ZEEX is set to launch its first IPO tomorrow, a milestone for Zimbabwe's new small business exchange.
Mwana Group, a Msasa-based maker of truck filters that also sells spare parts and lubricants and runs a workshop will seek to raise US$1 million at 5 US cents a share, with applications open to individuals from US$100.
The founder brings 15 years at Daimler, and the plans are bold: 1,000 filters a day, 15 outlets and a locally assembled tractor.
Mwana Group, a Msasa-based maker of truck filters that also sells spare parts and lubricants and runs a workshop will seek to raise US$1 million at 5 US cents a share, with applications open to individuals from US$100.
The founder brings 15 years at Daimler, and the plans are bold: 1,000 filters a day, 15 outlets and a locally assembled tractor.