Zimbabwe Stock exchange has released a statement which confirms that there will be no trading today following the government’s decision to suspend trading at the stock exchange as the government said they needed to investigate illegal activities on the foreign currency parallel market.
In the statement, ZSE said they will communicate if anything changes but for now trading is suspended until further notice.
Following the statement issued by the Secretary for Information. Publicity and Broadcasting Services on 26 June 2020, the Zimbabwe Stock Exchange Limited (ZSE) engaged both the Securities and Exchange Commission of Zimbabwe (SECZ) and the Ministry of Finance and Economic Development.
Whilst we await the guidance from our regulators on the operational modalities going forward, we notify our stakeholders that trading has been suspended until further notice.
For any enquiries, you can email info@zse.co.zw
For and behalf of the Zimbabwe Stock Exchange Justin Bgoni
CEO
Zimbabbwe Stick Exchange
Date of Issue: 28 June 2020