Zimlive reports that Douglas Munatsi, the CEO of the Zimbabwe Investment and Development Agency (ZIDA) , has died in a fire, at his flat which is located between fifth and J Tongogara.

The flat is located on the 9th floor of the flat.

Police are investigating the fire in which Douglas was killed at around 4AM on Monday.

A police source said: “The fire is being investigated as possible arson.”

The former BancABC CEO was appointed to the role by President Emmerson Mnangagwa two years ago.