Concern over shrinking local equities market

In its first quarter trading update, Zimbabwe Stock Exchange Holdings (ZSEH) said the ZiG exchange rate held steady at around 25,57 per US dollar, enhancing investor confidence and market predictability.

THE Securities and Exchange Commission of Zimbabwe (SecZim) has raised concern over the continued contraction of the local equities market due to liquidity shortages, a negative perception and limited investor awareness.The country’s primary bourse, the Zimbabwe Stock Exchange (ZSE) has witnessed over a dozen de-listings in the past decade while the Victoria Falls Stock Exchange…

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