Business & Economy

ANOTHER FIRM LISTS ON THE ZIMBABWE STOCK EXCHANGE

By Staff Reporter

2022 has begun with a bang for retail and institutional investors following the listing of another Exchange Traded Fund by stock broking and research house, Morgan and Company.

This comes soon after the launch of the Multi Sector Exchange Traded Fund (ETF) which provides investors with more options and expands the country’s financial markets.

Zimbabwe Stock Exchange Board Chair Caroline Sandura welcomed the new listing, saying it will add impetus to the development of the country’s financial markets.

Sandura said The Zimbabwe Stock Exchange will continue to offer investors more options and this listing will establish the ZSE as an attractive regional stock exchange.

So far, there are two ETFs listed on the Zimbabwe Stock Exchange since the Old Mutual Exchange Traded Fund was launched last year.

There has been great movement on the country’s capital markets, including the launch of the Victoria Falls Stock Exchange which was presided over by President Emmerson Mnangagwa last year.

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