CAPS Gets Shot In The Arm

CAPS Gets Shot In The Arm

Government has availed $27 million for the recapitalisation CAPS Pharmaceuticals (Pvt) Ltd which has been facing financial constraints since the introduction of the multi-currency regime in 2009, Industry and Commerce Deputy Minister Chiratidzo Mabuwa has said.

Speaking during a tour of manufacturing firms in Gweru, Deputy Minister Mabuwa said the Ministry of Finance and Economic Development had availed funds to revive the pharmaceutical giant.

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