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Asian billionaire’s failed bid for Tuli

HARARE – Tuli Coal (Private) Limited (Tuli) remains in limbo after the Reserve Bank of Zimbabwe (RBZ) frustrated Singaporean billionaire Sukamto Sia’s $40 million bid for the Beitbridge-based mining asset. The Asian investor, who had been introduced to the Zimbabwean market by known business broker and personal friend Wicknell Chivayo, has been waiting in the…

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