Published: 24 May 2018

THE persistent monetary crisis has pulled the Zimbabwe Stock Exchange out of a euphoria-driven slump that was triggered by the resignation of Robert Mugabe in November last year.

Since mid-March, the market has gained about $2 billion in a recovery that defies the fundamentals, with stocks still overvalued.

This situation has been brought about by the persistence of the southern African economy's monetary crisis, which is characterised by currency risk and inflation
- fingaz

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