Latest News Editor's Choice

News / Local

Mnangagwa officially opens VFEX and Caledonia Corporation listing

by Staff reporter
02 Dec 2021 at 15:51hrs | Views
PRESIDENT Mnangagwa has officially opened the Victoria Falls Stock Exchange (VFEX) here and presided over the listing of global mining giant, Caledonia Mining Corporation Plc.

Caledonia is the third listing on VFEX since its launch in October last year, joining regional seed producer, Seed Co Limited and Padenga Holdings.

The operationalization of the VFEX is a key economic milestone and investment confidence booster under the Special Economic Zones (SEZs) model after the Government approved the implementation of an offshore financial hub in the tourism city of Victoria Falls, said President Mnangagwa in his keynote address.

"It was only under the second republic that this initiative was remoulded and implemented," said President Mnangagwa.

Source - The Chronicle