ZimbabweHuchi Entertainment Shamiso Fred Biography| Profile, Age, Education, Controversies, ABWA Scandal, Fraud Allegations

Shamiso Fred Biography| Profile, Age, Education, Controversies, ABWA Scandal, Fraud Allegations

Shamiso Fred Biography| Profile, Age, Education, Controversies, ABWA Scandal, Fraud Allegations post thumbnail image

Shamiso Fred stands out as a notable Zimbabwean entrepreneur, farmer, and property developer, earning recognition for her diverse contributions to business and social causes. Hailing from Zimbabwe, Fred has played a pivotal role in several industries, notably agribusiness, health, and property development. This biographical account offers insight into her life, educational background, career, and noteworthy accomplishments, all while delving into the controversies that have marked her professional path.

Career

Dr. Shamiso Fred is a leading entrepreneur, farmer, and property developer in Zimbabwe. She serves as the CEO and Founder of the African Business Women Association (ABWA), dedicated to empowering women in various sectors.

Controversies

ABWA Zimbabwe Scheme Scandal (2022)

In October 2022, ABWA, under Shamiso Fred’s leadership, faced allegations resembling a Ponzi scheme, causing disruptions for over 2,000 investors.

Graft Allegations and Misappropriation of Funds (2022)

Allegations of misappropriating funds within ABWA led to a major scandal, involving accusations of diverting funds for personal use, purchasing properties, and engaging in activities outside the organization’s mandate.

Fraud Allegations (2023)

In November 2023, Shamiso Fred faced charges of defrauding clients in an egg and dairy business investment scheme, pleading not guilty and being granted bail.

Achievements

Despite controversies, Shamiso Fred holds a Doctorate in Business Administration and has received numerous awards for her contributions to the economy and society.

References

Stay informed with the latest news about Shamiso Fred from reputable sources including New Zimbabwe, Newsday, Nehanda Radio, ZimLive, The Herald, Zim Morning Post, and Spiked Media.

 

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