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Vol 54 No 22

Published 1st November 2013


Zimbabwe

Van Hoogstraten in airline sell-off

Air Zimbabwe is under new management and looks set for privatisation. The new board wants to borrow from the notorious entrepreneur and ZANU-PF donor Nicholas van Hoogstraten

The state-owned national airline, Air Zimbabwe, has approached controversial British tycoon Nicholas van Hoogstraten for cash to help revive its operations. The programme may result in its privatisation. Van Hoogstraten, long an admirer of President Robert Mugabe and a major donor to the governing Zimbabwe African National Union-Patriotic Front (ZANU-PF), is reportedly Zimbabwe’s biggest landowner.

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