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
SEEDCO 195.00 9.98 5.39% 0.00%
OLD MUTUAL 541.33 26.47 5.14% 0.00%
FBCH 25.00 1.00 4.17% 0.00%
AFRICAN SUN 8.10 0.07 0.87% 0.00%
PPC 110.01 0.01 0.01% 0.00%
Counter Price   Δ USc % Δ % Δ YTD
BARCLAYS 6.20 -0.75 -10.79% 0.00%
DELTA 202.59 -10.47 -4.91% 0.00%
EDGARS 8.50 -0.38 -4.28% 0.00%
PADENGA 62.00 -1.00 -1.59% 0.00%
CBZ 15.98 -0.02 -0.12% 0.00%
Market Commentary

ZSE ends week in losses…

The market weakness continued in the end of week session as the broad indices closed in the red. The All Share Index lost 0.75% to close week at 112.55pts while, the Industrials ended at 377.54pts after trimming 0.94%. The Top Ten Index went down 1.22% to finish at 113.77pts as losses in Delta outweighed gains in SeedCo, Old Mutual and Econet. Banking group Barclays headlined the fallers of the day after letting go 10.79% to $0.0620 while, beverages company Delta succumbed 4.91% to settle at $2.0259 having traded at an intra-low of $2.0000. Apparel retailers Edgars fell 4.28% to $0.0850 while, Padenga was down 1.59% at $0.6200. CBZ completed the day’s losers after dipping 0.13% to $0.1598 closing with a spread of $0.1500-$0.1595.

Topping the gainers list was Art with an 18.06% lift to $0.0850, ... [more]

Market Comment -21.09.2018
The market weakness continued in the end of week session as the broad indices closed in the red. The All Share Index lost 0.75% to close week at...

Weekly -21.09.2018
The market’s top capitalised stocks succumbed to a market sell off that saw the Top Ten Index emerge as the worst performer amongst the benchmarks...

Market Comment -20.09.2018
The market trended southwards again in Thursday session as the market heavies weighed on the benchmarks.Three broad indices faltered with the primary...

Market Comment -19.09.2018
The midweek session saw a marked improvement in the activity aggregates with volumes of shares traded ballooning 246.73% to 7.99m while, market spend...

Market Comment -18.09.2018
Three of the ZSE indices rebounded in Tuesday’s session after six consecutive days of losses. The All Share Index gained 0.28% to close at 114.81pts...


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