FINANCIAL SERVICES

Untu Capital foreign backers withdraw support

African Guaranteed Fund (AGF), the foreign backers of Untu Capital's bond issue, have withdrawn their support to the microfinance company citing Zimbabwe's current unpredictable economic environment, ...

By Staff reporter | Published: 06 February 2019
Facebook Tweet Google+

FINANCIAL SERVICES

Micro-finance firm raises $5 million capital

Micro-financE firm Untu Capital, has raised its targeted $5 million in an issuance of tradable bonds after successfully issuing the third and final tranche of $2 million on the Financial Securities Ex...

By Staff reporter | Published: 25 June 2018
Facebook Tweet Google+

FINANCIAL SERVICES

Untu lists on Finsec

UNTU Capital, yesterday listed its medium term note on the Financial Securities Exchange (Finsec) after announcing a 72 percent over-subscription of its initial public offer.This becomes the third fix...

By Staff reporter | Published: 30 January 2018
Facebook Tweet Google+

FINANCIAL SERVICES

Untu to raise $1 million from mobile note

Micro-financier Untu Capital is set to raise $1 million from the country's first mobile-based retail note, a move set to enhance financial inclusion.The retail note, U-Gain, is targeting ordinary Zimb...

By Staff reporter | Published: 14 December 2017
Facebook Tweet Google+

FINANCIAL SERVICES

Untu Capital seeks to raise $5m

A local microfinance institution, Untu Capital, is seeking to raise $5 million through listing on the Financial Securities Exchange (Finsec) Alternative Trading Platform board before year end.The prop...

By Staff reporter | Published: 30 November 2017
Facebook Tweet Google+
Pages:
1
Business Daily Zimbabwe

Latest News

  1. 1 Mnangagwa stuffs cabinet with family, loyalists
  2. 2 Protesters plan Beitbridge Border Post shutdown
  3. 3 Zimdollar future hangs in the balance
  4. 4 Dutch firm blocked from purchasing Astra Industries parent company
  5. 5 David Coltart elected Bulawayo mayor
  6. 6 NRZ targets US$1m from property leases
  7. 7 Zimbabwe's new MPs to declare assets
  8. 8 Ian Makone elected Harare mayor
  9. 9 Varun Beverages in expansion drive
  10. 10 IDBZ resolute in supporting NDS1

Latest Published Reports

Latest jobs