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  • IDBZ to list bonds on FINSEC

    IDBZ to list bonds on FINSEC

    The Infrastructure Development Bank of Zimbabwe (IDBZ) will list two bonds on the fixed income board of the Financial Securities Exchange (FINSEC) tomorrow as it moves to broaden market participation in the trading of the debt security. BY BUSINESS REPORTER Those that will be able to participate include stock broking firms, custodians and qualifying individuals […]

  • 2 million Old Mutual shares trade on ATP

    2 million Old Mutual shares trade on ATP

    Business Reporter More than two million Old Mutual Zimbabwe shares have traded on the Financial Securities Exchange (FINSEC) Alternative Trading Platform (ATP) board since December 2016, official figures have shown. Old Mutual Zimbabwe (OMLZ) is the only counter that is listed on the ATP although there are reports that a second listing is expected soon. According to […]

  • High ethical standards in the capital market, a key to economic growth.

    High ethical standards in the capital market, a key to economic growth.

    High ethical standards are critical to maintaining the public’s trust in the capital markets. FINSEC seeks to serve the public interest through the development and promotion of internationally recognised professional and ethical standards that have universal application across the entire spectrum of the capital markets. The Financial Securities Exchange offers a transparent and connected financial […]

  • FINSEC taps into retail market segment

    FINSEC taps into retail market segment

    The issue of capital markets and what they actually do is perceived to be complex, confusing and a reserve for the elite and big institutions. This is a myth that has persisted in the minds of many ordinary individuals in the country. As a result, the Zimbabwe capital market has suffered a domination by the institutional […]

  • Investor Protection on The FINSEC ATP

    Investor Protection on The FINSEC ATP

    Investors are the back-bone of the securities market. They not only determine the level of activity in the securities market but also the level of activity in the economy. It is imperative for the healthy growth of the economy that investors’ confidence in the market is maintained. The FINSEC Alternative Trading Platform (ATP) cultivates investor […]

  • SecZim launches investor awareness campaign

    SecZim launches investor awareness campaign

    The Securities Commission of Zimbabwe (SecZim) has launched an investor awareness campaign aimed at conscientising the public on the importance of investing in capital markets. A capital market is part of a financial system concerned with raising capital through dealing in shares, bonds and other long term investments. Speaking at the launch of the media […]

  • Mobile share trading by October

    Mobile share trading by October

    THE Securities and Exchange Commission of Zimbabwe (SECZ) is planning to introduce mobile share trading by October this year, in a move that could open the capital markets to broader participation. Tafadzwa Chinamo, the chief executive officer of SECZ, disclosed to this newspaper last week that the commission wants investors to start trading shares, from their mobile […]

  • $16m dividends unclaimed: SECZ

    $16m dividends unclaimed: SECZ

    Business Reporter CAPITAL markets regulator, the Securities and Exchange Commission of Zimbabwe, has said there are an estimated $16 million worth of unclaimed dividends since dollarisation.Ideally, after dividend declarations, transfer secretaries are required to disburse the dividend proceeds to shareholders in the form of cheques or transfers. However, it emerged some shareholders did not cash in […]

  • We’re a cog in global economy

    We’re a cog in global economy

    Zimbabwe’S spirited march to a prosperous economic future will not be encumbered by unflattering tags from merchants of negativity, Finance and Economic Development Minister Patrick Chinamasa has said. Minister Chinamasa’s remarks follow Zimbabwe’s inclusion on “The Fragile State Index” published by United States think-tank Fund for Peace in collaboration with Foreign Policy magazine. Harare strongly […]

  • More than $2bln TBs in issue – Mangudya

    More than $2bln TBs in issue – Mangudya

    HARARE, March 6 (The Source) – Zimbabwe currently has about $2.1 billion worth of treasury bills in the market, issued to bridge the government’s funding gap and clear the central bank’s debt, Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has said. The government’s domestic debt has ballooned from about $300 million in 2012 to […]

FINSEC comes alive as investors embrace platform

HARARE — Zimbabwe’s alternative trading platform, Financial Securities Exchange  (Finsec) recorded a total turnover of $1,2 million in November, the highest since its inception,  as investors seeking diversification embrace the platform. On Wednesday, Infrastructure Development Bank of Zimbabwe (IDBZ) became the second to list on the alternative trading platform, after listing its infrastructure bonds, which […]

December 5, 2017 Read More

IDBZ to list bonds on FINSEC

The Infrastructure Development Bank of Zimbabwe (IDBZ) will list two bonds on the fixed income board of the Financial Securities Exchange (FINSEC) tomorrow as it moves to broaden market participation in the trading of the debt security. BY BUSINESS REPORTER Those that will be able to participate include stock broking firms, custodians and qualifying individuals […]

November 28, 2017 Read More

2 million Old Mutual shares trade on ATP

Business Reporter More than two million Old Mutual Zimbabwe shares have traded on the Financial Securities Exchange (FINSEC) Alternative Trading Platform (ATP) board since December 2016, official figures have shown. Old Mutual Zimbabwe (OMLZ) is the only counter that is listed on the ATP although there are reports that a second listing is expected soon. According to […]

November 23, 2017 Read More

High ethical standards in the capital market, a key to economic growth.

High ethical standards are critical to maintaining the public’s trust in the capital markets. FINSEC seeks to serve the public interest through the development and promotion of internationally recognised professional and ethical standards that have universal application across the entire spectrum of the capital markets. The Financial Securities Exchange offers a transparent and connected financial […]

October 31, 2017 Read More

FINSEC taps into retail market segment

The issue of capital markets and what they actually do is perceived to be complex, confusing and a reserve for the elite and big institutions. This is a myth that has persisted in the minds of many ordinary individuals in the country. As a result, the Zimbabwe capital market has suffered a domination by the institutional […]

October 24, 2017 Read More

Investor Protection on The FINSEC ATP

Investors are the back-bone of the securities market. They not only determine the level of activity in the securities market but also the level of activity in the economy. It is imperative for the healthy growth of the economy that investors’ confidence in the market is maintained. The FINSEC Alternative Trading Platform (ATP) cultivates investor […]

October 3, 2017 Read More

SecZim launches investor awareness campaign

The Securities Commission of Zimbabwe (SecZim) has launched an investor awareness campaign aimed at conscientising the public on the importance of investing in capital markets. A capital market is part of a financial system concerned with raising capital through dealing in shares, bonds and other long term investments. Speaking at the launch of the media […]

July 31, 2017 Read More

Mobile share trading by October

THE Securities and Exchange Commission of Zimbabwe (SECZ) is planning to introduce mobile share trading by October this year, in a move that could open the capital markets to broader participation. Tafadzwa Chinamo, the chief executive officer of SECZ, disclosed to this newspaper last week that the commission wants investors to start trading shares, from their mobile […]

July 5, 2017 Read More

$16m dividends unclaimed: SECZ

Business Reporter CAPITAL markets regulator, the Securities and Exchange Commission of Zimbabwe, has said there are an estimated $16 million worth of unclaimed dividends since dollarisation.Ideally, after dividend declarations, transfer secretaries are required to disburse the dividend proceeds to shareholders in the form of cheques or transfers. However, it emerged some shareholders did not cash in […]

June 7, 2017 Read More

We’re a cog in global economy

Zimbabwe’S spirited march to a prosperous economic future will not be encumbered by unflattering tags from merchants of negativity, Finance and Economic Development Minister Patrick Chinamasa has said. Minister Chinamasa’s remarks follow Zimbabwe’s inclusion on “The Fragile State Index” published by United States think-tank Fund for Peace in collaboration with Foreign Policy magazine. Harare strongly […]

May 8, 2017 Read More