Zimbabwe: MASHCO Abandons Listing Plans

28 February 2008

Harare — MASHCO, the giant agro-retailer, has abandoned plans to list on the Zimbabwe Stock Exchange anytime soon.

Instead, the group is now more focused on consolidating its business, says Mashco managing director Mr Douglas Ngwashu. The MD said that the group "had not placed high priority on listing" despite having made public their plans to join the local bourse five years ago.

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