Harare – AWARD winning property development company Westprop Holdings Limited has Friday successfully listed on the Victoria Falls Stock Exchange (VFEX) at a glittering event held in Harare.
The company successfully migrated from being a private company to a publicly listed company in March.
The company chief executive Ken Sharpe was ecstatic over the development.
” We encourage members the public , pension funds and investors to invest by buying shares and take up a stake in the company and join us in our journey of a billion bricks,” said Sharpe.
The biggest advantage to buying preference shares from Westprop is that the company underwrites a minimum 7,5 % return per annum to your investment.
VFEX is a small stock exchange headquartered in Victoria Falls.
It was established in 2020 as a subsidiary of the Zimbabwe Stock Exchange (ZSE)] to operate in the Victoria Falls special economic zone.
The VFEX’s trading currency is in United States Dollars allowing the exchange to shield investors from exchange control risk.