Published: 30 July 2013

The government says demutualisation of the Zimbabwe Stock Exchange (ZSE) has been postponed to January next year to pave way for the mobilisation of funds.

The much anticipated demutualisation of the ZSE is likely to become a reality next year as relevant authorities are mobilising at least US$4 billion.

The government says in a statement that while the proposed idea is expected to increase the value of shares, lack of funding is hindering the process.
- zbc

You might also want to read this

• Stocks back in negative territory on Simbisa, Innscor
• ZSE falls as RBZ readies corporate OMO Bills to mop up excess liquidity
• Market breadth turns negative as ZSE falls further
• ZSE stocks incredibly cheap, says Imara
• ZSE closes lower on heavyweight losses
• ZSE to introduce ETFs this quarter
• Mid-tier stocks drive ZSE to a marginal gain
• Sell the laggards, buy disruptors
• ZSE loses 0.03% while mid-caps continue to rally
• ZSE stocks recover by 40%