AMH is an independent media house free from political ties or outside influence.
We have four newspapers: The Zimbabwe Independent, a business weekly published every Friday, The Standard, a weekly published every Sunday, and Southern and NewsDay, our daily newspapers. Each has an online edition.
Marketing
Digital Marketing Manager: tmutambara@alphamedia.co.zw
The combination of thin trades, an exodus of key counters, and heightened tracking errors underscores the structural challenges facing ETFs on the ZSE.
All thanks to capital market participants, who advocated for the reduction of the capital gains withholding tax at a conference, which was held in Nyanga around that same period.
The favourable environment for capital raise in USD, reduced trading costs, forex retention benefits and tax incentives attracted 15 listings over the past four years.
By the close of 2023, the currency crisis had deepened, with the parallel exchange rate of US$/ZWL reaching 10 500, while the auction rate lagged behind at a 72% discount.
Currently, Delta accounts for 30% of the total ZSE market capitalisation and contributes over 50% of the average daily traded value on the local exchange.
The ZSE ended last year with a market capitalisation of US$1,67 billion, which declined further to US$1,48 billion in January 2025 and currently stands at US$1,45 billion.
This includes examining their relationship with macro-economic challenges, how most banks have managed to stay operational, and what the future holds for the sector.
In February, market activity was largely driven by the two most liquid stocks on the local bourse, which accounted for over 86% of total trading volume.
Recently, I booked a bus ticket with a local company to travel to one of our special economic zones. I was given the option to pay in either US dollars or Zimbabwean Gold (ZiG).