VFEX surges 34% in 2025

The Victoria Falls Stock Exchange (VFEX), a US dollar-denominated bourse, has recorded a 34 percent year-to-date gain, a remarkable increase from the 15 percent growth achieved last year.

Market capitalisation rose by 28,7 percent, reaching US$1,65 billion, an addition of US$200 million since August 29. The growth was driven by strong performance from existing listings and the recent listing of Kavango Resources. Analysts say this cements VFEX's status as not only a trading platform but also a long-term investment avenue for wealth creation and financial security.

VFEX's unique operating model, which enables transactions in US dollars within an International Financial Services Centre, is attracting both domestic and international investors. The structure provides a stable environment and hard-currency returns, making it particularly appealing for mining companies seeking capital.

The exchange has already facilitated successful fundraising rounds for several firms: Caledonia raised US$12 million, Karo Resources secured US$36 million (US$25 million from local sources), and Eagle Reit and Invictus each raised US$19,5 million.

Speaking on the exchange's performance, VFEX Head of Markets Robert Mubaiwa highlighted its reliability and efficiency, noting that every trade since the bourse's inception in 2020 has been settled on time. This perfect settlement record continues to build investor confidence, ensuring a secure and dependable trading experience.

The VFEX's performance underscores its growing role as a regional hub for capital mobilisation and a trusted platform for investors seeking US dollar-denominated investment opportunities.