The UNTU Capital Medium Term Note, dubbed U-Gain, has been listed on the Financial Securities Exchange (FINSEC) ,becoming the third fixed income instrument to be listed on the local securities market. This follows the listing of Getbucks on the Zimbabwe Stock Exchange (ZSE) and Infrastructure Development
In yet another opportunity to create financial inclusion, EcoCash has partnered a local micro finance company to allow the public to participate in the purchase of tradable bonds, set to raise $1 million in debt financing for start-ups and small businesses. EcoCash customers can purchase the
A local financial institution, UNTU Capital on Wednesday unveiled its first mobile based retail note named U-Gain which enables the unbanked population to buy shares on the stock exchange using mobile money platforms such as Ecocash and Telecash. Speaking to 263Chat, Untu Capital Chief Executive Officer,
“Capital Markets are intended to facilitate the mobilisation as well as appropriate deployment of funds for companies. This type of financial activity often has a positive effect on the economy as GDP Contributions increase with a corresponding rise in employment and tax contributions. U-Gain offers
UNTU Capital has just received its final approval from SEC to unveil the first mobile based retail note in Zimbabwe- U-Gain. The launch of U-Gain is targeting ordinary Zimbabweans in its first release set in December 2017. The mobile accessible retail note can primarily be
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