Government Defends US$40 Million Land Compensation Deal with Chiyangwa’s Pinnacle Holdings - Gambakwe Media
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Government Defends US$40 Million Land Compensation Deal with Chiyangwa’s Pinnacle Holdings - Gambakwe Media
The Government of Zimbabwe has defended its decision to award over 180 hectares of prime urban land to Pinnacle Holdings, a company owned by businessman and Zanu-PF official Philip Chiyangwa, as compensation for land repossessed in Stoneridge South.The transaction, which has drawn public and parliamentary scrutiny, involves high-value plots located in Borrowdale, Highlands, Bluffhill, Strathaven, Arcadia, and Harare’s Central Business District, …
Minister defends US$40 million land compensation to Phillip Chiyangwa's company – Nehanda Radio
HARARE - The Government of Zimbabwe has defended its decision to compensate Pinnacle Holdings, a company owned by Zanu-PF businessman Phillip Chiyangwa, with over 180 hectares of prime land across Harare, worth more than US$40 million, citing a value-for-value basis for the transaction. The post Minister defends US$40 million land compensation to Phillip Chiyangwa’s company appeared first on Nehanda Radio.
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