About: http://data.cimple.eu/news-article/57d079831ced5e0a079afbf51b25e3a6f3cdd328b9ccd6978ed26048

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About: http://data.cimple.eu/news-article/57d079831ced5e0a079afbf51b25e3a6f3cdd328b9ccd6978ed26048 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Trading resumed on the Zimbabwe stock exchange on Monday a month after it was ordered to halt business by authorities scrambling to protect the country's currency, the bourse chief said. In a dramatic move on June 29, the government of the crises-plagued country dramatically shut the Zimbabwe Stock Exchange (ZSE) and restricted mobile money payments, alleging improper activities. At the time, government claimed that mobile-phone money transfer systems were conspiring with the help of the ZSE "in illicit activities that are sabotaging the economy". Trading opened on Monday but without some of the major stocks such as the international insurance giant Old Mutual. "Market now open and first trade done," tweeted the bourse's CEO Justin Bgoni, adding "it has been an excruciating time since 29 June". Finance Minister Mthuli Ncube last week said a probe by the country's financial intelligence unit had established that some listed entities "acted out of line" with rules and best trading practices. He singled out Old Mutual to have been a "key driver of parallel market pricing behaviour". The stock exchange boss said they were "now working on the modalities of getting trading on those companies resuming". Zimbabwe is being buffeted by its worst economic crisis in over a decade, characterised by hyperinflation and scarcity of basics like fuel and cornmeal. fj-sn/erc
schema:headline	Zimbabwe bourse resumes trading after month-long suspension
schema:mentions	British Association for Immediate Care Mobile payment Finance minister Zimbabwe Currency Insurance Chief executive officer Old Mutual Zimbabwe Stock Exchange Mthuli Ncube Cornmeal Grey market Hyperinflation Financial intelligence European Research Council Scrambler
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-08-03 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	85 (xsd:integer)

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