Atlas courts ABC minority shareholders

ABC group CEO Doug Munatsi
ABC group CEO Doug Munatsi

London stock exchange listed, Atlas Mara, is set to complete the takeover of ABC Holdings. This comes after the firm announced an intention to buy out the remaining minority local and Zimbabwe shareholders in the banking group.

Atlas Mara has already snapped up 95,84 percent of ABC’s shares, paving way for the delisting of ABC Holdings from the local and Zimbabwe bourses, as the banking group transitions into a privately owned company.

ABC is the holding company for retail medium-sized banking entity, BancABC.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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