THE decline in listed companies on the country’s stock exchanges is posing serious threats to the local capital markets by limiting access to capital, the Securities and Exchange Commission of Zimbabwe (SecZim) has warned.Due to a difficult economic climate and hefty listing maintenance fees, the Zimbabwe Stock Exchange (ZSE) has seen more than a dozen…
SecZim wary of rising company de-listings. . . mulls slashing licensing fees
“The key challenge is the operating environment which has been difficult…The capital markets cannot thrive if we have too much inflation, they cannot thrive if the gross domestic product is not growing.”