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Zimbabwe’s ZiG Prompts Scrapping of Vesting Rules on Stock Market

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The stability of Zimbabwe’s new currency, the ZiG, has prompted authorities to scrap a rule in place since 2022 that requires investors on its main bourse to hold onto stocks for a period of 180 days or risk paying a higher capital gains tax.

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Zimbabwe to Extend ZiG Currency Crackdown to Companies, Finance Chief SaysZimbabwe plans to extend a crackdown that’s targeting street currency traders to companies to ensure goods and services are priced using only the official exchange rate of the new ZiG currency.
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