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
Counter Price   Δ USc % Δ % Δ YTD
OLD MUTUAL 741.00 -184.00 -19.89% 114.06%
DELTA 131.40 -32.58 -19.87% 44.40%
AXIA CORPORATION 20.05 -4.95 -19.80% 0.00%
BARCLAYS 5.62 -1.38 -19.71% 81.29%
ECONET 86.52 -20.78 -19.37% 154.47%
Market Commentary

Industrials continue to falter…

The Industrial Index lost a hefty 11.32% to close at 432.72pts with no counter registering positive movements as heavy cap counters lost ground. Econet topped the losers of the day after slumping 19.99% to close at $1.3400, Delta eased 19.94% to trade at $2.0375 while, OML and AFDIS dropped by respective margins of 19.58% and 18.37% to $$11,5000 and $1,5000. SeedCO capped the top losers list after succumbing 15.32% to see its shares being swapped lower at $2.6843. Meanwhile, the Mining Index was flat at 134.40pts. Bindura, Falgold, Hwange and Riozim remained constant at $0.0450, $0.0220, $0.0380 and ... [more]

Market Comment - 21.11.17
The ZSE industrial index tumbled further in Tuesday trades losing 10.36% to close at...

Market Comment - 20.11.17
Market weakness continued in Monday trades as heavy caps drifted lower in the week-opening session on mounting selling pressure due to the political...

Market Comment - 17.11.17
The Industrial Index lost a hefty 11.32% to close at 432.72pts with no counter registering positive movements as heavy cap counters lost ground....

Market Comment - 18.11.17
The Industrial Index lost a hefty 11.32% to close at 432.72pts with no counter registering positive movements as heavy cap counters lost ground....

Market Comment - 15.11.17
Bears haunted the ZSE in mid- week as the benchmarks slipped into the red in a session that had the fallers dominating the...


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