Chengetedzai ushers an era of development in Zimbabwe’s capital markets

Chengetedzai Depository Company Limited, Zimbabwe’s first central securities depository (CSD), which was co-promoted by the founders and shareholders of Aura Group (Pvt) Ltd has revolutionised the clearing and settlement of Zimbabwe Stock Exchange traded transactions. The forming and establishment of Chengetedzai was the brainchild of Aura Group Directors Samuelle Dimairho, Nikhil Bhulabhai, Anthony Kates as well as other co-founders.

The company commenced live operations in September 2014 and has since amassed over USD1.5billion worth of securities under deposit and provided clearing and settlement of over USD350million worth of Zimbabwe Stock Exchange trades.

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