Investor protection

Which investor protection mechanisms apply?
The market has the following investor protection mechanisms:-

Investor Protection Fund
This fund is managed by trustees appointed by the Securities Commission of Zimbabwe, with representatives from ZSE, SECZ, institutional investors, a judge and a member of the public. It is funded by 0.05% of the transaction value of every trade on the ZSE. The Fund is meant to cushion investors from loss in circumstances specified in the rules of the Fund.
Professional Insurance Policies
Each broking firm is required to carry a professional indemnity policy to make good any losses resulting from professional negligence or dishonesty by any of their employees. Over and above the underlying individual Professional indemnity cover, the ZSE has the umbrella liability policy which picks up excess losses.

Media Centre

ZSE Vacancy (ICT Systems Administrator)

15 November 2018

Applications are invited from suitably qualified and experienced individuals to fill the following learning and...

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