Thursday, July 16

Harare Big Boy Mbinga Oitwa Zvekwana Mike Chimombe Abatwa Ne CID

 

Harare Magistrate Isheunesu Matova has ordered the State to kickstart trial of Patrick Mutenha alias Chimpa, who is facing two charges of Extortion and Contravening Section 6 of the Reserve Bank of Zimbabwe’s Microfinance Act [Chapter 24:29]

 

Crime and Courts

Court Sets Trial Date For Harare Businessman 

Harare Magistrate Isheunesu Matova has ordered the State to kickstart trial of Patrick Mutenha alias Chimpa, who is facing two charges of Extortion and Contravening Section 6 of the Reserve Bank of Zimbabwe’s Microfinance Act [Chapter 24:29].

 

 

 

 

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Mutenha, was apprehended in a movie style arrest by a cracked team of Detectives from the CID Vehicle Theft Squad in April of last year [2024], after youthful Harare Businessman Shingai Levison Muringi had reported him for extortion and intimidation.

 

Mutenha allegedly name dropped senior politicians as he sought to intimidate Muringi.Detectives from the CID Vehicle Theft Squad have successfully obtained key evidence needed by the State to solidify its cases against MutenhaDetails are that Mutenha advanced Muringi a loan of USD35,000.00 (popularly known as chimbadzo) against the later’s Toyota Hilux GD6 which was used as surety.

 

 

 

 

Its alleged that on the 27th of April 2024, Muringi repaid the loan to the tune of USD55,000.00, including the interests accrued for a duration of two months.Upon repayment of the loan, Muringi demanded his vehicle back but Mutenha allegedly refused to hand it over, stating that he needed an extra USD15,000.00, telling the complainant that he was untouchable, in the process name-dropping the First Family and popular gold dealer Scott Sakupwanya.

 

The act prompted Muringi to report the matter to the Police, leading to Mutenha’s arrest.The State is the complainant in the charge of Contravening Section 6 (1) (a) (2) of the Reserve Bank of Zimbabwe’s Microfinance Act [Chapter 24:29] and is represented by RBZ’s Financial Intelligence Unit (FIU), Shingai Levison Muringi and the CID Vehicle Theft Sqaud as its chief witnesses.

 

On the charge of Extortion as defined in Section 134 of the Criminal Law (Codification and Reform Act) Chapter 9:23, Mutenha will be put to the test by the evidence from Muringi, who is the complainant.As as series of events unfolded, Mutenha filed a counter Fraud claim against Muringi. However, the matter was struck off the roll by the Courts.

Mutenha failed to turn up for trial on several occasions leading to the court removing Muringi from remand through a Refusal of Remand.

 

Muringi was represented by Harare lawyer Mr. Claude Bare of Claude , Petronellah & Nomazulu At Law.

 

 

 

As as series of events unfolded, Mutenha filed a counter Fraud claim against Muringi. However, the matter was struck off the roll by the Courts.

Mutenha failed to turn up for trial on several occasions leading to the court removing Muringi from remand through a Refusal of Remand.

 

Muringi was represented by Harare lawyer Mr. Claude Bare of Claude , Petronellah & Nomazulu At Law.

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Info News

Student Loan Refinancing: Smart Strategies to Reduce Education Debt

Student loan refinancing has become increasingly popular among graduates seeking lower interest rates and simplified repayment plans. Refinancing allows borrowers to combine multiple federal and private student loans into a single new loan with updated terms. This financial strategy can potentially reduce monthly payments, save money on interest, and help borrowers pay off education debt faster.

Private lenders often offer competitive rates to borrowers with strong credit histories and stable income. Refinancing can be particularly beneficial for professionals such as doctors, engineers, and business owners who qualify for premium rates. Many lenders also provide flexible repayment options, autopay discounts, and no application fees.

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Experts recommend comparing multiple student loan refinance companies, checking credit score requirements, and reviewing repayment terms carefully. Some borrowers also improve approval chances by applying with a cosigner. Choosing the right lender can make a major difference in long-term financial health and debt management success.

Student loan refinancing continues to be one of the highest-paying finance niches online due to strong competition among lenders and high consumer demand. Articles covering repayment strategies, forgiveness programs, and refinancing calculators consistently attract high-value traffic.

Best Commercial Truck Insurance Companies for Small Fleets

Commercial trucking companies face massive financial risks every day.

One accident can trigger lawsuits worth millions.

That’s why choosing the best commercial truck insurance company for small fleets matters far more than many owners realize.

Cheap coverage often becomes extremely expensive after serious claims.

What Commercial Truck Insurance Covers

Policies may include:

  • Liability coverage
  • Cargo insurance
  • Physical damage
  • Non-trucking liability
  • Bobtail coverage
  • Trailer interchange insurance

Coverage needs vary heavily by fleet operations.

Why Insurance Costs Are Rising

Premiums continue increasing because of:

  • Nuclear verdict lawsuits
  • Rising repair costs
  • Cargo theft
  • Distracted driving claims
  • Fraudulent accident schemes

Insurance companies now evaluate fleets much more aggressively.

What Insurers Look For

Strong fleets usually maintain:

  • Clean driver records
  • Safety monitoring systems
  • Dash cameras
  • Electronic logging devices
  • Driver training programs

Risk management directly impacts pricing.

Final Takeaway

The best commercial truck insurance companies focus on both protection and long-term risk management.

Small fleets that prioritize safety often receive stronger rates and better coverage options.

FAQ

Why is commercial truck insurance expensive?

Large accident claims and legal settlements create major risks for insurers.

What lowers commercial truck insurance costs?

Clean driving records, safety systems, and lower claim histories may reduce premiums.