Cottco targets ZSE return

Mutapa Investment Fund chief executive officer John Mangudya,

MUTAPA Investment Fund (MIF), a major shareholder in the Cotton Company of Zimbabwe (Cottco), plans to resume trading in the company’s shares on the Zimbabwe Stock Exchange (ZSE) next year.Cottco voluntarily suspended trading its shares in November 2014 due to its inability to settle debts totalling approximately US$56 million.This largely resulted from its failure to…

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