Plea to Chiyangwa

it entered with Pinnacle Holdings, one of Dr Chiyangwa’s construction companies.

Pinnacle had purchased 200 hectares of land at US$658 000 in 2009.
He paid US$375 000 as deposit. Redcliff Town Council later withdrew the deal after realising that the piece of land which the cash-strapped municipality gave away to Pinnacle while on the verge of bankruptcy had been sold for a song.

After reversing the deal in 2010, Redcliff Town Council immediately engaged its lawyers as it sought the way forward.
The council then said that it wanted the matter resolved amicably with Dr Chiyangwa who had bailed the municipality at its hour of need.

Dr Chiyangwa also responded through a court application. Redcliff mayor, Councillor Joseph Matewa, confirmed that the municipality was negotiating for an out of court settlement.
“We have proposed an out of court settlement with Dr Chiyangwa. However, we are still waiting for his response,” he said.

Clr Matewa said they were advised by the Local Government, Rural and Urban Development ministry to compensate Dr Chiyangwa. Dr Chiyangwa confirmed that negotiations between him and the MDC-T run Redcliff municipality were progressing well. Dr Chiyangwa said the matter was likely to be settled out of court if both parties reached a compromise.