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Home » Shabanie Mashava to sell GB stake
Companies & Markets

Shabanie Mashava to sell GB stake

written by Omega Ukama 0 comments
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SHABANIE Mashava Mines Holdings (SMM) is in negotiations to sell its 43 percent stake in conveyor belts manufacturer, General Beltings Holdings (GB). The troubled asbestos producer, which was mothballed 15 years ago, and has been under administration for more than a decade, has been selling assets to clear its huge debt to pave way for…

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