Africa Must Deepen Domestic Financial Markets to Achieve SDGs

📅 Published: August 15, 2025

Curated by AllZimNews.com

Unit trust funds and insurance were recorded at 0. 20% and 0. 19% respectively. “Overall, local investors continue to dominate the CSD accounts with 96% of the accounts opened in October and only 6% foreign.

In October 2020, the Zimbabwe Stock Exchange (ZSE) shed value as the market capitalization decreased from the previous month by 12. 98%.

The month recorded a turnover which was below that of September 2020 resulting in a 79% decrease in the total traded value,” said CSD. “The cumulative number of trades processed in 2020 increased to 38,145 and the CSD processed a total of 4,543 trades during the month under review.

Pension funds, Insurance and Foreign complete the top four with 31. 46%, 20. 84% and 21. 54% respectively.

Unit Trusts account for only 0. 45% of the market capitalization to the tune of ZWL$440 million,” said CSD.

CDC processed 220 securities deposits in the month of October compared to 621 in September 2020.

This brought the cumulative number of deposits since going live to 87 872.

The average Dematerialisation penetration ratio (Demat Ratio) across all counters remained at 53. 63% as at 31 October 2020.

The ZSE Equities Market shed value by 12. 98% to close the month of October 2020 with a market capitalization of ZWL$179. 69 billion compared to ZWL$206. 50 billion at close of September 2020.

As at end of October 2020, 55. 02% of the equities market capitalization was accounted for by securities registered on the CSD and had a total of ZWL$99. 87 billion in value. 🔗

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