Institutional investors spur ZSE past $100 billion

INSTITUTIONAL investors, including the National Social Security Authority (NSSA) have taken an active role on the Zimbabwe Stock Exchange (ZSE), which has breached the $100 billion capitalisation mark — for the first time — as investors seek to hedge against inflationary pressures.

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As of March, official year-on-year inflation stood at 676 percent but independent observers suggest the figure could be higher than what is reported.

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