Mnangagwa Company Sued Over Debt
1 October 2018
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Steelmakers Zimbabwe (Private) Limited in Redcliff, Kwekwe is being sued over a debt owed to an oxygen cylinder supplier.

This comes after the two parties signed a deal in early 2016 which later collapsed as the giant steel
company faced liquidity challenges.
The supplier, through Maxwell Chioto, this week filed summons against the steelmaker at the High
Court demanding the sum of $11 661, from Steelmakers, which is cited as the defendant.
“The plaintiff’s claim is for payment of the sum of $11 661 being damages for the lost income as a
result of the defendant’s breach of an agreement made and entered into by and between the plaintiff and defendant on February 20, 2016 and at Redcliff and unilaterally cancelled by the defendant on April 18, 2016 despite the fact that the agreement was valid until December 31 same year,” reads the summons in part.
Chioto demanded interest at temporae morae from the date of the claim to the date of full and final
payment and payment of the costs of suit on a higher scale.
In his declaration, Chioto submitted that in June 2016 he entered into an agreement with Steelmakers on condition he will supply the firm
with oxygen cylinders at the rate of $1,80 per cylinder- Daily News