Cass Saddle’s Agriculture Exchange Traded Fund (ETF), made up of listed agricultural sector equities, became the fifth ETF to list on the Zimbabwe Stock Exchange (ZSE) this year with the local bourse anticipating more listings before year end.

AFTER opening its new US$20 million Highland Park Mall in Harare, property company Terrace Africa has announced a plan to list a real estate fund on the Zimbabwe Stock Exchange by year end.

The Victoria Falls Stock Exchange Limited (VFEX), a subsidiary of the Zimbabwe Stock Exchange (ZSE), has introduced broker controlled accounts in order to ensure convenience in trading on the US dollar denominated stocks trading platform.

Market capitalisation on the Zimbabwe Stock Exchange (ZSE) reached $2,7 trillion as of Thursday last week, before the Easter break, gaining significantly since the beginning of the year, according to official data. Weekly turnover was $578,7 million.