MAKAMBA FAILS TO REPAY $2,7M : EMPIRE CRUMBLES

PROMINENT businessman Mr James Makamba’s empire seems to be
crumbling after the High Court placed his Kestrel Corporation under provisional
judicial management as Mr George Manyere fights to recover his US$2,7 million.

Mr Manyere through his firm …

PROMINENT businessman Mr James Makamba’s empire seems to be crumbling after the High Court placed his Kestrel Corporation under provisional judicial management as Mr George Manyere fights to recover his US$2,7 million. Mr Manyere through his firm Ecsponent Zimbabwe, entered into an agreement with Mr Makamba’s Kestrel Corporation over sale of Telecel shares. However, the transaction did not