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26.5000 | -3.5000

FINSEC

656.82 | 0.00

ZSE ASI

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USD-ZAR

15.27 | 0.50

JSE All Share

57,822.50 | -0.18%

  • Fronteras Novastra makes it on GEM Portal

    Fronteras Novastra makes it on GEM Portal

    Enacy Mapakame Business Reporter Fronteras Novastra Investment Holdings Limited has been accepted on the recently opened GEM Portal as a Qualified Investor bringing with it an initial US$250 000 funding for small to medium enterprises. GEM Portal by Financial Securities Exchange (FINSEC) is a dedicated online platform designed for SMEs in need of raising capital […]

  • Zimbabwe: FINSEC Opens Up Growth Enterprise Market Platform

    Zimbabwe: FINSEC Opens Up Growth Enterprise Market Platform

    By Staff Reporter In December 2019 FINSEC, in partnership with the United Nations Capital Development Fund (UNCDF) unveiled a pioneering online funding platform designed to assist Growth Enterprises including Small and Medium Enterprises (SMEs) in accessing diversified capital raising options through the use of securities market infrastructure. Since the unveiling of this innovation, FINSEC and […]

  • FINSEC pilots first GEM Portal in Sub-Saharan Africa

    FINSEC pilots first GEM Portal in Sub-Saharan Africa

    Enacy Mapakame Business Reporter The first ever Growth Enterprise Market (GEM) portal in the region by  Financial Securities Exchange Limited (FINSEC) is now available and ready for small to medium enterprises (SMEs) in need of raising funding via capital markets. Launched last December, the GEM portal is a dedicated online platform designed for SMEs in […]

  • Finsec to launch new depository receipts

    Finsec to launch new depository receipts

    Enacy Mapakame Financial Securities Exchange Limited (Finsec), will soon launch new financial instruments — depository receipts — on its exchange that will allow local investors to buy financial instruments with ease in companies that are listed outside Zimbabwe. Depositary receipts are negotiable certificates issued by a bank representing shares in a foreign company traded on […]

  • Finsec to launch derivatives system

    Finsec to launch derivatives system

    Panashe Chikonyora and Chipo Chaumba Financial Securities Exchange Limited (Finsec) says it will soon launch an electronic trading system for derivatives on its securities platform. The company said the system will enhance transparency, promote diversification as well as curb the dangers associated with existing methods. Derivatives are financial securities with a value that is reliant […]

  • SMEs share trading portal nears finality

    SMEs share trading portal nears finality

    Enacy Mapakame Business Reporter The Financial Securities Exchange Limited (Finsec) says significant progress has been made towards operationalising its Growth Enterprise Market (GEM) portal for Small to Medium Enterprises (SMEs) with a draft framework now in place. The framework will also guide the disbursement of the $500 million venture capital fund, set aside by the […]

  • SMEs scramble for Growth Enterprise Market

    SMEs scramble for Growth Enterprise Market

    The Financial Securities Exchange Limited (Finsec) says Small to Medium Enterprises (SMEs) from across the sector are scrambling to register for on-boarding on its Growth Enterprise Market (GEM) portal a month after its launch. The GEM portal is a dedicated online platform designed for SMEs in need of raising capital for retooling operations, increase productivity, […]

  • Kumusha Power eyes FINSEC listing

    Kumusha Power eyes FINSEC listing

    BY FIDELITY MHLANGA GOODBOOK Investments trading as Kumusha Power, envisages to list on the Financial Securities Exchange ((Finsec) platform next month to raise capital, in what would be the first energy initial public offer (IPO). Speaking at the Institute of Chartered Accountants of Zimbabwe Winter School in Sun City, South Africa last week, the company’s […]

  • Shot in the arm for users with busy schedules

    Shot in the arm for users with busy schedules

    C-TRADE is focused on creating convenience and increasing participation and activity on the stock market. It gives an opportunity to the Zimbabwean citizenry to save, invest and earn through investments on the stock markets. For people with busy schedules who cannot afford to be constantly looking out for changes in the share prices to make […]

  • Capital markets low hanging fruits — Escrow

    Capital markets low hanging fruits — Escrow

    BY TATIRA ZWINOIRA Escrow Group CEO Collen Tapfumaneyi says there are huge opportunities to increase financial inclusion through the capital markets. Speaking at the inaugural “Investor Day Conference” last week, Tapfumaneyi said that capital markets held immense potential to contribute to the economy. “Zimbabwe in particular and Africa at large has huge potential. We are […]

Fronteras Novastra makes it on GEM Portal

Enacy Mapakame Business Reporter Fronteras Novastra Investment Holdings Limited has been accepted on the recently opened GEM Portal as a Qualified Investor bringing with it an initial US$250 000 funding for small to medium enterprises. GEM Portal by Financial Securities Exchange (FINSEC) is a dedicated online platform designed for SMEs in need of raising capital […]

November 20, 2020 Read More

Zimbabwe: FINSEC Opens Up Growth Enterprise Market Platform

By Staff Reporter In December 2019 FINSEC, in partnership with the United Nations Capital Development Fund (UNCDF) unveiled a pioneering online funding platform designed to assist Growth Enterprises including Small and Medium Enterprises (SMEs) in accessing diversified capital raising options through the use of securities market infrastructure. Since the unveiling of this innovation, FINSEC and […]

October 29, 2020 Read More

FINSEC pilots first GEM Portal in Sub-Saharan Africa

Enacy Mapakame Business Reporter The first ever Growth Enterprise Market (GEM) portal in the region by  Financial Securities Exchange Limited (FINSEC) is now available and ready for small to medium enterprises (SMEs) in need of raising funding via capital markets. Launched last December, the GEM portal is a dedicated online platform designed for SMEs in […]

Read More

Finsec to launch new depository receipts

Enacy Mapakame Financial Securities Exchange Limited (Finsec), will soon launch new financial instruments — depository receipts — on its exchange that will allow local investors to buy financial instruments with ease in companies that are listed outside Zimbabwe. Depositary receipts are negotiable certificates issued by a bank representing shares in a foreign company traded on […]

March 19, 2020 Read More

Finsec to launch derivatives system

Panashe Chikonyora and Chipo Chaumba Financial Securities Exchange Limited (Finsec) says it will soon launch an electronic trading system for derivatives on its securities platform. The company said the system will enhance transparency, promote diversification as well as curb the dangers associated with existing methods. Derivatives are financial securities with a value that is reliant […]

March 17, 2020 Read More

SMEs share trading portal nears finality

Enacy Mapakame Business Reporter The Financial Securities Exchange Limited (Finsec) says significant progress has been made towards operationalising its Growth Enterprise Market (GEM) portal for Small to Medium Enterprises (SMEs) with a draft framework now in place. The framework will also guide the disbursement of the $500 million venture capital fund, set aside by the […]

Read More

SMEs scramble for Growth Enterprise Market

The Financial Securities Exchange Limited (Finsec) says Small to Medium Enterprises (SMEs) from across the sector are scrambling to register for on-boarding on its Growth Enterprise Market (GEM) portal a month after its launch. The GEM portal is a dedicated online platform designed for SMEs in need of raising capital for retooling operations, increase productivity, […]

February 12, 2020 Read More

What to do in a bullish market

A bull market or a bull run refers to a stock market that is characterised by a sustained rise in share prices with most counters trending upwards. Bull runs normally occur when investors believe the positive trend will continue for the long term. Bull runs present an opportunity for investors to take advantage of rising […]

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Kumusha Power eyes FINSEC listing

BY FIDELITY MHLANGA GOODBOOK Investments trading as Kumusha Power, envisages to list on the Financial Securities Exchange ((Finsec) platform next month to raise capital, in what would be the first energy initial public offer (IPO). Speaking at the Institute of Chartered Accountants of Zimbabwe Winter School in Sun City, South Africa last week, the company’s […]

January 14, 2020 Read More

Finsec adds unit trusts

Enacy Mapakame Business ReporterFinancial Securities Exchange Limited (Finsec) will now start admitting unit trusts as it broadens channels by which investors can use as a hedge against obtaining inflationary pressures. The unit trusts will be open for both institutional and retail investors, although the main target is the latter as the country is getting more […]

June 16, 2019 Read More