SECZ and Victoria Falls Financial Centre Sign Capital Markets Cooperation Deal

By Simba Zimunya

The Securities and Exchange Commission of Zimbabwe (SECZ) and the Victoria Falls International Financial Services Centre have signed a Memorandum of Understanding (MoU) to strengthen cooperation in capital markets development and regulation.

The agreement is expected to improve information sharing, skills development and technology transfer between the two institutions as Zimbabwe seeks to strengthen its position as an attractive destination for local and international investors.

Agreement Targets Investment and Capital Flows

SECZ Acting Chief Executive Officer, Commissioner Tichaona Mushambadope, said the agreement followed discussions between the two institutions and reflected their shared commitment to developing Zimbabwe's financial sector.

Speaking to ZBC News, Mushambadope said the success of the partnership would depend on implementing the objectives agreed upon by both institutions.

He said the institutions were exploring ways to encourage growth and improve capital flows into the country.

Investor Protection Among Key Priorities

The MoU is also expected to strengthen safeguards for local and foreign investors while supporting the development of Zimbabwe's capital markets.

Mushambadope said the agreement had been structured to protect investors' interests and help unlock shareholder value.

The initiative forms part of broader efforts to improve Zimbabwe's attractiveness to investors.

What the Partnership Means for Zimbabwe

SECZ is responsible for regulating the country's securities and capital markets, while the Victoria Falls International Financial Services Centre operates within Zimbabwe's special economic zone framework, with a mandate to attract international financial services and investment.

Cooperation between the institutions could support a more coordinated approach to financial market development, regulatory collaboration and investor engagement.

However, the agreement's practical impact will depend on how effectively the institutions implement its objectives, including the proposed information sharing, skills development and technology transfer.

The signing marks a step towards closer institutional cooperation. Its contribution to increased investment and capital flows will ultimately depend on the results delivered.