The Capital Markets Association of Zambia is driven by the goal of growing and positioning Zambia’s markets as an attractive destination for domestic, regional, and international issuers and investors to invest in and realize their investments in Zambia. At the core of this aspiration to position Zambia as the heart of African Capital Markets lies the following key pillars : information dissemination and education, supporting development and economic transformation; supporting initiatives that deepen the product and services range and strengthen the infrastructure of the market; policy advocacy that improves the legal and regulatory environment and improving Zambia’s connectivity to regional and global markets and its competitiveness as a financial center.
The Association is committed to stimulate domestic development and provide a gateway for international portfolio inflows. Over the last few months, the Zambian markets have seen a lot of capital inflow specifically targeted at the government securities sector. The Capital Markets Association of Zambia wishes to work with private sector and other stakeholders to attract capital flows in sectors such as early -stage mining and exploration, the mining value chain such as suppliers and contractors, agriculture sector, Real Estate and other key sectors. The Capital Markets Association would also like to work with stakeholders to see more IPOs, listings and cross listings in the market as well as see more Private Equity activity
This marks the beginning of a new journey between the North -Western Chamber of Commerce and Industry (NWCCI) and the Capital markets Association of Zambia (CMAZ). This co-operation will see CMAZ provide support to members of the Chamber in terms of market information insights, training and education in capital markets, provide an assessment around listing requirements, discover what the most significant obstacles are to listing, help members cross these barriers, prepare members for openness and good corporate governance. Going forward, we will see growth in this partnership as well as explore potential areas of synergy and collaboration.