Online Reporter
Nqobile Bhebhe
Zimpapers Business Hub
ZIMBABWE’S capital markets are set for a major transformation after the Zimbabwe Stock Exchange (ZSE) received regulatory approval to set up the Zimbabwe Entrepreneurship Exchange (ZEEX), a dedicated platform designed to unlock funding opportunities for small and medium enterprises (SMEs) and emerging businesses.
The Securities and Exchange Commission of Zimbabwe (SECZim), the country’s capital markets regulator, approved the launch of the SME-focused exchange, which market players believe will play a significant function in broadening access to longterm capital and deepening the country’s financial markets.
ZEEX will provide a structured, transparent and cost-effective route for entrepreneurs and growing enterprises to raise capital while enhancing investor participation in Zimbabwe’s dynamic SME sector.
In a statement, ZSE said the approval represents a pivotal step in its long-term strategy to create a more inclusive capital markets ecosystem and extend financing opportunities beyond traditionally listed corporates.
“The Zimbabwe Stock Exchange Limited (ZSE) is pleased to advise stakeholders that it has received regulatory approval from the Securities and Exchange Commission of Zimbabwe (SECZim) to operationalise its Small and Medium Enterprises (SME) Exchange under the brand name Zimbabwe Entrepreneurship Exchange (ZEEX).
“This approval marks a pivotal step in the ZSE’s strategic mandate to broaden access to capital markets and advance the development of a more inclusive ecosystem,” said the exchange.
