Innscor presentation at the Zimbabwe Capital Markets Conference in Johannesburg

Both the Honorable Deputy Miniinister & RSE CEO Rwabukumba P. Celestin emphasized on the importance of Cross border trading as incredibly important for economic growth & dynamic capital market could be a catalyst of domestic resources mobilization & national economic empowerment.

We are being patient on ZSE on liquidity and valuations. Our participants took time to change and fine tune their systems. We believe the fundamentals of the market have not changed.

Just for my the record, the ZSE all share index did not fall by 99.95% when the ZiG was introduced. We rebased the market index back to 100 on the introduction. The share index is currently in at 96.33 % so a fall of 3.67% to date. As I said before we are patient on this.

You asked for it. You will now be able to trade CFDs (known as forex trading ) on VFEX with enhanced investor protection, training and wide product choice.

We launch our CFDs (”forex trading” )platform this Friday 10th of May. Key for us was the protection of investors in 3 ways. Licenced and regulated brokers, security and guarantee fund and constant monitoring by our depository

On top of enhanced investor protection of trading CFDs (forex trading) on VFEX, there are 3 other advantages. Job creation in Zimbabwe, ease of money transfer and tax collection to develop our country.

Those interested in Forex Trading you can now do it on a trusted platform.

The VFEX is pleased to announce the successful launch of CFDs on our exchange. The CFDs were officially launched by the Minister of Finance, Economic Development and Investment Promotion, Honourable Professor Mthuli Ncube and will start trading on the VFEX effective 13 May 2024.

Another international hotel brand to come to Zim under the Eagle REIT development in Vic Falls. The hotel: Novotel (Accor Hotels) a mid-tier brand. Development also has Hospital to be run by Healthshare SA The Eagle REIT will list on the VFEX in Q4. BUY

Mosi REIT on the way sponsored by Zesa Pension Fund. First development is the new Cresta Resort site in Vic Falls at a total cost of US$49m 24 m units on offer at USD1 on private placement. US$25m to come from project sponsor The units will be listed on VFEX.

JUST IN: 🇺🇸 US stock trades will settle in just one day instead of 2 days, starting tomorrow.

Working hard to match this. Move to settle after 2 days soon then immediately start working on one day. We will couple this with day trading. That combination will get us close to instant settlement

This opens up nicely for day trading and T+2 settlement. In other words it will be cheaper now to trade and this will be helped by being to sell your shares on the same day if you buy and receive your money in 2 days instead of 3 days if you sell

It becomes clearer that without a bond market, our capital markets will not get to the next level. So much of the new products that we have in mind ride on it.

Bit by bit we grow VFEX

We’ve met the VFEX team a number of times, most recently in May The VFEX has a key role to play in realising Zimbabwe’s 2030 Vision to become an upper middle economy 🇿🇼needs a strong capital market #KAV will do all it can to help realise this vision Victoria Falls Stock Exchange Zimbabwe Investment and Development Agency

Listing of Invictus on VFEX today. Scott the CEO giving his remarks