OUR TEAM

EDGETON T TSANGA.

MANAGING DIRECTOR (STOCKBROKER)

Edgeton is the Managing Director at EFE Securities. Edgeton set up EFE Securities in 2003 as the stockbroker. Edge began his career as a management trainee at Zimbank, after which he moved into the Stock broking field at Kingdom where he gained extensive training in the field. After a short stint at Sagit, he moved to Momentum. His hunger for success led him to set up Fidelity Securities as one of their brokers. Having gained vast experience and exposure Edgeton's vision of being a leading stockbroker gave birth to EFE Securities which is one of the most reputable broking firms in the country. Edge has a great understanding of the local and foreign financial and Commodities markets. He holds BSC (Hons) Degree Economics from the University Of Zimbabwe. He is a member of the Zimbabwe Stock Exchange and the Institute of Financial markets of South Africa. Edge is married to Anita and they have one child.

PHENIAS MANDAZA

EQUITIES ANALYST

Phenias is the head of research at EFE Securities having joined the company in 2009 as a research analyst. His career kicked off in 2008 at Imara Capital Zimbabwe as a clerk in the Asset management division and later moved to join the dealing team at the Stock broking arm of the same company in the same year. Phenias holds a B. Com (Hon) Finance Degree from the National University of Science and Technology awarded in the year 2008.

COREEN MADANHA.

COMPLIANCE OFFICER

Coreen is the compliance officer and she is responsible for making sure that the company transacts above board at all times. From 2004, she served articles for two and a half years at Camelsa Chartered Accountants, joined Purpose Asset Management initially back office and was promoted to Finance Officer. She comes to us from Alpha Asset Management were she served as an accountant for a year. Coreen is currently studying for her Accounting Science degree with UNISA and holds an ACCA Certificate in International Auditing. Coreen is married to Tobin.

Counter Price   Δ USc % Δ % Δ YTD
ZIMPLOW 8.10 0.28 3.58% 3.58%
SIMBISA 45.00 1.00 2.27% 8.88%
UNIFREIGHT 1.45 0.03 2.11% 2.11%
DELTA 157.52 0.93 0.59% 8.63%
OLD MUTUAL 494.75 2.13 0.43% 9.02%
Counter Price   Δ USc % Δ % Δ YTD
BARCLAYS 5.20 -0.30 -5.45% -13.33%
MEIKLES 30.00 -1.70 -5.36% 7.10%
ECONET 82.27 -3.96 -4.59% -12.90%
ZHL 2.99 -0.10 -3.24% 15.44%
DZLH 11.00 -0.05 -0.45% -1.79%
Market Commentary

Equities soften in Tuesday’s trades…

The bearish note on the ZSE persisted in Tuesday’s trades as all the Indices closed in the red. The mainstream All share Index lost a further 0.87% to 93.84pts, The Industrial Index succumbed to a 0.89% loss to 313.18pts, and the Top 10 Index tumbled 0.1.02% to settle at 93.50pts. The less active Mining Index remained flat at 134.37pts with no activity in the sector. Activity aggregates for the day were mixed with the volumes exchanged falling 16.48% to 1.90m, yielding a value outturn of $1.31m which was 38.87% up from prior session. Delta drove the value outturn for the second consecutive session with a 30.90% contribution, while CBZ, Nampak and Delta emerged the top volume contributors with respective contributions of 19.75%, 14.03% and 13.51%. Local participation dominated as Inflows accounted for 13.83% of the day’s turn over while, outflows added 18.81% of the same.

Dual listed PPC was the worst performer on a 5.99% plunge to close at a... [more]

Market Comment -17.01.2018
Mixed trades were witnessed in a mid-week session that saw the main stream All shares Index easing 0.64% to 93.24pts weighed down mainly by a 4.59%...

Market Comment -16.01.2018
The bearish note on the ZSE persisted in Tuesday’s trades as all the Indices closed in the red. The mainstream All share Index lost a further 0.87%...

Market Comment -12.01.2018
It was a characteristically low Friday on the ZSE with all benchmark indices closing in the red. The All share Index lost 1.95% to 94.69pts...

Weekly-12.01.18
The market slipped into further losses this week as sell offs persisted amidst lukewarm trades. All the Indices for the week...

Market Comment -11.01.2018
All ZSE benchmark indices closed the session pointing southwards, as demand in most counters continue to wane. The main Indicator ALL share Index,...


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