Zimbabwe Stock Exchange suspends trading

June 30th, 2020|

Following the statement issued by the Secretary for Information, Publicity and Broadcasting Services on 26 June 2020, the Zimbabwe Stock Exchange Limited (“ZSE”) engaged both the Securities and Exchange Commission of Zimbabwe (“SECZ”) and the Ministry of Finance and Economic Development. Whilst we await the guidance from our regulators on the operational modalities going forward, [...]

Thin volumes push ZSE turnover down by 22% in November

December 10th, 2018|

TURNOVER on the Zimbabwe Stock Exchange (ZSE) dropped 22,37% to $118,03 million in November from $152,05 million in October as lower volumes were traded on the local bourse. The total volume of shares that were traded dropped 51,33% to 153,88 million shares from an October high of 316,19 million shares. Market capitalisation dropped 4,08% to [...]

Some ZSE-listed companies to unbundle and list separately: Will that add shareholder value?

October 11th, 2018|

Recently, certain companies listed on the Zimbabwe Stock Exchange (ZSE) announced their intention to unbundle their non-core assets and list them separately on the ZSE. Given the current challenges posed by the Zimbabwean operating environment, one would be asking whether this is a corporate survival strategy or companies simply seeking to create value and maximise [...]

Seed Co International on the Botswana Stock Exchange (BSE).

October 5th, 2018|

Zimbabwe’s largest seed maker Seed Co Limited’s partial unbundling comes to fruition today with the primary listing of spin-off Seed Co International on the Botswana Stock Exchange (BSE). Seed Co International will also get a secondary listing on the Zimbabwe Stock Exchange (ZSE), where the parent company already trades. According to a circular issued to [...]

ZSE companies in contravention of ZimCode

October 4th, 2018|

A SURVEY on the corporate governance practices of companies listed on the Zimbabwe Stock Exchange (ZSE) has shown that a significant number of public companies are in contravention of the Zimbabwe National Code on Corporate Governance (ZimCode). Launched in April 2015, ZimCode provides a corporate conduct framework for both the public and private sectors, which [...]

Guide to using new mobile platform on ZSE

July 22nd, 2018|

This is a ground breaking application in sub-sahara Africa. However, people still need guidance and knowledge on how to use this platform. The ability to trade on Zimbabwe’s capital markets through digital channels is a great deal. Buying and selling of public company shares has just gone mainstream especially because this can be done using even the [...]

C-Trade to engage more youths on ZSE

July 20th, 2018|

The Zimbabwe Stock Exchange only has 0.05% of the population participating on it. With the country heading towards being a middle income country these figures need to rise. Meeting P