Zambia’s LuSE forecasts favorable market conditions for 2026

The Lusaka Securities Exchange (LuSE) is anticipating a positive market outlook for the year 2026. Despite this optimism, one crucial challenge that needs to be addressed is the normalization of electricity supply. Nicholas Kabaso, the Chief Executive Officer of LuSE, emphasized the expectations for increased market activity in 2026, building upon the momentum established in the previous year.

Kabaso mentioned the anticipation for a more positive year ahead, considering that it is an election year, where investor moods might vary depending on the evolving landscape. However, he expressed contentment with the exchange rate stability, highlighting the importance of addressing the issue of electricity supply for the market’s sustainability and growth.

In other news, the Zambia Compulsory Standards Agency (ZCSA) conducted inspections on fertilizers and found that the majority of them are compliant with mandatory standards, ensuring quality and safety for consumers. Additionally, the National Union for Small Farmers of Zambia (NUSFAZ) urged the government to pay farmers by December 10th or face a 30% interest rate penalty, emphasizing the importance of timely payments to support farmers and agricultural activities.

Furthermore, the Oil Marketing Companies Association of Zambia (OMCAZ) projected a potential increase in fuel prices from K3 to K4 in the year 2026, reflecting the impact of market dynamics on fuel costs. These developments highlight the significance of market stability, adherence to quality standards, and timely payments in ensuring a conducive environment for economic activities.

These various industry forecasts and assessments underscore the importance of addressing key challenges such as electricity supply, timely payments to farmers, and market dynamics to sustain growth and stability in the market. By focusing on compliance with standards, supporting agricultural activities, and monitoring fuel prices, stakeholders can work towards a more resilient and thriving market environment in the year ahead.