Caps Holdings

The government has appointed a new board for the country’s largest pharmaceutical company, CAPS (Pvt) Ltd, led by Mr Nyaradzai Matondo.
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Finance minister Patrick Chinamasa says government has assumed pharmaceutical manufacturer, CAPS Holdings (CAPS)’s, legacy debt. Despite growing calls for government to stop warehousing State enterprises’ debt, Chinamasa said…
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HARARE - Businessman Frederick Mutanda has filed a lawsuit against the government of Zimbabwe for wrongful arrest on charges of breaching the Exchange Control Act.
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HARARE - Zimbabwe's beleaguered businesses have suffered from an unrelenting wave of forced sales, which have prevented them from realising true value from their assets to help extricate them from debts.
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HARARE - Central African Pharmaceuticals (CAPS) Holdings is on the brink of collapse after the High Court Sheriff ordered the sale of some of its assets to pay money owed to the Commercial Bank of Zimbabwe (CBZ).
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