Paul Nyakazeya, Group Digital Editor 
FINCENT Securities (Fincent) says the Zimbabwe Stock Exchange (ZSE) should list more derivatives to hedge against the threat of a thin board amid looming de-listings.
The government last year laid out a framework for exchange traded funds (ETFs) and real estate investment trusts (REITs), but the ZSE has so far only listed one such instrument ― the Old Mutual ZSE Top Ten Index ETF, which started trading in January.
“ZSE witnessed a number of delistings and mergers during 2020. More companies may delist if the country’s economic prospects do not change. There is a need to bring diversification through the launch of more ETFs, REITs and derivatives… we remain hopeful that more will be listed on the bourse in the next 12 months,” Fincent said in a recent note.
The ZSE has of late seen a number of structured deals linked to de-listings.
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