HomePoliticsANZ distances self from Zimonline

ANZ distances self from Zimonline

Arther Chatora

THE Chief Executive Officer of Associated Newspapers of Zimbabwe (ANZ) Sam Sipepa Nkomo has dissociated his company from the new on-line newspaper Zimonline.



e=”Verdana, Arial, Helvetica, sans-serif”>There has been speculation that Zimonline is a re-incarnation of the closed Daily News and the Daily News On Sunday.


“I, as the Chief Executive Officer of ANZ, wish to distance the ANZ or any of its staffers from that edition,” he said.


Meanwhile, tension rose dramatically at Zimpapers yesterday as workers claimed that their management was squandering money on its personal upkeep rather than on their welfare. Some workers said they would go on strike if their chief executive Justin Mutasa remained intransigent.


Mutasa is said to have threatened workers with dismissal and to sue them for their allegations against his management.


Workers are alleging that Mutasa bought $2,7 billion worth of luxury vehicles, creating an overdraft of $400 million at 200% interest per annum, while they were told there was no money to meet their salary demands. They said the company bought Mercedes Benz MLs, Kompressors, and E and C classes and Nissan Wolfs, while journalists use dilapidated pool cars. Senior company employees were said to be buying their current cars, some of which are two years old, for as little as $800 000.


The workers claim there was corruption at Zimpapers with fuel being stolen by senior managers for use at farms, while Natprint, the company’s printing division, was riddled with mismanagement. The workers alleged nepotism at Natprint and other levels of Zimpapers.

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