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Stanchart eyes more Zim deals

HARARE – Standard Chartered Bank’s (Stanchart)private equity arm is looking for more deals in Zimbabwe betting on a rise in consumer spending after years of hyperinflation, a senior executive said. The British bank, whose private equity business has assets under management of about $4,5 billion, made an investment in Zimbabwean agri-business Ariston Holdings through one…

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