Copperbelt Energy Corporation (CEC) has seen a decline in its share price on the Lusaka Securities Exchange (LuSE), even as its market capitalization surpasses the $1 billion mark. Recent data from Stockbrokers Zambia, reviewed by the Zambia Business Times (ZBT), shows that for the market period ending 10 July, CEC’s share price has again dropped by 0.06%. A source familiar with the matter, who spoke to ZBT on condition of anonymity, however, explained that investors are primarily motivated by dividends or rising share prices. “CEC has not declared dividends, and that is affecting their share price,” the source said. “Most...
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