THE country’s equity market recovery is increasingly dependent on new listings at the Victoria Falls Stock Exchange (VFEX), rather than migrations from the Zimbabwe Stock Exchange (ZSE), as tight monetary policy and structural constraints continue to limit overall market appeal, First Mutual Wealth (FMW) has said. This development would mark a strategic shift by issuers…
‘VFEX reboot tied to fresh listings’
During NDS1, the VFEX registered strong growth, with the number of listed counters tripling from five in 2022 to 15 by October 2025.