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Imara makes a killing from bond notes fear

7 years agoFri, 25 Nov 2016 13:05:36 GMT
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Imara makes a killing from bond notes fear

Imara Holdings, an investment advisory firm, has experienced a boom in its asset management and stock brocking business as the fear of the impending bond notes has driven investors to equities in an attempt to hedge their wealth.

In a statement on on Thursday, the company said:

Imara Zimbabwe has been a beneficiary of the proposed introduction of bond notes and resultant switch to equities, benefitting our Zimbabwe asset management and stockbroking business.

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