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FBCH pursues offshore credit lines

HARARE – Diversified financial services group FBC Holdings Limited (FBCH) says it is negotiating multi-million dollar offshore credit lines to help ease the prevailing liquidity challenges. John Mushayavanhu, FBCH’s chief executive, yesterday said the group’s new Mauritian-based shareholder ShoreCap II Limited (ShoreCap) was facilitating the transactions. “We have been talking to potential clients who are…

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