Reggie Saruchera

Ferrochrome producer Zimasco (Private) Limited has won a judicial management order to preserve its assets amid revelations that the company was sitting on a ticking time-bomb related to its “toxic” environmental management policy.…
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Due to the liquidity crunch and financial crisis of 2003 and 2004 which affected the whole Zimbabwe financial market ENG Capital and many other financial services firms were negatively affected.
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The Affirmative Action Group wants the Reserve Bank of Zimbabwe to reinstate the licence of ENG Capital Group after it paid all its debts. The company, which held an investment company and asset management firm, wound up operations
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