Zambia: IDC to Help Grow Capital Markets

THE Industrial Development Corporation (IDC) will spearhead the initiative for State owned enterprises' participation in the capital markets to raise funds, empower citizens and boost the local bourse.

In that vein, the Government is in the process of offloading some shares in the ZCCM-Investment Holding on the Lusaka Stock Exchange (LuSE) to reduce the shareholding to 60 per cent from 87 per cent.

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