VFEX, ZSE gains mask liquidity risks

UNIFREIGHT Africa has resolved to delist from the Zimbabwe Stock Exchange (ZSE) and migrate to the Victoria Falls Stock Exchange (VFEX).

THE local equities markets have posted strong year-to-date gains supported by improved macroeconomic condi­tions and renewed investor inter­est. According to FBC Securities’ August monthly market report, both the Zimbabwe Stock Ex­change (ZSE) and Victoria Falls Stock Exchange (VFEX) re­mained bullish despite thin liquid­ity and concentration of trading activity in a few counters. The VFEX All…

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