THE Lusaka Securities Exchange says it is considering extended trading hours and a shorter settlement cycle as part of measures to support Zambia’s push toward a 24-hour economy. LuSE has also called for tax incentives to unlock more SME listings, saying the exchange has recorded only one SME listing since launching its alternative market. In an interview, Tuesday, LuSE Chief Executive Officer Nicholas Kabaso said the market has already reviewed possible responses to operate within 24/7 parameters, but activity will depend on buyers and sellers being active. Kabaso pointed out that one intervention already deployed was LuSE’s mobile application, meant to improve access for retail investors. “We have already looked at what we possibly can do to respond to the…
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