Nedbank Zim heads for VFEX

FINANCIAL services outfit, Nedbank Zimbabwe said on Friday it planned to list on the Victoria Falls Stock Exchange (VFEX) on November 18, becoming the first lender to trade its stock at the waterfall since the bourse opened two years ago.

VFEX, which trades exclusively in foreign currency, recently attracted an upsurge in investor interest after enduring a frustrating 24 months marked by investor caution.

Caledonia Mining Corporation, the diversified Padenga Holdings, Bindura Nickel Corporation and hybrid seed technology outfit, Seed Co International are the only counters currently trading their stocks on VFEX.

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