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Sakunda Holdings Closing Down Permanently Due To Years Of 'Irrecoverable' Losses

5 years agoTue, 04 Dec 2018 14:16:20 GMT
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Sakunda Holdings Closing Down Permanently Due To Years Of 'Irrecoverable' Losses

Sakunda Logistics has reportedly shut down permanently after four years due to ‘irrecoverable’ losses. Sakunda Holdings became famous for the wrong reasons recently when former ZANU PF apologist, Acie Lumumba sensationally claimed that the company was at the centre of state capture. He reportedly referred to the company’s director, Kuda Tagwirei as  “Queen Bee”.

In the latest developments,  in a letter written to the company’s employees, the company’s finance and human resources director S Mpunga said

I regret to notify you all that Sakunda Logistics will be permanently closing down as we have suffered irrecoverable losses over the past four years.

We are sorry to notify you that your jobs with Sakunda Logistics terminate in one month on 31 December 2018.

We express our deepest gratitude to all of you for your dedicated service at Sakunda Logistics. We wish you the best in all your future endeavours.

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