The Daily News has dispelled media reports that Zimbabweans Mogul Kuda Tagwirei acquired a stake in a company that publishes the Daily News, The Daily News reports.
According to the publication, online media had claimed that Tagwirei bought the Daily News:
In its blog-post yesterday, the Zim Morning Post also claimed that Tagwirei is a shareholder in Modus Media the publisher of the iconic and market leading business newspaper, The Financial Gazette.
Similarly, the paper also claimed that Tagwirei is a shareholder in Jester Media Services, the owners of the newly licensed 3K television station. This is simply not true.
Rather embarrassingly too, the paper also claimed that Modus Media is owned by Associated Newspapers of Zimbabwe the publisher of the Daily News. This is false.
Rather ridiculously, Zim Morning Post further claimed that “the Daily News’ application (presumably for a TV licence) coincided with a radical shift in the publications (sic) editorial policy” — adding, for good measure, that “The pro-government policy coupled with Tagwirei’s influence appears to have catapulted the publications’ TV licence application to land one of six slots on offer”.
This is false and defamatory, as it suggests that Jester Media Services won its openly and transparently tendered TV licence through devious and corrupt methods.
Zim Morning Post blogger Elias Mambo
The publication dismissed these reports and said Jester Media Services, Modus Media and 3K TV are owned by one family and claimed by ZimMorning Post that Jester Media Services won its TV license tendered publicly through devious and corrupt methods is defamatory.
A spokesperson for the stakeholders affected by the alleged false reports denied even doing business with Tagwirei at any point and said:
Neither the shareholders nor the directors of Jester Media Services, Modus Media and ANZ (which publishes the Daily News) have ever met, let alone had any business or social dealings with Mr Tagwirei. The malicious intentions by those peddling all these falsehoods are clear, and this is to impact negatively on the concerned businesses.
A clear demonstration of this co-ordinated malice is that none of those who have written all these false stories have ever attempted to verify their misplaced claims with us. But it will be well,” a spokesperson for the shareholders said.
Because the Zim Morning Post story went beyond the boundaries of incompetence and erroneous reportage, legal action will be taken against it. The extreme fascination with our businesses is a source of major mystery for us, with many people, especially journalists who should know these things seemingly keen to donate shareholders to us,
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie
Duration
Description
cookielawinfo-checkbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional
11 months
The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.