HARARE – NMB Bank Limited (NMB) has acquired a 40,16 percent stake in Zimre Holdings Limited (ZHL) after taking up nearly 82 percent unsubscribed shares in the insurance group’s $15 million rights issue. The bank underwrote the rights issue — aimed at raising funds to strengthen ZHL’s capital base and finance business growth — which…
NMB snaps up 40pc ZHL stake
