Africa IPO round-up

Roundup of some recent initial public offers (IPOs) of shares which raised capital for businesses listed on Africa’s stock exchanges.

Zimbabwe Minister “blocks” Duration gold miner’s Toronto SE listing

According to media reports, Zimbabwe’s Indigenization Minister Saviour Kasukuwere is declining to give permission for leading gold miner Duration Gold to raise US$7 mn by listing on the Toronto Stock Exchange, using powers to block equity deals if he is not sataisfied the company complies with indigenization rules introduced last March.