Search / Secz
Capital Markets Braille handbook launched
The Securities and Exchange Commission of Zimbabwe (SecZim) on Tuesday launched a Braille handbook to promote capital market literacy among the visually impaired. The move aims to enhance the understa...Published: 27 Sep 2024 at 08:25hrs | 48 | by Staff reporter
Boost for ZSE as govt suspends tax on stocks
Government has implemented significant tax reductions and suspensions aimed at revitalizing trading activity on the Zimbabwe Stock Exchange (ZSE). The 40% capital gains tax (CGT) on stocks sol...Published: 02 Jul 2024 at 06:36hrs | 4 | by Staff reporter
Zimbabwe's banks not ready for cryptocurrency
At the inaugural Capital Markets Conference in Nyanga, it was disclosed that Zimbabwean banks are not yet prepared to fully integrate cryptocurrency trading, despite ongoing efforts by regulators to d...Published: 23 Jun 2024 at 10:40hrs | 33 | by Staff reporter
Zimbabwe CEOs push back on salaries disclosure
THE chief executives (CEOs) of firms trading their shares on Zimbabwe's two stock exchanges have slapped down proposed regulations that would force them to disclose their earnings in line with interna...Published: 22 Dec 2023 at 18:16hrs | 11 | by Staff reporter
Rogue traffic enforcers undermining business in Zimbabwe
FORMERLY known as an opulent suburb, Harare's Borrowdale area is gradually transforming into a commercial hub, not only for the city but the entire Zimbabwe.With its peace and flamboyance, Bor...Published: 23 Jul 2023 at 08:34hrs | 1 | by Staff reporter
Mthuli Ncube scraps REIT limits
FINANCE minister Mthuli Ncube has scrapped a limit to the types of property that can be listed under the real estate investment trust (REIT), amid revelations that collective investment schemes under ...Published: 01 Dec 2022 at 04:57hrs | | by Staff reporter
John Tallach reigns supreme at high schools quiz
JOHN Tallach High school from Matabeleland North province, came out tops in the inaugural Capital Markets high schools quiz competition held in Harare yesterday.The quiz show was organised by ...Published: 17 Sep 2022 at 06:42hrs | 2 | by Staff reporter
CBZ to introduce exchange trade fund
CBZ Asset Management says it will introduce an exchange trade fund (ETF) tomorrow, which tracks the Zimbabwe Stock Exchange (ZSE) modified consumer staples index.This comes as the Securities a...Published: 02 Mar 2022 at 05:34hrs | | by Staff reporter
SECZim appoints acting CEO
THE Securities and Exchange Commission of Zimbabwe (SECZim) has appointed Gerald Dzangare acting chief executive officer following the departure of Tafadzwa Chinamo at the end of January.Dzang...Published: 10 Feb 2022 at 05:34hrs | | by Staff reporter
SECZ boss steps down
SECURITIES and Exchange Commission of Zimbabwe (SECZ) chief executive officer, Mr Tafadzwa Chinamo, says he is stepping down as a happy man after achieving his mission of bringing back investor confid...Published: 04 Jan 2022 at 05:56hrs | 7 | by Staff reporter
7 investors take SecZim to High Court
SEVEN investors have filed an urgent chamber application at the High Court for stay of implementation of the Securities and Exchange Commission (SecZim) directive on migration of registers of shares b...Published: 28 Oct 2021 at 19:09hrs | 8 | by Staff Reporter
ZSE-listed firms defy SecZim
ZIMBABWE'S listed companies have ignored implementing several measures put in place by the Securities and Exchange Commission of Zimbabwe (SecZim) about six years ago to enhance disclosure levels in f...Published: 10 Sep 2021 at 07:33hrs | 7 | by Staff reporter
Mthuli Ncube to launch US$ bond on VFEX
WITH the Victoria Falls Stock Exchange (VFEX) being one of the innovation reforms meant to support the process of financial deepening, Government is working on launching a US$ bond and list it on the ...Published: 05 Sep 2021 at 06:58hrs | | by Staff reporter
Securities and Exchange Commission CEO to step down
SECURITIES and Exchange Commission of Zimbabwe (SECZ)'s chief executive officer Mr Tafadzwa Chinamo is set to step down in January 2022, after 10 years at the helm of the capital markets regulator....Published: 22 Aug 2021 at 07:51hrs | | by Staff reporter
Zimbabwe govt caves in to market pressure
THE Zimbabwean government has caved in to market demands for valuation of the two suspended formally dually-traded securities, Old Mutual and PPC, to be valued according to the closing prices of the t...Published: 30 Apr 2021 at 07:27hrs | | by Staff reporter
'Zimbabwe's financial sector needs to be harmonised,' says Mangudya
RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya says the country must establish a Financial Sector Development Plan (FSDP) as part of efforts to coordinate the operations of companies working in...Published: 09 Apr 2021 at 07:36hrs | 1 | by Staff reporter
Tremors shake Old Mutual SA after ZSE clampdown
JOHANNESBURG Securities Exchange (JSE) listed financial services powerhouse Old Mutual Limited (OML) says crucial negotiations were underway to strike a deal with Harare following the suspension of it...Published: 28 Mar 2021 at 06:58hrs | 11 | by Staff reporter
Mthuli Ncube launches investment 101 handbook
FINANCE minister Mthuli Ncube has launched the investment 101 handbook and video, as investor education tools, in order to encourage participation by the Zimbabwean population in the capital markets....Published: 15 Dec 2020 at 06:09hrs | | by Staff reporter
Govt interference on ZSE queried
STOCK exchange stakeholders spoke for the first time this week since the Zimbabwe Stock Exchange (ZSE) was shut down in June, questioning the powers behind its shutdown and warning government not to r...Published: 20 Nov 2020 at 06:09hrs | 1 | by Staff reporter
Zimbabwe govt pleads with sceptical investors over Victoria Falls bourse
FINANCE minister Mthuli Ncube has assured investors that they will be legally empowered to repatriate their earnings on the Victoria Falls Stock Exchange (VFSE).This comes in the wake of an es...Published: 02 Oct 2020 at 07:46hrs | | by Staff reporter
Legislative reform agenda buttresses Mnangagwa's sincerity
This is the second part of a trilogy of articles that I am writing outlining the reform agenda being pursued by President Mnangagwa in the Second Republic. In the previous article I dwelt on political...Published: 27 Jul 2019 at 16:16hrs | | by Nick Mangwana
Zimbabwe, UK firm partnership to boost local capital markets
ZIMBABWE'S capital markets, which have been confining investors to limited options as chronic challenges buffeting the imploding economy ate into companies' earnings, has received a new lease of life ...Published: 23 Jun 2019 at 17:28hrs | 20 | by Staff Reporter
Civil servants to declare assets
In a first for public administration in the country, Cabinet has approved values and principles of a framework that will see public servants declare assets to ensure accountability. Additional...Published: 03 Apr 2019 at 08:14hrs | | by Staff reporter
Van Hoogstraten cleared of CFI insider trading
The Securities and Exchange Commission of Zimbabwe (SECZ) has cleared Nicholas van Hoogstraten's investment vehicle, Messina Investments (Private) Limited of insider trading involving shares in CFI ...Published: 09 Nov 2018 at 17:19hrs | 2 | by Staff reporter
'Zimbabwe stock-broking backward'
ZIMBABWE's stock-broking is backward compared to regional players, with the sector lacking product diversification, recently-established broker Morgan & Co Zimbabwe (Morgan) has said.David...Published: 24 Aug 2018 at 06:04hrs | | by Staff reporter
UK stockbroker to woo FDI to Zimbabwe
The Securities and Exchanges Commission of Zimbabwe (SECZ) has licensed a new strockbrocking firm, Morgan & Co, owned by British investors and two indigenous partners, which has pledged to influen...Published: 16 Jul 2018 at 06:49hrs | | by Staff reporter
C-Trade to ease ZSE transactions
Escrow Group will tomorrow officially launch a mobile and online trading platform which allows investors to directly trade on the Zimbabwe Stock Exchange (ZSE), a move that is set to deepen the capita...Published: 03 Jul 2018 at 06:58hrs | | by Staff reporter
Mnangagwa to launch C-TRADE
Zimbabwe's capital markets are set for their most significant development in recent years as President Mnangagwa officiates at the launch of C-TRADE tomorrow. C-TRADE is an online and mobile t...Published: 03 Jul 2018 at 06:47hrs | | by Staff reporter
Mobile trading of stocks begins next month
The mobile trading of securities will begin on July 4, a move which will result in convenience in the buying and selling of shares listed on the Zimbabwe Stock Exchange.This is being spearhead...Published: 29 Jun 2018 at 07:48hrs | | by Staff reporter
Econet summoned over contentious issues
THE Zimbabwe Stock Exchange (ZSE) on Tuesday summoned mobile network operator Econet Wireless Zimbabwe over contentious issues in its US$130 million rights offer after the country's capital market...Published: 27 Jan 2017 at 12:06hrs | | by Staff reporter
Econet in controversial $130m rights issue
ECONET Wireless Zimbabwe is planning to raise $130 million through a controversial rights offer and linked debentures in order to service its foreign debt. In a circular released yesterday, Econet...Published: 18 Jan 2017 at 06:01hrs | | by Staff reporter
The Association of Zimbabwe Offshore Financial Advisors
HARARE - Mr Andrew Mhere of Termstrides Investments t/a Carrick Wealth has announced the establishment of the Association of Zimbabwe Offshore Financial Advisors (AZOFA) as at 9th February 2016. ...Published: 11 Feb 2016 at 15:29hrs | 6 | by Agencies
Bulawayo lobbies for bond market headquarters
AS efforts to revive the bond market in Zimbabwe gather moment, Bulawayo businesses are lobbying that the debt market be headquartered in the second largest city.A bond market is a regulated f...Published: 16 Nov 2015 at 16:23hrs | | by Prosper Ndlovu
Zimra loses tax battle
The Zimbabwe Revenue Authority (Zimra) has lost the battle with the Securities Exchange Commission of Zimbabwe (SECZ) after Treasury said the capital markets regulator was exempt from paying income ta...Published: 22 Jun 2014 at 11:57hrs | | by Staff reporter
$22,8 million worth of ZSE shares unclaimed
The Securities and Exchange Commission (SECZ) says shares valued at $22,8 million on the Zimbabwe Stock Exchange have remained unclaimed as at March 31 2014.In a statement, SECZ chief executiv...Published: 28 Apr 2014 at 17:31hrs | | by Staff reporter
A 'Window Dressed' Stock Market Rally on the ZSE
Is it unusual for the share price of companies to move up one may ask? Most would answer no, and to most investors, a rising share price is desirable. However, suspicions may arise depending on th...Published: 02 Jan 2014 at 10:41hrs | 1 | by Perry Munzwembiri
Securities Commission of Zimbabwe changes name
THE Securities Commission of Zimbabwe (SECZ) will today change its name to the Securities and Exchange Commission of Zimbabwe and have expanded roles in line with the provisions of the Securities Ame...Published: 06 Nov 2013 at 04:38hrs | | by Business reporter
ZSE reviews listing rules
THE Zimbabwe Stock Exchange is expected to complete the process of reviewing its listing rules by November this year, the Securities Commission of Zimbabwe has said. In an interview, SECZ chi...Published: 03 Sep 2013 at 04:22hrs | | by Business Reporter
New Cabinet will likely boost share prices
SHARE prices on the Zimbabwe Stock Exchange will pick up once a new Cabinet has been named, Securities Commission of Zimbabwe chairperson Mrs Willia Bonyongwe has said. Mrs Bonyongwe said the...Published: 02 Sep 2013 at 21:29hrs | | by Staff Reporter
SECZ, ZSE shortlisted for prestigious Africa award
The Securities Commission of Zimbabwe and the Zimbabwe Stock Exchange have been shortlisted for the prestigious Africa investor Index Series awards. The awards, which are the only pan-African ...Published: 29 Aug 2013 at 04:37hrs | | by Business Reporter
Supreme Court reserves judgment in Remo case
The Supreme Court yesterday reserved judgment in the case where Remo Investment Brokers were appealing against an earlier judgment to have their licence cancelled. According to its argument d...Published: 29 May 2013 at 07:09hrs | | by Business reporter
ZSE pushes for more reforms on the local bourse
ZIMBABWE Stock Exchange-listed companies may be forced to make more disclosures or republish their financial results for the just ended reporting season as the equities market regulator pushes for mor...Published: 07 Apr 2013 at 18:09hrs | 9 | by Business reporter
Imara share manipulation probe gathers momentum
Investigations into possible share price manipulation by Imara Edwards (Imara) have reached an advanced stage, with results expected to be announced soon, an inside source has revealed. The i...Published: 27 Jan 2013 at 06:43hrs | 1 | by Business Reporter
Imara Edwards probed for possible share price manipulation
SECURITIES Commission of Zimbabwe (SECz) has opened a formal inquiry into possible share price manipulation by Imara Edwards (Imara) following a share price rally between October 2, 2012 and November...Published: 11 Jan 2013 at 14:11hrs | | by Business reporter
Securities Commission of Zimbabwe engages the World Bank
The Securities Commission of Zimbabwe has engaged the World Bank to assist in the crafting of additional rules for the capital markets including, but not limited to, conduct of business, insider tradi...Published: 21 Oct 2011 at 07:40hrs | | by -
Zimbabwe Stock Exchange chairman quits
ZIMBABWE Stock Exchange interim board chairman Mr Sijabuliso Biyam has resigned under what we would term unclear circumstances. Mr Biyam was appointed interim chairman in March this year as Finance Mi...Published: 12 Sep 2011 at 05:13hrs | 3 | by Staff reporter
Load More Stories
