Kereke woes mount

HARARE - Embattled businessman Munyaradzi Kereke’s woes continue to mount as he has been barred from interfering with operations at his Rock Medical Centre (RMC) after a nasty fallout with judicial manager Budhama Chikamhi.

This not only comes as the ex-Zanu PF legislator’s attempts to illegally evict the BCA Consultancy Service (BCA) founder have hit a brick wall, but clear indications that the disgraced politician had also shamelessly tried to use Vice President Emmerson Mnangagwa’s name in his desperate bid to wrestle back Fairdrop Trading (Fairdrop).

“The 1st (Kereke) respondent, 3rd (Falcon Security Services) and 4th (Francis Hale) respondent restore full possession, occupation and control of the business premises of Fairdrop… to Chikamhi forthwith and that all security guards stationed at the business premises… be withdrawn forthwith,” High Court judge Lavender Makoni said in a recent ruling.

“The… respondent(s) be… hereby interdicted from interfering in any unlawful manner… with the judicial management of… BCA Consultancy Service..,” she said, adding the former Reserve Bank of Zimbabwe senior staffer must bear the costs of the suit in his personal capacity.

According to the court documents, Kereke not only tried to push out the state-appointed caretaker manager through surreptitious means, but had also sought to besmirch Chikamhi with a litany of allegations that he had misappropriated nearly $500 000, irregularly leased out RMC to John Mangwiro and failed to pay workers, and statutory bodies.

While the beleaguered businessman had sought to employ these “shock and awe” tactics to eject the judicial manager in a multi-pronged strategy beginning June 20, the BCA founder and principal says his efforts to revive the hospital were being hampered by Fairdrop’s insolvency, which had scared away about two potential investors.

“…from the inception of that joint venture the 2nd applicant’s financial outlook has improved as the hospital is now consistently operating at not less than 60 percent occupancy level. I also entered into a joint venture with Dr Mangwiro to run the applicant’s trauma unit,” Chikamhi said in his founding affidavit, adding he was even due to sign a memorandum of agreement with another doctor to run RMC’s laboratory wing or section.

“A review performed so far revealed that there is a material gap between the assets and borrowings from the banks… and pointing at a possibility that a couple of millions of dollars drawn as borrowings may not have been channelled into… the 2nd applicant (Fairdrop). This warrants a full scale forensic audit, which we are in the process of undertaking (and which)… motivated the 1st respondent (Kereke) to write his mischievous letter purporting to dismiss me..,” he said.

And in his aggressive bid to take back the hospital, it has emerged that the ex-Bikita West member of parliament had even roped Afritrade (Private) Limited (Afritrade)’s co-partners Admore Buta and Kenny Ngirazi to pose as potential investors in the stricken medical institution.

In that scam, Kereke even brought Hale – a supposed white male and investor from Belarus – into the picture, and under the guise that he was also representing Mnangagwa’s interests as well as claims that he was part of the Afritrade consortium.

When the machinations were exposed after Chikamhi had also confronted the VP, the convicted rapist changed tack or approach and said the purported investor was a mere security man in the Midlands godfather’s team.

But this wasn’t before Kereke had tried to pressure the BCA founder to sign a five-year leasing arrangement between Fairdrop and Afritrade – under an agreement, which was reportedly going to yield $20 000 per month or five percent of turnover.

However, Chikamhi refused to approve the deal on the grounds that it was prejudicial to creditors and he did not have Buta, and Ngirazi’s bonafides.

Apart from drafting a purported resignation letter for the judicial manager and investment agreement, the troubled politician also claimed to have “hired” a new management company called Jackandfieldsand (Private) Limited, as part of his irregular schemes to wrench back the business.

Hale, meanwhile, had the temerity to collect some petty cash from RMC despite claiming to have brought in some investors for the business.

Nonetheless, the entire plot fell flat on its face or collapsed after Makoni slammed the bullying and dramatic antics.

Comments (1)

Article Story Regarding AfriTrade Hello Daily News Live Team & Editor, I would like to know if you could please remove article "Kereke Woes Mount" story piece posted Aug. 23, 2016 ( ) as it conflicts with startup and its operating brand, AfriTrade. We Surely appreciate it because it was indexed on google news section under "AfriTrade" when typed in and searched. We have ZERO AFFILIATION with the story whatsoever. We're also based in Los Angeles, California. Thank you! Respectfully, Rhoda, Communications at

Rhoda Harrish - 19 March 2018

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