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Lusaka Stock Exchange
The Lusaka Stock Exchange (abbreviated to LuSE) is the principal stock exchange of Zambia. Founded in 1993, it is located in Lusaka. The LuSE is a member of the African Stock Exchanges Association. As of 14 April 2022, the LuSE has 25 listed companies with a market capitalisation of ZMW 71.69 billion (US$ 4.1 billion). History The Lusaka Stock Exchange (LuSE) was established with preparatory technical assistance from the International Finance Corporation (IFC) and the World Bank in 1993. The Exchange opened on 21 February 1994. In its first two years of operations, the LuSE and Securities and Exchange Commission (SEC) were funded by the UNDP and Government of Zambia as a project for financial and capital market development in Zambia, under the multi-component private sector development program. The formation of LuSE was part of the government’s economic reform program aimed at developing the financial and capital market in order to support and enhance private sector initiative. I ...
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Lusaka (; ) is the capital and largest city of Zambia. It is one of the fastest-developing cities in southern Africa. Lusaka is in the southern part of the central plateau at an elevation of about . , the city's population was about 3.3 million, while the urban population is estimated at 2.5 million in 2018. Lusaka is the centre of both commerce and government in Zambia and connects to the country's four main highways heading north, south, east and west. English is the official language of the city administration, while Bemba, Tonga, Lenje, Soli, Lozi and Nyanja are the commonly spoken street languages. The earliest evidence of settlement in the area dates to the 6th century AD, with the first known settlement in the 11th century. It was then home to the Lenje and Soli peoples from the 17th or 18th century. The founding of the modern city occurred in 1905 when it lay in the British protectorate of Northern Rhodesia, which was controlled by the British South African Company ...
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