admindespite calls for big corporates to go for initial public offers.
The Zimbabwe Stock Exchange last popped the champagne last year when Padenga Holdings unbundled from Innscor Africa and listed on the exchange.
Investment company LonZim and mining company Whetstone had hinted at the possibility of listing on the ZSE this year.
Padenga is the only company that listed by way of introduction since the advent of the multiple currency system in February 2009 while two others listed through a reverse listing.
TN Financial Holdings Limited listed through a reverse takeover of Tedco Holdings while Interfin Financial Services was admitted on the bourse through CFX Financial Services.
These are the only three counters which listed on the bourse since dollarisation.
Finance Minister Tendai Biti in 2009 said four public institutions could list on ZSE by 2011 but not even a single one has gone public.
Foreign companies operating in the country were also expected to list on the ZSE as a way of meeting indigenisation requirements.
Empowerment laws require foreign firms to extend 51 percent of their shareholding to local Zimbabweans and a number of foreign firms had opted for IPOs to meet the requirements.
Kingdom Financial Holdings Limited was also expected to list this year after completing its demerger from Meikles Limited.
Kingdom said tit was seeking dual listing on the ZSE and most probably on the Johannesburg Stock Exchange.
During the period under review two companies delisted from the exchange.
Pharmaceutical group Caps Holdings delisted in September this year to pave way for new investors in the group and raise about US$15 million to recapitalise operations.
The group said funds could possibly be raised by way of new shares or other equity instruments through a possible rights issue or private placement.
Caps said the decision to delist was to enable directors to be flexible and facilitate speedy decision-making.
However, the group indicated it would return on the bourse.
Red Star, a subsidiary of starafricacorporation, was also delisted and later bought by Westfoods which is planning to relist the wholesale business.
Textile company David Whitehead Textiles also delisted from the ZSE following a spate of operational problems.
ZSE has a total of 77 counters of which four are mining counters.
Out of the 77 counters, three are suspended with TZI and Barbican having been suspended for the past eight years. Steelnet is also suspended after it was placed under judicial management.
Online Reporter