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TZ held the inaugural golf fundraiser last year and one of the country's top triathletes Andie Kuipers, who is based in the United States of America, took part in the event.
His appeal was thrown out by the High court which ruled in favour of the State noting that there was nothing to support the claim that there was a conspiracy against him.
Kuipers is currently in the country where she is set to take part in the Bonaqua Africa Triathlon Cup which takes place at Troutbeck in Nyanga tomorrow.
Speaking at a press briefing on Wednesday in Harare last week, event director Rick Fulton said the aim was always to see the continued growth of the flagship triathlon event.