New Dawn In Talks With Zim Govt, Considers Listing

Toronto-listed New Dawn also said it is seeking partners among Zimbabwe’s black-owned investment companies and pension funds and is considering a listing on the Harare-based Zimbabwe Stock Exchange. New Dawn owns three gold mining companies in Zimbabwe.
Miners in Zimbabwe have until May 9 to show how they will comply with the law, known as the Indigenization and Empowerment Act. The law requires all foreign-owned companies and all companies owned by white Zimbabweans with assets of more than $500,000 to dispose of 51 percent of shares to black Zimbabweans.