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Zimbabwe Won't Ease Currency Reins, Blames Business for Collapse

Zimbabwe Won't Ease Currency Reins, Blames Business for Collapse
thezimbabwemail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thezimbabwemail.com Daily Mail and Mail on Sunday newspapers.

Mashonaland East , John Mangudya , Imara Asset Management Ltd , Confederation Of Zimbabwe Industries , Reserve Bank , Zimbabwe Governor , Zimbabwe Industries , John Legat , Zimbabwe Business Warns Currency , Urges Policy ,

RBZ boss rules out chasing black market rates; blames business for disparity

NewZimbabwe.com – The Zimbabwe News You Trust is Zimbabwe’s leading online newspaper and published by New Zimbabwe Media Ltd. The platform brings you the latest breaking News, Business, Showbiz, Sports, Diaspora and gives you everything you’ve come to expect and love. ....

Mashonaland East , John Mangudya , Imara Asset Management Ltd , Confederation Of Zimbabwe Industries , Spread This , Reserve Bank , Zimbabwe Governor , Zimbabwe Industries , John Legat ,

Zimbabwe Won't Ease Currency Reins, Blames Business for Collapse

Zimbabwe Won't Ease Currency Reins, Blames Business for Collapse
thezimbabwemail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thezimbabwemail.com Daily Mail and Mail on Sunday newspapers.

Mashonaland East , John Mangudya , Imara Asset Management Ltd , Confederation Of Zimbabwe Industries , Reserve Bank , Zimbabwe Governor , Zimbabwe Industries , John Legat , Zimbabwe Business Warns Currency , Urges Policy ,

Signs Of Normalcy As Zim's Breakneck Inflation Rate Slows


Bloomberg
ZIMBABWE’S breakneck inflation rate is slowing and that’s prompting signs of normalcy in the local stock market.
In the southern African nation’s topsy-turvy markets, stocks have proved a haven for investors seeking to preserve their wealth from inflation that reached 837% in July last year.
As the pace of price increases moderates, investors are considering more conventional stock-picking factors such as valuations, according to John Legat, head of Zimbabwe’s oldest brokerage.
“Looking at US dollar valuations today, they remain low by historical standards, despite the fact that businesses are in far better shape generally than they were back in 2008/2009,” when the country experienced its worst bout of hyperinflation, said Legat, chief executive officer of Imara Asset Management Ltd. ....

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