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Meikles Limited says it is in a good position to continue with its expansion projects due to its sound and stable financial situation, with cash and bank balances amounting to more than US$19 million. Mr Thabani Mpofu, the group’s secretary said the business remained optimistic about its prospects despite the evolving challenges in the operating…
Ncube announced in a Government Gazette that government had signed a US$88 million loan deal with Obey Chimuka’s Fossil Mines (Pvt) Ltd to find the project at an interest rate of 5% per annum.
“We didn’t start big, but over the years we have recorded amazing growth thanks to our hard work, quality workmanship as well as high regard for the client,” Changweya said.
The interchange project is planned to be completed within one and a half years.