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Zimplats concludes 10% equity sale under vendor financed loan structure

00Zimplats concludes 10% equity sale under vendor financed loan structure HARARE – Zimplats Holdings says its operating subsidiary, the Zimbabwe Platinum Mines (Private) Limited has concluded the issuance of a 10% equity stake to its Employee Share Ownership Trust. In a statement Chief Executive Officer Alex Mhembere said the Trust acquired the 10% equity stake for…

Export targeting not an end in itself – BMI

00Export targeting not an end in itself – BMI HARARE – Increasing exports alone will not be an end in itself in Zimbabwe as structural weaknesses within the country’s balance of payments position, a high degree of political risk and weak productivity will weigh down such prospects, an economic analysis paper published yesterday by BMI…

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