He said the government should establish a dollar-denominated stock market where Old Mutual could list. Chinamasa said Zanu PF’s position was that the ZSE should “compulsorily de-list the Old Mutual Limited shares” from trading. Old Mutual officials were not immediately available to comment. But on Sunday, reacting to media reports of a possible de-listing, Old Mutual said it would always comply with regulations and laws in the country in which it operates. This compares share prices of Old Mutual in Harare and in Johannesburg and London to determine the exchange rate.

Source: The Local July 14, 2020 18:45 UTC