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What’s next for Old Mutual, and Zimbabwe, as Zanu-PF moves to ‘eject’ country’s biggest company

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Zimbabwe's ruling party Zanu-PF has threatened to eject Old Mutual, the country's biggest company, from the stock exchange. But, it says it could trade in US dollars on another stock exchange, which doesn't yet exist, at Victoria Falls. Zimbabwe experts corporate finance specialist Sean Gammon, economist Professor Tony Hawkins and political risk analyst Tara O'Connor tell BizNews that the steps Zimbabwe wants to take are not going to slow inflation, which is running at an official rate of over 700%. - Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices

16 Jul 2020 1PM English South Africa Investing · Business News

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