FINANCIAL SERVICES

First Capital Bank shelves unbundling of non-core assets

FIRST Capital Bank, formerly Barclays Bank Zimbabwe has indefinitely suspended the proposed unbundling of non-core assets for listing on the Zimbabwe Stock Exchange (ZSE). In a statement regarding the...

By Staff reporter | Published: 29 January 2019
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FINANCIAL SERVICES

First Capital Bank approves unbundling of non-core assets

FIRST Capital Bank, formerly Barclays Bank Zimbabwe, has approved the unbundling of non-core assets set for listing on the Zimbabwe Stock Exchange (ZSE). In a renewal of cautionary statement to shareh...

By Staff reporter | Published: 01 January 2019
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TRANSPORT & TOURISM

CAAZ unbundling gets official nod

Government has enacted a law that will see the unbundling of the Civil Aviation Authority Zimbabwe (Caaz) and the establishment of a separate entity, the Airports Company of Zimbabwe.The Civil Aviatio...

By Staff reporter | Published: 27 July 2018
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INDUSTRIALS & ENERGY

Seed Co unbundling 71% in Seed Co International

SEED Co Limited board has proposed to its shareholders to partially unbundle 71% of its Seed Co International Limited shares by way of a pro rata dividend-in-specie distribution as part of a strategy ...

By Staff reporter | Published: 18 July 2018
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BUSINESS NEWS

CAAZ unbundling under threat

Caaz into regulatory and operational entities which was scheduled to be completed by the end of this year is facing fresh challenges amid indications that senior management at the State entity are scu...

By Staff reporter | Published: 22 September 2017
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INDUSTRIALS & ENERGY

Innscor unbundling forges ahead

Innscor Africa Limited (Innscor) has tasked its executive director for corporate finance, John Koumides, to lead an advisory committee implementing the separate listing of the group's fast-food busine...

By Staff reporter | Published: 24 June 2015
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BUSINESS NEWS

Cabinet approves CAAZ unbundling

CABINET has approved a plan to unbundle the Civil Aviation Authority of Zimbabwe (CAAZ) into two entities, a move which is expected to create a competitive regional aviation hub in the country.CAAZ, w...

By Staff reporter | Published: 17 April 2014
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BUSINESS NEWS

Zinwa unbundling underway

The Ministry of Water, Environment and Climate has begun the process of unbundling the Zimbabwe National Water Authority (Zinwa). Water, Environment and Climate Minister Savior Kasukuwere told parliam...

By Staff reporter | Published: 13 March 2014
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