Econet Wireless Zimbabwe Limited has announced that its Extraordinary General Meeting scheduled for 3 February 2017 will proceed as planned to consider its proposed rights offer, rejecting a postponement directive from the Zimbabwe Stock Exchange Board due to a lack of jurisdiction. To facilitate domestic participation, the company has partnered with the Reserve Bank of Zimbabwe to allow resident shareholders to pay in local currency into designated accounts, with the underwriter paying the foreign currency equivalent to the international receiving bank.

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