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Pension funds urged to support capital raising initiatives

FOCUS Capital Limited managing director George Mubipe has urged NAPSA and other pension funds to support local capital raising initiatives by participating in the issuance of bonds at the Lusaka Stock Exchange.
The Focus Group, which was established in 2010 with a clear objective of supporting the small and medium enterprises (SMEs), has so far successfully raised millions of kwacha through issuance of the medium-term note programme (MTNP) and Ulendo road infrastructure note programme.
In his presentation titled ‘opportunities and challenges of raising finance for SMEs in Zambia’ Mr Mubipe said stock exchanges…READ MORE

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