HARARE – Finance Minister Mthuli Ncube on Wednesday addressed concerns regarding companies delisting from the Zimbabwe Stock Exchange (ZSE) to join the Victoria Falls Stock Exchange (VFEX) Ncube was responding to Zanu-PF legislator Clemence Chiduwa, who had raised the question in Parliament, highlighting the “cannibalism” of the ZSE by the VFEX Ncube assured them that a strict vetting process is in place for VFEX listings He added that companies must meet specific criteria, including a strong export orientation generating hard currency income The policy, he said, aims to promote export-driven companies and attract foreign direct investment through VFex listings The Minister emphasised the rigorous nature of the VFEX approval process, stating that no company has been listed without satisfying the strict requirements This assures that only companies meeting the government’s export and investment goals are granted access to the VFEX UK-based Kavango seeks US$13.5m to fuel Zimbabwe gold and…Aug 7, 202539,251Ministers clash in Parliament over PSMAS funding delays,…Jul 25, 202527,252You can’t rig prosperity, Prof Ncube – Zimbabweans are…Jul 13, 202517,365Zimbabwe pays US$3.1m to former white farmers as part of…Apr 9, 202560 UK-based Kavango seeks US$13.5m to fuel Zimbabwe gold and…Aug 7, 202539,251Ministers clash in Parliament over PSMAS funding delays,…Jul 25, 202527,252You can’t rig prosperity, Prof Ncube – Zimbabweans are…Jul 13, 202517,365Zimbabwe pays US$3.1m to former white farmers as part of…Apr 9, 202560 UK-based Kavango seeks US$13.5m to fuel Zimbabwe gold and…Aug 7, 202539,251 UK-based Kavango seeks US$13.5m to fuel Zimbabwe gold and…Aug 7, 202539,251 UK-based Kavango seeks US$13.5m to fuel Zimbabwe gold and… Ministers clash in Parliament over PSMAS funding delays,…Jul 25, 202527,252 Ministers clash in Parliament over PSMAS funding delays,…Jul 25, 202527,252 Ministers clash in Parliament over PSMAS funding delays,… You can’t rig prosperity, Prof Ncube – Zimbabweans are…Jul 13, 202517,365 You can’t rig prosperity, Prof Ncube – Zimbabweans are…Jul 13, 202517,365 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
Image from Ncube explains VFEX listing criteria amid cannibalism of Zimbabwe Stock Exchange 