Chemco to De-List From Zimbabwe Exchange, Newsday Reports
Chemco Holdings Ltd. (CHEMCO), a Zimbabwean chemical company, plans to de-list from the country’s stock exchange, Newsday said, citing Anthony Mandiwanza, Chemco’s chairman, and Chief Executive Officer Washington Matsaire.
De-listing from the Zimbabwe Stock Exchange will save the company about $500,000 and has the approval of Chemco’s controlling company, Harare-based TSL Ltd. (TSL), Newsday said on its website.
No date has been set for de-listing, Harare-based Newsday added.
To contact the reporter on this story: Brian Latham in Johannesburg at in Harare at firstname.lastname@example.org.
To contact the editor responsible for this story: Antony Sguazzin in Johannesburg at email@example.com.
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.