ZSE Optimistic of Old Mutual, PPC trading resumption

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THE Zimbabwe Stock Exchange (ZSE) says it is optimistic of a “quick” resolution to the dispute between the government of Zimbabwe-and-Old Mutual Zimbabwe (OM) and PPC Zimbabwe over the trading suspension of their shares on the local bourse.
Old Mutual and PPC have been in protracted engagements with the government of Zimbabwe since their suspension from the ZSE in June 2020.s
The two counters, together with Seed Co International were suspended from the ZSE due to the fungibility of their shares as these firms were also listed on foreign bourses.

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