ECONET InfraCo (InfraCo) made its maiden trading on Victoria Falls Stock Exchange (VFEX) this week, Tuesday, adding just above US$900 million in equity, pushing overall market capitalisation to an unprecedented US$3,88 billion. Accounting for approximately 23 percent of overall market value, the telecommunications infrastructure service provider closed the session at US$0,30 per share after a total of…
Econet InfraCo lifts VFEX market cap
Minister of Finance Mthuli Ncube rings the ceremonial trading bell, assisted by ZSE board chairperson Caroline Sandura and Econet InfraCo chairman Godfrey Gomwe, to celebrate the listing of Econet InfraCo on the VFEX. Looking on are VFEX Board chairperson Florence Jambwa, left, and InfraCo CEO Fayaz King.