CHENGETEDZAI Depository Company (CDC) has revealed unclaimed share certificates worth ZiG91 323 334,12 and US$3 935 185,96 as of the end of 2025, NewsDay Business can reveal.
Unclaimed shares are securities surrendered by stockbrokers to the Investor Protection Fund (IPF) after remaining inactive for a prescribed period.
In July 2025, the Securities and Exchange Commission of Zimbabwe (SecZim) resumed the administration of unclaimed shares from the IPF.
At the time, the regulator explained the move was meant to ensure continuity, noting that the unclaimed shares were created through a SecZim directive and that the IPF, which also falls under SecZim, does not have a permanent secretariat.
These unclaimed assets are held by the CDC, as it operates a central securities depository for Zimbabwe’s securities industry.
“As of December 31, 2025 they were valued at ZiG91 323 334,12 and US$3 935 185,96,” CDC chief executive officer Prosper Mutorogodo told NewsDay Business in an interview.
“Last quarter a total of 14 certificates valued at ZiG156 540,43 and four certificates valued at US$863,29 were claimed.”
Despite these recoveries, a substantial amount of unclaimed assets remains.
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Mutorogodo said the company would continue working with key stakeholders on collaborative initiatives to improve market efficiency and align with international best practice.
Consequently, NewsDay Business understands that the CDC has embarked on a campaign to educate the public about the unclaimed shares and how they can be reclaimed.
