Mzi Khumalo's legal wrangles hang over the future of US group Namib Minerals
The South African tycoon's company, Metallon Corp, is in receivership and has not seen any of the proceeds from the sale of its Zimbabwean gold mining sites. These sites have now been taken over by Namib Minerals, a Nasdaq-listed company also co-owned by Mzi Khumalo. Metallon's receiver has taken the matter to the London courts.