What is Old Mutual Securities?

Old Mutual Securities (Pvt) Ltd was formed in 2010 and has since grown to be a formidable player in the securities market in Zimbabwe due to the company’s commitment to achieving success for itself and its clients through excellence, service and teamwork.

Old Mutual Securities (Pvt) Ltd is a member of the Zimbabwe Stock Exchange. Its client base includes institutions and high net-worth individuals, and it is able to service these discerning clients due to the stringent trading and service guidelines under which it operates.
What services do we offer?Our services include:
  • Sell and Buy orders to be executed within a reasonable period.
  • Adhere to the client’s specified limits.
  • Electronic distribution of price sheets and research output to clients timeously.
  • Provide quality and consistent research.
  • Attend to queries timeously.
  • Meet clients as and when requested.
  • Licensed market maker for the OM-ZSE Top 10 ETF
Old Mutual Securities
Old Mutual Securities ethical guidelines
  • Strict client confidentiality (including for client orders and trades) must be respected at all times.
  • Professionalism is insisted upon at all times, that is, no front running or shorting.
  • Ethical behaviour is insisted upon at all times.
Old Mutual Securities
Forms and documents

Mandate forms

Securities transfer forms

Terms and conditions

Please read the following terms and conditions.

Old Mutual Securities
Want to know more about Old Mutual Securities?Here you can get to know the Old Mutual Securities team and get in touch with us.
  • Seti Shumba - Managing Director

    Seti has been with Old Mutual Securities since inception in 2010. Prior to joining Old Mutual Securities, he served at ABC Stockbrokers as Director of Equities Research (1997 to 2004) and as Managing Director from 2004 to 2009. He is an Economist and also a qualified accountant (CIMA). He is also a licensed Stockbroker. From 1991 to 1998, he was a lecturer in Applied Corporate Finance on the MBA Programme run by the Graduate School of Management at the University of Zimbabwe. In addition to his role as Managing Director, Mr Shumba continues to oversee the quality of research sent to clients.


    Reggies Mtambo - Chief Dealer

    Reggies has a degree in Finance from the National University of Science & Technology (NUST) in Zimbabwe. He joined Old Mutual Securities from Imara Edwards Securities where he worked as an Equities Dealer from 2002 to June 2010. He has experience as a Back Office Manager with a local stockbroking firm. He is a licensed Securities Dealer with the Securities & Exchange Commission (SEC). As Chief Dealer, he is responsible for leading the dealing team and driving the company’s client acquisition and retention strategy.


    Tevian Chauraya - Dealer

    Tevian has a BSC Honours degree in Statistics from the University of Zimbabwe (UZ). She joined Old Mutual Securities from FBC Securities where she worked as Chief Equities Dealer from 2005 to March 2010. She has experience as a Back Office Manager with a local stock-broking firm. She is a licensed Securities Dealer with the Securities & Exchange Commission (SEC). As Dealer, she is responsible for order execution and growing the client base.


    Simbarashe Mandwendeza - Equity Analyst

    Simbarashe has an honours degree in Economics from the University of Zimbabwe (UZ). He transferred to Old Mutual Securities from the Old Mutual Investment Group (OMIG) where he was a Markets Analyst from 2008 to May 2010. As Equities Analyst, he is responsible for producing and disseminating quality research to clients. He is also responsible for generating in-house BUY and SELL recommendations.


    Trevor Mhlophe (Investment Analyst)

    Trevor has a Bachelor of Business Studies Honours degree in Finance and Banking from the University of Zimbabwe (UZ). He transferred to Old Mutual Securities from CABS in 2020. As an Investment Analyst, he is responsible for producing and disseminating quality research to clients. He is also responsible for generating in-house BUY and SELL recommendations.


    Tofarasei Mamvundwi (Back Office Administrator)

    Tofarasei has a Bachelor of Business Studies Honors degree in Finance and Banking from the University of Zimbabwe (UZ). Tofarasei is highly experienced having recently worked for Green Mining Capital as a Finance Executive. He also worked for a local stockbroking firm as an Equities Dealer from 2007 to September 2010. Prior to that he worked for a local stockbroking firm as a Back-office Administrator from 2005 to February 2007. He is responsible for the back-office functions of the company.

  • Postal address

    P O Box HR 1206
    Causeway
    Harare
    Zimbabwe


    Physical address

    Old Mutual Securities
    Fourth Floor CABS First Street
    Harare
    Zimbabwe


    Contact details

    +263 (0) 24 751 710
    +263 (0) 24 779 495/6
    +263 (0) 24 777 134
    +263 (0) 24 751 710
    +263 (0) 24 781 392
    +263 (0) 24 758 774