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Koloswe sues ADMARC for breach of contract

Kaloswe Commuter and Courier Limited has dragged to court the Agricultural Development and Marketing Corporation (ADMARC) for breach of contract which also allegedly led to loss of business for the Zambian private company.

The development comes barely days after the joint Parliamentary inquiry on Zambia maize-gate questioned ADMARC for signing two contracts with Kaloswe and ZCF of Zambia.

According to information sourced by FaceofMalawi reporter, company through its lawyer Mwansa Mukoloba on Wednesday applied to the High Court in Zambia to amend writ of summons and claims and add ADMARC to a case in which Kaloswe sued Zambia Cooperation Federation (ZCF) in October last year.

Kaloswe is also demanding from the two a payment of $13,000,000 (K9.6 billion) being the difference between the $34.5 milion paid by the PTA Bank and the contract sum of $21,500,000.

Mukoloba also said that Kaloswe is suing for general damages and special damages worth $3million (K2.2 billion) from both Admarc and ZCF.

Meanwhile ADMARC officials are yet to respond to the matter.

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Robert Ngwira
Robert Ngwira
Attended Our Future Private Secondary School in Rumphi from 2006-2009 Holder of Diploma in Journalism from Malawi Institute of Journalism (MIJ) Hobbies, reading newspapers, going out with friends, listening to radio and watching football. Email: info@faceofmalawi.com

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