Datvest ETF posts strong growth

The development comes as authorities move to de-risk the Zimbabwe Stock Exchange-listed company. Akribos Nominees has made a profitable exit since acquiring a 23 percent stake in the bank in 2019 and the entry of cash-rich institutional investors is also expected to boost the group’s funding capacity, and the country’s develop­ment agenda.

DATVEST’S Modified Consumer Staples ETF reported a ZiG9,4 million inflation-adjusted net asset value for the year ended December 31, 2025, rising from ZiG7,3 million, driven by equity gains. The growth reflects a 45 percent year-on-year increase in the fair value of equity investments, underpinned by the fund’s diversified exposure to both the ZSE All Share…

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