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Minister defends US$40 million land compensation to Phillip Chiyangwa’s company

Aug 1, 2025
Businessman Phillip Chiyangwa (left) appearing before the commission of inquiry investigating Harare City Council operations, 28 August 2024 (Picture via Nyashadzashe Ndoro for Nehanda Radio)

HARARE – The Government of Zimbabwe has defended its decision to compensate Pinnacle Holdings, a company owned by Zanu-PF businessman Phillip Chiyangwa, with over 180 hectares of prime land across Harare, worth more than US$40 million, citing a value-for-value basis for the transaction.

The post Minister defends US$40 million land compensation to Phillip Chiyangwa’s company appeared first on Nehanda Radio.

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