Mishma Chakanyuka, Staff Writer 
12
AXIA Corporation (Axia) says its proposed plan to list on the Victoria Fall Stock Exchange (VFEX) will enhance its access to US dollar capital to assist its capital expenditure, working capital requirements and regional expansion initiatives.
In a recent circular to shareholders, the retail and distribution group revealed its plans to delist from the Zimbabwe Stock Exchange and list on the VFEX, which is expected to be finalised in March this year.
Advertisements
The group’s VFEX announcement comes at a time when several Zimbabwe Stock Exchange (ZSE) listed companies have expressed interest in listing on the US dollar-denominated market.
Subscribe to The Financial Gazette
This is premium content. Subscribe to read article.
Login if you have purchased
