‘Capital markets record 3 p.c. growth’
Published On April 26, 2023 » 776 Views» By Times Reporter » Business, Stories
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By JAMES KUNDA
THE Zambia capital market has demonstrated resilience in the first quarter of 2023, despite delays in concluding the country’s debt restructuring with creditors which negatively affected the expected flow of funds and investor perceptions on the credit rating.
Speaking to journalists in Lusaka yesterday, Security and Exchange Commission (SEC) chief executive officer Phillip Chitalu said the depreciation of the Kwacha in the quarter under review also affected foreign investor positions.

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