National Foods Holdings, the largest and oldest food manufacturing company in Zimbabwe, will advertise, tomorrow, Monday, plans to include in the list with an immediate impact on the stock exchange in which trading in US dollars is in US dollars only.
The Harari Stock Exchange, where trading in the local currency takes place, has listed the company for 52 years, according to a story from the Bloomberg News Agency published today, Sunday.
The board of directors decided to remove the firm from the Zimbabwe Stock Exchange, and this was swiftly followed by its inclusion on the Victoria Falls Stock Exchange. The company, which was founded 102 years ago, was added to the stock exchange in 1970.
” The Harari -based stock market said that an official statement aims to inform the market before the trading process, tomorrow, according to the regulations in force, will be available, later on Sunday, on the Zimbabwe Stock Exchange website.
The Victoria Fols Stock Exchange opened for business in October 2020 and offers capital gains tax exemptions as well as the chance for investors to send money back to a nation that typically struggles with a lack of foreign currency.
Put the biggest food business in Zimbabwe in Bursa Trading and use just dollars.
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