January 29, 2025, London — A press conference was held in London by renowned businessman Mutumwa Mavere, during which he denied the false claims spread by Zimbabwean media regarding photographs that allegedly show him in a critical condition and incapacitated. Mavere emphasized that he has not lived in Zimbabwe for many years, and these rumors are an attempt by his opponents to undermine the trust in his company, THZ Holdings. This is particularly relevant following his recent acquisition of a significant stake in a large South African diamond mining company.
Earlier, in June 2024, reports emerged that Mavere had been hospitalized due to a severe neurological condition. However, during the press conference, he refuted these claims, stating that he is in good health and continues to actively manage his business interests.
Mavere also pointed out that the spreading of false information about his health is intended to damage investor confidence and lower the stock value of his company. He highlighted that these actions are part of a campaign by his competitors who aim to weaken his market position following his successful acquisition of a stake in the South African diamond mining company.
In conclusion, Mavere expressed confidence in the stability and growth prospects of THZ Holdings, despite attempts by detractors to discredit him.
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