At a Seminar held in Johannesburg in October 2008, ZSE Chief Executive, Emmanuel Munyukwi, indicated that foreigners at that time comprised only two percent of the funds invested on the ZSE compared with 30 percent in 1997. Figures for the second half of 2009 show that, on average, 40 percent of the funds invested on the ZSE belonged to foreigners which represent a phenomenal growth when compared to the two percent holding in 1998 and 30 percent in 1997. Presenting the 2010 National Budget to Parliament on 2 December 2009, Finance Minister, Tendai Biti, announced a reduction in transaction costs from 7,5 percent to 3,21 percent, that is, 1,73 percent on the buy side and 1,48 percent on the sale side. Movers were led by Apex, up 142 percent at 0,85 cents, followed by Trust, up 100 percent at 1,4 cents and CFX, up 66,7 percent at 0,05 cents. Shakers were led by Border, down 20 percent at 40 cents, followed by Gulliver, down 17 percent at 0,5 cents and Truworths, down 12,5 percent at 1,4 cents. SELECT — Topics — AGOA AIDS Africa on the Move Agribusiness Aid and Assistance Arms and Armies Arts Athletics Banking Book Reviews Books Business Capital Flows Children Climate Commodities Company Conflict Construction Crime Currencies Debt Ecotourism Editorials Education Energy Environment Food and Agriculture From allAfrica Game Parks Governance Health Healthcare and Medical Human Rights ICT Infrastructure Investment Labour Land Issues Latest Legal Affairs Malaria Manufacturing Media Migration Mining Music Music Reviews NEPAD NGO Oceans Olympics Peacekeeping Petroleum Polio Pregnancy and Childbirth Privatization Refugees Religion Science Soccer Sport Stock Markets Sustainable Development Terrorism Trade Transport Travel Tuberculosis Urban Issues Water Wildlife Women World Cup — Central Africa Business East Africa Business North Africa Business Southern Africa Business West Africa Business — Asia, Australia, and Africa Europe and Africa International Organisations Latin America and Africa Middle East and Africa U. read more

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