Econet Wireless Zimbabwe Limited is conducting a renounceable rights offer to raise approximately US$30.3 million to redeem outstanding debenture obligations, with an Extraordinary General Meeting scheduled for 7 August 2023 to seek shareholder approval. Qualifying shareholders as of 18 August 2023 may subscribe for 401,586,371 new ordinary shares at a price of US$0.0755 each, with the offer period running from 21 August to 8 September 2023.
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