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
FCA 6.36 1.06 20.00% 7.80%
ZPI 3.00 0.48 19.05% 19.05%
MEIKLES 63.00 8.00 14.55% 23.53%
FIDELITY 10.00 1.25 14.29% 14.29%
CBZ 17.63 2.13 13.74% 13.74%
Counter Price   Δ USc % Δ % Δ YTD
STAR AFRICA 1.40 -0.21 -13.04% 7.69%
Market Commentary

Bullish sentiment prevails…

The market traded in the black in Thursday’s session as investors continued to seek refuge against anticipated inflationary pressures after a fuel price hike. Bullish sentiment persisted as the market resumed trades after a two-day break to see the All Share Index advancing 2.85% to close at 153.25pts while, the Industrial Index rallied 2.88% to end at 511.67pts. The Top Ten Index improved 3.13% to 154pts spurred by gains in heavy capitalised stocks. The Mining Index was stable at 207pts with no trades recorded in the sub-sector. Banking group First Capital headlined the risers of the day after putting on 20% to trade at $0.0636 while, property concern ZPI added 19.05% to $0.0300. Meikles and Fidelity followed with surges of 14.55% and 14.29% to settle at respective prices of $0.6300 and $0.1000. Completing the top five gainers of the day was CBZ ... [more]

Market Comment -17.01.2019
The market traded in the black in Thursday’s session as investors continued to seek refuge against anticipated inflationary pressures after a fuel...

Market Comment -14.01.2019
ZSE opened week in a bullish mode as Zimbabwe appeared to be headed for unrest as protests against the recently announced hike in fuel prices which...

Weekly -11.01.2019
The second week of the new year saw the market end in the red despite signs of a rebound in the final session of the week where the market saw a...

Market Comment -10.01.2019
The mainstream All Share Index and the Industrial Index recovered in today’s session posting an identical marginal gain of 0.13% to close at...

Market Comment -09.01.2019
The Top Ten Index ended in the black in mid-week session after putting on a marginal 0.07% to close at 140.96pts as losses in Econet and Innscor were...


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