Almot Maqolo, Staff Writer 
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ZIMRE Holdings (Zimre) says it recently invested over US$2 million in Mozambique and is now focusing on Zambia, where it aims to meet local ownership requirements.
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Previously, the group stated that it would invest US$5 million in Malawi and Zambia as part of a wider strategy to expand market share and strengthen the firm’s competitiveness.
This comes after Zimre commissioned an independent actuary, Alexander Forbes of South Africa, to do an evaluation of all of its regional investments.
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