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WATCH LIVE: Pension Funds refuse to pay back Zimbabweans

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WATCH LIVE as Gambakwe looks at the recent revelations that Zimbabwe pension funds are refusing to cooperate with a directive to pay back pensioners for lost value from the 2019 hyperinflation.

Please watch the video above this post for more details.

Topics

1. Ipec Commissionner Grace Muradzikwa says Insurers are refusing to comply with a directive to compensate Zimbabweans who lost value during the Zimbabwe 2019 hyper infalation era.
2. Zimbabweans lost value after the value of the Zimbabwe dollar went to zero.
3. The Zimbabwe government intended to pay the amount from USD75 million which would be paid through a Kuvimba facility.
4. Only one out of the two hundred insurance and pension funds have complied and provided data.
5. The pension fund industry is saying they do not have data.
6. Ruwa and Epworth await decision on Town status.
7. Zimbabwe Police are seeking Clark Makoni for shooting out the tyres of a vehicle that was trailing him.
8. Clark Makoni was recently detained by police after he tried to make a police report
9. Police are charging Clark for Cyberbullying after he made a recording at Juru police station.
10. Clark Makoni shot out the tyres of Courage Moyo’s car. Clark alleged that the car being used belonged to Commission Tembo.
11. Clark Makoni did not attend the hearing at Murewa Magistrate Court which was scheduled for Friday.
12. Esther Sagawa Mayor of Lilongwe enters a deal with Prophet Walter Magaya.
13. Magaya will build Heart Stadium 3 at Chipala community stadium in Lilongwe.
14. Precast materials for the construction of the 16 villas in Mt Hampden and a conference center are now being sourced from Mt Hampden.
15. Presidents are no longer being accommodated at the villas as these will not be complete.
16. Prophetess Memory Matimbire awarded a prestigious leadership award.
17. Prophetess Memory Matimbire has multiple adverts in the newspapers
18. Water Magaya fined USD 82 000 by FIFA after failing to pay three Brazillian players who were signed in 2023.
19. Magaywa failed to pay the players amounts around USD1200 per month.
20. The players were signed in July 2023 and went to FIFA after they were not paid their monthly salaries.
21. The contract was set to expire in June 2025.
22. the players were set to be paid a signing fee of USD 5000 each in two instalments and a monthly salary of USD1200 and a camping fee of USD20.
23. Magaya failed to pay the salaries between October 2023 and February 2024.
24. Magaya also failed to pay the return ticket for the players to go back to Brazil for holidays and did not respond to letters from the player.
25. ZAOGA church has been split over the affair that has seen South Africa based bsuinessman Shephered Chipatiko leaving his wife Varaidzo Maryllyn Kunze and Caroline Maguriswana. She said Caroline Maguriswana is an Elder at ZAOGA who we hired to do my birthday decor last year September in my home, and thereafter, started cheating with my husband after my birthday.
26. However, Shepherd told H-Metro Varaidzo was not who she claimed to be. “What irks me more is that her mother knew her daughter’s games of defrauding men. “Varaidzo wanted to give me her young sister to cover up for her lies and I refused. “She further wanted to give me her daughter Thando Sibanda and I refused. “After we got married, a man called Lawrence Mhuka from Cape Town, claimed that she was pregnant for him.
27. Mutare City council to lease View points and caravan Parks.
28. Marist brothers college is looking for a contractor to build a hostel.
29. Matrix car tracking company has refused to take responsibility after failing to track a client stolen car
30. Vinolia Vilakazi’s car was stolen from her home in Soweto in March.
31. She found out that her tracking device last worked in 2021.

32. Sekai Savanhu caught cheating with her husband’s friend for the second time

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