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Masawara plans to invest in Zimbabwean economy
Wed, 08 Feb, 2012
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Masawara plans to invest in Zimbabwean economy
Mon, 2 Aug 2010, 12:37:00
<b>Masawara</b> plans to raise $25m when it floats on AIM later this month to invest in "the recovery of Zimbabwe's economy." The group, which will have a market cap of around $80m, said it sees "significant potential returns" in the next five years from investment in telecommunications, mining and agriculture. On admission, the company said it will hold two investments, one in a commercial property in Harare and the other an investment in TA Holdings Limited, a company listed on the Zimbabwe stock exchange.
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