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Recent company sales in Zimbabwe send signals on government's preferred bidders zimbabwesituation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zimbabwesituation.com Daily Mail and Mail on Sunday newspapers.
Recent company sales in Zimbabwe send signals on government's preferred bidders thezimbabwean.co - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thezimbabwean.co Daily Mail and Mail on Sunday newspapers.
In 2017, when Barclays sold its Zimbabwe business to FMB Capital, a foreign bank, it became political fodder. At a rally, Kudzanai Chipanga, then leader of ZANU PF’s youth league, screamed: “We are worried that Barclays is being bought by a foreign bank instead of locals. This raises the risk of foreigners sabotaging us.” Opposition… ....
In 2017, when Barclays sold its Zimbabwe business to FMB Capital, a foreign bank, it became political fodder. At a rally, Kudzanai Chipanga, then leader of ZANU PF’s youth league, screamed: “We are worried that Barclays is being bought by a foreign bank instead of locals. This raises the risk of foreigners sabotaging us.” Opposition ....
South Africa’s Tongaat Hulett is to sell its sugar estates, including those in Zimbabwe, to Kagera Sugar, one of East Africa’s largest sugar producers. This is part of a plan to rescue Tongaat Hulett group, which has struggled for survival since 2019, hurt by corporate scandals and debt. “The proposed transaction will comprise the acquisition ....