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Cambria sues Lonrho for $10m

HARARE – Southern Africa-focused investment group Cambria Africa Plc (Cambria) has filed a $10 million lawsuit against Lonrho in the United Kingdom High Court over alleged mismanagement and fraudulent misrepresentation in contracts. Cambria — formerly Lonzim — said it seeks to rescind a $2,7m settlement it received from Lonrho in July last year and institute…

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