Shelton Sibanda chief investment officer at Imara Asset Management told Bloomberg this week he expects companies to reduce their ZiG holdings to protect themselves adding that ‘no one will want to keep any ZiG'...
As long as the government borrows from the central bank or issues short-term debt in ZiG the currency will weaken wrote Imara's Chief Executive John Legat and Chief Investment Officer Shelton Sibanda in a note on 16 October...
‘Rapid local currency depreciation episodes and the attendant hyperinflation years are still fresh in the minds of most Zimbabweans ' wrote Imara's chief executive officer John Legat and chief investment officer Shelton Sibanda in a letter to clients...