Zimbabwe News and Internet Radio

Stock market trading to resume, Old Mutual unit remains suspended

By MacDonald Dzirutwe

Zimbabwe’s stock market will resume trading next week after a state financial intelligence body concluded its investigation, but three dual listed stocks, including the local unit of Old Mutual will remain suspended, the finance minister said on Tuesday.

Finance Minister Mthuli Ncube
Finance Minister Mthuli Ncube

The government suspended trading on the local bourse last month saying it was being used by black market traders to undermine the Zimbabwe dollar currency. Reuters