‘Kwacha JSE listing to spur Afro wealth’
Published On October 22, 2014 » 1973 Views» By Davies M.M Chanda » Business, Stories
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By JAMES KUNDA?? –

CREDIT ratings and risk analysis agency Moody’s Investors Service says?the listing of the Zambian Kwacha on the Johannesburg Stock Exchange ?(JSE) will achieve sovereign wealth for Africa’s second largest copper?producer.
Moody’s communications associate Tim Whatmough said in a statement yesterday that the listing of the Kwacha on JSE raised the currency’s international profile and opened up investment opportunities to previously Kwacha-risk-averse investors.
The Zambian Kwacha made its debut on the Johannesburg Stock Exchange as one of three alongside the Nigerian naira and the Kenyan shilling.

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