THE covid-19 pandemic will have a minimal impact on the Zimbabwe Stock Exchange (ZSE) which remains insulated from global financial developments, analysts say.
Over the past decade performance of the ZSE has proven to be directly tied to currency and monetary dynamics in the local economy with little regard to international trends. “While the knock effect of covid-19 on the global stock markets especially in Europe and America has remained well pronounced, I am of the view that the pass-through effect to the ZSE has been minimal, as our market has remained closed-off from the rest of world,” Mutandani Makuyana, Invictus Securities Zimbabwe’s head of research, told The Financial Gazett This is premium content. Subscribe to read article.Subscribe to The Financial Gazette