For the first time in a hundred years it’s quiet on the Zimbabwe stock exchange trading floor. The traditional open outcry has been replaced with an automated trading system.
Technical glitches prevented the system from going live last Friday, it all systems were green on Monday and brokers were pretty excited. Trade volumes however remained thin, as traders tested the system.
Those weak numbers are also attributable to generally poor performance of the ZSE over the last year, as CCTV’s Farai Mwakutuya reports.