ZSE wipes off ZWG3.2bn in market value
...as tight monetary grip, liquidity crunch take toll
SAMANTHA MADE A brutal ZWG3.2bn has been wiped off the Zimbabwe Stock Exchange (ZSE) since the start of the year, as the twin blows of tight monetary policy and weak Zimbabwe Gold (ZWG) liquidity, compounded by company-specific woes, hammer investor sentiment and drag stocks into a downward spiral. At the heart of the downturn is…
