Foreword

It is a distinct honour to welcome you to the 2025 Capital Markets Annual Issuers Conference and Awards—a premier event dedicated to celebrating the innovation, resilience, and forward momentum shaping Zambia’s capital markets. This important gathering brings together a wide array of stakeholders—including issuers, investors, regulators, and market participants—to take stock of our collective progress, explore emerging opportunities, and acknowledge the exceptional achievements of companies that are playing a leading role in driving capital market development.

Amid a year defined by rapid digital transformation, advancing regional integration, and a growing emphasis on sustainable finance, this conference serves as a vital platform for constructive dialogue. It is a chance to reflect on how we can further strengthen investor confidence, broaden listings, and enhance market participation. The Awards segment goes beyond recognising strong financial performance. It honours companies that exemplify leadership, transparency, and a steadfast commitment to excellence—the very attributes that inspire investor trust and underpin long-term economic progress.

As we look ahead, may our collaboration and shared vision help shape capital markets that are inclusive, dynamic , and globally competitive—contributing meaningfully to Zambia’s development.

Thank you.

Raphael Kasonde

Acting Board Chairperson, Lusaka Securities Exchange