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Fidelity to issue $10m bond

HARARE – Fidelity Life Assurance of Zimbabwe (Fidelity) plans to issue a $10 million bond aimed at the development of 5 300 houses in Harare. The group’s chairman, Lawrence Tamayi, said they intended to raise an additional $5 million from the market after the initial $5 million bond floated early this year was oversubscribed. “The…

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