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Mphoko’s Theft Deal Stench Blows Up

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President Robert Mugabe’s attempts to block the costly US$350 million loan deal between the Zimbabwe Electricity Supply Authority (Zesa) and Botswana’s Capital Management Africa (CMA) brokered by Vice-President Phelekezela Mphoko, have come to naught. It is reported the equity firm has approached the Botswana Public Officer Pension Fund with a proposal seeking a recapitalisation loan

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