Zambia’s stock market has reported a positive uptake of its breakthrough mobile application, with the number of registered users exceeding 33 000 since its launch.
The Lusaka Securities Exchange (LuSE), announced an upsurge in adoption yesterday of its mobile trading application, with mobile trading turnover exceeded K1 million for the first time in April 2025.
The platform, which allows ordinary investors to trade shares using mobile money, generated a buy-side turnover of K1.7 million, a 122% increase to March 2025.
During the period under review, the LuSE mobile app drove a significant increase in retail investor involvement, with over 18% annual growth in activity via mobile platforms, contributing to a total market capitalisation increase of more than 52% by 2025. For the first time in April 2025, mobile application trades exceeded K1 million.
The app is designed to overcome the financial inclusion gap by enabling users to buy and sell stocks, manage portfolios, and invest in bonds straight from their smartphones.
The surge in mobile trading is consistent with the Capital Markets Master Plan, which aims to digitise the market and encourage participation from rural areas of the country.
The LuSE mobile app has helped to transition the market away from being dominated by institutional investors and toward a more active, tech-savvy retail base.
Share
