Zimbabwe News

‘Queen Bee’ buys chrome miner

A group of investors led by Sakunda Holdings founder and chief executive Kuda Tagwirei has reportedly acquired a majority stake in Zimbabwe Alloys (ZimAlloys) for $30 million, sources say.

Although one of the company’s principal owners and Benscore shareholder Farai Rwodzi has denied knowledge of a deal with the oil baron.

More to follow…

Source: MbareTimescom