The Markets Ledger

Old Mutual lists on VFEX

Old Mutual has formally exited the Zimbabwe Stock Exchange (ZSE), clearing the final regulatory hurdle ahead of the resumption of trading on the Victoria Falls Stock Exchange (VFEX) next week.

WestProp to split business in US$129.8 million restructuring

WestProp Holdings plans to separate its flagship Pomona City land bank from its core property business in a major restructuring aimed at sharpening its focus as a listed real estate company, while also creating a standalone vehicle for fresh investment.

Old Mutual sets VFEX listing date

Old Mutual has confirmed that trading in its shares on the Victoria Falls Stock Exchange will commence on 12 August, providing the final piece of detail in the financial services group’s long-awaited migration from the Zimbabwe Stock Exchange.

TSL shareholders approve ZSE exit ahead of VFEX migration

TSL Limited shareholders have overwhelmingly backed the company’s plan to delist from the Zimbabwe Stock Exchange (ZSE) and migrate to the Victoria Falls Stock Exchange (VFEX), clearing the final shareholder hurdle for a move the board says will better reflect the group’s predominantly United States dollar business.

VFEX anticipates four new listings

The Victoria Falls Stock Exchange (VFEX) expects to attract four additional listings before year end, as growing investor interest continues to strengthen the US dollar-denominated capital market.

Dairibord plans VFEX migration

Dairibord Holdings plans to voluntarily delist from the Zimbabwe Stock Exchange (ZSE) and immediately seek listing on the Victoria Falls Stock Exchange (VFEX), marking the latest high-profile migration by a listed company to the US dollar-denominated bourse.