News
05 February 2020

Trafigura to take 100% control of its Zimbabwe fuel import business

In:
Oil & gas
Region:
Middle East & Africa

Commodities trader Trafigura will take control of its Zimbabwe business after buying out local partner Sakunda Holdings, which is owned by a businessman close to President Emmerson Mnangagwa’s government. Trafigura will increase its stake in Trafigura Zimbabwe to 100%, from 49%. The rest...

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