Fungibility shares ban unlawful

AdvertisementsTHE 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

Volatile policies hamper economy

‘Debt resolution faces risks’

Local firms bet big on expansion

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