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Chengetedzai Depository Company Limited
Information by Research TrustFinance
Chengetedzai Depository Company Limited is a key financial market infrastructure entity in Zimbabwe, licensed by the Securities and Exchange Commission of Zimbabwe (SECZIM) in 2010 and commencing operations in 2014. The company's core mission is to provide a secure, efficient, and convenient central securities depository for the Zimbabwe Capital Market. It manages the electronic book-entry system for securities, replacing physical share certificates (dematerialization), and facilitates the clearing and settlement of all trades conducted on the country's stock exchanges, thereby reducing risk and enhancing market efficiency.
Zimbabwe
Industry
Financial