Articles tagged 'frank buyanga'

Top businessman backs parastatal reform drive 3 December 2018 HARARE - Zimbabwean serial entrepreneur Frank Buyanga is backing government's drive to seek global investors to engage in the privatisation of struggling State-owned companies as part of wide-ranging reforms set in motion by President Emmerson Mnangagwa since he came to power. Buyanga has sinc...
'Buyanga legally owns contested house' 11 October 2018 HARARE - A registrar from the Deeds Office yesterday testified in court that businessman Frank Buyanga who has been at the centre of an alleged fraudulent house sale was in fact the legal property owner. According to Ellen Runyararo Mawire, title deeds held at her office in respect of the prop...
Buyanga's AMG expands into Africa 9 October 2018 HARARE - The African Medallion Group (AMG) has spread its tentacles by establishing representative offices in Dubai, Lesotho, Mauritius, Namibia and Zambia, as it seeks to position itself as a truly global business. This also comes as company founder Frank Buyanga has challenged the Zimbabwean...
Let's enhance beneficiation: Buyanga 4 October 2018 HARARE - Beneficiation is the only way Zimbabwe can create significant employment and possibly structure more meaningful asset-backed deals to finance its economic revival projects, businessman Frank Buyanga says. This also comes as the South African-based entrepreneur has rallied African yout...
New twist to Buyanga property fraud case 21 September 2018 HARARE - A Harare man who reportedly lost his house to business tycoon Frank Buyanga has claimed a firm that bought his foreclosed property was actually the businessman's shelf company, a magistrates' court heard yesterday. Stephen Nyoka made the claim as he was testifying in a case in which B...
'How Buyanga sold my house' 11 September 2018 HARARE - A Harare man yesterday narrated how businessman Frank Buyanga allegedly fraudulently processed change of ownership of his house before selling it behind his back, a court heard. Buyanga had advanced a $19 000 loan to Steven Nyoka and recommended title deeds of the man's Mabelreign hou...
Fraud case involving Buyanga property continues today 3 September 2018 HARARE - The  case in which businessman Frank Buyanga has been sucked into a dispute involving a property he once owned continues today. Buyanga is, however, not the one being charged for the fraud but a property manager, Bishop Jeche,45, and his company — East Rivet Investments (Private) Limi...
Buyanga embroiled in house scam 28 August 2018 HARARE - Businessman Frank Buyanga has been embroiled in a $130 000 scam in which he allegedly sold a Harare man's house after being given title deeds as loan surety. However, Buyanga is not the one being charged for the fraud but a property manager, Bishop Jeche, 45, and his company for alleg...
Buyanga's AMG buys Pagliari for R100 million 21 June 2018 HARARE - Businessman  Frank Buyanga's African Medallion Group (AMG) has just closed a Rand 100 million acquisition of Pagliari Group (Pagliari), a former subsidiary of Rand Refinery (RF) and supplier of high-quality gold products. The development also comes as the South African-based company h...
'How sneaky G40's final push, power-grab plan collapsed' 23 February 2018 HARARE - ZANU PF'S deposed generation 40 (G40) faction was “within touching distance” of snatching the party's presidency amid revelations that its vile plan included the capture of several strategic institutions, including public media, just days before the ex-liberation movement's December 15 e...
Buyanga offers Rand 1 billion for Zimbabwe's sovereign wealth fund 30 January 2018 HARARE - The African Medallion Group (AMG) says it has mobilised Rand 1 billion worth of gold assets, which can be leveraged to jump-start Zimbabwe's sovereign wealth fund (SWF). This also comes as the Johannesburg-based yellow metal processor's founder Frank Buyanga has reiterated his call fo...
Buyanga heads Mandela family business 21 August 2017 HARARE - Controversial businessman, Frank Buyanga has been appointed chief executive of South African joint venture firm, House of Mandela and Pan African Medallion group. The company, which counts Nelson Mandela's daughter Makiziwe as one of its directors, this week launched gold-backed $10 P...
Buyanga's vehicles attached over debt 5 August 2017 HARARE - Flamboyant businessman Frank Buyanga is set to lose four vehicles over a long-standing debt to former employees who approached the High Court which ruled in their favour to pave way for the auctioning of the cars today in Waterfalls. The Sherriff of the High Court has instructed the s...
AMG coins gain value 5 June 2017 HARARE - The African Medallion Group (AMG)'s special coins to commemorate the African Union (AU)'s 54th anniversary have risen by 1 400 percent in value — barely two weeks after they were launched. This also comes as the Frank Buyanga-led outfit has launched at least two batches of these uniqu...
AMG to launch more gold medalions 19 May 2017 HARARE - The African Medallion Group (AMG) is next week expected to launch another batch of its gold medallions to commemorate the African Union (AU)'s 54th anniversary, officials say. This also comes as debate over the use of these bullion coins as a future currency and the need for greater b...
Delta 'snared' in Buyanga disputes 26 April 2017 HARARE - DeltaTA Beverages (Delta) has been caught up in businessman Frank Buyanga’s property wrangles after retail trader Lawrence Muteswa registered two bonds — as surety for his obligations with the drinks maker — on a Borrowdale property previously sold to Hamilton Property Holdings (Hamilton...
Know your rights — Buyanga 7 January 2017 HARARE - Zimbabweans in the Diaspora, especially those in South Africa (SA), must acquaint themselves with the country’s constitution, in order to avoid unnecessary harassment and an inferiority complex, businessman Frank Buyanga has said. This also comes as tens of thousands of locals have su...
Top lawyer disbarred over fraud 22 November 2016 HARARE - The Law Society of Zimbabwe (LSZ) has suspended top Harare lawyer Tamuka Moyo for allegedly misappropriating hundreds of thousands of dollars belonging to a client. While the LSZ president Vimbai Nyemba has confirmed the development, the prominent attorney’s suspension comes barely fo...
Enforce anti-graft measures: Buyanga 27 October 2016 HARARE - Controversial businessman Frank Buyanga has renewed his calls for an economic surveillance and monitoring unit under the President's Office to instil confidence, and a sense of discipline among Zimbabwe's parastatals, as the country hankers for the much-needed recovery. This also come...
Court master hunts Buyanga 12 October 2016 HARARE - Zimbabwean High Court master has reportedly tabled a $75 000 bill – in statutory fees – for the judicial management process of businessman Frank Buyanga's Hamilton Property Holdings (Hamilton), it has emerged. While the South African-based entrepreneur has told the Daily News that he ...
Buyanga still in the Lafarge mix? 7 October 2016 HARARE - Flamboyant businessman Frank Buyanga is pressing ahead with his interest for a 40 percent stake in Lafarge Cement Zimbabwe (Lafarge) amid indications that the local company’s major shareholder had requested further information from the potential suitor. This also comes as the Hamilton...
Buyanga takes on Harare lawyer, three others in property dispute 3 July 2016 HARARE - Businessman Frank Buyanga has taken his fight to reverse the seizure of several assets under Hamilton Property Holdings (Hamilton) and Rivin Venam Trading (Rivin) to another level by filing fraud charges against a Harare lawyer, and three others, who have been battling to recover money a...
Buyanga thumbs his nose at SA authorities 28 June 2015 HARARE - Zimbabwean businessman Frank Buyanga has “thumbed” his nose at South African authorities, including the South African Revenue Services (SARS) and the police, after wresting control of his R4 million Rolls Royce Ghost and registering it in Zimbabwe. This comes after a protracted four-y...
Buyanga, Boka win share wrangle 19 May 2015 Businessman Frank Buyanga's Zimcor Trustees Limited and Boka Investments (Private) Limited have won in a property and share wrangle that had seen them being dragged to court by a UK-based tycoon. The two companies and Matthew Boka had filed an appeal with the Supreme Court, challenging a High...
South Africa taxman, police biased: Buyanga lawyers 18 March 2015 HARARE - Zimbabwean businessman Frank Buyanga is continuing with his battle to regain his R4 million Rolls Royce, as lawyers have accused the South African Revenue Services (Sars) of “bias, bad faith and wrongfully impounding” the car. As the four-year saga rages on, the Auto Haus Car Hire and...