Government hopes offshore financial centre in Victoria Falls will attract foreign investment
Zimbabwe plans to set up an offshore financial centre in the resort city of Victoria Falls that the government hopes will emulate Dubai and the Isle of Man to attract foreign investment.
“The trigger is the success of the VFEX,” finance minister Mthuli Ncube said, a reference to the US dollar-denominated Victoria Falls Stock Exchange that is attracting listings. “We want to compete with any offshore financial centre in the world.” ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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