Fungibility shares ban unlawful

THE purported fungibility ban of Old Mutual (OM), PPC and SeedCo’s shares has neither legal basis nor economic rationality, as it violates rules governing dually-listed stocks, documents show. Advertisements This comes as Zimbabwe’s chaotic policy-making regime — marked by knee-jerk interventions and somersaults — has wreaked havoc in the economy, as manifested by rising foreign…

Subscribe to read full article. Subscribe today

Related posts

Power cuts set to be amplified. . . as key generators at Hwange are taken off the grid

US dollar is here to stay, government informed

Tax incentives draining Zimbabwe’s coffers: WB

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More