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IDC awaits Tanzanian investor response over Zimglass

NewsDay Staff ·

IDC awaits Tanzanian investor response over Zimglass

THE Industrial Development Corporation (IDC) is waiting for feedback from Tanzanian investors who recently expressed an interest in investing in struggling Zimbabwe Glass Industries (Zimglass).

By Victoria Mtomba
Business Reporter

IDC general manager Mike Ndudzo said on Wednesday that officials from Tanzania’s Kioo Limited were in the country recently to do a due diligence on Zimglass, the country’s sole manufacturer of glass packaging.

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