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NRZ Pension Fund launches $8 million REIT IPO

BULAWAYO - In a move to revitalize its real estate portfolio and offer enhanced pension benefits, the NRZ Pension Fund has launched an Initial Public Offering (IPO) for its Revitus Real Estate Investment Trust (REIT). The fund is seeking to raise $8 million by selling 121,378,791 units priced at $400 each. The offering commenced today…

The Herald - Breaking news

The Herald - Breaking news
herald.co.zw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from herald.co.zw Daily Mail and Mail on Sunday newspapers.

ZSE starts implementing tighter trading measures

HARARE - The Zimbabwe Stock Exchange (ZSE) says it has started implementing the measures introduced by the Government last month for tighter trading conditions as part of initiatives to tackle speculative behaviour hurting the domestic currency. On May 07, the Government announced a raft of measures as part of efforts to remove speculative activities in…

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