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Zambian firm looks to list equity on BSE

Done deal: United Capital listed its bond programme recently PIC: PHATSIMO KAPENG
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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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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