Zimbabwe- a tale of two African stock exchanges
you are currently viewing::Zimbabwe- a tale of two African stock exchangesJune 15, 2026-The Victoria Falls Stock Exchange (VFEX) is positioning itself as a gateway to international capital entering Zimbabwe and other southern African markets. Will it take liquidity away from parent company the Zimbabwe Stock Exchange (ZSE), or are the two bourses complementary? The VFEX was launched in 2020 as an "offshore" exchange where trading takes place in US dollars and other convertible currencies (the US dollar is legal tender in Zimbabwe and is used extensively). It is a 100% subsidiary of Zimbabwe Stock Exchange Holdings Limited, which itself is listed for trading on the Zimbabwe Stock Exchange (ZSE) and is also owner of the ZSE after a restructure in July 2025, as ACMN reported at the time. The ZSE has a 130-year history and traces its roots to an exchange which opened in Bulawayo in 1896. Trading on the ZSE is in Zimbabwe Gold (local abbreviation ZiG, international code ZWG) currency which was introduced as national currency in 2024. Source: africancapitalmarketsnews.com |
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October 19, 2026-Abstract
This policy paper examines Africa's current and potential role in critical mineral supply chains and identifies policy recommendations for African countries to leverage their minerals endowments for their development objectives. It focuses on six minerals: cobalt, copper, graphite, lithium, manganese and nickel.
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