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Home Investment OK Zimbabwe’s majority shareholders back $30m rights issue, CEO says

Investment

OK Zimbabwe’s majority shareholders back $30m rights issue, CEO says

May 8, 2025

Grocery retailer OK Zimbabwe Ltd’s majority shareholders have agreed to back a $30m rights issue to cover a “funding gap” and stabilise the company’s financial position, its chief executive said.Source: Reuters/Siphiwe Sibeko”Most of the top five shareholders have indicated interest in following their rights,” CEO Willard Zireva told Reuters on Wednesday, 7 May 2025.Earlier this…

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