Gono Trapped In Chicken Wars

via RadioVop Zimbabwe – Gono Trapped In Chicken Wars by Professor Matodzi October 23, 2013

A business enterprise owned by Reserve Bank of Zimbabwe (RBZ) Governor Gideon Gono has been hauled to court by a leading poultry producer after the company allegedly defaulted on paying for a consignment of poultry products.

Court papers seen by Radio VOP show that Crest Poultry Group trading as Crest Breeders International resorted to taking legal action in the High Court against Lunar Chickens, which is owned by Gono after the poultry retailer reportedly failed to pay $17 747 for a consignment of poultry products supplied on credit.

Crest Breeders and Lunar Chickens had agreed as terms of the credit facility agreement that the purchase price would be payable within 21 days of delivery of each consignment. However, the payment period has since elapsed with Lunar Chickens failing to meet its obligation.

The poultry producers through their lawyers Dzoro and Partners Legal Practitioners charged that they had made numerous demands on Lunar Chickens to settle the amount owing but to no avail.

Besides recovering $17 747, Crest Breeders is also demanding interest from the debt. Radio VOP could not confirm if Gono’s enterprise is opposing the summons filed in the High Court this month.

Gono claims to have started rearing chickens in 1973 and is the country’s third largest integrated chicken company in Zimbabwe with aspirations to list his poultry business on the Zimbabwe Stock Exchange.

Besides having business interests in the poultry sector, Gono is also heavily invested in a number of sectors of the Zimbabwean economy including agriculture, beef, agro-processing, construction, horticulture, publishing, brickmaking and real estate.

 

COMMENTS

WORDPRESS: 15
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    Kisti-yatota 7 years ago

    forgive him this debt as chombo did to electricity n water

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    Tjingababili 7 years ago

    CHICKEN GEORGE!

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    chif chits 7 years ago

    Batai munhu

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    munotandanisa mhepo yamusingazivi painobva nepainoenda.Gono akaba mari ma billion dollars ema bankers nazvino haina kudzorwa anoitwei nani anozvigona? Tibvirepo wa shaya zvokuhwahwata.Munotambirei nembava dzeZimbabwe dzina ma certificates a Mugabe.Mwana wenyoka inyoka mwana we shumba ishumba patsika remberi reshure saizvozvo.

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    bingo wajakata 7 years ago

    ZANU PF mentality, take anything and everything you can get your dirty paws on! What a country. As a Zimbabwean in the diaspora and most unlikely to return and resettle in Zimbabwe I will not even dream of investing in Zimbabwe or for that matter encourage someone I am close to because the risks are just too high and shall remain so as long as Mugabe and his band of thieves and murderers are in charge! Look at what Grace’s son is doing. In a normal country this would cause so much embarrassment to the first family to warrant the president to resign but not in my motherland. In Zimbabwe the more you can wrestle from the unprotected, those with no political muscle or lack linkage to those above the law the more you are regarded as being patriotic. In fact with such qualities you only need to get into the party of the “people” or is it of the thugs, kiss a lot of behinds and you are warm and dry. Cry my beloved motherland and its peace loving people,held to ransom by the short walking mummy that termites and maggots will most likely only eat as a last resort!

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    Zvorwadza 7 years ago

    Zifa inongotorerwa wani zvinhu nemessenger of court every month, hokoyo Lunar

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    Chitova weGona 7 years ago

    Call the Sheriffs!

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    Gono must pay,hes been stealing from the poor

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    Bambani isela libhadale

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    Bambani isela libhadale ,he musnt get away with it

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    Once a thief always a thief

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    what a mess

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    Torai hupfumi 7 years ago

    Gono mukono will not pay because he knows that the law is on his side. zimbabwean law.

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    tin tin 5 years ago

    thats what an entrepreneur does