Chivayo’s IntratekZimbabwe – newzimbabwevision

PHOTOS: ‘THANK YOU MNANGAGWA, Just out of courtesy, this is what US $1 Million looks like’- Wicknell Chivayo pictured with US$1 million in cash.

Posted on April 22, 2019 by newzimbabwevision

PHOTOS: ‘THANK YOU MNANGAGWA, Just out of courtesy, this is what US $1 Million looks like’- Wicknell Chivayo pictured with US$1 million in cash.Controversial businessman Sir Wicknell Chivayo has posted photos of himself with US$1 million in cash on top of a desk at what looks like his office. hivayo’s display of such huge sums of money happens at a time when Zimbabwe has a cash crisis with foreign currency having disappeared and the local…

Controversial Businessman Chivayo’s Power Deal Brings Trouble For Zimbabwe Power Company (ZPC) Board

Posted on May 31, 2016May 31, 2016 by newzimbabwevision

The Zimbabwe Power Company board has launched investigations into how management unprocedurally made a down payment of $5 million to Wicknell Chivayo for pre-commencement works on the 100 megawatt Gwanda solar power project. Chivayo’s IntratekZimbabwe won the $200 million contract but the money was paid without IntratekZimbabwe submitting a performance guarantee to give ZPC security to recover its money in the event the firm failed to perform on the contract. There is nothing in place…