Finance: Zimbabwean company becomes member of the "Trillionaire Club"

Zimre Holdings has announced that its asset portfolio had grown to a trillion dollars, joining Inscor Africa and OK Zimbabwe.

Zimre, which was founded through an Act of Parliament in 1984, with a seed capital of $2.5 million, announced at an analysts' briefing yesterday that the company's assets for the half-year to June 30 had gone up by 165% to $1,09 trillion. Zimre properties are currently valued at $205 billion.

Albert Nduna, CEO of Zimre was part of a controversial, three man consortium who through a through a company called Manyame Consortium, acquired a 30 percent interest in Metallon Gold Corporation.

Poverty? What poverty?