FIRM IN TROUBLE OVER US$150K PAYMENT TO CHINA

A top
procurement and logistics firm, Mapho Tradelink Procurement and Logistics
Private Limited has been dragged to court accused of violating the exchange
control act by making payments over US$150 000 outside Zimbabwe with
authorisation from the Cent…

A top procurement and logistics firm, Mapho Tradelink Procurement and Logistics Private Limited has been dragged to court accused of violating the exchange control act by making payments over US$150 000 outside Zimbabwe with authorisation from the Central Bank. The firm was represented by Petronella Matare who appeared together with the company’s director Angela Nyaradzo Mahachi. Allegations