Old Mutual falls 19.91% after Mthuli removes fungibility

Old Mutual Limited fell 19.91% on Monday as the stock market reacted to Government's latest measures to stabilise the exchange rate.  Yesterday, the Ministry of Finance and Economic Development s...

By Staff reporter | Published: 16 March 2020


Mnangagwa's govt suspends fungibility on dual-listed shares

Finance and Economic Development Minister Mthuli Ncube has suspended fungibility on dual listed shares for a period of twelve months as part if efforts to stabilise the exchange rate. This comes as go...

By Staff reporter | Published: 15 March 2020


Exhange control authority grants full fungibility to NMB shares

The Zimbabwean Exchange Control Authority, in terms of Exchange Control Regulations, has granted full fungibility to 40% of the company's issued shares that are held by foreign investors. The 40 per...

By Mafu Sithabile | Published: 10 June 2013

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