NatFoods looks to VFEX for expansion

NATIONAL Foods (NatFoods) says it sees the Victoria Falls Stock Exchange (VFEX) as an avenue to raise funds for future expansion.
The company is seeking shareholder approval to move its listing from the Zimbabwe Stock Exchange (ZSE) to VFEX.
If this resolution passes at the company’s extraordinary general meeting on December 12, NatFoods will start trading on the VFEX on December 23.

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“The VFEX’s potential to become a regional exchange enhances NatFoods’ opportunity to attract a diversified investor base, which can assist the company in both its local, and in time, potential regional expansion initiatives,” the company said in a statement

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