Video update: Journalists walkout on Steward Bank presser

Steward Bank's legal head, Tawanda Nyambirai, trying to make a point. Pics by Justin Mutenda
Steward Bank’s legal head, Tawanda Nyambirai (in black suit), trying to make a point. Pics by Justin Mutenda

Felex Share Senior Reporter
A planned media briefing by Econet Wireless’s banking unit, Steward Bank, failed to take place today after journalists demanded an apology from the mobile phone operator for its raid Thursday on business news agency, The Source.

Play video below:

Former Econet chairman, Mr Tawanda Nyambirai, who was introduced as the legal head of the bank refused to apologise before journalists mobbed him and started singing.

The journalists, led by Zimbabwe Union of Journalist secretary general Foster Dongozi refused to entertain Mr Nyambirai saying Econet’s behaviour to gag the media was unacceptable. The journalists then walked out of the press conference room after a heated argument with Mr Nyambirai.

Journalist display posters
Journalist display posters

Econet invaded The Source newsroom in a bid to retrieve information belonging to the mobile phone operator. This was after the online publication published two articles about Econet and Steward Bank.

One of the articles titled “Debt-distressed Zimbabwe moves to reschedule domestic debt claimed that Government had borrowed $30 million from Econet, disbursed through Steward Bank, in a deal brokered by Mr Nyambirai.

Tawanda Nyambirai (L) is confronted by angry journalists.
Tawanda Nyambirai (L) is confronted by angry journalists.

The article claimed Mr Nyambira pocketed a substantial facilitation fee for brokering the deal, for which the Reserve Bank of Zimbabwe acted as the guarantor.
More to follow…

Related Posts

Zim pledges US$1m to fight Ebola . . . Govt activates full emergency response

Gibson Nyikadzino-Zimpapers Reporter Zimbabwe has pledged US$1 million to the Africa Centres for Disease Control and Prevention to help fight and contain the spread of the Ebola virus across the…

New law to restrict US$4,5bn imports

Oliver Kazunga-Senior Reporter THE Government intends to restrict the importation of US$$4,5 billion worth of goods that can ordinarily be produced in Zimbabwe, under a proposed new law aimed at…

Leave a Reply

Your email address will not be published. Required fields are marked *

×
×