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Mozambique: Over a Billion Cahora Bassa Shares Sold

Published on: Wednesday 17 July 2019

Mozambique: Over a Billion Cahora Bassa Shares Sold 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.



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