Zimbabwe: Investors Desert Stock Market

Failure by foreign investors to repatriate funds has led to massive disinvestment on the Zimbabwe Stock Exchange (ZSE) with investments plummeting to 25% in 2019 from 52% in 2016, the Zimbabwe Independent has learnt.

This comes as the Monetary Policy Statement presented this week by central bank governor John Mangudya painted a bleak picture of a 93% plunge in net portifolio investments, with foreign direct investment (FDI) falling 64% in 2019.

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