Mozambique: Over a Billion Cahora Bassa Shares Sold
Published on: Wednesday 17 July 2019
Hidroelectrica de Cahora Bassa (HCB), the company which operates the Cahora Bassa dam on the Zambezi in the western Mozambican province of Tete, found that demand for its shares was such that, in the public sale of shares that ran from 17 June to 12 July, it sold not the 2.5 per cent of its shares initially planned, but four per cent.
News source: https://allafrica.com/stories/201907170820.html