Omega Ukama 
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A CONSORTIUM of local pension funds’ plans to acquire Namibia’s Grove Mall in a record US$113 million deal – led by Bard Santner Investors (BSI) – has been welcomed by analysts, saying it will preserve value amid rising inflation in Zimbabwe.
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With the monthly rise in the cost of goods inflation quickening to 192 percent in June – from 132 percent the prior month – this has continued to affect all classes of investments, especially long-term retirement monies, and it was the first time it had risen to three digit figures since June last year.
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