ZSE Holdings Limited (ZSEHL), the parent company of the Zimbabwe Stock Exchange (ZSE) and Victoria Falls Stock Exchange (VFEX), has reported a solid first quarter for 2026, with both exchanges showing significant growth. The stable macroeconomic environment, marked by single-digit inflation and a steady ZiG exchange rate, has boosted investor confidence.
The Zimbabwe Stock Exchange (ZSE) saw a 416.83% increase in aggregate turnover, reaching US242.81million, driven by top stocks like Econet Wireless Zimbabwe Limited, Delta Corporation Limited, Hippo Valley Estates Limited, Tigere Property Fund REIT, and TN Cybertech Investments Holdings. The Victoria Falls Stock Exchange (VFEX) achieved a record US 4 billion in market capitalization and registered a 69.35% increase in value traded, reaching US$ 36.38 million.
Revenue grew 21% to US2,205,535,while total assets grew by 22 8.55 billion. Despite anticipating a temporary slowdown on the ZSE due to Econet Wireless Zimbabwe’s delisting, ZSEHL expects the VFEX to maintain momentum and remains confident in its financial position, prioritizing innovation and digital transformation. ZSEHL’s strong performance positions it for long-term growth and value creation, driven by the complementary strengths of the ZSE.
