CTC okays Metro Peech, Heartgroove deal - The Standard
Heartgroove, through Gain, and Metro Peech are private companies involved in wholesaling and distribution of fast-moving consumer goods (FMCG) in Zimbabwe.
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Heartgroove, through Gain, and Metro Peech are private companies involved in wholesaling and distribution of fast-moving consumer goods (FMCG) in Zimbabwe.
FORMAL retailers have found themselves in a quandary again regarding pricing models to use in the highly volatile market after the domestic currency exchange rate resumed its free fall, making it difficult for traders to comply with regulatory guidelines on pricing. While the ripple effects of the currency volatility have started unraveling across the market,…
HARARE – Wholly-owned Sub-Sahara Capital Group (SSCG) subsidiary, Gain Cash & and Carry has taken over insolvent Metro Peech & Browne, one of the largest wholesale companies in the country for US$13,5 million. The deal was sealed late last year and this was confirmed by Metro Peech’s Corporate Rescue Practitioner, Oliver Mtasa in an exclusive…
According to the corporate rescue plan obtained by NewsDay Business, a number of prospective investors indicated an interest