Credit Insurance Zimbabwe Limited (Credsure) fails to stop a US$1.25 million lawsuit linked to a failed medicinal cannabis export venture. The High Court rules there is sufficient evidence for the matter to proceed to trial, rejecting Credsure’s attempt to have the case dismissed at an early stage.
Justice Joseph Chilimbe, in an August 25 decision, dismisses Credsure’s application for absolution from the instance and orders it to pay costs. The ruling indicates the court finds the evidence presented by the plaintiff is strong enough to warrant hearing the dispute on its merits rather than ending the case before trial.
Both outlets frame the dispute as arising from financing connected to the medicinal cannabis export effort, but they focus on different phrasing around the procedural outcome. Zimbabwe Independent emphasizes that Credsure’s failure to halt the case stems from the court’s determination that there is enough evidence to proceed, while New Zimbabwe details the specific application dismissed and the costs order.