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Matthew Hill 08 Oct While the ADRs raise the profile of local companies, with BNY Mellon reporting interest from emerging-market funds, the securities risk draining liquidity from the stock market in the Zambian capital, Lusaka, said Caesar Siwale, chief executive officer of Pangea Securities in the city. It would be better if the companies established sponsored ADRs, involving the sale of new shares to US investors, he said.

Copperbelt Energy, the biggest supplier of power to mines in Zambia, has declined 0. Foreigners were net buyers of Zambian shares in every month this year except January and July, stock- exchange data shows. Access to US investors will create additional liquidity over time, she said.

Developing Story South Africa has 90 listed depositary receipts, of which 60 are sponsored, Gormley said by phone from London on October 3. Create Account Lost Your Password? Toggle navigation Toggle profile. US investors are tapping growth in Africa's biggest producer. Politics Ra'eesa Pather De Lille faces new disciplinary hearing.

De Lille says she attended a second disciplinary hearing, separate to the initial hearing into her conduct which adjourned last month. Politics Kaveel Singh Politics Mahlatse Mahlase Analysis Lukhona Mnguni DA internal debate lays bare the fallacy behind its diversity claims.

A plurality of ideas is more important than targets for race and gender, some members maintain - but this does not tally with the need for redress. Africa Simon Allison The high price of cigarettes.

Bhekisisa Mia MalanDemelza Bush Bhekisisa editor Mia Malan asks medical doctor Tlaleng Mofokeng about why older men are so entitled. National Jean le Roux Gupta brothers dodge another tax deadline in India. DA to focus on jobs at federal congress. The Democratic Alliance will debate resolutions that will see proposals to expand property ownership and get rid of the recent VAT increase.

Politics Tehillah Niselow Africa Agency Tribute to Nomzamo Winnie Madikizela-Mandela. Corruption the scourge of the world. Sanral saving every drop. Want to publish your media releases here?

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Stock Brokers happy with banks Posted On: July 16th, Updated On: July 16th, Stock Brokers Zambia Limited. The Stock Brokers Zambia Limited has observed that financial institutions listed on the Lusaka Stock exchange are performing very well and contributing to national development at a large scale. Stock Brokers Limited Managing Director Charles Mate has told ZNBC News that the findings by the stock brokers have shown that banks listed on the stock exchange are growing due to increased share holding.

Mate also says that due to increased share holding, banks are able to lend money to corporate bodies and individuals for economic development. He however says it is important to understand the performance of all financial institutions in order to appreciate how interest rates are arrived at. PF suspends Mumbi Phiri for gross misconduct. Chisamba Lungu nabbed for pulling gun in a bar.

LAZ has new president. Australia-based ,Zambian artist wins Music prize. Hungry Lion distributes meals in townships. Stock Brokers Zambia Limited. About Website Editor 'Please contact us as we are always looking for new stories, bright columns with innovative and sensational inspirational ideas.

You can also contact us for press releases. Showcase your talents with us! Leave a Reply Cancel reply. Recent Comments Austine L. Theme designed by Moto Hosts. July 16th, Stock Brokers Zambia Limited The Stock Brokers Zambia Limited has observed that financial institutions listed on the Lusaka Stock exchange are performing very well and contributing to national development at a large scale.