Taj Pamodzi Hotels Plc, TourismFebruary 23, 2020

Pamodzi announces Jha as new member of its Board
The Board of Pamodzi Hotel Plc has announced the appointment of a new Director following the demise of Board member and Chilubi Member of Parliament Rosario Fundanga. “In compliance with Section 3.59 of the Lusaka Securities Exchange Listing Rules (“LuSE Rules”), Pamodzi is pleased to announce the appointment of Mr. Dinesh Jha to its Board […]

Economy, OpinionFebruary 23, 2020

Trading bell rings on ZAFFICO
The trading bell for Zambia’s first initial public offering (IPO) in 5 years finally took place on Wednesday 19th February 2020 with the tree growing company listing at Two Kwacha Six ngwee per share (K2.06) the 400 million shares issued yielding a market capitalization of K824 million in wealth for shareholders. This makes ZAFFICO the […]

Finance, ZCCM-Investment Holdings PlcFebruary 15, 2020

ZCCM IH dividend payment week –  A tale of three speeches
ZCCM IH Chief Executive Officer, Mabvuto Chipata concluded his dividend cheque presentation week at the headquarters of the Industrial Development Corporation (IDC) in Lusaka, Zambia by presenting the largest cheque by value of approximately K27.2 million to Chief Executive Officer Mateyo Kaluba, on Thursday 13th February 2020, after two others were presented to shareholders NAPSA […]

Economy, OpinionFebruary 15, 2020

All share index fades by 0.23% in 2020 – Tracking ‘Lasi’ at Week 7
The Lusaka Securities Exchange all Share index (LASI) has marginally lost 0.23% of its value since the beginning of this year, according to a financial analysis conducted at the close of week 7. The LASI is a series of numbers that show the changing average value of the share prices of all the 23 companies […]

TelecomFebruary 14, 2020

Liquid Telecom goes to Campus
Academic institutions as synonymous with fast internet and WIFI hotspots. The internet has become the driving force behind student interaction, student mobility and access to information.   This is why it is no surprise that in February 2020, Liquid Telecom opened another store at the University of Zambia in Lusaka. “Was privileged to give a […]

BankingFebruary 12, 2020

Melu Mizinga delivers the ‘Vertical Card’
When Barclays Zambia became ABSA, many Zambians were wondering what in the world Melu Mizinga and her team were up to. What many consumers of the old Blue Brand Banking offering did not realise that ABSA was now taking them into a whole new era of banking. According to the Business Insider in South Africa, […]

Economy, OpinionFebruary 11, 2020

Dr Bwalya Ngandu to make his first economic statement of 2020
It has been some time since the Honorable Ministry of Finance meet the press, business community and cooperating partners to give an update on the economic outlook of Zambia. The wait is finally over, according to Chileshe Kandeka, Ministry of Finance’s Chief Spokesperson in a Whatsapp message to the Founder of Financial Insight on 10th […]

Economy, OpinionFebruary 5, 2020

Day Two at the Mining Indaba – ESG and Traceability Key
When the Barrick Gold CEO Mark Bristow speaks, the world of mining listens. Speaking on the much-anticipated panel discussion of the day which was themed “Africa’s Mining Sector as an Engine for Development: What next”, Mark was very candid in his insistence that traceability in mining remains a key issue that African countries need to […]

Economy, Opinion, StrategyFebruary 4, 2020

Day One at the Mining Indaba – Cape Town South Africa
Mining commerce is alive! This is part of what the annual Mining Indaba, currently going on at the illustrious Cape Town International Convention Center seeks out to achieve. Now in its 26th year, this year’s event has found the South African economy at crossroads. The big talking point is energy for South Africa. They, like […]

Economy, OpinionFebruary 1, 2020

January 2020 Bond Market Review
What a month January 2020 was for the Bond Market in Zambia. The opening month of Government bond trading saw week 3 being the highest performing in terms of number of trades and sales.   A closer look at the behavior of capital in the market reveals that investors were more keen on the 5-year […]