Business
Old Mutual return sparks VFEX boom
NewsDay Staff ·
Old Mutual Limited’s (OML) return to Zimbabwe’s capital markets has triggered a major overhaul in how the Victoria Falls Stock Exchange (VFEX) calculates its market capitalisation, pushing the bourse’s reported value up nearly 86% to US$7.74 billion.
The VFEX’s market capitalisation rose from US$4.
This story is for NewsDay subscribers.