LANDS & AGRICULTURE

Govt moves to recapitalise CSC

Government has moved closer to concluding a deal to recapitalise the Cold Storage Company (CSC) with potential investors, Lands, Agriculture and Irrigation Development Minister Perrance Shiri has said...

By Staff reporter | Published: 12 July 2018
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INDUSTRIALS & ENERGY

General Beltings seeks $2 million to recapitalise

THE country's sole manufacturer of conveyor belts, General Beltings Holdings needs about $2 million to recapitalise its operations to fortify its surge towards profitability and robust growth.General ...

By Staff reporter | Published: 08 July 2018
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INDUSTRIALS & ENERGY

Chemplex seeks $40m to fully recapitalise

THE country's biggest fertiliser and chemical manufacturer, Chemplex Corporation Limited requires more than $40 million to fully recapitalise its operations.Chemplex Corporation chief executive office...

By Staff reporter | Published: 03 September 2017
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CONSTRUCTION & PROPERTY

Govt urged recapitalise engineering sector

The government has been advised to recapitalise the engineering sector and effectively utilise its broad-based skills to harness revenue for the potential growth of the industry.Lack of investment and...

By Staff reporter | Published: 26 July 2017
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INDUSTRIALS & ENERGY

Textile industry needs $200m to recapitalise

ZIMBABWE'S textile industry needs at least $200 million in the short to medium term to recapitalise, according to a latest study on the country's cotton and clothing industry. About $50 million is req...

By Martin Kadzere | Published: 10 July 2014
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INDUSTRIALS & ENERGY

Datlabs needs $5 million to recapitalise

ZIMBABWE imports medicinal products such as drips yet it could manufacture them locally but due to lack of capital, manufacturing plants are lying idle.Pharmaceuticals and Personal Care Products Manuf...

By Lulu Brenda Harris | Published: 13 February 2014
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FINANCIAL SERVICES

RBZ urges struggling banks to recapitalise

THE Reserve Bank of Zimbabwe (RBZ) has urged banking institutions facing operational constraints to take concrete steps towards recapitalisation amid concerns that potential suitors are reluctant to i...

By Staff reporter | Published: 05 February 2014
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INDUSTRIALS & ENERGY

IDC to recapitalise Chemplex subsidiaries

THE Industrial Development Corporation will seek Government approval to borrow $10 million to $15 million to recapitalise Chemplex Corporation's subsidiaries, Dorowa Minerals and ZimPhos. IDC, wholly ...

By Staff reporter | Published: 16 January 2014
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BUSINESS NEWS

Govt pledges to recapitalise IDC

The Ministry of Industry and Commerce has submitted a proposal to Treasury for $100million that will be used as seed capital to recapitalise the Industrial development Corporation (IDC) and other stat...

By Staff reporter | Published: 30 October 2013
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BUSINESS NEWS

Bulawayo industries to recapitalise

Captains of industry in Bulawayo say there is need for business entities to come together and strategise on ways to recapitalise the industry.Former Bulawayo National Chamber of Commerce chairperson a...

By Business reporter | Published: 07 August 2013
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