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Troubled AirZim seeks $190m

HARARE – Beleaguered national flag carrier, Air Zimbabwe (AirZim), is pleading for a $190 million capital injection from its sole shareholder, government, to fund its revival. Saddled with a debt overhang of over $300 million, the State-run airline has an ambitious plan to acquire several planes, lease some and retire its debts. According to a…

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