Finance and National Planning Minister Dr. Situmbeko Musokotwane has called on the Lusaka Stock Exchange (LuSE) to extend its trading hours as part of efforts to build a 24-hour economy. The remarks came during the LuSE pre-budget townhall engagement on Tuesday.
Dr. Musokotwane emphasized that the government is committed to working with LuSE to remove barriers that prevent more companies from listing on the stock market. He noted that collaboration between government and the exchange is key to expanding Zambia’s financial sector.
“Obviously, I am also aware that as an industry, you also have your own issues that you need to address and make the industry more innovative,” Dr. Musokotwane said. He highlighted that LuSE currently operates only two hours of trading and questioned whether limited hours were due to low business volume.
The minister urged the exchange to explore ways to increase trading activity, attract new listings, and support broader participation from investors. Extending trading hours is expected to enhance liquidity, improve market efficiency, and align Zambia with global financial practices.
Dr. Musokotwane reaffirmed the government’s commitment to creating an environment that encourages investment, promotes innovation in the financial sector, and strengthens the country’s economic growth.
The call comes as Zambia seeks to modernize its capital markets and expand opportunities for both local and international investors.