Zimbabwe: Easipark Deal Faces Fresh Hurdle

18 September 2013

THE joint venture parking business between South African company Easihold Proprietary Limited and Harare City Council has faced a fresh hurdle with the foreign company taking the council for arbitration over the manner cash is being handled. Easihold is accusing council of opening a secret account where all the money is being held without transparency.

The company also argues that it is being denied access to that account and that it was also being sidelined in the operations of the Easipark business despite an order directing them to reinstate the joint venture.

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