Business Maverick: Old Mutual to Move Zimbabwe Listing as Currency War Escalates

Old Mutual has agreed to move its listing to a new bourse in the country that will only deal in foreign currency, three people with direct knowledge of the matter said.

The deal came after talks on Monday between representatives of Old Mutual, the Treasury, the Securities and Exchange Commission of Zimbabwe and the ZSE, the people said, asking not to be identified because negotiations were private.a plunge in the local currency on the 175-year-old insurer’s share price.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Business Maverick: Europe’s Economy to Outpace US, Upending Past RolesThe euro area economy is for once set for a sprightlier recovery from crisis than the U.S., thanks to starkly different responses to the coronavirus.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »

Business Maverick: Bitcoin Jumps Above $10,000 for the First Time in Six WeeksThe largest cryptocurrency spiked into five digits around 6 a.m. New York time on Sunday --- rising as high as $10,169, according to pricing compiled by Bloomberg. The gains quickly fizzled, initially, then rallied again later, gaining 1.9% to $10,080 as of 9:25 p.m.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »

Business Maverick: IMF Grants $4.3 Billion to South Africa in Biggest Virus LoanThe International Monetary Fund approved $4.3 billion in emergency funding for South Africa, the largest emergency disbursement for any country yet to assist with fighting the coronavirus pandemic.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »

Business Maverick: The Message Behind Gold’s Rally: The World Economy Is in TroubleIt’s easy to forget now but there was a time early on in the pandemic when the price of gold was in freefall.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »