Zimbabwe: Stock Market Embraces Political Change With Self-Correction

27 November 2017

Zimbabwe equities dropped $6 billion in 8 days as the market engaged in a drastic self-correction following a change of guard in the country's political leadership which saw Emmerson Mnangagwa installed as president on Friday.

Mnangagwa was sworn in on Friday to replace the long serving Robert Mugabe who resigned on Tuesday following a military takeover a week earlier.

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