Murray & Roberts Zimbabwe Plans Name Change, Daily News Says

Construction company Murray & Roberts Zimbabwe Ltd. (MAR) will seek shareholder approval to change its name to Masimba Holdings Ltd., the Daily News said, citing a company statement.

The name change follows the sale of 46.5 percent of the company held by South Africa’s Murray & Roberts Holdings Ltd. (MUR) to Zumbani Capital (Pvt) Ltd., the Harare-based Daily News said on its website. Shareholders will be asked to approve the name change at the company’s annual general meeting Dec. 13 in Harare, the newspaper reported, citing the statement.

To contact the reporter on this story: Brian Latham in Johannesburg at blatham@bloomberg.net.

To contact the editor responsible for this story: Nasreen Seria in Johannesburg at nseria@bloomberg.net.

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