The Zimbabwe Stock Exchange (ZSE) has launched an issuers programme meant to equip and mentor potential issuers in the country through an all-paid programme.
Chief executive, Justin Bgoni, in a statement said the Prospective Issuers Training Programme is one of the ZSE’s strategic initiatives to promote listings and the chosen candidates will receive the course at no cost.
“The structure of the programme entails practical sessions to ensure that companies receive comprehensive guidance and support throughout the listing process,” he said.
According to the ZSE, the prospective issuers training programme is a structured initiative created to provide advice, support and mentorship to potential issuers interested in entering the capital markets through an initial public offering (IPO) or other listing methods.
The training programme will be administered by industry experts within the capital markets ecosystem covering the following key areas, listing process, listing requirements, compliance obligations and market dynamics, guidance on navigating listing challenges, financial and integrated reporting and corporate governance among others.
Bgoni said the training will encompass practical workshops where executive directors will attend and the program is structured in three sessions running for three months.
The training will encompass practical workshops where executive directors will attend and the program is structured in three sessions running for three months.
“Prospective Issuers interested in applying for the programme, will apply via the web portal www.events.zse.co.zw Applications are open from 09 February 2024 and will close on 08 March 2024. The successful applicants will be communicated to after completion of the selection process,” he said.
The training benefits to prospective issuers include capital raise as listing on the exchange avails an additional capital-raising platform for prospective issuers.
Bgoni said listing enhances a company’s corporate image to its stakeholders and an enhanced image is valuable and can lead to customer retention, better trade terms with suppliers, lower cost of borrowing and attraction and retention of skilled human capital.