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Massive losses on ZSE

HARARE – The Zimbabwe Stock Exchange (ZSE)’s market capitalisation slumped by $642,8 million to $4,56 billion in the first quarter of 2014 as stock prices plummeted, a latest market report reveals. In the report, financial group AfraAsia Holdings Zimbabwe Limited (AfrAsia) said the slackening economic growth and disappointing 2013 companies’ performance earnings contributed to weakening…

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