HARARE – A High Court ruling that required the National Social Security Authority (NSSA) to pay the Housing Corporation of Zimbabwe (HCZ) $22 million in damages for breach of contract was overturned by the Supreme Court this week.
The order was placed last year in favor of the HCZ, whose representatives are Adam Molai, son-in-law of the late former President Robert Mugabe, Stephen Duggan and Aleck Nyatanga.
In a decision issued ex tempore on Monday, the three Supreme Court justices, Susan Mavangira, Tendai Uchena and Felistus Chatukuta, overturned Justice Paul Musithu’s decision to execute an arbitration award with costs.
HCZ’s claim was in addition to the $16 million the NSSA had already paid the company.
In 2017, the NSSA and HCZ entered into a house acquisition agreement which committed HCZ to make available to the NSSA 8,000 homes at US$38,000 per unit in Caledonia, Harare.
Arbitrator Peter Lloyd awarded HCZ US$22 million and a challenge to the decision by the NSSA failed in the High Court.
Attorney Thabani Mpofu appeared for the NSSA while HCZ was represented by attorney Daniel Tivadar.
Molai recently made headlines after hosting former senior Zanu PF officials Savior Kasukuwere and Patrick Zhuwao at his all-white birthday party hosted by contemporary musician Jah Prayzah in Cape Town, South Africa.
He also owns the Pacific Cigarette Company (PCC), TRT Investments and various companies under his belt.
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