‘More listings are on the way’

THE Zimbabwe Stock Exchange (ZSE) chief executive Justin Bgoni (JB) has projected a fine run for the main exchange’s subsidiary – Victoria Falls Stock Exchange (VFEX) – saying at least three companies were expected to list on the budding market this year. The US$-denominated exchange is designed to attract global capital, restore foreign investor confidence in Zimbabwe’s capital markets and help companies raise capital in foreign currency. The ZSE has not been effective in capital raising due to inflation and the unstable currency. Bgoni spoke to The Financial Gazette’s group digital Editor, Paul Nyakazeya (PN), about these and other matters pertaining to the local market.

Below are excerpts from the int

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