Business / Economy
Zimbabwe gazettes new debt listing rules
17 May 2017 at 06:49hrs | Views
Zimbabwe has gazetted new rules allowing companies to raise debt capital on the nation's stock exchange.
Finance minister Patrick Chinamasa last week on Friday set new rules on debt market's levels ranging between 0.00300 percentage and 0.01000 percentage that investors have to pay to the Securities Commission and other agencies.
ZSE is looking to expand into debt instruments to generate additional revenue amid slump in stock trading.
Finance minister Patrick Chinamasa last week on Friday set new rules on debt market's levels ranging between 0.00300 percentage and 0.01000 percentage that investors have to pay to the Securities Commission and other agencies.
ZSE is looking to expand into debt instruments to generate additional revenue amid slump in stock trading.
Source - dailynews
