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Enacy Mapakame Construction firm Masimba Holdings Limited is tapping into its vast land banks across the country, converting them into residential developments to deliver thousands of stands and houses. The Zimbabwe Stock Exchange (ZSE) listed firm has land banks distributed across towns like Bulawayo, Chiredzi, Kwekwe, Harare and Shurugwi. The land banks are dominated by […]
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Nelson Gahadza Business Reporter Hotel group, the Rainbow Tourism Group (RTG) has forecast robust revenue performance in 2024 driven by the recovery of regional and international business. This comes as the group in the year ended December 31, 2023 achieved a 126 percent growth in revenue to $266,3 billion from $117,7 billion in 2022 largely […]
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Business Reporter FIRST Capital Bank (FCB) says it has engaged the African Development Bank (AfDB) and Trade Development Bank (TDB) for fresh lines of credit after significant drawdowns on previous loans. The drawdown on €12,5 million from the European Investment Bank has reached while 30 percent has been used on the US$20 million facility secured […]
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