THE Zimbabwe Stock Exchange’s (ZSE) market capitalisation grew by $1,8 trillion to $3,79 trillion in April, as demand for stocks escalated amid renewed inflationary pressures in the southern African economy.
The local bourse has over the past few years rallied on high inflation, which was 96,4 percent in April, up from 72,7 percent in March, and 60,74 percent in December.
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This comes as the Zimbabwe dollar’s depreciation – on both the official and parallel markets – has been exacerbated by inflationary pressures emanating from the Russia-Ukraine co
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