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
BAT 3,668.70 368.70 11.17% 0.00%
ECONET 237.03 19.09 8.76% 0.00%
OLD MUTUAL 678.29 26.29 4.03% 0.00%
FCA 7.00 0.26 3.86% 0.00%
INNSCOR 164.98 5.52 3.46% 0.00%
Counter Price   Δ USc % Δ % Δ YTD
BINDURA 6.50 -0.61 -8.58% 0.00%
PPC 145.00 -5.00 -3.33% 0.00%
LAFARGE 150.00 -3.00 -1.96% 0.00%
AXIA CORPORATION 42.98 -0.02 -0.05% 0.00%
Market Commentary

Heavy capitalised stocks drives ZSE Indices …

Heavy capitalised stocks drove the market up in Tuesday’s session with the mainstream All Share Index putting on 3.11% to close at 166.03pts. The Industrial Index advanced 3.20% to end pegged at 558.12pts while, the Top Ten Index improved 4.23% to close at 173.39pts. Gainers were headlined by BAT that reversed yesterday’s losses with a 11.17% gain to close at vwap of $36.6870 trailed by Econet which was 8.76% firmer at $2.3703 on resurgent demand. Multi-listed group Old Mutual ticked up 4.03% to settle at $6.7829 having traded an intraday high of $7.0100 as it closed firmly bid at $6.7200 with no sellers. First Capital Bank rose 3.86% to $0.0700 while, Innscor soared 3.46% to $1.6498 wrapping the top five gainers of the day.

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Market Comment -14.11.2018
ZSE continued on a positive trajectory in mid-week session as the All Share Index gained 0.99% to 167.68pts while, the Industrials added 0.95% to...

Market Comment -13.11.2018
Heavy capitalised stocks drove the market up in Tuesday’s session with the mainstream All Share Index putting on 3.11% to close at 166.03pts. The...

Market Comment -12.11.2018
The ZSE extended gains in week-opener as three of the benchmark Indices closed in the black, with the primary All Share Index putting on 0.66% to...

Market Comment -09.11.2018
The market ended the week in the black buoyed by resurgent demand in momentum stocks. The mainstream All Share Index went up 1.60% to close at...

Weekly -09.11.2018
The ZSE rebounded in the week under review, spurred by the ongoing reporting season which saw the market’s top capitalised counters reporting some...


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