THE Securities and Exchange Commission (SEC) has projected market growth to five million people from the current 1.7 million over the next 10 years. SEC adds that it has waived fees to zero cost for the first 10 SMEs to list on the market in order to encourage participation from small businesses. Speaking when he featured on ZNBC’s Sunday Interview, SEC Chief Executive Officer Philip Chitalu attributed the current 1.7 million people participating in capital markets to good policies. “Capital markets have grown from about 0.3 percent of the adult population just about three to five years ago to about 13 percent. That’s almost 1.7 million people who are playing in Capital markets from less than 100,000. That has to...
