Zimbabwe government calls for corporate bonds

FINANCE minister Mthuli Ncube has urged local companies to issue corporate bonds on the Victoria Falls Stock Exchange (VFEX), saying the private sector is under-utilising opportunities offered by the foreign currency denominated market.

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Launched in October 2020 the VFEX, which is the first bourse on the sub-continent trading exclusively in US$, so far has just four listings.
“There is one thing which we should do; please issue more corporate bonds. When I look at the potential of VFEX I think that’s one area (corporate bond listing) where you should be playing as com

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