OLD Mutual Zimbabwe (OMZ) says it mobilised and disbursed US$110,9 million in funding for export-oriented businesses during the first six months of 2023. Chief executive of OMZ, Samuel Matsekete, said the aim was to provide companies with long-term finance to enhance production capacity and boost exports. “We are enhancing the value proposition in the banking…
ZIMPLATS says it has committed US$35,4 million to fund the first phase of its 35 megawatts (MW) solar plant at the Selous Metallurgical Complex, against a budget of US$37 million. In a trading update, the platinum group metals (PGMs) producer said it obtained a 185MW power generation licence last year, which is scheduled for completion…
AMALGAMATED Regional Trading (Art) says it will leverage on its global sourcing partners to deliver cost-competitive raw materials. This comes as the diversified group had previously raised concerns about raw materials shortages impacting its operations. “The increased capacity and new equipment will enable us to deliver a wide range of quality products to our customers,”…
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