The Zimbabwe Stock Exchange has lost US$18bn worth of value since the country decided to drop a parity peg between the local currency and the US dollar.
Experts believe Zimbabwe's foreign exchange rate problems may only be fixed after elections later this year, as its central bank governor readies to deliver his monetary policy statement.
The ZSE has lost further ground as investors speculate that bank balances, which have been losing value against real US dollars, could strengthen in the wake of a potential new political dispensation.
The Zimbabwe Stock Exchange has returned to positive territory for the first time since January 20 as Zimbabwean investors continue to seek refuge in real assets.
The Zimbabwe Stock Exchange has rallied in April, as investor confidence continues to strengthen in the wake of the country's change in government.
Selling pressure on the Zimbabwe Stock Exchange has eased amid news that Emmerson Mnangagwa is set to become the country's new president.
The Zimbabwe Stock Exchange is now trading above the $8.5bn mark for the first time since dollarisation.
Atlantic SeaboardShimansky Jewellers
Cape Town CBDO'Dwyer PersonnelR6 500.00 - R7 000.00 Per Month
DurbanvilleZaPOP Media (Pty) LtdR1 000.00 Per Month
R 2 260 000
R 2 395 000
We subscribe to the Press Code.
You choose what you want
News24 on Android
Get the latest from News24 on your Android device.
Terms and Conditions
24.com Terms and Conditions - Updated April 2012
Creating your profile will enable you to submit photos and stories to get published on News24.
This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.