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. Last Updated: 07/27/2016

Zambia Eyes Soccer

CAIRO () -- The Zambia stock exchange wants to tap the savings of the country's soccer fans to attract interest in a market which has only three listed shares.

Mumba Kapumpa, head of the Lusaka exchange, told the African Stock Exchanges Association, meeting in the Egyptian capital:

"We are trying to encourage various football clubs to float themselves. Zambians are football fanatics. They will spend their last penny on watching their national team. Club members could buy shares."