Securities and Exchange Commission (SEC)
 | |
| Formation | September 1, 2008 |
|---|---|
| Type | Governmental organization |
| Purpose | Regulation |
| Headquarters | Block C, Ground Floor, Smatsatsa Office Park, Borrowdale Road, Borrowdale, |
| Location | |
Key people | Tafadzwa Chinamo |
| Website | www |
| Contacts: Tel +263 (0)242 870042-46, 870048-49 870080-81, email: seczim@seczim.co.zw | |
Securities and Exchange Commission of Zimbabwe (SECZ) is a government regulatory authority for the securities and capital markets in Zimbabwe. It was established in September 2008 through the enactment of the Securities Act (Chapter 24:25). Commissioners were appointed on 1 September 2008 whilst the Secretariat was established in 2009. The Commission reports to the Ministry of Finance and Economic Development.
Regulatory functions
- Regulates trading and dealing in securities; and
- Registers, supervise and regulate securities exchanges
- Licenses, supervise and regulate licensed persons
Objectives
The stated objectives of SECZ 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
Structure of SECZ
Leadership
- Tafadzwa Chinamo - CEO
SECZ Commissioners
- Livingstone Gwata, Chairperson
- Harrison Nkomo, Commissioner
- Florence Ziumbe, Commissioner
- Pearson Chitando, Commissioner
- Ethel Chitanda, Commissioner
- Godfrey Manungo, Commissioner
- Yona Banda, Commissioner
- Paradza Paradza,Commissioner
