National Foods announces surprising Victoria Falls Stock Exchange departureImage from National Foods announces surprising Victoria Falls Stock Exchange departure

National Foods Holdings, Zimbabwe’s largest food manufacturer, is considering delisting from the Victoria Falls Stock Exchange (VFEX), a surprising move given the exchange’s growing attractiveness to local and foreign companies VFEX, established in 2020 as a pioneer offshore financial services centre, aims to attract global investment by offering benefits such as raising capital in hard currency, tax incentives for shareholders, and flexible exchange control requirements Despite these advantages, National Foods Holdings is contemplating delisting due to potential transactions affecting its securities This decision seems counterintuitive, especially since foreign companies from the UK and South Africa are expressing interest in listing on VFEX The exchange’s unique features, including trading exclusively in US dollars, tax incentives, and flexible exchange control requirements, have drawn many companies National Foods has advised its shareholders to exercise caution and consult professional advisers when trading in the company’s shares UK-based Kavango seeks US$13.5m to fuel Zimbabwe gold and…Aug 7, 202539,243Zimbabwe delays implementation of international financial…Feb 20, 202521,609National Foods cites reduced benefits of public listing…Nov 29, 202419,086National Foods faces VAT headwinds amid strong revenue…Nov 16, 202425,945 UK-based Kavango seeks US$13.5m to fuel Zimbabwe gold and…Aug 7, 202539,243Zimbabwe delays implementation of international financial…Feb 20, 202521,609National Foods cites reduced benefits of public listing…Nov 29, 202419,086National Foods faces VAT headwinds amid strong revenue…Nov 16, 202425,945 UK-based Kavango seeks US$13.5m to fuel Zimbabwe gold and…Aug 7, 202539,243 UK-based Kavango seeks US$13.5m to fuel Zimbabwe gold and…Aug 7, 202539,243 UK-based Kavango seeks US$13.5m to fuel Zimbabwe gold and… Zimbabwe delays implementation of international financial…Feb 20, 202521,609 Zimbabwe delays implementation of international financial…Feb 20, 202521,609 Zimbabwe delays implementation of international financial… National Foods cites reduced benefits of public listing…Nov 29, 202419,086 Source: Nehanda Radio All Zim News is a central hub for all things Zimbabwean, curating news from across the country so no story is missed Alongside aggregation, our team of nationwide reporters provides real-time, on-the-ground coverage Stay informed and connected — reach us at admin@allzimnews.com. Source: Nehandaradio

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