ZSE says $500m needed for recapitalisation

The Zimbabwe Stock Exchange today said a “minimum” of US$500 million is needed urgently for listed firms’ recapitalisation projects. Some of the firms that needed urgent recapitalisation were AICO Limited which needs $40 million, Rio Zimbabwe Limited ($80 million), Hwange Colliery Company Limited ($100 million), and TA Holdings Limited ($100 million).

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