Nelson Gahadza
Senior Business Reporter
Zimbabwe’s capital markets are poised for deeper transformation in 2026, driven by ongoing regulatory reforms, new disclosure requirements and strengthened investor-protection mechanisms.
Mrs Grace Berejena, the Securities and Exchange Commission of Zimbabwe (SecZim) acting chief executive officer, in an interview, said progress made in 2025 has laid the groundwork for stronger market performance next year.
“The commission reinforced compliance through proportionate enforcement actions, while new legislation enabling the Zimbabwe Stock Exchange to self-list through ZSE Holdings enhanced institutional independence, transparency, and alignment with international best practices.
“Enhanced oversight of financial crime and compliance risks also played a role, as reflected by the marginal improvement in the SecZim 2025 money-laundering sector risk-assessment rating from 0.40 to 0.39.
“This indicates that capital markets participants are gradually responding to supervisory reforms and tightening their internal controls,” she said.
However, she noted that further progress is required as we move into 2026, and the key priorities include expanding the range and number of listings, particularly viable products.
SecZim is a statutory body responsible for regulating and supervising the country’s securities and capital markets and its primary goal is to protect investors and promote the development of free, fair, and orderly capital markets in Zimbabwe.



