Imara Edwards Securities

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Imara Edwards Securities

What We Do

The company offers execution-only stock broking services and our operations are governed mainly by the Securities and Exchange Act, Listing Requirements as well as the ZSE Members’ Rules. More information relating to our licensing is available on the ZSE and SECZ websites at www.zse.co.zw and www.seczim.co.zw respectively.

We serve a broad range of both institutional and individual investors and are the broker of choice to foreign portfolio investors. Imara Edwards pioneered the concept of equities research in Zimbabwe, and retains the reputation for commitment to this area. In addition to the core equities trading business, Imara Edwards was historically involved in the vast majority of listed company corporate actions in a sponsoring broker role. We are appointed sponsoring brokers to some of the market’s largest companies including Delta Corporation, Old Mutual Limited and Simbisa Brands

Where we come From

What we Stand for

Imara Edwards Securities, formerly an associate of
JP Morgan, was established in 1954 and is recognised
as one of the largest stock broking and securities
houses in Zimbabwe with an estimated average
market share of 15%.

At a Glance

Key Personnel Company- size Contacts # Address

Key Personnel

  • Three licensed stockbrokers
  • One Equities Dealer
    Three resident research analysts
  • A Team of experienced back office staff

Mid-sized with between 10-20 employees

Telephone numbers
+263 4 700000/ 791318/ 790090/ 790164/
790304
Fax: +263 4 791 235/ 791345

Physical address
Block 2 Tendeseka Office Park, Samora Machel
Avenue East, Eastlea, Harare, Zimbabwe

Postal address
P. O. Box 1475, Harare, Zimbabwe

About Us

Our People

The executive management team comprises Sebastian Gumbo, Phenias Mandaza and Thedias Kasaira. Upon conclusion of a “Management Buy Out” in December 2022 the team acquired 100% of the equity in the business from Imara Capital Zimbabwe. The company’s 3 executives each have vast experience in equity sales and trading.

Sebastian (Seb) has over 15 years of professional experience and a solid background in listed equities both in Zimbabwe and across the African continent.
Sebastian Gumbo

Sebastian Gumbo

Managing Director
Phenias has worked in the Zimbabwe financial services industry in Zimbabwe for over 15 years holding various roles in both the asset management and stockbroking industries.
Phineas Mandaza IES

Phenias Mandaza

Executive Director
Thedias Kasaira is one of Zimbabwe’s longest serving stockbrokers having joined Imara Edwards in 1991, acquiring his registration in 1996.
Tedius Kasaira

Thedias Kasaira

Executive Director

Financial Resources

Imara Edwards has a consistent profit history and is audited annually. The company is adequately capitalised, and meets the ZSE and SECZ requirements regarding capital and liquid reserves. All client stock is held in segregated accounts at the central scrip depositories and is not reflected on our balance sheet.

Professional Indemnity

Imara Edwards has professional indemnity cover held with a reputable domestic insurer

Recent

Execution Performance History

Global and

Regional Partners

Botswana

Stock broking

Stock broking

Stock broking

  • Stock broking,
  • corporate finance and
  • asset management
  • Stock broking – in association with Auerbach Grayson & Co.

Stock broking

Team

Contact information

Sales and Trading

Addmore Chakurira | Head of Research | +263 772 265 454