Econet Wireless Zimbabwe Limited has announced that shareholders approved the ordinary resolutions for the demerger and subsequent listing of Cassava SmarTech Zimbabwe Limited at its Extraordinary General Meeting held on 29 November 2018. However, the meeting was adjourned to 14 December 2018 to allow minority shareholders more time to consult on the proposed debenture-to-equity conversion, and investors are warned to continue exercising caution when dealing in the company’s shares.

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