Econet gets shareholders’ nod to raise US$30.3m
BUSINESS REPORTER Zimbabwe’s largest mobile network operator, Econet Wireless Zimbabwe Limited, has secured approval from shareholders to raise US$30.3m through a rights issue in order to redeem outstanding debentures, Business Times can report. The debentures were issued in March 2017 as a part of a capital raise for US$128m to pay external creditors. The debentures are…
