Finance

Zimbabwe: Seed Co International becomes the first company to be listed on VFEX

Zimbabwe: Seed Co International becomes the first company to be listed on VFEX
Tuesday, 27 October 2020 16:27

(Ecofin Agency) - Seed producer -Seed Co International Limited (SCIL)- which is secondary listed on the Zimbabwe Stock Exchange (ZSE), has announced its willingness to migrate to the country's new stock exchange. The company will thus become the first to be listed on the Victoria Falls Stock Exchange (VFEX), Food Business Africa reports.

VFEX is fully managed by the main stock exchange ZSE and the securities traded on this exchange will be mainly in foreign currencies.

SCIL did not discuss the reasons for its decision to migrate to the new Zimbabwe stock exchange. Meanwhile, other companies including Caledonia Mining have also expressed interest in this new stock exchange.

SCIL operates in over 15 African countries and is primarily listed on the Botswana Stock Exchange.

Chamberline Moko

On the same topic
Nigeria targets 300 billion naira (about $186.7 million) through a sukuk to build roads. The bond offers a 19.75% annual return and is open for...
 Algeria and Oman will each contribute to a $300 million joint investment fund.  The fund will target food security, mining, oil and...
. Citigroup is holding talks with governments in Benin and Namibia to grow its presence. . The bank is playing a key role in Benin's bond sales and...
• Spain will fund Casablanca’s seawater desalination plant with $381 million in financing• The plant will supply drinking water to over 6.7 million...
Most Read
01

Tanzania will now require all local transactions to be priced and paid in Tanzanian shillings. ...

Tanzania Bans Use of Foreign Currencies for Domestic Transactions
02

KoBold Metals, the U.S.-based mining company backed by heavyweight investors including Bill Gates an...

KoBold Metals Steps Up to Secure Manono Lithium Deposit in DR Congo
03

This initiative reflects ECOWAS’s commitment to a results-driven, people-centred digital transformat...

ECOWAS, World Bank Launch Regional Workshop to Advance Digital Integration
04

• MTN to distribute 1.2 million 4G smartphones at $5.42 for prepaid users.• Move supports South...

MTN South Africa to Sell 4G Smartphones for $5 to Boost Network Upgrade
05

• PalmPay plans to enter South Africa, Côte d’Ivoire, Uganda, and Tanzania by late 2025• The fintech...

Nigeria’s PalmPay to Expand into 4 African Countries by End of 2025
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.