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FBC Holdings submits recapitalisation plan

HARARE – Zimbabwe Stock Exchange-listed diversified financial services provider FBC Holdings Limited (FBCH) says it has submitted a fresh recapitalisation plan to the Reserve Bank of Zimbabwe (RBZ) following the extension of the $100 million deadline to 2020. John Mushayavanhu, FBCH group chief executive told shareholders at the company’s annual general meeting on Thursday that…

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