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Hwange draws down $6m BancABC loan

HARARE – Listed Hwange Colliery Company Limited (Hwange) has drawn down $1,8 million from a $6 million BancABC loan. Its managing director, Thomas Makore, said the drawdown period for the funds, earmarked as working capital for the hard pressed coal producer, is three months. “So far we have drawn 30 percent of the $6 million,”…

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