ZCCM-IH says listing a company on the stock exchange is the easiest way to raise money for capital expenditure.
Company chief Executive officer pious Kasolo says his company is listed on the Zambian, London and Paris Stock Markets.
He has advised State Owned Enterprises and other companies to follow its example in order for them to become profitable.
And a local investments company says most companies become insolvent mainly due to poor capital financing and poor management.
Two nine group principle Lulumbi Njeleka also says the collateral that banks demand from companies is almost unmanageable for companies.
He was speaking in an exclusive interview with Money FM News in Lusaka.
President Edgar Lungu Directed the Industrial Development corporation (IDC) to Ensure that all state owned parastatals are listed on the Lusaka stock Exchange following observations that few of them were making profits and declaring dividends.

___________________________________________________________________________________________

MONEY FM IS ZAMBIA’S FIRST AND ONLY BUSINESS & PERSONAL FINANCE RADIO STATION. WE FOCUS ON BUSINESS AND MONEY-RELATED TOPICS, AS WELL AS GENERAL NEWS AND DISCUSSION OF WIDER SOCIAL TOPICS SUCH AS HEALTH, EDUCATION, FOOD, MUSIC, FITNESS AND MORE.

____________________________________________________________________________________________