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Companies

Govt to surrender Fidelity Printers

The government could surrender part of its shareholding in Fidelity Printers and Refineries to local investors after announcing that it requires $50 million to recapitalise the State-owned entity.

Companies

African Sun to settle lease wrangle with Dawn Properties

Listed hospitality group African Sun Limited (ASL) plans to settle its lease wrangle with Dawn Properties by the end of next month, chief executive officer Shingi Munyeza said on Wednesday.

Companies

SECZ examines M&R deal

The Securities Commission of Zimbabwe (SECZ) has begun scrutinising the recent acquisition of construction giant Murray and Roberts (M&R) Zimbabwe amid suspicions that the transaction was shrouded in irregularities.

Companies

Barnstone completes clearance

A SA-based executive advisory services firm, Barnstone, has completed the clearance of backlogs and uncaptured transactions at Zimbabwe’s Accountant-General’s Office after it became apparent systems had become inefficient and obsolete.

Companies

Zim companies among Africas best

Econet Wireless, Innscor Africa and Delta Corporation have been ranked among the top 250 companies on the continent.

Companies

Hoogstraten gave me $25 million: Buyanga

Hamilton boss Frank Buyanga has revealed that he received $25 million from the controversial British property tycoon, Nicholas van Hoogstraten, in 2008.

Companies

Delta EPS up 38%

A slump in the tourism industry has reduced beer consumption in Matabeleland provinces as Harare, Mashonaland West and Masvingo continue to dominate as beer-gulping regions.

Companies

Sable conduct an impact assessment

Sable Chemicals Industries has invited bids to carry out an environmental impact assessment (EIA) study at its plant in Kwekwe as it moves to implement the coal gasification technology.

Companies

Outcry over M&R deal

The acquisition of construction giant Murray and Roberts (M&R) Zimbabwe by a consortium of local and foreign investors could turn sour amid reports that aggrieved minority shareholders lodged a complaint against the transaction.

Companies

Insurance sector shake-up looming

A major shake-up is looming in the insurance industry as the regulatory body plans to raise minimum capital requirements for the sector.

Outcry over M&R deal
Outcry over M&R deal The acquisition of construction giant Murray and Roberts (M&R) Zimbabwe by a consortium of local and foreign investors could turn sour amid reports that aggrieved minority shareholders lodged a complaint against the transaction.