In an exclusive interview, Munyukwi, who will be heading for Johannesburg, South Africa on April 18, said: "Discussions are still ongoing with the JSE. But we hope we will conclude them soon and help raise capital for the ZSE.
"Our companies need to raise capital and this is possible by listing on the JSE. On April 18 we will be holding talks to discuss this very important issue."
He said he wanted to see Zimbabwe become a "premium investment destination".
"We seriously hope minerals will bring much needed cash for the economy," Munyukwi said.
"We want to be like Toronto in Canada which has mining listed companies but we do not have these on the ZSE right now. We were supposed to list a Canadian company last year but we hit a brick wall because of a few hitches. But that company is operating in Zimbabwe and we hope and are continuing to engage them."
He, however, did not want to reveal the name of the company that intends to list here from Canada citing confidentiality clauses with them.
The ZSE performed poorly in 2011 as the Industrial Index eased 3,6 percent while the Mining Index slumped 49,8 percent.
"The poor performance can be attributed to the scarce liquidity, unclear policies around economic empowerment and indigenisation and the Eurozone crisis," said prominent stock broking firm, Imara Edwards Securities (Private) Limited (Imara), in a commentary on the ZSE.
"Consequently, the market retreated although on thin volumes in normal trade as daily average value traded amounted to approximately US$1,9 million representing an average market turnover of a mere 0,04 percent. Foreigners were net buyers in 2011 and accounted for 71 percent of average daily turnover."
Post published in: Business