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
PPC 114.12 15.29 15.47% 107.49%
ZHL 2.00 0.20 11.11% 21.21%
BINDURA 4.25 0.23 5.72% -1.16%
HIPPO 142.66 7.66 5.67% 359.45%
DELTA 252.65 12.78 5.33% 177.64%
Counter Price   Δ USc % Δ % Δ YTD
ARISTON 2.70 -0.32 -10.60% 671.43%
TURNALL 1.21 -0.09 -6.92% 42.35%
Market Commentary

Industrials in the black as bulls dominate…

Block trades in crocodile skin producer Padenga highlighted the session as 2.76m shares exchanged hands in the counter. The stock anchored the value and volume aggregates of the day claiming 35.22% and 32.37% respectively. Volumes received a flattering 6.46% uplift to 7.83m shares with values rising 174.05% to $7.67m. Other notable trades of the day were seen in top capitalised stocks Simbisa and Innscor which contributed a combined 30.63% of the volume outturn. Foreign participation dominated on both the sell side and the buy side after improving 3595.54% on yesterday and 498.93% on the sell side. The bullish session saw the risers at fourteen and fallers stood at two amongst the sixteen active stocks resulting in a positive market breadth of twelve.

Resultantly, the Industrial Index edged higher to ... [more]

Market Comment -26.09.17
Block trades in crocodile skin producer Padenga highlighted the session as 2.76m shares exchanged hands in the counter....

Market Comment -25.09.17
The industrials extended gains in the week opening session to see the main indicator tick up 4.20% to end pegged at 381.44pts....

Market Comment -22.09.17
The Industrials rebounded in the week ending session to 366.08pts after putting on 0.46%....

Market Comment -21.09.17
The ZSE eased for the fourth consecutive session in Thursday’s trades, dropping 0.74% to 364.42pts on the back of ten bulls and seventeen bears, as a...

Market Comment -20.09.17
The Industrial index continued its slowdown in mid-week trades as it closed in the red for a third successive...


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