Econet & RBZ create facility to help local shareholders participate in the operator’s US$130 million rights issue

By Nigel Gambanga

As a way of protecting local shareholders who were faced with the challenge of participating in the rights offer by paying for the new shares through a foreign currency deposit, RBZ and Econet have agreed that Econet will open a rights offer account with a local receiving bank.

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Econet & RBZ create facility to help local shareholders participate in the operator’s US$130 million rights issue

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