ZSE Warns Public Over Misleading Investment Inform...

ZSE Warns Public Over Misleading Investment Information by Aaron Sibanda

Zim Now Writer

The Zimbabwe Stock Exchange has issued a warning to the investing public concerning misleading investment information being spread by an individual named Aaron Sibanda.

According to an official notice dated August 18, 2025, the ZSE has become aware that Sibanda is using social media platforms to disseminate false information about investment returns and opportunities on the stock market.

The ZSE highlights a specific example of the misinformation, quoting Sibanda as saying:

“Can set up your investment account for stocks for you. After 2-3 hours of investing, you’ll receive from 20% profit on your initial investment.”

The ZSE clarifies that Aaron Sibanda is not affiliated with or authorised by the Zimbabwe Stock Exchange or its associate, the Victoria Falls Stock Exchange.

The notice urges investors to:

Verify authenticity: Ensure all investment information comes from official sources.

Consult licensed advisors: Only use the services of licensed stockbrokers and investment advisors, whose list is available on the ZSE website.

Avoid unlicensed individuals: Beware of anyone or any entity not recognized or regulated by the ZSE.

Report misinformation: Report any suspect activities to the ZSE or appropriate authorities.

The ZSE’s statement also says: “For the protection of investors, we urge you not to rely on investment-related information provided by unlicensed stockbrokers or individuals. A full list of licensed stockbrokers is available on the ZSE website (www.zse.co.zw).”

The exchange stresses that it will not be held responsible for losses incurred by those acting on misleading advice from unauthorized persons like Sibanda.

The ZSE encourages the public to report further instances of fraudulent or misleading information to their offices for investigation. For more information, the ZSE can be contacted via email at info@zse.co.zw.