Lusaka Securities Exchange (LuSE) CEO Mr Nicholas Kabaso, and his management team today paid a courtesy call on IDC CEO Mr Cornwell Muleya and discussed operations and collaboration opportunities.
Mr Kabaso briefed IDC on LuSE’s functions, sparking dialogue on potential future listings in the IDC Group. Listing on the capital market is one way companies in the IDC Group can raise capital for expansion and foster citizen ownership. IDC and LuSE share a mutual drive to expand investment avenues and empower Zambia’s economic landscape.
Presently, two IDC subsidiaries (ZCCM-IH and ZAFFICO) and two investee companies (Zanaco and Zambia Re) are listed on LuSE.
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