THE Zimbabwe Stock Exchange (ZSE) is likely to experience a mixed bag of results in 2024, with the El Niño-induced drought posing a significant challenge to agriculture-focused companies, according to Securities and Exchange Commission of Zimbabwe (SecZim) chief executive Anymore Taruvinga.
Taruvinga acknowledged the potential impact of the drought on agro-value chain counters, which dominate the ZSE. He warned of “minimal throughput input” and “increased expenditure towards imports,” potentially affecting market performance.
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