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Home » ‘We’ve raised over US$50 million on VFEX’

‘We’ve raised over US$50 million on VFEX’

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THE Victoria Falls Stock Exchange (VFEX) was established in 2020 as a subsidiary of the Zimbabwe Stock Exchange (ZSE) to operate in the Victoria Falls Special Economic Zone. Our Senior Staff Writer, Farai Mabeza (FM), recently caught up with the new exchange’s chief executive Justin Bgoni (JB) to get a feel of how the foreign currency-denominated bourse has been faring. Below are excerpts.

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FM: May you begin by giving us an update on the VFEX?
JB: We now have 13 companies so we have done, I think, decently well in terms of growth. What we like as well is that there has been a decent amount of money that has been raised on the platform. I think so far about US$50 million has been raised on the VFEX. This is important for us because we wanted a platform where people can come and raise money. So, we are excited about what has happened so far.

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