Businessman Mutarisi clashes with landlord over US$27,000 rental arrears

Prominent businessman Tinashe Mutarisi embroiled in a US$27 000 rental arrears dispute

NASH Paints Group chief executive and award winning businessman Tinashe Mutarisi is embroiled in a legal wrangle with Mining Industry Pension Fund (MIPF) over US$27,000 rental arrears, Zim Morning Post can report.

MIPF claims that one of Mutarisi’s companies Nash Furnishers, owes the pension fund US$27, 000 in breach of a lease agreement for a shop located at Takura House, Harare.

According to court papers seen by Zim Morning Post and dated March 17, Mutarisi signed a lease agreement on January 24 2019, through his company Penmen Investments.

“Payment of the sum of US$27,000 being rental arrears owed by 1st defendant for the use of premises being  Shop 2, Takura House 67 Nkwame Nkurunh Avenue, leased to it by the Plaintiff in terms of a lease agreement signed by  the parties on November 24 2019,” read part of the claim.

“Payment of interest on the US$27 000 calculated from March 2020 at a rate equivalent to the minimum lending rate charged by the Plaintiff’s bankers compounded monthly from due date of rent,” it further reads.

Zim Morning Post understands that MIPF unilaterally made an upward review of the rentals and demanded that Mutarisi pay a backdated amount of  the revised fee.

The businessman then disputed this arrangement leading to the matter spilling to the courts.

Mutarisi is a versatile businessman with interest in diverse areas including manufacturing and has also invested in multimedia and entertainment.

He took over Coloursel Furnishers and established Nash Furnitures after the owner Tich Mharadze resumed his mining operations in Mashonaland West.


  1. Hello There. I found your blog using google. This is an extreely well written article.
    I’ll make sure to bookmark it and return to read more of
    your useful information. Thanks for tthe post. I’ll certainly return.

  2. Thank you for this vvery good posts. I was wanting to know whether you were planning of publishing similar posts to
    this. Keep up writing supoerb content articles!

  3. Very nice post. I just stumbled upon your blog and wanted to say that I’ve truly enjoyed
    surfing around your blog posts. In any case I will be subscribing to your feed and I hope you write again very soon!

  4. Well composed articles likle yours renews my faith in today’s writers.You’vewritten information I can finally agree on and also use.Many thanks for sharing.

  5. Hello would you mind letting me know which webhost you’re using? I’ve loaded your blog in 3 completely different browsers and I must say this blog loads a lot faster then most. Can you suggest a good hosting provider at a reasonable price? Cheers, I appreciate it!

  6. Great post. I was checking continuously this blog and I am impressed! Extremely helpful information particularly the last part 🙂 I care for such information much. I was seeking this certain info for a long time. Thank you and best of luck.

  7. Only a smiling visitant here to share the love (:, btw outstanding layout. “Treat the other man’s faith gently it is all he has to believe with.” by Athenus.

  8. Aw, this was a really nice post. In thought I would like to put in writing like this additionally – taking time and precise effort to make a very good article… however what can I say… I procrastinate alot and not at all appear to get something done.

  9. Someone necessarily help to make significantly articles I might state. This is the first time I frequented your web page and up to now? I amazed with the analysis you made to create this particular put up amazing. Great job!

  10. After I initially commented I clicked the -Notify me when new comments are added- checkbox and now each time a comment is added I get 4 emails with the same comment. Is there any approach you may take away me from that service? Thanks!

  11. Hi there just wanted to give you a brief heads up and let you know a few of the images aren’t loading correctly. I’m not sure why but I think its a linking issue. I’ve tried it in two different browsers and both show the same outcome.

  12. Hi there, just became aware of your blog through Google, and found that it’s truly informative. I am gonna watch out for brussels. I’ll appreciate if you continue this in future. Many people will be benefited from your writing. Cheers!

  13. What i don’t understood is if truth be told how you are now not actually much more neatly-favored than you might be right now. You’re so intelligent. You know therefore considerably on the subject of this subject, produced me individually consider it from a lot of varied angles. Its like women and men don’t seem to be fascinated except it is something to do with Girl gaga! Your personal stuffs great. All the time take care of it up!

  14. What i don’t understood is in fact how you are not actually much more smartly-favored than you might be now. You’re so intelligent. You already know thus considerably in the case of this matter, made me individually consider it from so many various angles. Its like women and men are not interested until it¦s one thing to do with Lady gaga! Your individual stuffs outstanding. Always take care of it up!

  15. An interesting discussion is worth comment. I feel that it is best to write more on this subject, it may not be a taboo topic however usually people are not enough to talk on such topics. To the next. Cheers

  16. I’d have to examine with you here. Which is not one thing I usually do! I take pleasure in reading a post that may make folks think. Additionally, thanks for permitting me to comment!


Please enter your comment!
Please enter your name here