi s Botswana Wealth At Stake - NewZimbabwe com newzimbabwe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newzimbabwe.com Daily Mail and Mail on Sunday newspapers.
Last updated on January 21st, 2021 at 03:09 pm
Share
Chaos Over Control Rights Of Ginimbi’s Botswana Empire
The late Genius “Ginimbi” Kadungure’s Botswana oil and gas empire is reportedly in limbo after the Botswana Energy Regulatory Authority (BERA) ordered the closure of his Quick Gases (Pty) Ltd.
According to Botswana’s Mmegi, the action by the authority is a result of a wrangle over control of Ginimbi’s assets that has since spilled into the Courts.
BERA spokesman, Tshepang Monare, said they had many reports of people failing to refill their gas cylinders belonging to Quick Gases. He said they had established that the chaos was a result of the ongoing court case.
Ginious Ginimbi Kadungure
The late socialite and businessman Genius “Ginimbi” Kadungure’s Botswana empire is crumbling after the neighbouring country’s Energy Regulatory Authority (BERA) ordered the closure of his Quick Gases (Pty) Ltd trading as Liquefied Petroleum Gas.
According to Botswana’s leading daily, Mmegi, the action by the authority is a result of a wrangle over control of Ginimbi’s assets that has since spilled into the courts.
A fierce fight is raging between the Kadungure family appointed executor, Ms Patricia Darangwa and Mr Leo Chiweshe, whom Ginimbi had appointed to manage the Botswana operations through power of attorney.