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Businessman loses $2m equity case

HARARE – Harare businessman, Bernard Mahara Mutanga, has lost a High Court case following a botched share transfer deal involving property worth $2, 2 million. According to court papers, the applicant Bellepaise Estate signed two agreements with Mai Kai Real Estate Development Trust in January 2006 for the sale of 10 000 shares to Mutanga’s…

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