In 2017, the market saw a dramatic bullrun with the market capitalisation gaining $11,19 billion between January 2017 and November 2017 from $4 billion to a post dollarisation peak of $15 billion.
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THE persistent monetary crisis has pulled the Zimbabwe Stock Exchange out of a euphoria-driven slump that was triggered by the resignation of Robert Mugabe in November last year.
Since mid-March, the market has gained about $2 billion in a recovery that defies the fundamentals, with stocks still overvalued. This situation has been brought about by the persistence of the southern African economy’s monetary crisis, which is characterised by currency risk and inf
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