Risk Disclosure
Read this before you invest. May 2026.
Important
Investing involves risk. You could lose some or all of the money you invest. Past returns do not predict future results. Do not invest money you cannot afford to lose.
Equity risk
LuSE equities can go up and down in price. A company's share price can fall due to poor financial results, changes in management, sector conditions, regulatory changes or broader economic events. In the worst case a company can fail and shares become worthless. You should diversify and not put all your money into one counter.
Currency risk
All returns are in Zambian Kwacha (ZMW). If you invested in foreign currency and converted to ZMW, or if you plan to convert returns back to foreign currency, movements in the exchange rate can increase or reduce your effective return.
Liquidity risk
LuSE is a smaller exchange compared to larger global markets. Some counters trade infrequently and you may not always be able to sell shares quickly at the price you want.
Tax
Withholding Tax (WHT) of 15% applies to dividends from LuSE-listed companies. MarketLink and Pangaea Securities deduct this at source. Capital gains on equity sales may also be subject to tax. Consult a Zambian tax advisor for your specific situation.
AI and platform risk
AI-generated content on MarketLink is for information only. It can be wrong. Do not make investment decisions based solely on AI summaries or briefings. Platform downtime, data errors or technical failures could prevent you from executing orders at your intended price.