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CBZ plans VFEX listing
NewsDay Staff ·
CBZ Holdings, the biggest bank in Zimbabwe, plans to list on the United States dollar-denominated Victoria Falls Stock Exchange (VFEX), as part of efforts to ignite foreign interest in the lender.
The firm is “actively exploring” a listing, which could address foreign investors’ concerns of having funds stuck in the country, chief executive officer Blessing Mudavanhu said in an interview Friday.
The lender is currently only listed on the Zimbabwe Stocks Exchange in Harare.
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