When writing the assignment, studentsshould demonstrate the ability to present analytical material, select the necessary literature and statistical information, critically interpret and present the sources used with appropriate references, substantiate their opinion, conclusions and results in the text.

Ensure adequate sourcing, as a rule, each paragraph should have a minimum of one citation. Cite sources published within the last ten (10) years. Use Times New Roman, Font 12 with spacing of 1.5.

Amendments to the Securities Act (1972) led to the Securities Act, Chapter 354 of the Laws of Zambia (1993) that established the Securities and Exchange Commission (SEC). The SEC is a corporate body that is given powers under the Securities and Exchange Act. Required:

1. Discuss the types of capital markets in Zambia, the role of capital markets on national development and the major obstacie faced by our market.

2. Give a brief history of the Lusaka securities Exchange (LuSE) and mention three

(3) objectives of LuSE. 3. How securities are issued and traded and explain any four

(4) methods of issuing shares. 4. Prepare a table showing all the quoted companies on LuSE (Include share prices and trading volumes).

5. Explain the role of SEC in the capital markets.