High Court throws out Sam Levy heir's urgent dividend bid

The High Court struck down Isaac Samuel Levy's urgent application seeking restoration of dividends from family companies, ruling the dispute was already before the court. NewZimbabwe.com reported Justice Chikowero ordered Levy to pay legal costs. The friction: the ruling exposes deep rifts within the wealthy Levy family over control of assets. The core vulnerability: protracted family feuds could destabilize the business empire, potentially affecting employees and business partners who rely on the continued smooth operation of the family-owned enterprises.