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Zambian firm looks to list equity on BSE

Tuesday, December 12, 2023 | 310 Views |

Done deal: United Capital listed its bond programme recently PIC: PHATSIMO KAPENG

Following the approval of a $500 million debt listing on the Botswana Stock Exchange (BSE), Zambian fertilizer firm, United Capital, has expressed interest of listing equity on the local exchange.

In an interview with Business Monitor on the sidelines of a bell ringing ceremony last week, United Capital chairperson, Chance Kabaghe said the company is exploring an equity raise on the BSE depending on whether the bond capital float proves to be fruitful.

Kabaghe said moving on with an equity listing on the domestic bourse is on the table with the company’s team pleased with the track record of the BSE, its strong financial performance and delivery for other companies.

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Zambian firm looks to list equity on BSE

Following the approval of a $500 million debt listing on the Botswana Stock Exchange (BSE), Zambian fertilizer firm, United Capital, has expressed interest of listing equity on the local exchange.