ZAMCO clears $250m of NPLs

THE ZIMBABWE Asset Management Company (ZAMCO) says it has so far cleared over $250 million of non-performing loans (NPLs) it acquired prior to entering the resolution stage on April 2017. Cosmas Kanhai, the company’s chief executive, said the company was on course to recover $1.13 billion from non-performing loans… Read More


Delta puts new plant on hold

DELTA Corporation (Delta) says it has to put some construction phases of its Chibuku Super plant in Rusape on hold due to foreign currency shortages. The shortage of foreign currency in Zimbabwe has not only hampered government efforts to boost economic growth, but has also seen companies failing to import... Read More 


Industry keeps eyes on bills

CZI on behalf of business is keeping a close eye and making contributions towards a number of Bills which are scheduled to come before parliament in due course. These Bills have both direct and in direct impact hence the need to ensure that industry voice is continuously represented so as... Read More


German Senior Experten Services (SES)

The German Senior Expert Service are continuing to provide their service to business in Zimbabwe and recently hosted a workshop to highlight how local industries can access their services. SES is Germany’s leading volunteering organisation for experts and executives who are either retired or taking some time off from their... Read More


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