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’
For Zimbabwe, securing a place in the MSCI framework could raise the profile of the ZSE and VFEX, potentially improving foreign investor participation and liquidity after years of subdued offshore participation.