Securities and Exchange Commission of Zimbabwe (Secz)

Brokerage fee cut defended

Brokerage fee cut defended

The Securities and Exchange Commission of Zimbabwe has defended the recent move to slash transaction fees on the stock exchange by almost 5%, following an outcry by brokers who say they were not consulted in a decision that significantly reduces their earnings.

Secz, listed firms collide

Secz, listed firms collide

COMPANIES with no history of paying dividends should not be allowed to buy back their shares amid concerns of abuse by majority shareholders, the country’s capital markets regulator has said.

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