Another rough and tumble year for the ZSE
SHAME MAKOSHORI The ZSE’s fungible titans were among the casualties of a terrifying crackdown on business by authorities, which dampened investor confidence and wiped $240 billion in potential revenue. But the brief closure in June only amplified an already difficult crisis for the bourse. Many firms had already embarked on plans to de-list and go private, saying it was no longer viable to maintain a listing. Again, that was bad for a stock market that had been hit by a listing drought stretching over a decade, which triggered questions about the relevance of the ZSE in a rapidly shifting m...
Source: thezimbabwemail.com