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Home » ZiG reporting delays financial statements
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ZiG reporting delays financial statements

written by Adelaide Moyo, Group Managing Editor 0 comments
The ZSE, which trades in the local currency, is facing limited liquidity, further impacting equitable trading across the market. Stocks with better liquidity, such as Econet and Delta, have dominated trading activities.
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SEVERAL companies listed on the Zimbabwe Stock Exchange (ZSE) and the Victoria Falls Stock Exchange (VFEX) have delayed publishing their financials following a directive to adopt ZiG as a functional reporting currency. The Reserve Bank of Zimbabwe announced through the Monetary Policy Statement that all entities should adopt the ZWG as the reporting currency for…

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Adelaide Moyo is a business and financial journalist based in Zimbabwe. With a keen eye for detail and a deep understanding of market complexities, Adelaide consistently breaks down complex financial concepts and business trends into accessible, compelling narratives for a diverse readership. She specialises in areas such as macroeconomics, corporate finance, investment, and the critical issues impacting Zimbabwe's economy, including currency volatility, the informal sector, climate change, and illicit trade. Adelaide is a recipient of national awards for her reporting in different sectors of the economy. She is also a member of the Oxford Climate Journalism Network.

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