Business »
Monday, 10 December 2012 11:03
HARARE - The African Export and Import Bank (Afreximbank) says it will increase its lending capacity to Zimbabwe to $800 million as part of efforts to enhance economic growth of the southern African country. Jean-Louis Ekra, Afreximbank president, last week said...Read More
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Business »
Saturday, 01 December 2012 13:10
HARARE - National Social Security Authority (Nssa) has increased its stake in Africa First ReNaissance Corporation (Afre) to over 70 percent following the under subscription of the latter’s $8,6 million rights offer. The Zimbabwe Stock Exchange-listed Afre intended to use the...Read More
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Business »
Friday, 05 October 2012 17:02
HARARE - Africa Reinsurance Corporation Limited (Afre) is poised to launch a rights issue to raise $8,631 million towards recapitalising the company and buttress itself from the impact of the liquidity crunch. SheilaLorimer, company secretary said the group’s capital raising initiative...Read More
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