THE Zimbabwe Stock Exchange (ZSE) recorded a significant surge in both its top and bottom lines in the year ended December 31, 2023 allowing it to declare a full year dividend of ZiG5,25 and US$0,88 per share despite strong macroeconomic and market headwinds.
In 2023, the exchange realised a 303,84 percent jump in its inflation adjusted profit to $6,83 billion from $1,69 billion in 2022.
Revenue went up 279,61 percent to $32,9 billion in 2023 from $9,69 billion in 2022. Most of the income was generated from annual listing fees, which contributed $26,59 billion, a 513 percent rise from $4,34 billion in 2022.
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ZSE chief executive, Justin Bgoni
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