How To Invest on the Lusaka Stock Exchange
Just came across this:
Background
The Lusaka Stock Exchange (LuSE) has received numerous queries from investors abroad on the operation of its stock market. In response, the Lusaka Stock Exchange (LuSE) has now made arrangements for Zambians abroad and foreign investors to easily buy and sell shares on its market. Please follow the notes and guidelines below.
Key Market Attributes of ZambiaNo foreign exchange controls
No capital gains tax
No limits on foreign ownership
Nil Property transfer tax on local shares
Listed companies taxed at 30%
T+3 Settlement
Immobilisation of Scrip-no physical certificates
Easy Steps for Zambians Abroad and Foreign Investors to Invest on the Lusaka Stock Exchange (LuSE)
1
Open a Share Account with a Lusaka Stock Exchange (LuSE) Stock Broker
Select a broker of your choice from the list at the back and fill in an e-mail application form to open your share account. Upon receipt of your e-mail application form, the Lusaka Stock Exchange (LuSE) […]
The entire post can be seen here.
Comments
Leave a Reply