BUSINESS NEWS

Mushayavahu opens up on $29m offshore loan

FBC Holdings Ltd boss John Mushayavanhu says he bought a 51% equity stake in Zuva Petroleum through a 15-year $29,325 million off-shore loan from Glencore, businessdigest can reveal.In an interview th...

By Staff reporter | Published: 03 March 2014
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INDUSTRIALS & ENERGY

Mushayavanhu bags Zuva Petroleum

Businessman and FBC Holdings group chief executive officer John Mushayavanhu has successfully purchased Zuva Petroleum - former BP & Shell assets - from Masawara. This was after regulatory authori...

By Staff reporter | Published: 17 February 2014
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INDUSTRIALS & ENERGY

Mushayavanhu secures $24m to acquire 51% in Masawara Plc's energy portfolio

Local firm Woble Investments, owned by businessman and banker Mr John Mushayavanhu, has managed to secure US$24 million funding that was needed to acquire a controlling 51 percent in Masawara Plc's e...

By Business reporter | Published: 25 August 2013
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