Who is SECZ
The Securities and Exchange Commission of Zimbabwe was established through the enactment of the Securities Act (Chapter 24:25). Section 3 of the Act provides for the establishment of the Securities and Exchange Commission which is the regulatory body for the securities and capital markets in Zimbabwe. Commissioners were appointed on 1 September 2008 whilst the Secretariat was established in 2009.
The SECZ’s Key functions are:
- To regulate trading and dealing in securities; and
- To register, supervise and regulate securities exchanges
- To license, supervise and regulate licensed persons
- To encourage the development of free, fair and orderly capital and securities markets in Zimbabwe
- To advise the Government of Zimbabwe on all matter relating to securities and capital markets
- To promote investor education
A reliable regulator of diverse and efficient capital markets underpinned by strong institutions by 2030.
To protect investors through effective regulation of capital markets.
- The key objectives of the Commission are:
- Providing high levels of investor confidence
- Reducing systemic risk in the capital markets
- Promoting market integrity and investor confidence
- To prevent market manipulation, fraud and financial crime
- Ensuring transparency in capital and securities markets
- Promoting investor education
- The Commission reports to the Ministry of Finance.
Fairness
We are just and impartial in all our decisions and actions. We are consistent and transparent in our conduct.