Zimbabwe's Stock Market Is Exploding Higher
Zimbabwe's Stock Market Is Exploding Higher
1 viewsJul 3, 2023
substack.com
Econet is leaving the Zimbabwe Stock Exchange After saying they're deeply undervalued, they confirmed they want out. Now want to be a private company and spin off the base station business And yeah, this is brutal for the ZSE, but it's a party over at the VFEX this Kisimusi Let's talk about it | Techzim
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Econet to exit Zimbabwe stock exchange Zimbabwe’s largest mobile operator, Econet Wireless, plans to delist from the Zimbabwe Stock Exchange after 27 years, citing undervaluation linked to currency and liquidity challenges. The company intends to spin off infrastructure assets and relist them on the US dollar-based Victoria Falls Stock Exchange, a move analysts say could reshape confidence in Zimbabwe’s capital markets. | CGTN Africa
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