The Zimbabwe Asset Management Corporation (Private) Limited (ZAMCO) was established by the Reserve Bank of Zimbabwe in July 2014.
Please note that Tender No: ZAMCO/RFP/04/2020 DISPOSAL OF ZAMCO SHARES IN STARAFRICA CORPORATION LIMITED due date has been extended from 30/11/2020 to 18/12/2020
Read and get an insight of the most frequently asked questions about The Zimbabwe Asset Management Corporation (Private) Limited
ZAMCO’s mandate is set out in Section 57A (1) (a) to (c) of the Reserve Bank Act. The key mandate is “ To acquire, reschedule, dispose of, hold, manage or otherwise settle non-performing loans of banking institutions”
Committed to value preservation and enhancement in the Zimbabwean economy by:
- Assisting banks focus on their core mandate through freeing up
key resources tied in Non-Performing Loans (NPLs)
- Effectively resolving acquired NPLs
- Extracting maximum value from NPLs and or underlying assets.
- Resuscitation of distressed companies
To be an integral player in value preservation and stabilization of the Zimbabwean economy.