Zimplow reopens property sale talks

Zimplow Holdings Group chief executive Willem Swan (left) with chairman Benjamin Kumalo, centre, and finance director Charles Chaibva.

ZIMPLOW Holdings (Zimplow) has reopened discussions with prospective buyers for a US$3,2 million Harare property after terminating an earlier sale agreement approved by shareholders. The move forms part of the group’s strategy to recycle capital from non-core assets into higher-return operational investments. The Victoria Falls Stock Exchange-listed company had previously entered into an agreement with…

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