Frequently Asked Questions

If you can’t find the answer you are looking for, please contact us and we will be happy to help.

You can contact any of our brokers by email or telephone. See the contact details at the bottom of this website.

No. Unfortunately Lynton-Edwards no longer operates a safe custody service. We will be happy to refer you to a custodian in the process of setting up your account.

Our minimum investment is US$5,000. Thereafter a minimum investment of US$1,000 per counter is required. We recommend that investors who are not able to invest the minimum amount consider a unit trust investment.


For corporates we require the following documents:

  • Copies of identity documents of authorized signatories;
  • List of authorized signatories;
  • Certificate of incorporation;
  • CR14 and CR6;
  • Board resolution; and
  • A copy of a utility bill.


For individuals we require the following documents:

  • A copy of an identity document; and
  • Proof of residence.

You can contact us on les@lynton‐edwards.co.zw to ascertain our banking details. Once you have arranged the transfer, kindly send us a copy of the transfer to les@lynton‐edwards.co.zw.

No. Currently the ZSE is looking into establishing an electronic trading system and Central Depository but at present, scrip is still physical.

The ZSE begins trading at 10 am every week day excluding public holidays.

Trade confirmations are sent within 24 hours of the deal being completed. Trades are then settled on a T+7 day basis.

The Research Department at Lynton‐Edwards provides clients with daily price sheets, weekly Investor Alert newsletters and topical reports on companies and sectors of the economy periodically.

  • Daily Price Sheets

    Provide investors with all information necessary to understand the day’s trading session on the ZSE, including prices for every listed counter, detailed graphs tracking both indices as well as the market capitalisation, and tables highlighting the best and worst performing counters on a day‐to‐day and year‐to-date basis.

  • The Daily Commentaries

    A daily summary of market events and news within Zimbabwe, delivered to clients before the start of Call Over. This document contains international market data such as current exchange rates and commodity prices, daily news and ZSE market information from the previous day’s Call Over.

  • The Weekly Investor Alert

    This is a newsletter published every Friday, summarizing all of the week’s most important and topical news stories. It also provides in‐depth coverage of all corporate results, and provides readers with a weekly overview of the ZSE’s performance.

  • Topical Reports

    The Department’s sectoral and company reports are released intermittently and provide an in‐depth look into some of the most important areas of the Zimbabwean economy. Recent reports have explored the coal, cotton, gold and platinum sectors.

Certain reports are available on this website, while others are only accessible by clients of Lynton‐Edwards Stockbrokers. Free reports which are posted to this website are available on the ‘Downloads‘ page.

Yes. The Research Department often receives requests for specific research to be conducted and is happy to oblige. All reports, once published, are stored on a database accessible to clients from this website.

The ZSE operates a daily call‐over system.

Below is a table of the charges application on buying and selling shares on the ZSE:

Charge Buying Selling
Brokerage 1.00% 1.00%
Stamp Duty 0.25% 0.00%
Securities Commission Levy 0.18% 0.18%
Investor Protection Levy* 0.05% 0.05%
ZSE Levy / Fee 0.10% 0.10%
VAT @ 15% on Brokerage 0.15% 0.15%
Capital Gains Withholding Tax 0.00% 1.00%
Total costs 1.73% 2.48%
Both sides 4.21%

You can visit the ZSE and Securities Commission websites here:

  • ZSE: www.zse.co.zw
  • SEC: www.seczim.co.zw