McDowells reaches end of road

Mirror Reporter – Harare – McDowell’s, the largest money-lending company has reached the end of the road after thousands of its creditors agreed in Harare on Tuesday that the company should go under liquidation.This means that the life of judiciary management which has been running the properties for the past few months has come to an end and all of the company’s properties will be at sold at the earliest and proceeds would be distributed among creditors.Some of the properties to go under the hammer are Lees Inn Hotel, a house in Clipsham in Masvingo and a house in Khumalo Bulawayo.It is expected that properties in South Africa will also be sold.

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