SNOTRA DELUX
OUR-BLOGS
HOT-VIRAL-ADDICTIVE!
OUR-BLOGS
HOT-VIRAL-ADDICTIVE!
This is not a paid advertisement, and any firm, product, or person described in this post is solely based on my own personal experiences, beliefs, and opinions. Any links in this article that lead to other websites are provided only for the purpose of reference and education
Hello there, it is your favorite money enthusiast! We'll learn how to trade stocks on the Lusaka Stock Exchange today. If you're contemplating about investing in the Zambian Stock Exchange, keep reading to find out more. if you are in Zambia you may acquire and sell Zambian shares via the Lusaka Stock Exchange (LuSE). One of Zambia's most prominent stock markets is the Lusaka Stock Exchange. It was originally opened to the public in 1994 as part of the government's economic reform effort. The LuSE's objective was to diversify the sorts of financial instruments traded on the exchange in order to support a vibrant private sector. The market provides shares, unit trusts, corporate bonds, and government assets. The LuSE presently has several listed stocks and facilitates funding for unlisted securities.
A stock is a sort of financial instrument that symbolizes ownership of a portion of a firm. "Shares" refer to the units or quantity of stocks that you acquire. In technical words, when you purchase a share, you become a shareholder or part owner of a company or corporation. When you acquire a big number of shares in a business, you become a major shareholder, which empowers you to participate in certain choices concerning the firm's fate. When you acquire shares in a Zambian firm such as Zambeef or Zanaco, you become a shareholder and a member of the company. Individuals who possess substantial shares in a corporation have distinct benefits. Major shareholders are permitted to attend the company's Annual General Meetings (AGM), where they may vote on critical issues impacting the company's operations. You may participate in the profits of the firm as a shareholder. Shareholders may not have to put any money into the business if it loses money, but the value of their shares may decline. Stocks are usually used to refer to shares that are traded on the Lusaka stock market.
A stockbroker is a trained expert who may purchase and sell stocks on behalf of you the investors. Financial asset transactions can only be done via a firm that serves as a middleman between buyers and sellers. Brokers are the mediators in this arrangement. Brokers organize transactions between investors using sophisticated technological tools, sorting buy and sell orders of financial assets by price and arrival order. When they execute this service, they get a set commission per transaction when they acquire a stock. Brokers are market middlemen, or businesses that bring buyers and sellers together to acquire securities or bonds at a pre-determined price. An investor must first create an account with a local broker in order to invest in the Lusaka Securities Exchange.
To begin trading Zambian stocks, you must first create an account with a local broker. Once you've opened an account, you may instantly begin trading in the stock market with the aid of your broker. Brokers are approved middlemen for trading financial assets on the Lusaka Securities Exchange and may be found under Brokerage Firms. Madison Assets Management, Securities Brokers Zambia, Pangaea Securities, Autus Securities, Equity Capital Resources, and Finance Securities Zambia are the six certified brokerage companies eligible to trade on the Lusaka Stock Exchange, according to our analysis. (There may be more, but these are the ones we discovered at the time when we published this blog)
The method is quick and plain forward: just contact any of the brokers mentioned by email or phone, and they will give you the appropriate application materials. The only condition is that you supply the following data: Proof of Address, Proof of Identity, and a completed Brokerage Account Opening Form, as well as the Investment Amount, are all needed (a fixed commission rate of 1.375 percent per transaction is charged). The broker will provide you access to their investing platforms, which will enable you to submit buy and sell orders to the central system of the Lusaka Securities Exchange.
Here, sir and madam reading this, the decision is yours; you must investigate which company listed on the Lusaka Stock Exchange best fits you, and you must know which one can develop your assets. You may select on any number of firms mentioned, there are no restrictions. There are numerous firms to chose from; here is a list of some of them: Airtel Networks Zambia, Zambia Bata Shoe Company plc, British American Tobacco, Copperbelt Energy, Investrust Zambia, Lafarge Zambia, Madison Financial Services Plc, National Breweries, Taj Pamodzi Hotel Plc, Zambia Reinsurance Plc, Puma Energy Zambia, Real Estate Investments Zambia, Standard Chartered Bank, Shoprite, Zambeef, Zambian Breweries, Metal Fabricators of Zambia, Zanaco, Zambia Consolidated Copper Mines Limited Investments Holdings, Zambia Forestry and Forest Industries Corporation, and Zambia Sugar. If you have the financial resources, you may select one, two, or all of them. It is open to everyone.
When acquiring a financial item with a purchase order you might create a limit price or a market price for the asset you've selected.
The deal is completed when the asset's bidding price matches the asking price. The Brokers make the transaction payment on your behalf at the Securities Exchange and deliver the transaction money to the buyer/seller broker. You become the asset's legal owner.
The Broker is the one who sends out the transaction notice and collects the fees. There is a set cost of 1.375 percent every transaction.
Companies sell their shares to the public for a number of reasons, including access to money, risk diversification, enhanced governance, share price, public policy, and marketing. They may do so by encouraging others to join as shareholders. Before a corporation may request to be listed on an exchange, such as the Lusaka Stock Exchange (LuSE), it must first comply with certain requirements, such as registering its stocks with the Securities and Exchange Commission (SEC)
Purchasing stock is a sort of long-term investment.
With the additional money you may acquire from the earnings of that firm divided in the form of dividends, you can increase your estate and thus boost your way of living.
When seeking for a loan from a financial institution, shares form part of one's assets and may therefore be used as a guarantee/collateral.
To become a part owner of a corporation or business and therefore participate in the management operations of the organisation.
When you acquire shares in a business, you become an investor and a part owner. During good economic times, a company's stock price may grow or decrease; during terrible times, the stock price may fall below what you paid for it, and you will be liable for the loss if you choose to sell those shares at any point. When your business develops and profits, you gain from the firm's dividends as well as capital growth on your investments as the price of shares rises. The choice to sell shares is fully up to you and how you believe the business you invested in will perform in the future. There is also a tax advantage since you will not be taxed when you sell your shares. Consider the sale of a house, for example, where you would pay a 10 percent tax.
You may become a shareholder in one of two ways: To begin with, you may purchase shares directly from a business when it initially issues them via an Initial Public Offering (IPO) . Second, by employing an SEC-licensed broker to acquire existing shares on the Stock Exchange that are already in public possession.
A public business that is listed on the LuSE has shares that may be acquired and sold on the Stock Exchange. When you instruct a broker to buy shares on your behalf, you will get a notice that contains the following information: the number of shares acquired, the price per share, and the date the shares were purchased. The per-share price, The commission, and The total quantity of money paid Your personal information and address will be sent to LuSE after you have paid for the shares, and your name will be entered into the shareholders registry. Your broker will give you a report with a statement of the shares in your account on a regular basis. Although a share certificate is not necessary to establish ownership at the central depository, you may ask for one for a fee.
You must return the certificate to LuSE along with a signed transfer when you sell your shares. When you sell your shares, your name will be erased from the company's registration and replaced with the name of the buyer.
The first public offering of shares in a specific open business is known as a float. These shares are being offered at the best price they can be sold for on the open market. The shares will be traded on the stock market for anybody who desires to acquire them, providing for a bigger share ownership base. Only firms with a strong capital investment base, high profitability now and in the future, and a well-established market for their goods will be considered for public IPO.
Zambian investors are protected by the Securities and Exchange Commission's (SEC) rigorous legislation, which are specified in the Securities Act no. 41 of 2016. As a consequence, these rules give equal protection to all participants.
To create an account and purchase shares, you need a broker, there are several brokerage houses in Zambia to chose from, including:
About us: Autus Securities Ltd, originally known as African Alliance Securities Zambia,
commenced operations in 2009 with the purpose of delivering better financial advising and stockbroking services to institutions in Zambia.
With over five years of profitable transactions and strong market share in the stockbroking sector, African Alliance reorganized its company; the process required a change in ownership, culminating in Autus Securities Limited, Autus.
Address: 34 Khola Road,
Woodlands,
Lusaka,
Zambia
Tel: +260 761 002002
Email: info@autussecurities.com
Website: www.autussecurities.com
About us: Equity Capital Resources offer wholesale financial and commercial solutions via innovative financial investing, brokerage and management assistance.
Address: 4th Floor,
Godfrey House Cnr Kabelenga & Longolongo Roads Lusaka
Tel: +260 211 227 518
Email: info@ecrinvestments.com
Website: www.ecrinvestments.com
About us: Finance Securities Limited popularly known as FSL is an innovative Investment Banking Firm in Zambia with the competence in transaction origination, structure, execution and capital raising. We are a registered brokerage business with the Securitites and Exchange Commision of Zambia (“SEC”). FSL is a stakeholder and one of the initial broker members of the Lusaka Stock Exchange (“LuSE”).
Address: 2110/2111 Sepele Road Opposite Finance House Lusaka,
Tel: +260 977791124 or +260 977638583
Contact Person: Barkat Ali
Email: ops@financesecurities.com
About us: Hobbiton Investment Management is a fund management business that manages and maintains the Hobbiton Unit Trust Fund and offers digital financial services.
Address: 4th Floor,
Godfrey House Cnr Kabelenga & Longolongo Roads Lusaka
Tel: +260 211 227 518
Email: info@ecrinvestments.com
About us: Longhorn Associates is an Investment Management Company. The financial Institution offers funds and assets management products and services to both individual and institutional customers. It is meant to be a platform that fosters change while retaining a clear emphasis on providing the much-needed returns on client savings and investments.
Address: Ground floor Garden View Office Park,
Plot 1146/15, Lagos Road, Rhodespark
Contact Person: Joy Nanyinza
Tel: +260 211 252540
Email: joy@longhorn-associates.com
Website: www.longhorn-associates.com
About us: We are a firm that offers solutions for your investment and financial requirements
Address: MLife Building,
Dar es Salaam Place
Cairo Road Lusaka
Tel: +260 211 255121/257152
Contact Person: Blessing Chilombe.
Email: blessing@madisonassets.co.zm
Website: www.madisonassets.co.zm
About us: Pangaea Securities’ Brokerage and Trading Division offers sales operations as well as a trading platform for institutional and individual customers - both locally and globally.
Address: 1st Floor,
Pangaea Office Park Great East Road Lusaka
Tel: +260 211 220 707
Contact Person: Wendy Tembo.
Email: wtembo@pangaea.co.zm
Website: www.pangaea.co.zm/contact-us
About us: Stockbrokers Zambia Limited (SBZ) is a founder-member of the Lusaka Stock Exchange ( LuSE ) and pioneer in its mission to assist the development and expansion of the capital market in Zambia. In the first instance, SBZ is regulated and licensed as a Dealer by the Securities and Exchange Commission of Zambia (SEC).
under the Securities Act. Secondly, SBZ is a broker - member of the LuSE for the provision of stockbroking services to investors. In summary, SBZ has a dual function of dealing and broking in financial instruments (e.g. shares) in Zambia.
Address: 32 Lubu Road Longacres
Lusaka
Tel: +260 211 232 456
Contact Person: Maxime Harlaar
Email: info@sbz.com. zm
Website: www.sbz.com.zm
Investor Services Corporate and Investment Banking
Stanbic Bank Zambia Limited Stanbic House,
Plot Number 2375,
Addis Ababa Drive, P.O Box 31955,
Lusaka Direct Line: +260 211 370 319
Switchboard: +260 211 370000-370017
Investor Services Corporate and Investment Banking
Standard Chartered Bank Zambia Plc Standard Chartered House,
Cairo Road
P.O. Box 32238 Lusaka 10101, Zambia
Tel: +260 (211) 229242-50
Fax: +260 (211) 222092
Address: Zambia National Commercial Bank Plc, Head Office,
P.O Box 33611,
Cairo Road Lusaka, Zambia
Email: customerservice@zanaco.co.zm
Website: www.zanaco.co.zm
Best regards
Moneylicious
Snotra delux
Follow us on Facebook, Twitter, Instagram, Youtube and Quora
HOT-VIRAL-ADDICTIVE
