Victoria Falls Exchange Tops $1.85B

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Zimbabwe Stock Exchange Holdings posted strong Q3 2025 results, with the Victoria Falls Stock Exchange reaching a record US$1.85 billion market capitalization. Profit before tax jumped 126% due to cost management and no prior-year losses. The main exchange recorded a Z$1.97 billion turnover, up 32%, and its All Share Index rose 6.8%. VFEX added Kavango Resources and expanded products and investor participation, strengthening Zimbabwe’s capital markets.