FINANCE minister Mthuli Ncube has urged local companies to issue corporate bonds on the Victoria Falls Stock Exchange (VFEX), saying the private sector is under-utilising opportunities offered by the foreign currency denominated market.
Launched in October 2020 the VFEX, which is the first bourse on the sub-continent trading exclusively in US$, so far has just four listings.
“There is one thing which we should do; please issue more corporate bonds. When I look at the potential of VFEX I think that’s one area (corporate bond listing) where you should be playing as companies.
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