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Minister Ncube said the government was still considering the implications of an audit report. The government last March banned the movement of PPC and Old Mutual shares across borders claiming that this fueled currency speculation. Ncube’s directive was issued on 12 March 2021 under General Notice 371A of 2021, titled “Exchange Control (Suspension of Fungibility of Certain Shares) Order 2021”. It read in part: … the Government, having received the audit report, is still considering its implications: Now, THEREFORE, I, Hon. Professor M. Ncube, in my capacity as an exchange control authority under Part V (“Securities”) of the Exchange Control Regulations, 1996 (Statutory Instrument 109 of 1996), hereby order the suspension, for a period of twelve months from the publication of this general notice ending on the 11th March 2022, of every authority, directive or order granted by any exchange control authority allowing the fungibility of shares of the following companies li

Mthuli ncubeOld mutualZimbabwe stock exchangeEconomic developmentEconomic development minister mthuli ncubeGeneral noticeCertain sharesExchange control regulationsStatutory instrumentOld mutual limitedபழையது பரஸ்பரஸிஂபாப்வே ஸ்டாக் பரிமாற்றம்பொருளாதார வளர்ச்சிஜநரல் அறிவிப்புசிஇஆர்டிஏஐஎன் பங்குகள்பரிமாற்றம் கட்டுப்பாடு ஒழுங்குமுறைகள்