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 FINANCE minister Tendai Biti has officially intervened in the “vicious corporate war” between Meikles Africa Ltd and Kingdom Financial Holdings Ltd (KFHL), which has drawn into its vortex President Robert Mugabe and other high-profile politicians.
The involvement of Mugabe, Biti and Reserve Bank governor Gideon Gono in the intensifying battle for KFHL has left the corporate giant smouldering.
Mugabe has openly declared his support for the embattled KFHL founder Nigel Chanakira and wants to resort to his controversial Indigenisation laws to settle the dispute in the struggling banker’s favour despite that the companies in the dispute are already owned by Zimbabweans.
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 A FRESH row has erupted over the appointment of provincial governors, with the three principals clashing over letters written to Sadc facilitator, South African President Jacob Zuma, on progress made in the implementation of the global political agreement (GPA).
In a report attached to a letter dated June 10 written by Deputy Prime Minister Arthur Mutambara and signed by President Robert Mugabe and Prime Minister Morgan Tsvangirai to Zuma, the three principals agreed that the issue of provincial governors would be dealt with concurrently with that of sanctions.
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