Bloomberg News

Zimbabwe’s Aico Africa Renews Issues Cautionary Statement

January 12, 2012

Jan. 12 (Bloomberg) -- Aico Africa Ltd. of Zimbabwe, sub- Saharan Africa’s biggest cotton-ginning company, renewed a cautionary statement.

“Directors are still involved in negotiations for a potential transaction which, if successful, could have a material impact on the price of the company’s shares,” the company said in a announcement published in the Harare-based Herald newspaper today.

To contact the reporter on this story: Brian Latham in Johannesburg at

To contact the editor responsible for this story: Hilton Shone at

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