Mauritian firm buys Edgars

STRUGGLING South African retail group Edcon says it has sold its shareholding in Edgars Stores in Zimbabwe (Edgars) to service some of its debts.Advertisements The firm, which held a 41 percent stake in Edgars, recently concluded a deal with lenders, South African landlords and the Public Investment Corporation as part of a restructuring plan to…

Subscribe to read full article. Subscribe today

Related posts

Power cuts set to be amplified. . . as key generators at Hwange are taken off the grid

US dollar is here to stay, government informed

Tax incentives draining Zimbabwe’s coffers: WB

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More