LATEST: Diamond Centre ordered to pay $4,3 million

Daniel Nemukuyu Senior Court Reporter
The High Court has ordered the Zimbabwe Diamond Technology Centre (Pvt) Ltd (ZDTC) to pay $4,3 million plus interest to seven construction firms that were involved in the construction of the giant diamond cutting and polishing structure in Mt Hampden.

The seven companies—Kenmark Builders, Studio Arts Incorporated, NMC Consulting Engineers, Craft View Consultants, Vanguard Engineering Services, Ncube Burrow, Astra Steel and Engineering and—sued ZDTC for varying amounts according to the services they provided.

Failure or refusal by ZDTC to pay for the services prompted the group of engineering firms to jointly file a combined $4,5 million law suit at the High Court in 2011.

Justice Mary Dube heard the arguments by all the parties involved and ruled in favour of the group of construction companies.

Details to follow…

facebookShare on Facebook
TwitterPost on X
FollowFollow us
PinterestSave

Related Posts

DeliverED! . . . Zim lands UN Security Council seat . . . President hails diplomatic milestone
DeliverED! . . . Zim lands UN Security Council seat . . . President hails diplomatic milestone

Innocent Madonko and Zvamaida Murwira-Herald Reporters PRESIDENT Mnangagwa has described as a “significant diplomatic milestone”, Zimbabwe’s huge victory which secured the country a non-permanent seat on the United Nations Security…

Continue reading
CAB3 gets overwhelming public support
CAB3 gets overwhelming public support

Nyore Madzianike-Senior Reporter THE Constitutional Amendment No.3 Bill has received overwhelming support with more than 530 000 written submissions to Parliament in its favour, while 2 935 were against it,…

Continue reading

Leave a Reply

Your email address will not be published.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

×
×