Lusaka Stock Exchange

The Lusaka Stock Exchange (LuSE) is the principal stock exchange in Zambia. It was founded with preparatory technical assistance from the International Finance Corporation (IFC) and the World Bank in 1993.

The Lusaka Stock Exchange has been set up as a modern stock exchange based on the most current international standards and practices. It is made up of stock broking corporate members and is incorporated as a non-profit limited liability company.

LuSE has been voted the best performing stock exchange in the region by the Financial Gazette of Zimbabwe based on market return in US$.

The rules and listing requirements of the LuSE are backed up by supporting legislation enacted as the Securities Act No 38 of 1993. All companies listed on the LuSE including all market participants are required to comply with relevant laws, including the Companies Act Chapter 388 of the Laws of Zambia, Securities Act Chapter 354 of the Laws of Zambia, etc.

* Next: Stock Exchange in Zimbabwe

0 comments:

  © Finance Learners 2014 All rights reserved | Privacy Policy | Free Blogger Templates Columnus by Ourblogtemplates.com