All NewsBusiness

Zimre Holdings mulls delisting

All NewsBusiness

Zimre Holdings mulls delisting

HARARE – Insurance group Zimre Holdings Limited (ZHL) is considering delisting from the Zimbabwe Stock Exchange (ZSE), as the bourse remains depressed and is offering no shareholder value. Albert Nduna, the group’s chief executive, said stocks are undervalued while it is increasingly difficult to raise capital on the 65-counter exchange. “The valuation of shares on…

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