The Victoria Falls Stock Exchange (VFEX) was established in 2020 and is a subsidiary of the Zimbabwe Stock Exchange (“ZSE”). It was established to kick start the Offshore Financial Services Centre (OFSC) earmarked for the special economic zone in Victoria Falls. It has 17 member firms and 1 listed security as of the 31st of December 2020. The VFEX operates according to the Securities Act (Chapter 24:25). The VFEX aims to cater to fungibility of dual listed shares.