Zimbabwe’s government is in talks with international investments banks to support the new Victoria Falls Stock Exchange. The exchange will trade exclusively in foreign currency and targets global capital markets especially in the mining industry. Batanai Matsika, Head of Research at Morgan & Co spoke to CNBC Africa for more.
Trading resumed on the Zimbabwean Stock Exchange this week after a month of being shut down. The Zimbabwean government suspended the stock exchange and mobile money payments in a bid to clamp down on alleged illegal activities. Although the bourse is operational, three stocks remain suspended, Old Mutual, PPC and SeedCo. Batanai Matsika, Head of Research at Morgan & Co spoke to CNBC Africa for more.
News from Zimbabwe over the weekend saw the ruling party Zanu-PF announcing that it supports the decision of expelling insurance giant, Old Mutual from the Zimbabwean Stock Exchange. Batanai Matsika, Head of Research at Morgan & Co spoke to CNBC Africa for more.
Why this analyst believes Zim’s move to halt mobile money platforms & stock exchange trading undermines investor confidence
Over the weekend, the Zimbabwean government suspended the use of mobile money platforms and trading on the Zimbabwean Stock Exchange siting alleged economic corruption on these platforms. Batanai Matsika, Head of Research at Morgan & Co joins CNBC Africa for more.
This week Zimbabwe suspended the transfer of local shares in dual-listed companies to foreign bourses for the next 12 months. Joining CNBC Africa to unpack more on this and the developments of the declaration of COVID-19 being a national disaster in Zimbabwe is Batanai Matsika, Head of Research at Morgan & Co.
As global markets hit red once again in trade this morning we take a look at the volatility that is being seen of the Zimbabwe stock exchange. Batanai Matsika the Head of Research at Morgan & Co joins CNBC Africa for more.
According to the International Monetary Fund Zimbabwe is facing a threatening economic and humanitarian crisis due to macroeconomic instability, climate shocks and policy missteps. Joining CNBC Africa to unpack whether the latest monetary policy statement is aiding or changing the narrative is Batanai Matsika, Head of Research at Morgan & Co.