Zesa Enterprises seeks $12 million capital

ZESA Holdings’ subsidiary, Zesa Enterprises (Zent), says it requires at least $12 million for recapitalisation.

Zent business development and marketing manager Fabian Vere told Energy minister Dzikamai Mavhaire last week that the required money would clear the company’s debts and provide working capital.

“We need between $10 million and $12 million to recapitalise operations and that will see improvement on capacity,” Vere said.

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