Pension funds dominated equity purchases on Zimbabwe’s capital markets in the final quarter of 2025, accounting for nearly half of all shares acquired, according to the Securities and Exchange Commission of Zimbabwe (SecZim).
In its latest quarterly review, SecZim said pension funds were responsible for 45.36 percent of total purchases, equivalent to about ZiG540.09 million, out of the ZiG1.19 billion worth of trades settled through the Chengetedzai Depository Company and the Zimbabwe Stock Exchange (ZSE) Depository.
“Pension funds purchased 45.36 percent (ZiG540.09 million) of the total shares, followed by corporations, which accounted for 24.42 percent (ZiG290.80 million),” the regulator said.
Individual investors remained relatively small players on the buying side, accounting for 6.53 percent of total purchases, equivalent to ZiG77.74 million worth of shares.
On the selling side, other financial institutions led disposals during the period under review.
SecZim noted that the institutions “offloaded shares worth ZiG515.32 million, equivalent to 43.28 percent of total sales,” while individual investors sold equities valued at more than ZiG79.5 million.
SecZim also highlighted growing participation through digital trading platforms, as retail investors increasingly turn to online channels.
“A total of 37,982 investors had active accounts on online trading platforms, C-Trade and ZSE Direct, marking a 3.36 percent increase from 36,747 recorded in the previous quarter,” it said.
These platforms recorded buy trades worth ZiG4.08 million and sell trades totalling ZiG3.38 million during the quarter.
However, performance in the securities dealing sector deteriorated sharply.
Aggregate earnings plunged to ZiG5.55 million, representing an 87.66 percent decline from ZiG44.97 million in the prior quarter. – TML
In its latest quarterly review, SecZim said pension funds were responsible for 45.36 percent of total purchases, equivalent to about ZiG540.09 million, out of the ZiG1.19 billion worth of trades settled through the Chengetedzai Depository Company and the Zimbabwe Stock Exchange (ZSE) Depository.
“Pension funds purchased 45.36 percent (ZiG540.09 million) of the total shares, followed by corporations, which accounted for 24.42 percent (ZiG290.80 million),” the regulator said.
Individual investors remained relatively small players on the buying side, accounting for 6.53 percent of total purchases, equivalent to ZiG77.74 million worth of shares.
On the selling side, other financial institutions led disposals during the period under review.
SecZim noted that the institutions “offloaded shares worth ZiG515.32 million, equivalent to 43.28 percent of total sales,” while individual investors sold equities valued at more than ZiG79.5 million.
SecZim also highlighted growing participation through digital trading platforms, as retail investors increasingly turn to online channels.
“A total of 37,982 investors had active accounts on online trading platforms, C-Trade and ZSE Direct, marking a 3.36 percent increase from 36,747 recorded in the previous quarter,” it said.
These platforms recorded buy trades worth ZiG4.08 million and sell trades totalling ZiG3.38 million during the quarter.
However, performance in the securities dealing sector deteriorated sharply.
Aggregate earnings plunged to ZiG5.55 million, representing an 87.66 percent decline from ZiG44.97 million in the prior quarter. – TML