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Zambia: Magaya Loses Giant Church Hotel Over USD420,000 Debt – Africa Links 24

Zambia: Magaya Loses Giant Church Hotel Over USD420,000 Debt – Africa Links 24

Rédaction Africa Links 24 with Zimeye
Published on 2024-10-12 18:23:55

Magaya Loses Giant Church Hotel Over USD420,000 Debt

Prophet Walter Magaya Loses Major High Court Case, Faces Dispossession of Famous Hotel

By Dorrothy Moyo | Harare, Zimbabwe — In a significant legal blow, Prophet Walter Magaya has lost ownership of his famous hotel and stadium after a ruling by the High Court of Zimbabwe’s Commercial Division. The court’s decision, made on October 9, 2024, allows the sale of the property to settle a debt of US$420,140.72 owed to GetBucks…

Read the full article on The Zimbabwe Eye

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