Zimbabwe – a tale of two African stock exchanges
The Victoria Falls Stock Exchange (VFEX) is positioning itself as a gateway to international capital entering Zimbabwe and other southern African markets. Will it take liquidity away from parent company the Zimbabwe Stock Exchange (ZSE), or are the two bourses complementary? The VFEX was launched in 2020 as an “offshore” exchange where trading takes place […]
Zimbabwe Stock Exchange self-lists on 9 July
The Zimbabwe Stock Exchange will list itself on the trading board on 9 July. The self-listing is of the holding company Zimbabwe Stock Exchange Holdings Limited (ZSEHL) is to be by introduction, meaning that the existing shares are listed and no new shares issued. The restructure of ZSE Limited (ZSE) was approved by directors last […]
Zimbabwe exchange launches ZSE Direct trading
Thousands of Zimbabweans are using a digital trading platform ZSE Direct to buy and sell on the Zimbabwe Stock Exchange, and in the process boosting activity after foreign investors left. Monthly value traded on ZSE Direct has soared from $5m in January 2021 to $30m by August, according to news in The Chronicle. The online […]
Mobile phone app for trading on Zimbabwe securities exchanges
Investors can use their smartphones to check share and bond portfolios and send orders to stockbrokers in Zimbabwe with an online and mobile trading platform called C-Trade from today (4 July).
Runaway gains continue as Zimbabwe Stock Exchange soars
Zimbabwe Stock exchange continues to soar, with gains of 9.3% yesterday (14 September) in its industrials index which closed at 379.95, up by 163% this year.
Update 2 – Zimbabwe Stock Exchange automation successful
The Zimbabwe Stock Exchange started using its automated trading system (ATS) successfully on 6 July with rising volumes. It is a long-awaited change as the boursed move away from call over.
UPDATE – Zimbabwe Stock Exchange delays automated trading
The Zimbabwe Stock Exchange (ZSE) has announced that it did not launch electronic trading today as planned and this has been delayed indefinitely.
Zimbabwe Stock Exchange launches electronic trading 3 July
Electronic share trading is to go live today, 3 July, at the Zimbabwe Stock Exchange. There are new trading hours and only dematerialized securities can trade.
Woes of Zimbabwe Stock Exchange
The value of trading on the Zimbabwe Stock Exchange fell 22% in the first quarter of 2015 (compared to 2014), the bourse has been hit by controversies and several delistings.
Zimbabwe central depository brings shares on board
Chengetedzai Depository Company Ltd, Zimbabwe’s central securities depository (CSD), was reported that the last securities had been brought on board in March 2015.
Zimbabwe Stock Exchange new premises
Zimbabwe Stock Exchange moved to its new premises 44 Ridgeway North Highlands, Harare on 1 April.
Zimbabwe stock exchange moving to electronic trading and CSD
Electronic trading is coming to Zimbabwe Stock Exchange under a contract with InfoTech Group, and Chengetedzai Depository Company Ltd says 3 listed companies will be electronic from 8 Sept.
Foreign inflows soar on Zimbabwe Stock Exchange
Foreign inflows on the Zimbabwe Stock Exchange rose by nearly 40% in 2013, with more coming in the second half. However, capital-raising plummeted compared to 2012.
Zimbabwe Stock Exchange launches great investor relations (IR) drive
Congratulations to the Zimbabwe Stock Exchange on its excellent new website, including a very useful listed companies’ data terminal, including annual reports, charting, trading and other data. Good work by the ZSE team and Rob Stangroom at African Investor Relations.