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…
ZiG reporting delays financial statements
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.