INDUSTRIALS & ENERGY

RBZ disposes Astra stake to Kansai Plascon

Reserve Bank of Zimbabwe has disposed 49 percent of its 63 percent stake in the Astra industries to a Japanese paint manufacturing giant Kansai Plascon in a deal worth $5,5million.The disposal is part...

By Staff reporter | Published: 26 September 2013
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INDUSTRIALS & ENERGY

New board for Astra Industries

COMMERCIAL lawyer Mr Addington Chinake has been appointed chairman of Astra Industries following the acquisition of the company's 63 percent by a local firm, Hemistar Investments.Former chairman Dr Ch...

By Business Reporter | Published: 30 July 2013
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INDUSTRIALS & ENERGY

Kansai invests in Zimbabwe

African paint manufacturer, Kansai Paint, has partnered with the management and staff of Zimbabwean group Astra Industries to buy a 63.25 percent interest in the company from the Finance Trust of Zim...

By Business reporter | Published: 29 July 2013
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