Stock Exchange in Zimbabwe
The Zimbabwe Stock Exchange (ZSE) is the official stock exchange in Zimbabwe. It was founded in 1896 and open to foreign investment since 1993. There are two indices, namely the Zimbabwe Industrial Index and the Zimbabwe Mining Index.
The functions of the ZSE include: to mobilise and efficiently allocate resources for the country's economic development; to provide a fair, efficient, transparent and secure price discovery mechanism in a well regulated environment; to build liquidity through innovation.
ZSE is supervised by the Securities Exchange Commission (SEC), a statutory body established in terms of the Securities Act. SEC has the power to intervene in the event that irregularities arise in the areas of conduct of licensed members, financial difficulties, rejection of applications or termination of membership. The Exchange monitors the trading process to ensure transparency in the market and to prevent manipulation of the market.
* Next: Uganda Securities Exchange
The functions of the ZSE include: to mobilise and efficiently allocate resources for the country's economic development; to provide a fair, efficient, transparent and secure price discovery mechanism in a well regulated environment; to build liquidity through innovation.
ZSE is supervised by the Securities Exchange Commission (SEC), a statutory body established in terms of the Securities Act. SEC has the power to intervene in the event that irregularities arise in the areas of conduct of licensed members, financial difficulties, rejection of applications or termination of membership. The Exchange monitors the trading process to ensure transparency in the market and to prevent manipulation of the market.
* Next: Uganda Securities Exchange