Africa ETP News
you are currently viewing::First Mutual Wealth Gold ETF debuts on VFEXMay 2, 2026-Zimbabwe's exchange-traded fund (ETF) landscape has undergone a gradual evolution, shaped by liquidity constraints and shifts in the underlying equity instruments. The launch of the Old Mutual Top 10 ETF in December 2020, the first ETF, with listing in January 2021, marked a significant milestone for the Zimbabwe Stock Exchange (ZSE), introducing passive investment exposure. However, its eventual delisting in January 2025 highlighted fundamental limitations in the domestic ETF model. As market liquidity narrowed and key counters migrated to the Victoria Falls Stock Exchange (VFEX), replication became increasingly inefficient, while tracking error widened, amidst frequent index rebalancing. Source: theindependent.co.zw |
Zimbabwe- a tale of two African stock exchanges
June 15, 2026-The Victoria Falls Stock Exchange (VFEX) is positioning itself as a gateway to international capital entering Zimbabwe and other southern African markets. Will it take liquidity away from parent company the Zimbabwe Stock Exchange (ZSE), or are the two bourses complementary?
