Multichoice Zimbabwe chief executive Lovemore Mangwende has died, the company announced yesterday.
In a statement, Multichoice said the circumstances around Mangwende’s death were unclear.
“It is with deep regret and great sadness that we advise of the passing of our chief executive officer, Lovemore Mangwende Makono, on January 6, 2019,” part of the statement read.
“Lovemore was an inspirational leader and a father figure to many. He guided and fought tirelessly for the betterment of his countrymen and the management and staff of his company. His larger-than-life persona will be missed. Lovemore joined MultiChoice Zimbabwe in 2005 and has been the CEO since 2008.
“Our sincere and heartfelt condolences go to his wife and family.”
They said the two parties had agreed on a $400 000 purchase price, but Parirenyatwa is said to have paid $109 000, leaving a balance of $291 000.
The plaintiffs said when they sealed off the deal, the former minister undertook to pay the money through a CABS mortgage bond within 21 days from the date of signing of the agreement of sale, but reneged on his obligation.
According to the businessmen, Parirenyatwa breached the agreement by failing to settle the balance of the purchase price and to rectify the breach even though he was, on several occasions, called upon to do so.
They also said despite demand, Parirenyatwa had refused and/or neglected to pay the outstanding balance and to vacate the property.
