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GSE now 2nd best performing stock market in Africa; Lusaka Stock Exchange is 1st
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Zambia : Zambia after the 2021 General Elections
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Zambia after the 2021 General Elections
Zambia after the 2021 General Elections
Children roam a street in Lusaka, Zambia, in this undated photo. Catholic bishops of Zambia called for peaceful and fair elections as the country prepared for the Aug. 12, 2021, vote. (CNS photo/Carol McBrady via The Catholic Spirit)
By Henry Kyambalesa
Introduction
Thus far, I have shared some of my most provocative views and opinions with my fellow Zambians concerning our beloved country’s development-related problems and prospects in several articles. This article is most probably going to be the last one before the general elections scheduled for August 12, 2021.
In the article, I hope I will succeed in provoking a protracted and constructive debate concerning the potential for the United Party for National Development (UPND) Alliance to assemble a more
Investegate |Africa OpportunityFd Announcements | Africa OpportunityFd: Annual Results for year ended 31 December 2020
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XYLEM Trading Ltd ( Xylem ) is pleased to announce that it has entered into a Put Option Agreement ( Agreement ) with LDA Capital Limited ( LDA Capital ), a global alternative investment group, for the purposes of acquiring a controlling stake in Madison Financial Services Plc ( Madison or Company ), a diversified financial services group listed on the Lusaka Stock Exchange. LDA Capital has agreed to an equity commitment for up to USD 35,000,000 ( Commitment Amount ) to be utilized over the next 36 months.
Under this agreement, Madison shall have the right, but not the obligation, to draw down capital as required. The Company will control the timing and amount of capital drawn down under this Agreement. This method of fundraising provides management with a flexible financing tool and allows Madison Financial the ability to deploy cash on an as-needed basis.