2020 measures haunt local bourse

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MEASURES introduced in 2020 to curb spec­ulation on the Zimbabwe Stock Exchange (ZSE) continue to undermine price discov­ery on the bourse, analysts say. The observers say lingering structural constraints have reduced liquidity, discouraged investor participa­tion and contributed to a wave of company departures. The restrictions were introduced after the ZSE had become a preferred store…