Zimbabwe’s capital markets regulatory authorities plan to introduce more global trading systems to improve the capital inflows.
Zimbabwe’s capital markets are currently lagging behind in terms of capital attraction with regulatory authorities pushing for more reforms by introducing global capital markets trading policies.
The policies which include disclosure of trading and protection of investors interest seek to reposition Zimbabwe’s competitive edge against other emerging or regional markets, said Investment Professionals Association trustee member Mr Ranga Makwata.
“It definitely has a positive net effect in attracting the much needed capital in the country,” he said.
Chinhoyi University of Technology Accounting and Finance senior lecturer Dr Tendai Mabvure said global trading practices will also boost confidence on Zimbabwe.
“What more can be expected in an economy that continues to require more investor confidence,” he said.
Despite a mixed set of trading by investors since January, Zimbabwe’s capital markets are still being considered as a safe haven for capital or funds.