JUST IN: Govt extends suspension of fungibility of Old Mutual and PPC shares Enacy Mapakame Business Reporter Finance and Economic Development Minister Professor Mthuli Ncube, has extended the suspension of financial services giant Old Mutual and cement maker PPC’s fungibility by another 12 months. In a notice in the Government Gazette last Friday, Minister Ncube indicated that Government was still considering the implications of an audit report. The initial suspension was implemented last year on allegations that fingible stocks had become vehicles for repatriating investments out of the country, at a time foreign currency has been scarce and therefore fuelling currency distortions and spike in exchange rate.