IH Securities
IH Securities

IH Securities

Coverage: Zimbabwe
Inter-Horizon Securities is a securities trading company facilitating trade on the Zimbabwe Stock Exchange with a well-regarded equity research team that provides timely, accurate and unbiased views.
Location: Harare

Latest from IH Securities

IH Macro Economic Update: Zimbabwe vs. Peers

The local economy reflects the region in that there is above target Inflation, weakening Stock Markets, increasing Interest Rates and looming Political Events. However, the conditions are more pronounced given pre-existing inflation and exchange rate...
IH Securities Tatenda
Tatenda Makoni @ IH Securities 28 July 2022

Zimbabwe Mining Sector

Optimism for 2022 in the sector remains encouraged by ongoing developments in increasing capacity and the outlook on commodity prices. According to government estimates, production growth is expected to come in at 8% in 2022. Capital constraints and ...
IH Securities Tatenda
Tatenda Makoni @ IH Securities 19 July 2022

Zimbabwe 2022 equity strategy

Underlying output growth in Zimbabwe's primary sectors has been significant, with traditional driver agriculture giving way to mining, powered by marked recovery in PGMS and an early-stage rebound in gold from a low CY20 base. The parallel market pre...
IH Securities Tatenda
Tatenda Makoni @ IH Securities 17 February 2022
Zimbabwe 2022 equity strategy
Zimbabwe 2022 equity strategy

Zimbabwe Consumer Sector Report; Loosening The Purse Strings?

With talk of improving local macros one of the key questions has been, ‘is the Zimbabwean Consumer now in a better position?’ Salaries significantly lagged behind inflation in 2019, where y-o-y inflation reached 521% however, from 2020 there was reco...
IH Securities Tatenda
Tatenda Makoni @ IH Securities 21 September 2021

Padenga Holdings: FY20 earnings – consolidation of Dallaglio spurs revenues

Looking at the crocodile business; the global high-end leather goods market was not spared from COVID-induced depression in sales volumes for 1H20; albeit a strong recovery in sales in 2H20 driven by Asia as lockdown restrictions eased in that area. ...
IH Securities Tatenda
Tatenda Makoni @ IH Securities 22 June 2021

Zimbabwe: Covid update – riding the wave

The Medicines Control Authority of Zimbabwe has authorised the use of Sinopharm and Sinovac shots from China, Russia’s Sputnik V and India’s Covaxin. The government has set aside US$100mn for the vaccines to procure around 20mn vaccine doses in order...
IH Securities Tatenda
Tatenda Makoni @ IH Securities 26 April 2021