THE Victoria Falls Stock Exchange (VFEX) extended its bull run in the nine months to September 30, 2025 driven by increased US dollar liquidity, record high gold prices and improved earnings from listed counters. The favourable market conditions have contributed to improved investor confidence and activity, resulting in augmented trading volumes. In its third quarter…
VFEX rallies on USD liquidity gains
During NDS1, the VFEX registered strong growth, with the number of listed counters tripling from five in 2022 to 15 by October 2025.