Almot Maqolo, Staff Writer 
DESPITE the economic challenges in Zimbabwe, the past year has seen promising trends on the Zimbabwe Stock Ex-change (ZSE). In a discussion with The Financial Gazette’s Almot Maqolo (AM), ZSE chief executive Justin Bgoni (JB) detailed positive market performances, investor interest, and initiatives designed to boost liquidity, offerings, and accessi-bility. Below are excerpts from the interview:
AM: What have been the major trends on the ZSE over the past year? What factors have contributed to these trends?
JB: From what we have seen, I think especially this year there have been good trades on ZSE and the market has gone up by more than 100 percent for the first two months. It seems there are very good trades on ZSE this year and value is going up as well. Some of it is in terms of money supply and inflation, and the ZSE tends to be a good place in terms of hedging. Also generally accepted was that the share prices on the ZSE were a bit on the low side, so people took advantage of that.
AM: Which sectors on the ZSE are demonstrating the most growth potential? Which ones are facing challenges?
JB: What we have seen is that it tends not to be in terms of sectors but in terms of size. We have seen that big counters like Delta and Econet have done well; they have done a lot of trades, which is not necessarily cascaded to the smaller counters that we have seen; it tends to be more dependent on the size of the company; the more liquid ones have done much better.
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