Zimbabwe: NMBZ, MBCA Talks Collapse
12 September 2002 By Leonard Makombe Harare — THE planned acquisition of one of the country’s oldest merchant banks, Merchant Bank of Central Africa Limited by NMBZ Holdings Limited has hit a brick wall. While the collapse in the negotiations was least expected, it could be a welcome relief to workers at the two merchant banks who were uncertain about their future. Management at NMBZ and MBCA…









