The Securities and Exchange Commission of Zimbabwe has published its 2026 Annual Plan, setting out priorities for governance and administration and for capital market development and regulation. On the market-facing side, the plan targets 100% processing of capital market licence applications, enforcement actions, complaints, policy advice notes and corporate action assessments, while also providing for 18 supervisory inspections and 10 capital market training and outreach programmes. At outcome level, it seeks to raise anti-money laundering, counter financing of terrorism and proliferation financing enforcement, and prudential enforcement, to 100%. The plan links those measures to a broader objective of improving regulatory compliance and market development, while maintaining core internal functions such as rules development, legal and contract support, compliance reporting, stakeholder engagement, systems maintenance, enterprise risk reporting and audits. It also identifies increased turnaround times and rising regulatory burden on securities market intermediaries as key operational issues, with planned responses including use of an electronic government portal and streamlined regulatory processes. Other risks cited include resource constraints, resistance to change, inadequate monitoring and evaluation and oversight capacity, and cyber threats. For 2026, the plan budgets USD 960,000 for governance and administration and USD 426,000 for capital market development and regulation. The human resources plan shows 50 established posts, 31 filled positions and 19 vacancies for the budget year, and the monitoring framework schedules a summative evaluation in December 2026, with digital transformation to be reviewed quarterly.

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