Browsing: Constituents of Old Mutual ETF

Zimbabwe’s capital markets register another delisting from Zimbabwe Stock Exchange (ZSE) in favour of the Victoria Falls Stock Exchange (VFEX). Axia says its board has approved the listing of the company from the ZSE which will be followed by its listing on VFEX. This means more headache for Old Mutual fund managers and confusion for retail investors. Which company will delist next?

“The Directors of Axia Corporation Limited (the “Company”) wish to advise all shareholders and the investing public that the Board has approved the delisting of the Company from the Zimbabwe Stock Exchange, immediately followed by its listing on the Victoria Falls Stock Exchange (the “Transaction”).”

Axia Corporation Limited operates within the specialty retail and distribution sector and has three operating business units, namely TV Sales & Home (TVSH), Transerv and Distribution Group Africa (DGA). TVSH is a leading furniture and electronic appliance retailer with sites located countrywide. Transerv …