Delta not keen on VFEX

DELTA Corporation (Delta) does not expect to join a number of companies that are migrating from the Zimbabwe Stock Exchange (ZSE) to the foreign currency-denominated Victoria Falls Stock Exchange (VFEX), saying the new bourse does not suit its needs.
The chief executive of the ZSE’s largest company by market capitalisation, Matlhogonolo Valela, told a media and analysts briefing last week that although the company was not writing off the VFEX option completely, it did not view migrating from the ZSE as urgent.
“The Victoria Falls Stock Exchange is an interesting proposition, one that you must go to with your eyes open. It suits other shareholders (but) it does not suit everybody. There is no liquidity there.