Tanzania: Fresh Blow for Acacia On Share Listing

Dar es Salaam — Troubled Acacia Mining Company is facing a new hurdle, with reports indicating that the mining giant is required to offload 30 per cent shareholding in its three main mines in Tanzania by the end of August.

Authorities have told the cross-listed multinational company that it will have to split the shares into three mandatory portions for listing at the Dar es Salaam Stock Exchange (DSE).

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