Edgars, the Zimbabwean retail group, has applied to leave the Victoria Falls Stock Exchange (VFEX), according to Herald.co.zw. The company said the financial burden of maintaining its public listing has grown larger than the advantages it brings.
The move was reported on Friday, 7 August 2026, by the Zimbabwean outlet. NewZimbabwe.com also covered the development, describing the listing as costly and unresponsive to the company’s needs. Neither report provided further details on the timeline for the delisting or the company’s plans after leaving the exchange.
Edgars first joined the VFEX in 2020, when the exchange was set up as a dollar-denominated alternative to the main Harare bourse. The VFEX was designed to attract foreign investment and offer companies a hedge against local currency volatility. However, for Edgars, the costs of compliance, reporting, and shareholder engagement have apparently outweighed any fundraising or visibility benefits.
The retail chain operates department stores across Zimbabwe and is one of the country’s better-known consumer brands. Its potential exit would mark a notable reversal for the VFEX, which has positioned itself as a growth market for regional listings. The exchange has faced criticism in the past over low trading volumes and limited liquidity, though the reports do not confirm whether those issues played a role in Edgars’ decision.
What remains unclear is how the delisting will affect Edgars’ shareholders, who will need to swap their VFEX holdings for shares on another platform or accept a buyout. The company has not yet disclosed its preferred route.
Watch for an official statement from Edgars outlining the delisting timetable and any alternative trading arrangement for its stock.
