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Econet InfraCo lists on the Victoria Falls Stock Exchange
2 hrs ago |
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The Victoria Falls Stock Exchange (VFEX) has announced the listing of Econet InfraCo by way of introduction, with trading in the company's securities set to begin on 31 March 2026.
In a statement, VFEX said the listing would take place on 27 March 2026, marking a significant milestone for the fast‑growing exchange.
VFEX chairperson Florence Jambwa said the development strengthens the exchange's product offering and broadens its appeal to investors.
"For the VFEX, this listing represents another important step in diversifying our product offering and deepening the market. Infrastructure introduces a new dimension to the Exchange, complementing our existing listings and strengthening our appeal to a broader spectrum of investors," she said.
Delivering the keynote address, Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube highlighted the central role VFEX has played in expanding Zimbabwe's capital markets since its launch in 2020.
"Today's listing adds further weight to that vision. With a valuation of US$1 billion, Econet InfraCo's debut stands as the largest initial listing in the history of Zimbabwe's capital markets. This demonstrates to the world that Zimbabwe is open for business and that our regulatory frameworks are strong. I commend the VFEX team for making it a credible exchange for listings of this calibre," Ncube said.
Econet InfraCo will trade under the symbol INFR.VX with ISIN ZW VX 0901 0120.
VFEX advised investors interested in acquiring Econet InfraCo securities to consult their stockbrokers or financial advisers for guidance.
In a statement, VFEX said the listing would take place on 27 March 2026, marking a significant milestone for the fast‑growing exchange.
VFEX chairperson Florence Jambwa said the development strengthens the exchange's product offering and broadens its appeal to investors.
"For the VFEX, this listing represents another important step in diversifying our product offering and deepening the market. Infrastructure introduces a new dimension to the Exchange, complementing our existing listings and strengthening our appeal to a broader spectrum of investors," she said.
Delivering the keynote address, Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube highlighted the central role VFEX has played in expanding Zimbabwe's capital markets since its launch in 2020.
"Today's listing adds further weight to that vision. With a valuation of US$1 billion, Econet InfraCo's debut stands as the largest initial listing in the history of Zimbabwe's capital markets. This demonstrates to the world that Zimbabwe is open for business and that our regulatory frameworks are strong. I commend the VFEX team for making it a credible exchange for listings of this calibre," Ncube said.
Econet InfraCo will trade under the symbol INFR.VX with ISIN ZW VX 0901 0120.
VFEX advised investors interested in acquiring Econet InfraCo securities to consult their stockbrokers or financial advisers for guidance.
Source - Byo24News
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