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Zimbabwe • South African tycoon Mzi Khumalo risks losing control of his gold mines
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SA Tycoon Mzi Khumalo Risks Losing Zimbabwe Gold Mines Over $70m Unpaid Debt
SA Tycoon Mzi Khumalo Risks Losing Zimbabwe Gold Mines Over $70m Unpaid Debt South African tycoon Mzi Khumalo is at risk of losing control of the Zimbabwean gold mines he has owned for more than two decades after failing to pay a $70 million purchase price for the assets. The money is owed for Bulawayo […] The post SA Tycoon Mzi Khumalo Risks Losing Zimbabwe Gold Mines Over $70m Unpaid Debt first appeared on The Zambian Observer.
·Zambia
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More than two years after the sale of Pound53.2 million from Bulawayo Mining Co, this amount has still not been cashed by the British judicial administrators of the active gold company in Zimbabwe.
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