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NMBZ shareholder backbone strengthened

HARARE – Arise, an investment company formed by a partnership between Norfund, a Norwegian investment fund, FMO, a Dutch development fund and Rabobank, a Dutch commercial bank, is now NMBZ’s second largest shareholder with 17,98 percent shareholding. This follows the purchase of 69,14 million shares by Arise from Norfund and FMO in NMBZ. African Century…

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