ZSE slump quenches listing momentum

THE Zimbabwe Stock Exchange (ZSE) is unlikely to see the same level of interest for listings this year that it did in 2022 due to its recent slump in trading activity, analysts say.
The market last year added four Exchange Traded Funds (ETFs), as well as a Real Estate Investment Trust (REIT).
Before the government put in place measures to “arrest speculation” on the market in May, it had also seen wild movements in prices and heightened activity.
Since May, however, activity and price movements have slowed considerably, and analysts say listings are likely also to be affected in 2023.