Chivayo’s company Intratrek Zimbabwe (Private) Limited

‘Undenge Pressured Us To Pay Chivayo US$5m Without Guarantee To Protect Public Funds’.-ZPC

Posted on June 1, 2016 by newzimbabwevision

Energy and Power Development Minister Dr Samuel Undenge reportedly pressured the Zimbabwe Power Company to pay Wicknell Chivayo’s Intratek Zimbabwe $5 million in the absence of a bank guarantee to protect public funds. Chivayo yesterday admitted to receiving payment without a guarantee as specified in the contract to construct a 100 Megawatt solar plant in Gwanda. Chivayo said it was difficult for a local company to raise a bank guarantee, hence the decision to…

‘Ex-convict Wicknell Chivhayo Says His US$1m Donation To Zifa Is Like Petty Cash’

Posted on December 27, 2015December 27, 2015 by newzimbabwevision

Harare businessman, Wicknell Chivayo who is reportedly connected to the Zanu PF elite and recently rescued Zifa with his US$1million donation has said the cash injection is ‘like petty cash’. Last week he paid the first installment of US$50 000 of the agreed payment plan in service to the debt owed to former Warriors coach Tom Saintfiet. “To us, that money is like petty cash, so we will not spend much of our time, which…