Tuesday, May 19, 2009

Provide Annuals Reports on LUSE Website Says Analyst

Lusaka, Zambia - The Lusaka Stock Exchange (LUSE) General Manager has suggested that Zambians should look beyond share prices and consider the viability and future prospects of companies when buying shares.

Most of the LUSE companies do not have electronic copies of their annual reports or any other information regarding their future plans on the LUSE website.

LUSE could help investors by making it mandatory for all listed, quoted company or any entity seeking a listing on LUSE to make available on the LUSE website electronic copies of their annual reports from the time the company started its operations.

This would be extremely helpful to investors in making informed decisions, and also enhance corporate governance in these companies.

By Benson Muchelemba


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