Wednesday, 7 August 2013

Zimbabwe's "Blacks-Only" Stock Exchange Takes 'Financial Innovation' And Racism To New Highs | Zero Hedge

'...following dictator Robert Mugabe's "reelection" has announced plans toopen a new and "racially exclusive" stock exchange, allowing blacks alone to trade. And not trade justanything, but shares of recently nationalized foreign companies, most of which are South African-owned miners. Or rather were, because following the most recent nationalization round, Zimbabwe would take a 51% stake in all major foreign-owned companies valued at over $7 billion. No compensation will be paid.'
Fascinating article here

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