As part of efforts to improve informational efficiency in the local capital market, the Zimbabwe Stock Exchange (ZSE) is launching View Only Terminals (VOTs) with effect from 8 February 2017.

CBZ Bank has suspended the local use of Visa cards citing the prevailing foreign exchange shortage.

The Zimbabwe Stock Exchange recorded its lowest foreign inflows in 2016 since dollarisation because of liquidity challenges which also saw banks delaying the remittance of investment proceeds.

THE amount of nominal value of share held by Old Mutual Zimbabwe’s shareholders on the Zimbabwe Stock Exchange is likely to further dwindle in the outlook as the shareholders move to sell their shares on the giant insurer’s alternative listings. Following the Reserve Bank of Zimbabwe (RBZ)’s approval for the increase in fungibility limits from 40 percent to 49 percent for Old Mutual Plc’s last month, the company has just announced a decline in its shares in issue on the local bourse.