Harare – The suspension of Zimbabwe’s Meikles Africa from the Zimbabwe Stock Exchange (ZSE) over its alleged “erroneous” financial statements has been lifted, the bourse’s chief executive officer confirmed on Monday afternoon.
John Moxon, the chairperson of Meikles - which has a joint venture partnership with Pick n Pay [JSE:PIK] in the country's TM Supermarkets - said on Monday morning that his company was now reconsidering its continued listing on the local bourse, accusing the ZSE of suspending it without hearing its own side of the story.