HARARE - Amid discussions surrounding the potential reinstatement of PPC and Old Mutual Zimbabwe (OMZ) on the Zimbabwe Stock Exchange (ZSE), the government is seeking assurances to prevent exchange rate volatility, reports the Zimbabwe Independent. In 2020, the suspension of PPC, OMZ, and Seed Co International from the ZSE stemmed from concerns over the fungibility…
Zimbabwe's ZiG wipes out 330% stocks rally thezimbabwean.co - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thezimbabwean.co Daily Mail and Mail on Sunday newspapers.
Zimbabwe’s new currency has wiped out a more than 330% gain on the stock market this year, leaving investors dealing with the fallout. The Zimbabwe Stock Exchange All Share Index fell 99.95% since the introduction of ZiG, short for Zimbabwe Gold, on 5 April. The gold-backed ZiG succeeded the Zimbabwe dollar which had lost 80%
Zimbabwe's ZiG wipes out 330% stocks rally news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Zimbabwe’s new currency has wiped out a more than 330% gain on the stock market this year, leaving investors dealing with the fallout.Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayStocks Climb as US Earnings Kick Into High Gear: Markets WrapRussians Transform Dubai as They Flee Putin’s War: Photo EssaySea Billionaire’s Wife to Buy Singapore Mansion for $31 MillionThe Zimbabwe Stock Exc