StockMarketWire.com - Cambria Africa confirmed media speculation that it had decided to suspend its Paynet services to banking clients in Zimbabwe.

The company said it was seeking to protect its contractual position with those clients to receive payments in US dollars, because it was concerned about a recent devaluation of the local Zimbabwean dollar.

'The company will provide a further update in due course,' it said.


At 1:28pm: [LON:CMB] Cambria Africa share price was 0p at 0.75p



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