Zimbabwe: High Court Throws Out Sam Levy Heir's Urgent Bid Over Family Company Dividends

What the report says

Zimbabwe’s High Court has dismissed an urgent application by businessman Isaac Samuel Levy, who had asked for the reinstatement of dividends and other payments from family-owned companies linked to the estate of the late property developer Sam Levy. According to the report carried by New Zimbabwe and distributed by AllAfrica, Justice Benjamin Chikowero ruled that the matter did not justify immediate treatment because the same claims were already being pursued in a separate High Court case.

Levy brought the case against his sister, Julia Naile Naome Aryeh, his brothers Maurice Samuel Levy and Raymond Samuel Levy, and against Farmex (Private) Limited and Mutual Finance (Private) Limited. The dispute is part of a broader family and business battle involving companies associated with Sam Levy’s businesses in Harare. The court also ordered Levy to pay legal costs.

The judgment said Levy had already filed summons seeking the same relief, including alleged withheld dividends and remuneration, before launching the urgent application. He argued that payments were cut off after he challenged a disputed power of attorney and a US$15 million acknowledgement of debt. The judge accepted that Levy acted quickly, but said speed alone did not make the case urgent and found no irreparable harm that required immediate intervention.

The ruling means the underlying dispute will continue through the normal court process, where the broader claims over alleged forgery, duress and unpaid benefits are expected to be addressed.