News Report Zimbabwe
  • News
  • Crime and Courts
  • Politics
  • Mjolo
  • Horror and Disaster
  • Privacy & Cookies
  • Contact Us
  • About Us
Sunday, April 19, 2026
  • Latest News
News Report Zimbabwe
No Result
View All Result
Home Crime and Courts

Securico Loses Gold, Loses Case

Securico Loses Gold, Loses Case

In a shocking turn of events, Securico’s lack of security measures has left them high and dry – financially speaking. The Bulawayo High Court has ordered Securico to cough up a whopping US$675,000 to How Mine after a daring heist involving 11.95kg of gold bullion. It seems Securico’s decision to use “soft-skin” vans instead of armored vehicles was a costly one.

The heist, which occurred on October 4, 2022, while the gold was being transported to Bulawayo, was a brazen affair. Securico’s security personnel were overwhelmed by armed robbers, who made off with the valuable cargo. The court’s verdict was scathing, with Justice Joseph Chilimbe ruling that Securico’s failure to alert the police and their own response teams during the robbery amounted to gross negligence.

Securico’s use of “soft-skin” vans instead of armored vehicles and deployment of security personnel without panic buttons were major factors in the court’s decision. It was revealed that Securico was aware of the risks involved in transporting high-value cargo but failed to take adequate precautions. While Securico’s personnel were instructed to prioritize preserving life over protecting assets, this didn’t excuse their negligence.

In the end, Securico has been ordered to pay How Mine US$675,000, plus interest at a rate of 5% per annum from October 4, 2022, until full payment is made. This case highlights the importance of robust security measures when transporting valuable goods. The court’s decision serves as a wake-up call for security companies to review their protocols and take necessary precautions to prevent such incidents in the future.

END//..

Tags: 000Bulawayo High CourtHow Mine US$675Securico

Related Posts

Epworth Mother Admits Burning Son’s Hand on Stove

Epworth Mother Admits Burning Son’s Hand on Stove

by News
March 27, 2026
0

An Epworth woman who was filmed assaulting her young son and burning his hand on a gas stove has pleaded...

Passion Java Shows Support for Sister After Fraud Conviction

Passion Java Shows Support for Sister After Fraud Conviction

by News
March 27, 2026
0

Controversial cleric Passion Java appeared at the Harare Magistrates’ Court on Thursday in a show of support for his sister...

Chivayo’s Ex-Wife Seeks US$25 Million Settlement, US$40k Monthly Maintenance

Chivayo’s Ex-Wife Seeks US$25 Million Settlement, US$40k Monthly Maintenance

by News
March 26, 2026
0

Chivayo’s Ex-Wife Seeks US$25 Million Settlement, US$40k Monthly Maintenance Businessman Wicknell Chivayo is facing major financial demands from his former...

Farm & City Manager Accused Of Spending US$10,200 Company Rent Money On Online Betting

Farm & City Manager Accused Of Spending US$10,200 Company Rent Money On Online Betting

by News
March 24, 2026
0

Farm & City Manager Accused Of Spending US$10,200 Company Rent Money On Online Betting A 39-year-old area manager employed by...

Top Trending News

  • Malcolm-Jamal Warner’s Funeral Draws Star-Studded Tributes

    Malcolm-Jamal Warner’s Funeral Draws Star-Studded Tributes

    0 shares
    Share 0 Tweet 0
  • Is Bukayo Saka’s Form Becoming a Concern for Arsenal?

    0 shares
    Share 0 Tweet 0
  • First Lady Visits Suspected Guruve Serial Killer at Chikurubi Prison

    0 shares
    Share 0 Tweet 0
  • Tagwirei Pays $1.8 Million for Mnangagwa’s Former Car at Charity Auction

    0 shares
    Share 0 Tweet 0
  • It Gets Darker For PHD Ministries leader Prophet Walter Magaya As More Come Forward With Rape Accusations

    0 shares
    Share 0 Tweet 0
  • Hopewell Chin’ono Warns On What Might Be Mnangagwa’s Newest Security Move

    0 shares
    Share 0 Tweet 0
  • Chiwenga Warns ZANU PF Over ‘Risky’ Constitutional Amendment Plan

    0 shares
    Share 0 Tweet 0
News Report Zimbabwe

Navigate Site

  • News
  • Crime and Courts
  • Politics
  • Mjolo
  • Horror and Disaster
  • Privacy & Cookies
  • Contact Us
  • About Us

Follow Us

Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
No Result
View All Result
  • About Us
  • Contact Us
  • Latest News
  • Privacy & Cookies