Farai Mabeza, Senior Staff Writer 
PRINCIPALS of the budding Victoria Falls Stock Exchange (VFEX) say mining companies are expected to drive new listings on the US$-denominated market in 2022, taking advantage of the bourse’s incentives to meet their capital demands.
This comes after VFEX’s parent company, the Zimbabwe Stock Exchange (ZSE), this week welcomed a new Exchange Traded Fund (ETF) listing while another one awaits the approval of the Securities and Exchange Commission of Zimbabwe.
“We have started the year on a good note. I am expecting new listings (on VFEX) from the mining sector because they export a lot so their foreign currency needs to be taken care of and other companies or markets that do exports. We hope they are going to take advantage of the Victoria Falls Stock Exchange,” ZSE and VFEX board chairperson Caroline Sandura told The Financial Gazette after the launch of the ETF by securities firm Morgan & Co.
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