Foreigners ditch Zimbabwe Stock Exchange

Posted by Maveriq

Foreign investors who are jittery about the imminent introduction of Bond Notes are ditching the Zimbabwe Stock Exchange(ZSE), to try to hedge against any negative impact from the bond notes. The foreigner investors are leaving in droves as can be seen from the net outflows from the local bourse of $56,28 million in the 10 months to October. This is the biggest selloff from the ZSE in 5 years.

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