‘ETFs a good launchpad for Zim derivatives’

FINANCE minister Mthuli Ncube says the launch of Zimbabwe’s first Exchange Traded Fund (ETF) this week, was a good launchpad for derivatives in the country’s shallow capital market. The Old Mutual Zimbabwe Stock Exchange (ZSE) Top 10 Index ETF was launched on Tuesday and will start trading on the local bourse in January. “This is…

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