Victoria Falls Stock Exchange (VFEX) - A Growing Market Hub

The Victoria Falls Stock Exchange (VFEX) is an exciting development in the world of finance. It's a new market hub that's gaining traction.

VFEX is a specialized exchange that allows for the listing of Zimbabwean dollar-denominated securities, which is a significant advantage for investors. This allows them to invest in the local economy without the need for foreign currency.

The exchange is located in Victoria Falls, a popular tourist destination in Zimbabwe, which is a great location for attracting both local and international investors.

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The Victoria Falls Stock Exchange (VFEX) has been making waves in Africa, and it's not hard to see why. The record turnover is expected to attract even greater attention from investors, both regionally and internationally.

Experts believe the VFEX's performance could set a benchmark for other exchanges in Africa, encouraging more companies to list and enhancing market liquidity. This is a significant development, as it could lead to a surge in investment opportunities for both local and foreign investors.

The VFEX has demonstrated its resilience and potential to become a major financial hub in Africa, fostering economic growth and boosting investor confidence in Zimbabwe's evolving capital markets. This is a testament to the exchange's ability to adapt and thrive in a challenging economic environment.

Several companies have already taken notice of the VFEX's potential, with some choosing to list on the exchange instead of the Zimbabwe Stock Exchange (ZSE). This shift has led to a decline in prominent listings on the ZSE, with Delta Corporation Limited and Econet Wireless Zimbabwe being the most notable remaining stocks.

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The Victoria Falls Stock Exchange (VFEX) has been around for 5 years now, and it's worth taking a closer look at its performance. The VFEX has gained traction as a viable alternative to the Zimbabwe Stock Exchange (ZSE), especially for companies looking to escape the volatility of the local currency.

Several companies have delisted from the ZSE and started trading on the VFEX, which has led to a decline in prominent listings on the ZSE. The departure of key companies has had a significant impact on investment funds associated with the ZSE.

The OM ZSE TT ETF encountered difficulties in replicating its underlying index due to the delisting of major constituents, and it was proposed to delist and terminate the fund in November 2024 to preserve value for its unitholders.

The Victoria Falls Stock Exchange (VFEX) is now in its 5th year, and it's worth considering whether it's time to take it seriously.

Several companies have delisted from the ZSE in favor of trading on the VFEX due to the volatility of the local currency.

The departure of key companies has affected investment funds associated with the ZSE, such as the Old Mutual ZSE Top Ten Exchange Traded Fund (OM ZSE TT ETF), which encountered difficulties in replicating its underlying index.

Delta Corporation Limited and Econet Wireless Zimbabwe are the most notable remaining stocks on the ZSE, after several prominent listings moved to the VFEX.

The Old Mutual ZSE Top Ten Exchange Traded Fund (OM ZSE TT ETF) proposed delisting and termination in November 2024 to preserve value for its unitholders.