HARARE, Jun. 5 (NewsDay Live) – The Zimbabwe Stock Exchange (ZSE) has received regulatory approval from the Securities and Exchange Commission of Zimbabwe (SECZim) to operationalise its Small and Medium Enterprises (SME) exchange under the brand name Zimbabwe Entrepreneurship Exchange (ZEEX).
In a statement, ZSE said the approval marks a significant milestone in its efforts to broaden access to capital markets and promote a more inclusive financial ecosystem for emerging businesses.
The exchange said ZEEX is designed as an entrepreneurship-focused platform aimed at helping small and medium enterprises raise capital and access investment opportunities in a regulated market environment.
“ZEEX is a cutting-edge, entrepreneurship-focused platform purpose-built to unlock access to capital for small and medium enterprises operating in Zimbabwe’s dynamic, rapidly evolving economy,” ZSE said.
According to the exchange, the platform will offer efficient, transparent and cost-effective capital-raising and trading mechanisms tailored to the needs of emerging businesses.
ZSE said the initiative represents a major step in the development of Zimbabwe’s capital markets by creating new funding avenues for entrepreneurs and growth-oriented enterprises.
The new exchange will operate through two market segments — ZEEX Private Markets and ZEEX Public Markets.
ZEEX Private Markets will facilitate capital raising through structured private placements, providing entrepreneurs and businesses seeking pre-public investment with access to a regulated fundraising platform.
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Meanwhile, ZEEX Public Markets will support the raising of capital through public offerings, the listing of securities and secondary market trading.
The exchange said the public markets segment will provide emerging businesses with a transparent and credible pathway to access public capital markets and accelerate growth.
Market analysts say the launch of ZEEX could help address financing challenges faced by SMEs, which play a critical role in Zimbabwe’s economy but often struggle to secure long-term capital through conventional financing channels.
The ZSE said further details on the operational framework and listing requirements for ZEEX will be communicated to stakeholders in due course.
