Online Reporter
Vusumuzi Dube,Deputy Radar Editor
The Victoria Falls Stock Exchange (VFEX) has announced the successful listing of Kavango Resources, effective 5 September 2025.
Trading in Kavango securities commenced on Monday.
Kavango, which maintains its primary listing on the London Stock Exchange (LSE), has chosen the VFEX as its secondary listing to expand investor access.
As part of this operation, the company successfully raised US$4.5 million, strengthening its financial capacity to advance its exploration and development projects.
In a statement, VFEX revealed that the listing offers Zimbabwean investors the flexibility to hold Kavango Ordinary Shares locally, trade them directly on the VFEX, or transfer their shares to the LSE through the branch register control account.
“Investors are advised that shares will not be directly tradable on the LSE; however, shareholders may initiate an uplift process to transfer their holdings from the VFEX register to the LSE register upon completion of the required procedures. The Kavango shares will trade under the symbol: KAV.VX and ISIN GB00BF0V MV24,” reads the statement.
The move is expected to enhance liquidity and provide greater opportunities for local investors to participate in Kavango’s growth while maintaining its international presence on the LSE.
Bongani Ndlovu