THE END OF FUNGIBILITY OF SHARES IN ZIMBABWE? GENERAL NOTICE 583/2020 AS A TEST CASE.

On the 15th of March 2020, two weeks before the advent of the initial twenty-one (21) day lockdown, the Minister of Finance and Economic Developed issued the Exchange Control (Suspension of Fungibility of Certain Shares) Order, 2020. The order was gazetted through General Notice 583 of 2020 (hereinafter ‘the General Notice’).

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