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Zimbabwe Stock Exchange Cuts Jobs After Trading Slumps
Harare, Zimbabwe, Capital Markets in Africa: The Zimbabwe Stock Exchange is cutting jobs and will soon announce a strategy to generate additional income after revenue fell by half in 2015 and has shown little sign of recovery this year, its chief executive officer said. Zimbabwe has suffered deflation for the past 18 months because of a fall in consumer demand and the economy is half the size it was in 2000. Cash shortages in a country that…
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