The late socialite and businessman Genius "Ginimbi" Kadungure's Botswana empire is crumbling after the neighbouring country's Energy Regulatory Authority (BERA) ordered the closure of his Quick Gases (Pty) Ltd trading as Liquefied Petroleum Gas.
According to Botswana's leading daily, Mmegi, the action by the authority is a result of a wrangle over control of Ginimbi's assets that has since spilled into the courts.
A fierce fight is raging between the Kadungure family appointed executor, Ms Patricia Darangwa and Mr Leo Chiweshe, whom Ginimbi had appointed to manage the Botswana operations through power of attorney.
It is understood that the dispute has started taking a toll on the company's employees and clients.
The clients are stuck as they are reportedly failing to refill gas cylinders distributed by Ginimbi's company at other dealerships and BERA last Friday advised the public to take back the Quick Gases cylinders to the company's facility in Pilane where they would exchange them for more user friendly cylinders.
BERA spokesman, Mr Tshepang Monare, said they had many reports of people failing to refill their gas cylinders belonging to Quick Gases.
He said they had established that the chaos was a result of the ongoing court case.
"We had to step in and make sure they assist customers while awaiting a permanent solution," he told Botswana media.
Indications are that the Kadungures appointed Ms Darangwa to handle the flamboyant businessman's estate following his demise in a horrific car crash last November.
Three of his friends were burnt to death when Ginimbi's Rolls Royce Wraith collided with a Honda Fit as he drove to his Domboshava mansion.
At the centre of the (court) battle is Quick Gases (Pty) Ltd and Matiflex Oils (Pty) Ltd, which Kadungure was running in Botswana.
It is reported that Mr Chiweshe refused to meet and handover the control of the business empire to Ginimbi's family and their appointed executor.
Ms Darangwa, with the family's backing, is seeking to get Mr Chiweshe's power of attorney nullified with the two companies being declared as not having directors following Ginimbi's death.
In addition, the executor wants the court to confirm the appointment of Ms Juliet Kadungure and Nomatter Zinyengere as financial and operations directors of the said companies.
She wants Mr Chiweshe to give an account of the affairs of the companies and that he be interdicted and restrained from interfering with the executor's duties, considering that the power of attorney he was acting on became invalid when Ginimbi died.
The late businessman and socialite was laid to rest at his Domboshava home after leading a short, but lavish lifestyle.
Info News
Home Equity Loan vs. HELOC: Which Option Is Better?
Homeowners who have built equity may be able to borrow against their home through a home equity loan or a home equity line of credit, commonly called a HELOC. Both options use the home as collateral, but they work differently.
rnrn
A home equity loan provides a lump sum of money that is repaid over a set term with regular monthly payments. Many home equity loans have fixed interest rates, which makes payments predictable. This can be useful for one-time expenses such as a major home improvement project, debt consolidation, or a large planned purchase.
rnrn
A HELOC works more like a credit card. The lender gives you access to a line of credit, and you can borrow as needed during the draw period. HELOCs often have variable interest rates, meaning the payment can rise or fall over time. This flexibility can be useful for ongoing projects or uncertain expenses.
rnrn
The main advantage of a home equity loan is stability. You know how much you borrowed, what your payment is, and when the loan will be paid off. The main disadvantage is that you receive the full amount upfront, even if you do not need all of it immediately.
rnrn
The main advantage of a HELOC is flexibility. You can borrow only what you need, when you need it. The main risk is that variable rates can make payments unpredictable. Some borrowers may also be tempted to keep borrowing, which can increase debt.
rnrn
Before choosing either option, consider the risk. Because the loan is secured by your home, failure to repay could put your home at risk. Borrowing against home equity should be done carefully and for a clear financial purpose.
rnrn
Compare interest rates, fees, repayment terms, draw periods, closing costs, and whether the rate is fixed or variable. Also ask whether there are annual fees, early closure fees, or minimum withdrawal requirements.
rnrn
Home equity borrowing may make sense for improvements that increase property value or for consolidating high-interest debt with a clear repayment plan. It may not be wise for unnecessary spending or short-term lifestyle purchases.
rnrn
The best option depends on your goals. Choose a home equity loan if you need a fixed amount and predictable payment. Choose a HELOC if you need flexible access to funds over time.
rnrn
Before borrowing, compare lenders and review the full cost carefully.
rn
Cloud Computing Services Helping Businesses Scale Faster
Cloud computing services continue to transform modern businesses by improving flexibility, security, and operational efficiency. Instead of investing heavily in expensive physical servers, companies can now store data, run applications, and manage workflows through secure cloud platforms. This allows businesses to scale quickly while reducing hardware and maintenance costs.
rnrn
rnrn
Popular cloud solutions include Infrastructure as a Service (IaaS), Software as a Service (SaaS), and cloud backup systems. Businesses use cloud platforms for remote collaboration, cybersecurity, customer management, and disaster recovery planning. Companies adopting cloud technology often benefit from improved productivity and stronger data protection.
rnrn
rnrn
Cybersecurity remains one of the most important factors when selecting a cloud provider. Businesses should look for services offering multi-factor authentication, encrypted backups, and advanced threat monitoring. Choosing reliable cloud providers with strong uptime guarantees and compliance certifications helps organizations maintain secure and stable operations.
rnrn
rnrn
SEO Keywords: cloud computing services, business cloud solutions, secure cloud storage, SaaS platforms, cloud cybersecurity, enterprise cloud hosting, cloud backup services
rnrn
rn
