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ZSE suspends Hwange

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Hwange Colliery Company Limited (Hwange) has been suspended from the Zimbabwe Stock Exchange (ZSE) after the troubled coal miner was placed under administration. Last week, Justice minister Ziyambi Ziyambi — using the Reconstruction of State-Indebted Insolvent Companies Act — appointed DBF Capital co-founder, Bekithemba Moyo, to lead a team tasked to revive Hwange. “The suspension…

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