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Boost for Zim investment climate

Three missions from a World Bank-administered trust fund are in the country to help Zimbabwe improve its business environment climate, support reform of State-owned enterprises and efforts to strengthen the poverty and equity focus of public spending.

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econet

Econet in $130m rights offer

ECONET Wireless Zimbabwe plans to raise $130 million in capital through a rights offer of ordinary shares and linked debentures in order to facilitate the servicing of obligations to its foreign lenders, according to an abridged circular to shareholders.

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