TSL Limited Debuts on VFEX as 20th Listed Counter, Signaling Renewed Market Confidence

TSL Limited has officially joined the Victoria Falls Stock Exchange, marking a significant milestone for both the diversified conglomerate and Zimbabwe’s capital markets.

The company’s securities began trading on 6 July 2026, and a formal listing ceremony was held on 10 July 2026 to welcome TSL as the 20th counter on the VFEX.

Speaking at the ceremony, VFEX Chairperson Ms. Florence Jambwa said the decision by an established group like TSL to list on the exchange underscores the platform’s growing appeal to blue-chip companies.

“Each new listing strengthens the Exchange ecosystem,” Ms. Jambwa noted. “A broader range of quality issuers improves market depth and liquidity, enhances investment choice, increases visibility among international investors, and supports efficient capital allocation within the economy.”

The guest of honour, Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, was represented by Mrs. Judith Rusike, Director of Financial Sector Policy. In the keynote address, Mrs. Rusike highlighted the broader economic significance of the listing.

“For TSL, this move provides access to a broader pool of investors and capital, enabling the Group to scale its regional ambitions and pursue growth opportunities across borders,” she said. “It also reinforces the message that Zimbabwe is open for business — a market defined by resilience, enterprise, and the capacity to produce businesses capable of competing on the regional stage.”

TSL Limited will trade under the symbol TSL.VX with ISIN ZW VX 0901 0138. The counter adds further diversity to the VFEX board, which continues to attract companies seeking US dollar-denominated trading, settlement, and greater exposure to regional and global investors.

Market analysts view the listing as a positive signal for investor confidence and for the VFEX’s strategy of building a deeper, more liquid exchange. For TSL, the listing provides an additional capital-raising platform to support expansion plans while giving existing and new shareholders a transparent, regulated market to trade its shares.

Investors interested in TSL Limited securities have been advised to consult their stockbroker or financial advisor for guidance on trading and portfolio allocation.

Business

CANAL+ RESETS DStv IN ZIMBABWE, WITH AFFORDABILITY AND SPORTS ACCESS AT THE CENTRE OF NEW STRATEGY

By Aldridge Dzvene Zimbabwe’s pay-television market is set for a major shift as MultiChoice Zimbabwe prepares to introduce a new DStv subscription structure on November 5, 2026, in a move that seeks to reshape how households access premium sport, African entertainment and international programming under the ownership of CANAL+. The restructuring replaces the familiar DStv […]

Read More
Business

Tanganda Seeks Shareholder Approval to Delist from ZSE and List on VFEX

Tanganda Tea Company Limited is set to make a significant move in its history, seeking shareholder approval to delist from the Zimbabwe Stock Exchange (ZSE) and list on the Victoria Falls Stock Exchange (VFEX). This strategic decision aims to align the company’s listing currency with its dollarised, export-driven business model, which has been in operation […]

Read More
Business

RioZim Gets Nod to Dispose of Renco Mine as Shareholders Approve US$35 Million Deal

RioZim Limited shareholders have unanimously approved the disposal of Renco Mine as a going concern for a consideration of not less than US$35 million. The approval was granted at an Extraordinary General Meeting (EGM) held virtually at 10:00 hours on Wednesday, 21 October 2026. The results were certified by the scrutineers, Forvis Mazars Zimbabwe Chartered […]

Read More