Zimbabwe's Transload Biodiesel loses bank backing

In Zimbabwe, the country’s national bank has pulled out of the Transload Ltd. biodiesel plant, which is a 50/50 joint venture between the country and Yuon Woo Investments of South Korea. The plant, which has been producing off and on for the past five years, needed at least a $650,000 capital injection last year. The bank has already offered bids for its 50% stake.